Latest news with #UniqueWorldGroup
Khaleej Times
08-04-2025
- Business
- Khaleej Times
New gold jewellery and lifestyle hub opens in Dubai
Unique World Group, a Dubai-based conglomerate, has launched Unique World Mall – a new gold jewellery as well as a lifestyle hub opposite Karama in Bur Dubai area – that is set to widen the choice of local and international buyers looking for an alternative shopping destination for gold jewellery. The new gold hub will cater to a wider consumer base amongst UAE residents as well as international tourists, many of whom visit Dubai to buy gold jewellery for social occasions including festive shopping and weddings. With increase in sales, the new gold hub will help accelerate the sale of gold jewellery and further reinforce Dubai's position as the City of Gold. The mall was inaugurated by Sayyid Sadiq Ali Shihab Thangal, Kerala State President, Indian Union Muslim League, Omar Al Marzooqi, Ambassador Extraordinary, Major in Dubai Police, international handball referee, and owner of the Omar Al Marzooqi Group of Companies, and Bu Abdullah, owner of Bu Abdullah Group of Companies. The occasion attended by Yaqoob Al Ali, Executive Director and Private Advisor to the Office of Sheikh Juma Bin Maktoum Al Maktoum, Mirza Hussain Al Sayegh, Member & Board of Trustees of Al Maktoum Foundation, UAE, Laila Mohamed Suhail, CEO for Strategic Alliances & Partnerships Sector for Dubai Tourism & Commerce Marketing (DTCM) and Board Member & Chairperson of Dubai Gold & Jewellery Group, Maktoum Mohammed of Al Marzouki Group, Thoraya Al Awadhi, CEO at Thoraya Al Awadhi Group of Companies, and Faridah Ajmal, Founder & Director of Faridah Ajmal Perfumes, among others. Other prominent figures who attended the inauguration were Ahmmed Faisal of Malabar Gold & Diamond, Abdullah Bin Omar Al Falasi and Mohammed Khalifa Al Mheiri from Al Falasi Group, Khalid Matar Salim Salim Al Meheri, P.K. Anwar Naha, General Secretary of UAE KMCC, and Anvar Ameen Chelat, President KMCC, Dubai. The Group's latest venture is helmed by Sulaiman TM, Chairman of Unique World Group, Mohammed Suhaib, Managing Director of Unique World Group, Mohammed Shihab, Director of Unique World Group, Mohammed Shakeeb, Director of Unique World Group, Mohammed Ali, Director of Operations, Unique World Group, and Abdul Razzak, CEO of Unique World Group. With major jewellery retailers such as Malabar Gold and Diamonds, Joyalukkas, Tanishq, Kalyan Jewellers, Kavitha, Clarus, Ziya, and Senco opening large showrooms, shoppers will be spoilt for choices. Unique World Mall is set to re-define the gold jewellery retail experience in the UAE. It also complements the existing jewellery retail business in the country. Shoppers no longer will have to be confined to one destination; rather they could spend more time in selecting jewellery from a wider collection that is available in the new Unique World Mall. 'We are pleased to launch the new gold jewellery hub in this part of Dubai, where Unique Wold Mall offers a new shopping destination and a better overall experience for local, regional, and international shoppers,' Mr. Sulaiman TM, Chairman of Unique World Group, says. 'Unique World Mall is Dubai's new Gold Hub and fulfills an important gap in Dubai's jewellery market where a new destination will help the market to grow further. The opening of Unique World Mall is going to help the gold jewellery market in Dubai where annual sale exceeded US382 billion last year.' In 2024, Dubai's gold demand reached previously unseen levels, with the combination of record gold prices and volumes resulting in a Q4 value of US$111 billion and an annual value of US$382 billion, the highest ever, a recent report said, citing statistics released by World Gold Council. 'There was a 300 per cent increase in gold trade flow in Dubai from 2023 to 2024, reflecting the city's growing appetite for gold,' said the report. The UAE's annual gold jewellery demand stands at nearly 40 tonnes, tying with Russia and followed by Saudi Arabia at the 7th position. Historically, the age-old Dubai Gold Souq has been catering to the growing needs of jewellery and has been serving the residents and tourists very well. However, the increase in demand for gold jewellery in the Middle East, Africa, South and Central Asia, the City of Gold needed a new Gold Hub. Unique World Mall fulfils that gap. Mohammed Suhaib, Managing Director of Unique World Group, said: 'With the opening of Unique World Mall, we believe, gold jewellery sale will accelerate in the next few months and years, as we are planning some exciting marketing and promotional campaigns to attract local, regional and international shoppers to the new Gold Hub. With ample car parking and a very convenient location, Unique World Mall is set to become a shoppers' paradise in the months and years to come. We take this opportunity to welcome shoppers to explore and experience a new way of shopping.' Beyond gold shopping, UW Mall also features a distinct variety of international and local lifestyle brands, establishing itself as a holistic shopping destination. It is poised to cater to diverse shoppers, including tourists who want to explore the vibrancy of Dubai's retail.
Zawya
08-04-2025
- Business
- Zawya
Unique World launches Dubai's new gold jewellery and lifestyle hub that will re-define shopping
Dubai, UAE; Unique World Group, a Dubai-based conglomerate, has launched Unique World Mall – a new gold jewellery as well as a lifestyle hub opposite Karama in Bur Dubai area – that is set to widen the choice of local and international buyers looking for an alternative shopping destination for gold jewellery. The new gold hub will cater to a wider consumer base amongst UAE residents as well as international tourists, many of whom visit Dubai to buy gold jewellery for social occasions including festive shopping and weddings. With increase in sales, the new gold hub will help accelerate the sale of gold jewellery and further reinforce Dubai's position as the City of Gold. The mall was inaugurated by Chief Guests Sayyid Sadiq Ali Shihab Thangal, Kerala State President, Indian Union Muslim League, Omar Al Marzooqi, Ambassador Extraordinary, Major in Dubai Police, international handball referee, and owner of the Omar Al Marzooqi Group of Companies, and Bu Abdullah, owner of Bu Abdullah Group of Companies. The occasion was further illuminated by the presence of VIP guests, including His Excellency Yaqoob Al Ali, Executive Director and Private Advisor to the Office of His Highness Sheikh Juma Bin Maktoum Al Maktoum, His Excellency Mirza Hussain Al Sayegh, Member & Board of Trustees of Al Maktoum Foundation, UAE, Laila Mohamed Suhail, CEO for Strategic Alliances & Partnerships Sector for Dubai Tourism & Commerce Marketing (DTCM) and Board Member & Chairperson of Dubai Gold & Jewellery Group, Maktoum Mohammed of Al Marzouki Group, Thoraya Al Awadhi, CEO at Thoraya Al Awadhi Group of Companies, and Faridah Ajmal, Founder & Director of Faridah Ajmal Perfumes, among others. Other prominent figures who graced the inauguration were Ahmmed Faisal of Malabar Gold & Diamond, Abdullah Bin Omar Al Falasi and Mohammed Khalifa Al Mheiri from Al Falasi Group, Khalid Matar Salim Salim Al Meheri, P.K. Anwar Naha, General Secretary of UAE KMCC, and Anvar Ameen Chelat, President KMCC, Dubai. The Group's latest venture is helmed by Sulaiman TM, Chairman of Unique World Group, Mohammed Suhaib, Managing Director of Unique World Group, Mohammed Shihab, Director of Unique World Group, Mohammed Shakeeb, Director of Unique World Group, Mohammed Ali, Director of Operations, Unique World Group, and Abdul Razzak, CEO of Unique World Group. With major jewellery retailers such as Malabar Gold and Diamonds, Joyalukkas, Tanishq, Kalyan Jewellers, Kavitha, Clarus, Ziya, and Senco opening large showrooms, shoppers will be spoilt for choices. Unique World Mall is set to re-define the gold jewellery retail experience in the UAE. It also complements the existing jewellery retail business in the country. Shoppers no longer will have to be confined to one destination; rather they could spend more time in selecting jewellery from a wider collection that is available in the new Unique World Mall. 'We are pleased to launch the new gold jewellery hub in this part of Dubai, where Unique Wold Mall offers a new shopping destination and a better overall experience for local, regional, and international shoppers,' Mr. Sulaiman TM, Chairman of Unique World Group, says. 'Unique World Mall is Dubai's new Gold Hub and fulfills an important gap in Dubai's jewellery market where a new destination will help the market to grow further. The opening of Unique World Mall is going to help the gold jewellery market in Dubai where annual sale exceeded US382 billion last year.' In 2024, Dubai's gold demand reached previously unseen levels, with the combination of record gold prices and volumes resulting in a Q4 value of US$111 billion and an annual value of US$382 billion, the highest ever, a recent report said, citing statistics released by World Gold Council. 'There was a 300 percent increase in gold trade flow in Dubai from 2023 to 2024, reflecting the city's growing appetite for gold,' said the report. The UAE's annual gold jewellery demand stands at nearly 40 tonnes, tying with Russia and followed by Saudi Arabia at the 7th position. Historically, the age-old Dubai Gold Souq has been catering to the growing needs of jewellery and has been serving the residents and tourists very well. However, the increase in demand for gold jewellery in the Middle East, Africa, South and Central Asia, the City of Gold needed a new Gold Hub. Unique World Mall fulfils that gap. Mr Mohammed Suhaib, Managing Director of Unique World Group, says, the new Gold Hub will help jewellery sales to accelerate further. 'With the opening of Unique World Mall, we believe, gold jewellery sale will accelerate in the next few months and years, as we are planning some exciting marketing and promotional campaigns to attract local, regional and international shoppers to the new Gold Hub,' Mohammed Suhaib remarks. 'With ample car parking and a very convenient location, Unique World Mall is set to become a shoppers' paradise in the months and years to come. We take this opportunity to welcome shoppers to explore and experience a new way of shopping,' he further adds. Beyond gold shopping, UW Mall also features a distinct variety of international and local lifestyle brands, establishing itself as a holistic shopping destination. It is poised to cater to diverse shoppers, including tourists who want to explore the vibrancy of Dubai's retail. As one of the most visited cities in the world, Dubai continues to shine with its impressive tourist destinations. The influx of tourists has driven Dubai's annual visitor count to 18.72 million in 2024, a nine percent jump from 2023. Moreover, UAE Tourism Strategy 2031 aims to welcome 40 million hotel guests by the next decade, which necessitates the development of more tourist hubs in the country. In the long run, UW Mall will support the strategy by offering tourists a unique shopping experience through seasonal promotions and all-year-round activities. Unique World Group is a Dubai-based diversified business conglomerate with interests in business centre, education and real estate sectors, is currently embarking on a new more diversified growth trajectory. Unique World Group, established by Mr. Sulaiman TM, a non-resident Indian serial entrepreneur from Kerala state, has demonstrated leadership in all the areas that he had ventured in – in the UAE. Over the last 27 years, the group has grown from strength to strength with a vision to continuous grow and expand, leveraging the power of digitalisation and innovation. Established in 1998, Unique World Group currently manages a portfolio of five business centres, educational institutions, and a number of real estate assets in the UAE with a team of more than 100 professionals working day and night to expand the group's business into new economic sectors. Over the last 27 years, the Group has evolved from a small business into a formidable corporate entity, mirroring Dubai's remarkable economic success. Through its business, the group has impacted more than 500,000 businesses with a substantial number of satisfied clients. About Unique World Group Unique Group is a renowned business conglomerate with a legacy of excellence and strategic expansion. Established in 1998 in the UAE by visionary entrepreneur Sulaiman TM and a team of business enthusiasts, the Group has steadily built a reputation for delivering exceptional customer experiences across multiple industries. From its early days, Unique Group set itself apart through its commitment to quality, integrity, and innovation. As the company grew, it expanded its offerings beyond its initial focus, venturing into key sectors such as real estate, contracting, and business services. With a forward-thinking approach, Unique Group continuously adapts to evolving market trends, ensuring that its services remain relevant, efficient, and impactful. This strategic diversification has allowed the Group to establish itself as a trusted leader in the UAE and beyond. At the core of Unique Group's success is its dedication to customer satisfaction and operational excellence. By fostering a culture of innovation and collaboration, the company has developed solutions that empower businesses, drive economic growth, and enhance the overall business landscape. Its ability to blend expertise with cutting-edge strategies has solidified its position as a trailblazer in the industry. Today, Unique Group continues to push boundaries, embracing new opportunities and setting higher benchmarks in service excellence. With a strong foundation built on trust and strategic vision, the Group remains committed to shaping the future of business in the region, ensuring long-term success for its clients, partners, and stakeholders.
See - Sada Elbalad
27-03-2025
- Business
- See - Sada Elbalad
Dubai Prepares to Launch New Gold Center to Meet Growing Demand
Waleed Farouk The Emirate of Dubai, which has established itself as a leading global destination for gold, jewelry, and diamond trading, is preparing to launch a new gold center to meet the growing demand from residents and tourists visiting the city to purchase gold and diamond jewelry, especially during social occasions such as holidays and weddings. According to estimates by market research firm Statista, the value of the global jewelry market is expected to rise from $270 billion in 2022 to more than $330 billion by 2026. In 2024, Dubai recorded unprecedented levels of demand for gold, with the total value of gold traded in the fourth quarter reaching $111 billion, and the annual value reaching an all-time high of $382 billion, according to a recent report based on data from the World Gold Council. The report indicated that gold trade flows in Dubai witnessed a 300% increase between 2023 and 2024, reflecting the growing demand for the precious metal. According to the report, the UAE ranked second globally in per capita gold jewelry demand, with an average of 5.07 grams, ahead of Switzerland (4.06 grams) and Kuwait (3.95 grams), while Hong Kong ranked first with an average of 5.12 grams. Despite a slight decline in consumption during the first half of 2024, the UAE remains the fifth-largest global market for gold jewelry, thanks to its high per capita GDP, the cultural significance of gold, tax exemptions, and the strength of the tourism and retail sectors. Amid this rapid growth, Sulaiman TM, Chairman of Unique World Group, emphasized the need to develop a new gold center in Bur Dubai to meet the growing demand. Sulaiman said, "Along with population growth and the increasing purchasing power of consumers, we expect a significant increase in demand for gold and diamond jewelry in the coming years, necessitating the creation of a new center to meet the needs of both resident and tourist shoppers." He noted that extensive discussions with leading jewelers revealed an urgent need for this project, confirming that the new center will be completed soon. For his part, Mohammed Suhaib, General Manager of Unique World Group, said, "With Dubai's population expected to exceed 3.8 million, and the UAE's population expected to exceed 10.8 million, the establishment of a new gold and lifestyle center is a necessary step to support this growing sector." He added, "The annual increase in the number of tourists, for whom gold and diamonds are an essential part of their shopping lists, necessitates the development of a new destination that offers shoppers the latest designs and finest products." read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Egypt confirms denial of airspace access to US B-52 bombers News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe Videos & Features Bouchra Dahlab Crowned Miss Arab World 2025 .. Reem Ganzoury Wins Miss Arab Africa Title (VIDEO) News Ireland Replaces Former Israeli Embassy with Palestinian Museum News Israeli PM Diagnosed with Stage 3 Prostate Cancer Lifestyle Maguy Farah Reveals 2025 Expectations for Pisces News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers
Zawya
24-03-2025
- Business
- Zawya
Unique World Group charts a new chapter in its 27-year journey that will see the creation of a new hub in Dubai
Dubai, UAE: Unique World Group, a Dubai-based diversified business conglomerate with interests in Business Centre, Education and Real Estate sectors, is embarking on a new project that will create a new retail hub in the middle of Dubai's residential communities that is set to widen the choice of shoppers – both domestic and international. Unique World Group, established by Mr. Sulaiman TM, a non-resident Indian serial entrepreneur from Kerala state, has demonstrated leadership in all the areas that he had ventured in – in the UAE. Over the last 27 years, the Group has grown from strength to strength with a vision to continuous grow and expand, leveraging the power of digitalisation and innovation. In more than a quarter of a century, the Group helped thousands of new businesses with business advisory services, trade licenses, office facilities, and a bouquet of business enabling services to help them establish in the UAE. The company actively seeks new opportunities and partnerships, aiming to improve, evolve, and establish itself as an industry leader in the Business Centre, Education, and Real Estate sectors. He and Muhammed Suhaib, the scion of the family, are now getting ready to embark of a new journey that will add greater value to Dubai's economy. Established in 1998, Unique World Group currently manages a portfolio of five business centres, educational institutions, and a number of real estate assets in the UAE with a team of more than 100 professionals working day and night to expand the Group's business into new economic sectors. Over the last 27 years, the Group has evolved from a small business into a formidable corporate entity, mirroring Dubai's remarkable economic success. Through its business, the group has impacted more than 500,000 businesses with more than 2,000 satisfied clients. 'As we embark on a new venture which we will unveil after Eid holidays, we would like to express our deep appreciation to the visionary leadership of the UAE for creating a world-class business environment that has been instrumental in our success, Mr. Sulaiman TM, Chairman of Unique World Group, says. 'The nation's commitment to creating a pro-business enabling environment, coupled with its strategic vision, has allowed companies like ours to thrive. Unique World Group is proud to contribute to this vibrant economy by delivering exceptional services that drive growth and innovation. 'We remain deeply committed in our resolve to support the UAE economy in our own humble way. Our next business venture will create a hub for a particular sector in Dubai. This reflects our long-term commitment to Dubai and our resolve to offer the best for its economy.' Dubai's strategic initiatives have positioned it as a global nexus for business and innovation. The city's economy is expected to grow steadily, with GDP projected to increase by 4.9 percent in 2025. This economic dynamism has fostered an environment ripe with opportunities for enterprises like Unique World Group to flourish. Under the stewardship of Mr. Mohammed Suhaib, Managing Director of Unique World Group, the Group is poised for its next phase of expansion. His strategic focus on digital transformation, operational excellence, and sustainable practices aligns seamlessly with Dubai's forward-thinking agenda. The city's emphasis on technological advancement and smart infrastructure provides a fertile ground for the Group's innovative initiatives. Mr. Mohammed Suhaib has been closely involved in the business alongside his father for over 12 years, gaining extensive expertise in strategic decision-making. His deep understanding of market dynamics and leadership acumen has played a pivotal role in driving the Group's success. With a keen eye on diversification, he envisions entering new markets in a highly creative and strategic manner, leveraging innovation to stay ahead of industry trends. Mr. Mohammed Suhaib, Managing Director of Unique World Group, says, 'Building upon my father's legacy is both an honour and a responsibility. At Unique World Group, we are committed to embracing innovation and sustainability to drive our growth. As Dubai continues its ascent as a global business hub, we aim to contribute by offering cutting-edge solutions that meet the evolving needs of our clients.' Unique World Group has established a strong presence in the business services sector, operating five state-of-the-art business centres across key locations in Dubai, including Al Karama, Al Qusais, and Deira, with a new centre set to launch in Oud Mehta. These centres provide flexible workspace solutions, administrative support, and business setup services, catering to the growing needs of startups, SMEs, and multinational corporations looking to establish a foothold in the UAE's thriving business ecosystem. By offering modern and well-equipped office spaces, Unique World Group continues to support Dubai's position as a global business hub. Beyond business services, Unique World Group has made significant investments in real estate and education, contributing to the city's urban development and knowledge economy. The Group's real estate division focuses on developing premium commercial and residential properties, enhancing Dubai's skyline with modern living and retail spaces that align with the city's ambitious growth plans. In the education sector, the Group is dedicated to establishing innovative educational institutions that emphasize holistic development, integrating advanced technologies, and future-ready curricula to equip students with the skills needed to succeed in a rapidly evolving world. Through these strategic investments, Unique World Group continues to shape industries and drive meaningful progress in the UAE. Dubai's commitment to economic diversification and sustainable development resonates with Unique World Group's core values of integrity, excellence, and innovation. The city's strategic location, coupled with its robust infrastructure and business-friendly policies, continues to attract global investors and entrepreneurs, creating a dynamic ecosystem for businesses to thrive. As Dubai's economy is projected to grow steadily, with GDP projected to increase by 4.9% in 2025, Unique World Group is well-positioned to capitalise on emerging opportunities. The Group's focus on digitalisation, sustainability, and customer-centric solutions ensures its readiness to meet the evolving demands of the market. The success of Unique World Group is underpinned by its dedicated workforce of over 100 professionals. The Group fosters a culture of collaboration, continuous learning, and innovation, empowering employees to excel and contribute to the company's growth. Looking ahead, Unique World Group aims to expand its footprint both locally and internationally. By leveraging Dubai's strategic position as a global trade hub, the Group plans to explore new markets and forge strategic partnerships that align with its vision of sustainable growth and excellence. Unique World Group's journey from a modest enterprise to a leading conglomerate epitomises the spirit of Dubai's entrepreneurial landscape. With a steadfast commitment to innovation, quality, and customer satisfaction, the Group is poised to contribute significantly to Dubai's economic narrative, driving progress and setting new benchmarks in the industries it serves. About Unique World Group Unique Group is a renowned business conglomerate with a legacy of excellence and strategic expansion. Established in 1998 in the UAE by visionary entrepreneur Sulaiman TM and a team of business enthusiasts, the Group has steadily built a reputation for delivering exceptional customer experiences across multiple industries. From its early days, Unique Group set itself apart through its commitment to quality, integrity, and innovation. As the company grew, it expanded its offerings beyond its initial focus, venturing into key sectors such as real estate, contracting, and business services. With a forward-thinking approach, Unique Group continuously adapts to evolving market trends, ensuring that its services remain relevant, efficient, and impactful. This strategic diversification has allowed the Group to establish itself as a trusted leader in the UAE and beyond. At the core of Unique Group's success is its dedication to customer satisfaction and operational excellence. By fostering a culture of innovation and collaboration, the company has developed solutions that empower businesses, drive economic growth, and enhance the overall business landscape. Its ability to blend expertise with cutting-edge strategies has solidified its position as a trailblazer in the industry. Today, Unique Group continues to push boundaries, embracing new opportunities and setting higher benchmarks in service excellence. With a strong foundation built on trust and strategic vision, the Group remains committed to shaping the future of business in the region, ensuring long-term success for its clients, partners, and stakeholders. Web:
