UAE President, VP condole with King of Jordan on death of Queen Rania’s father

ABU DHABI, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a cable of condolences to His Majesty King Abdullah II bin Al Hussein of Jordan, on the passing of Dr. Faisal Al-Yasin, the father of Her Majesty Queen Rania Al Abdullah.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, sent a similar cable of condolences to His Majesty King Abdullah.

Source: Emirates News Agency

GPP 2022 concludes on high note with over AED25 million worth of deals signed

DUBAI, With deals worth over AED25 million signed during the event, Gulf Print and Pack (GPP) 2022 concluded on a high note at the Dubai World Trade Centre this week.

GPP organisers said the decision to move from a four-day show in past editions to a three-day event in 2022 was vindicated with daily attendance increasing by 15 percent, resulting in an impressive 7,535 visitors from over 90 countries to the show, cementing its position as the leading trade show for the commercial and package printing industry in the Middle East and Africa region.

Barry Killengrey, Event Director of Gulf Print & Pack 2022, said, “On the show’s return after a three-year hiatus, we’re delighted to have provided the industry a great platform to do business and jump on a path towards recovery and growth. There’s a lot of optimism that we can carry forward to the next edition of the show.”

Sales of machinery and equipment were the biggest contributors to the total, with Canon closing over $2.5 million in sales and Kodak reporting in excess of $1 million.

Other exhibitors that confirmed having made substantial sales during the event included Vinsak and Heidelberg. Ricoh International reported selling 46 units of its ProTM series of printers which it showcased during the event, with expectations of more sales deals being signed immediately after the show. Contracts for print and packaging jobs made up the rest of the deals sealed at the show.

Luis Penades, Channel Programme Director, Kodak commented, “We are very happy about the outcome of our participation in the show. We’ve met a lot of potential customers and received over 200 leads that exceeded our expectations. During the show, we closed contracts in excess of $1 million, with many more deals expected to be signed after the show through our channel partners.”

Source: Emirates News Agency

AED8.7 billion of weeklong real estate transactions in Dubai

DUBAI, Dubai has recorded 2,884 real estate and properties transactions at the value of AED8.7 billion in total during the week ending 27th May 2022, according to Dubai Land Department (DLD).

The DLD weekly report said that 297 plots were sold for AED1.59 billion, as well as 2,116 apartments and villas for AED4.75 billion.

The top three land transactions were a land in Al Wasl sold for AED218 million, followed by one sold for AED110 million in Al Warsan First, and another sold for AED38.04 million in Saih Shuaib 2.

Al Hebiah Fifth recorded the most transactions for this week with 89 sales transactions worth AED216.11 million, followed by Jabal Ali First with 57 sales transactions worth AED188.42 million, and Al Merkadh with 37 sales transactions worth AED292 million in third place.

The top three transfers for apartments and villas were an apartment was sold for AED635 million in Burj Khalifa, an apartment sold for AED563 million in Business Bay, and an apartment sold for AED495 million in Al Wasl.

Moreover, the total value of mortgaged properties for the week reached AED2.02 billion. Meanwhile, 89 properties were granted between first-degree relatives worth AED413 million.

Source: Emirates News Agency

MD & CEO of DEWA welcomes Chairman of Dubai Quality Group

HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), received a certificate of appreciation from the Dubai Quality Group (DQG). This is in recognition of DEWA’s platinum sponsorship of the group and its support of the Emirates Women Award for ten consecutive years as the primary sponsor.

Al Tayer received the certificate during the visit of Dr Hazza Khalfan Alnuaimi, Chairman of Dubai Quality Group, at DEWA’s headquarters. Waleed Bin Salman, Executive Vice President of Business Development and Excellence at DEWA, and Fatima Al Jokar, Legal Advisor and Chairperson of the Women’s Committee at DEWA, attended the meeting.

Al Tayer praised DQG’s efforts in spreading and consolidating a culture of innovation, promoting quality practices, institutional excellence and appreciating excellence and innovation, especially in facing challenges. Al Tayer highlighted DEWA’s commitment to collaborate with UAE organisations to achieve the National Strategy for Wellbeing 2031 and the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai to enhance the quality of life in Dubai and make the best place to live, work, and visit. Al Tayer highlighted the role of the Emirates Women Award in recognising talented women and showcasing their effective role in the growth of Emirati society.

“We are consolidating the principles of quality and excellence to ensure the continued development of our services and operations. This is in addition to preserving DEWA’s global excellence and leadership. We work to achieve the wise leadership’s vision to empower society by empowering women and creating a competitive environment based on efficiency, excellence and appreciation of talents and capabilities. DEWA’s sponsorship of the Emirates Women Awards is part of its efforts to support national initiatives to empower women and increase their social participation, while enhancing their contribution to sustainable development in the UAE,” said Al Tayer.

“We are pleased to partner with DEWA as the platinum sponsor of the Emirates Women Award for 10 years. This partnership contributes to enhancing the group’s mission based on business excellence and quality, along with delivering a high standard of services, in line with the 50-year Development Plan of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President of the UAE and Ruler of Dubai. We always aspire to strengthen such partnerships, to ensure that women are continually supported as partners in development,” said Dr Hazza Khalfan Alnuaimi.

Source: Dubai Electricity and Water Authority