Tag Archives: Dubai

New Online Magazine is Launched in Dubai

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Manchester (PRWEB) April 24, 2006

The Dubai Life a new monthly online magazine giving a unique perspective to life in Dubai has been launched. The Dubai Life aims to create a truly unique forum for debate about Dubai. Bringing together people from all spectrums of life.

The inaugural issue focuses on the plight of Dubai’s construction workers highlighting the silent suffering of those building Dubai. The website http://www.thedubailife.com also carries an online petition gathering support for those affected by poor working conditions in the Emirate. It also discusses the Dubai Ports issue as well as carrying an interview with Movenpick a leading Dubai hotel group.

Waseem Aslam Co-Founder and Editor of The Dubai Life said “There is a distinct lack of community based online publications in Dubai. Our objective is to break this status quo and build a truly unique forum for open debate about Dubai and the issues affecting it. As the construction workers strike and riot have shown there are many issues simmering beneath the surface in Dubai and there needs to more openness in discussing these.”

“We got involved in the online petition from an early stage as we felt mere media coverage didn’t go far enough and there needs to be focused activism in creating long term solutions to the problems they face.”

” In future issues we will be inviting home owners, investors , developers and those involved in the tourism industry to come forward and give us their views on the future of Dubai.”

Notes to Editors:

The online petition can be found at the following link:

http://www.thedubailife.com/index.php/main/petition

The first issue of the Magazine is available online at:

http://www.thedubailife.com

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Dubai Real Estate Market Poised to Shine on Global Cues

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(PRWEB) November 14, 2009

With the recession almost out of sight, global investors, from the bourgeois to high net worth investors are keenly eyeing Dubai for real estate investments, given the Emirates phase of “relative stability” in prices and affordable housing.

In a positive upturn, the latest results from the Dubai House Price Index from Colliers, indicates that real estate prices in Dubai have risen almost 7% in the third quarter of this year from the previous quarter.

The results indicate a bounce in the market and is an indication of an excellent recovery, says Mr. Tej Kohli, visionary, real estate investor and founder of Ozone Real Estate.

As a long-term analyst in real estate, Mr. Kohli is of the opinion that stability in real estate prices is set to be steady from this point on. Given the fact that real estate prices are moving towards more reasonable levels, now is the time to strike the iron as the market enters a new stage that will help the transition into reformation.

The most encouraging sign in the Colliers report shows that transactions increased by 64% in the third quarter. To add to the rising real estate boom will be a host of new launches and openings within the emirate. By mid-December this year, the worlds tallest tower, Rose Rayhaan, is all set to have a gala opening, which will dot the luminous skyline along Shaikh Zayed Road. Following shortly, the five-star Jebel Ali Golf Resort and Spa will re-open after a comprehensive renovation.

Kohli opines, With a host of projects slated to launch along with the opening of a spanking new airport, Dubai has plenty on its plate to silence the critics and welcome its investors.

In addition, a slew of high end hotels including The Conrad Hotel Dubai and a second Ritz Carlton are also on track for an early 2010 opening. The Palazzo Versace Resort and new hotels opening on the crescent-shaped The Palm Jumeirah in 2010 include the five-star Ottoman Palace by Rixos boasting the world’s largest Turkish bath will follow immediately. Close on its heels will be the launch of the five-star Royal Amwaj Resort & Spa, which will bring in a touch of the sparkling Indian Ocean to Dubai with its water villas.

The much-awaited Jumeirah Golf Estates will start operating in late 2009 and 2010 as Dubai’s prime golf-themed real estate evolution. Moreover, a half an hour drive from Dubai International Airport, Tiger Wood’s Al Ruwaya resort is also set to commence in 2010, boasting of an 18-hole championship course.

“The slew of launches goes to show that Dubai is well on track; with global visitor numbers up four per cent for the first half of 2009 compared to the same period last year,” claims Mr. Kohli.

http://www.ozonerealestate.com/

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Travel & Culture Services Pakistan opens its office in Dubai.

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Karachi, Pakistan (PRWEB) June 5, 2006

Travel & Culture Services Pakistan opens its office in Dubai.

Travel & Culture Services a domestic inbound tour operator based in Karachi Pakistan has recently started offering tours and Safaris in Dubai (UAE). Although company’s base and core business is inbound tours and treks in Pakistan but since Pakistan has become ever more difficult to sell as a tourist destination Travel & Culture Services has decided to operate tours in Dubai until the things get normalized in Pakistan. The Pakistan operation will still be as it is offering tours treks and hotel reservations in Pakistan but there will be Dubai as destination as well.

Travel & Culture’s CEO believes that their 15 years experience of planning and development of Pakistan tour programs will help plan Itineraries for UAE as well as in Pakistan they can use their adventure and culture tours experience in Dubai and are confident that they will have great success in Dubai as well. For Dubai special section of Travel & Culture’ website ( http://www.travel-culture.com ) has been developed which can be accessed at http://dubai.travel-culture.com

The CEO of the company Mr. Jamal Panhwar will be based in Karachi as usual and Dubais Maters will be handled by Mr. Salih Al Yousaf.

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ATM Machine Suppliers TestLink To Address Dubai ATMIA Conference

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(PRWEB) January 7, 2010

ATM machine suppliers TestLinks Chairman Nick Beer is to address ATM business leaders from all over the world at the next major ATMIA conference in Dubai.

Mr Beer will tell the Middle East ATMs 2010 conference how to create a private ATM network and make it an innovative and secure payroll solution for migrant workers.

He will deliver a joint presentation with Ibrahim Darraz, General Manager of Workers Equity Holding (WEH).

They will speak on day two of the Middle East ATMs 2010 ATMIA conference which will run from January 11-12 at the Radisson Blu Hotel, Dubai Deira Creek.

Together they will highlight how refurbished ATMs from TestLink are being used to help WEH expand its innovative payroll solution across the Middle East.

WEH purchased 20 NCR 5684 ATMs from TestLink to expand its private ATM network which helps client companies to pay migrant workforces.

These ATMs are being used to dispense wages and payslips to migrant workers without bank accounts.

TestLink has remanufactured the ATMs to as new condition and is also providing high quality refurbished ATM parts and ongoing support to WEH.

Migrant workers without bank accounts can now access their wages and payslips in safe and convenient amounts from refurbished ATMs installed at their work accommodation.

As soon as each worker inserts their cash card into a TestLink ATM, it automatically displays dispensing options in their pre-selected language.

There are numerous benefits for companies and their migrant workers:

Dubai Property Investment from £31,000

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(PRWEB) January 19, 2005

Dubai’s mission is to be the Hong Kong, Monaco and Orlando of the Middle East, the financial hub and the tourism and leisure destination that will outstrip anywhere else. Its geographical position in the world, where East meets West, means that it has access to a huge market covering Middle East, India, Pakistan, Central and Western Europe, Africa, and the Russian Federation etc.

Dubai has many natural advantages for UK investors – including direct flights of less than 7 hours, relative safety and security, tax free shopping, no tax on income or capital, and of course the sunshine!

The property market here is expected to experience strong demand and growth from indigenous as well as external investors. Factors driving this continued demand include:

Government backing for large scale tourism-related projects

Restrictions on foreign-owned property being lifted

Freehold ownership being legally instituted shortly

No tax on capital and income

A high standard of living in a stable economic climate, all year round sunshine

A residency visa available to buyers when a property is purchased

The government’s growth forecasts are that visitor numbers to Dubai will grow from 5 million to 15 million by 2010. Within this exciting growth market is a project called International City.

It is a new development within Dubai, located just 12 km from the Dubai International Airport, set within 800 hectares, which will reflect the varied styles of world architectures, including Italy, Spain, Russia, Morocco, Persia, Greece, France, Thailand Indonesia, China and England. In all, the residential development features 21,000 expertly planned yet affordable studio and one bed apartments that will become home to 60,000 residents.

The development also features an exciting blend of leisure, retail and business developments, including exhibition halls, such as the Dragon Mart and Dubai Gate, and Central District commercial area, as well as schools and hospitals.

The International City development is much in demand from investors and potential residents alike, due to the very competitive prices that these are being released at. The benefits of owning property in Dubai at these prices will ensure a lively secondary market.

International City apartments consist mainly of studio and one bed apartments. The property development company in charge of the project is Nakheel, Dubai’s government-backed developer, and construction is now under way, with expected completion in Dec 2006. All the buildings in International City areas have been sold and deals are now being traded in a secondary market. The Chinese quarter is closest to completion, with occupancy now taking place.

Investors Provident have secured an opportunity with the potential to invest for either short term gain, or long term equity growth within this area. The prices are 20% below market value and should beat anything that investors will see on the web. With exclusive access to a number of studios and one bed apartments with extremely competitive prices – Studios are 220,000 AED and 1-beds are 320,000 AED, i.e. £31,000 and £46,000 respectively.

If you believe that now is a good time to be investing in dollar-denominated assets, then it is an advantage as investors have the option to sell before completion if the dollar strengthens over the next two years.

KEY FACTS

Massive 20% discount to currently available prices – your own tax efficient investment property from only £31,500

Only a £1,000 reservation fee secures your apartment.

2 years to completion to provide maximum capital uplift (Dec ’06)

Excellent rental potential – circa 10% p.a.

Proximity to forthcoming Dubai Land (http://www.dubailand.ae) and other major attractions

Huge international business exhibition market – e.g. Dragon Mart area attractive to Chinese companies

Invest 50% now and take advantage of the dollar strengthening against the £ over the next year, thus lifting the AED higher.

Residency visa on completion including tax free status of Dubai.

For further information, please contact Investors Provident

Email: info@investorsprovident.com

Website: http://www.investorsprovident.com

Tel: +44 (0) 870 1999 859

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Jordan Dubai Islamic Bank Selects SunGards Ambit Credit Risk Management Solution Suite

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Amman, Jordan (PRWEB) April 11, 2012

Jordan Dubai Islamic Bank (JDIB), a full-fledged Islamic bank based in Jordan, has selected SunGards Ambit for credit assessment and credit portfolio monitoring to help lay the foundation for risk-based decision-making and pricing, and for improved capital and credit risk management. The bank will use Ambit to help improve the efficiency of its credit process, enhance its relationship management capabilities, gain better visibility into its financing portfolio and comply with requirements laid out by the Basel II/III regulations.

Ambit Credit Assessment will help JDIB standardize its spreading and credit assessment processes and deploy uniform risk rating models, particularly for its corporate and small and medium enterprise (SME) clients. The SunGard solution will also help the bank enhance face-to-face client interactions via strategy screens, helping to nurture client relationships in line with the core Islamic finance principle of partnership and thereby helping reduce relationship risk.

Ambit Credit Portfolio Monitoring will help the bank perform portfolio trend analysis, concentration analysis, portfolio stress testing and portfolio reporting in order to analyze and monitor credit risk across various portfolios and sub-portfolios.

Ahmed A. Abdullah, deputy chief executive officer and chief risk officer for Jordan Dubai Islamic Bank, said, As a relatively young bank, JDIB has the opportunity to establish a comprehensive risk management system that will help us meet our profitability objectives while maintaining prudent financing standards and appropriate capital adequacy. SunGards Ambit credit risk management solution suite will help us make better informed decisions about credit worthiness at the initial stages of client evaluation, estimate the impact of both internal and external factors on the risk around our portfolio, and subsequently determine the risk associated with our financing portfolio to our short and long term profitability.

Wissam Khoury, managing director for the Middle East at SunGard Financial Systems, said, SunGards Ambit credit risk management solution suite helps banks increase the strength of their risk-adjusted performance. From assessing the creditworthiness of clients and enhancing the banks relationship management capabilities, to helping improve transparency into the financing portfolio, Ambit helps banks, such as Jordan Dubai Islamic Bank, better understand their risk and consequently make more informed financing decisions.

About Jordan Dubai Islamic Bank

Jordan Dubai Islamic Bank is a public shareholding company with a paid up capital of JD 89 million and is a result of transforming the Industrial Development Bank into a comprehensive banking entity operating under a new name and in accordance with the Islamic Sharia law. Dubai Islamic Bank and its partner Jordan Dubai Capital together control a majority stake in the Banks capital. JDIB offers a complete package of Islamic banking solutions developed according to the highest international standards and supported by Dubai Islamic Banks vast expertise in this field, to meet the growing demand in the Jordanian market.

About SunGards Ambit

SunGard’s Ambit is a banking solution suite for retail, commercial and private banks. It provides banking professionals with solutions that support front-, middle- and back-office operations, as well as solutions for financial management, risk and performance. Ambit helps banks retain and acquire customers, improve staff efficiency and effectively measure and allocate their capital. For more information, visit http://www.sungard.com/ambit.

About SunGard

SunGard is one of the worlds leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $ 4.5 billion, SunGard is the largest privately held software and services company and was ranked 434 on the Fortune 500 in 2011. Look for us wherever the mission is critical. For more information, please visit http://www.sungard.com.

Trademark Information: SunGard, the SunGard logo and Ambit are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

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3rd UAE Government Organizations Customer Care Excellence Conference 24 – 25 June 2006 Burj Al Arab, Dubai, UAE

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Dubai UAE (PRWEB) June 22, 2006

Global Customer Care experts will convene in 3rd UAE Government Organizations Customer Care Excellence Conference to discuss the innovative strategies in Customer Services for UAE Government Organizations. The conference will be held on the 24th and 25th of June 2006 at the Burj Al Arab Hotel, Dubai, UAE.

The conference will address the major issues around the customer service desks in the UAE government organizations. UAE government organizations have undertaken many measures like help desks, call centers, online complaints registrations, and many others. But what is the effectiveness of these measures, and how can they be improved to ensure a better customer experience?

The conference will discuss these questions and put forward the key solutions from international case studies and success stories. The expert panel of speakers at the event includes Terry Bennet Head of Business Consultancy, Joshua Group Limited UK, Imy Kassam, Founder and CEO, Stepping Stone Consulting, Patrick Mangan, CEO, Pas Mango Consulting, Australia, Ms. Chris Barnett, Managing Director, DEMAT UAE and Patrick Mangan, CEO, Pas Mango Consulting, Australia

Speaking about the conference, Ali Al Kamali, Managing Director, Datamatix Group said, For UAE government agencies that provide citizen services, developing a customer oriented approach is a priority. In order to address the crucial issues involved with customer care for government organizations, Datamatix presents an event with a customer focus. The 3rd UAE Government Organizations Customer Care Excellence Conference is a premier event exclusively designed for government customer service professionals in the nation.

Attendees at the conference will include personnel and management at all levels of government such as Department and Agency CIOs, Government Help Desk Professionals, Call Center Professionals, Staff and Managers of On-line Government Services, Government Customer Service and Support Managers, Government Managers of Technical Support, Government Contracting Officers and Representatives and Others Interested in Excellence for Government Customer Support.

For more information and media enquiries, please contact:

Datamatix Group

Tel:

NSF GM to Present at Dubai International Food Safety Conference During GULFOOD 2009

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Dubai, United Arab Emirates (Vocus) February 11, 2009

WHAT: Chris Dunn, General Manager of Beverage Quality for NSF International and 30-year veteran of the beverage industry, will discuss best practices for the beverage industry at the Dubai International Food Safety Conference. The GULFOOD 2009 conference is organized by the Dubai Government and supported by the International Association for Food Protection (IAFP). Dunn will focus on certification and auditing solutions that offer product differentiation and brand protection in the global marketplace. GULFOOD is one of the world’s top exhibitions for the food, drink, foodservice and hospitality industry.

WHEN: 26 February 2009, Technical Session 3, 8:30 a.m to 10:30 a.m.

WHERE: GULFOOD 2009, Dubai International Convention and Exhibition Centre, Dubai

WHO SHOULD ATTEND: Manufacturers of bottled water and beverages, bottlers, beverage producers, importers, retailers and wholesalers are encouraged to attend.

For more information about the presentation, please contact Cristin Kerwin at 734.827.5627 or email at ckerwin (at) nsf (dot) org.

BACKGROUND ON SPEAKER:

Christopher Dunn is the General Manager of the Beverage Quality Program for NSF International, a public health and safety organization based in Ann Arbor, Michigan. The NSF Beverage Quality Program offers testing, auditing and certification of beverages, including bottled water, natural mineral waters, flavored and functional beverages, and packaged ice. Before joining NSF, Dunn served as President of his own company, DunnWorks, LLC, a consulting firm that provides assistance in business development and market strategy to the water, beverage and consumer package goods industries. While developing his company, Dunn also served as Senior Vice President of BIOTA Brands of America, Inc., a bottled water company that developed the world’s first environmentally-friendly bottle made from sustainable Polylactic Acid (PLA) plastic resin. His most recent initiative involved leading the planning and development of a new beverage company, Aquasis LifeH2O Bottled Water, a non-profit charity devoted to raising funds for World Vision to address the Global Water Crisis.

Dunn’s previous work experience includes serving as Vice President of Business Development, Corporate Planning and Marketing for DS Waters LP, a producer and distributor of home, office and retail bottled water products. He also worked at Coca-Cola for nineteen years where he held numerous marketing positions, which included directing efforts in business development, strategic planning, franchise development, fountain, vending and sales execution. He holds an MBA from the Goizueta Business School at Emory University in Atlanta, Georgia, and a bachelor’s degree in communications from the University of Denver. Since 1999, he has been involved with the International Bottled Water Association, serving as co-Chair of the Communication Committee and Chair of the Bottled Water Matters Task Force, which directs issue management. For the past several years, he has also worked with the International Packaged Ice Association.

For additional information on GULFOOD 2009, visit http://www.gulfood.com.

About NSF International: NSF International, an independent, not-for-profit organization, helps protect you by certifying products and writing standards for food, water and consumer goods (http://www.nsf.org). Founded in 1944, NSF is committed to protecting public health and safety worldwide. NSF is a World Health Organization Collaborating Centre for Food and Water Safety and Indoor Environment. Additional services include safety audits for the food and water industries, management systems registrations delivered through NSF International Strategic Registrations, organic certification provided by Quality Assurance International and education through the NSF Center for Public Health Education.

CONTACT: Greta Houlahan

Phone: 734-913-5723

Email: houlahan (at) nsf (dot) org

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QualityStocks News – Five-Star Hotel in Dubai Selects Telkonet Technology to Reduce Energy Waste while Maintaining Luxury Services

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Scottsdale, Arizona (PRWEB) April 18, 2012

QualityStocks would like to highlight Telkonet Inc., a publicly traded energy management technology provider. The company offers hardware, software, and services to commercial customers worldwide. The EcoSmart suite of products, along with the EcoCentral management platform, can reduce energy consumption, HVAC runtime and utility costs in most building environments. Telkonet’s energy management products have the power to minimize carbon footprints and help eliminate the need for the construction of new power plants.

In the companys news yesterday,

Telkonet announced that the Kempinski Hotel Mall of the Emirates in Dubai has chosen to utilize Telkonets cloud-based EcoSmart energy management platform for its 17-story, 506,000-square-foot five-star hotel.

The Kempinski Hotel Mall is attached to one of the biggest shopping malls in the world, as well as to the United Arab Emirates (UAE) first indoor ski slope.

The Kempinski Hotel Mall selected the EcoSmart energy management technology as a means to reduce energy usage while maintaining maximum guest comfort standards. The decision reflects the hotels current strategy to implement green initiatives.

Kempinski Hotel Mall of the Emirates has been implementing a rigorous environmental strategy since 2008 with a view to becoming Dubais leading light in environmentally sound hotel operations. We have won a number of awards that reinforce our stance on greener methods and systems. Deployment of the EcoSmart system is another step in our efforts to marry luxury with eco-friendliness within our operations, and we look forward to the completion of the implementation phase, Alejandro Bernabe, the hotels general manager stated in the press release.

Jayakumar Pillai, director of technical services at Kempinski Hotel Mall, said that before making its choice, the hotel evaluated several energy management solutions that would reduce waste energy without compromising guest experience.

We found that the Recovery Time technology employed in the EcoSmart system with its automated dynamic setback added to ease of installation in a retrofit scenario, the savings it can bring to engineering costs, and many other great features more than exceeded our initial requirements, Pillai stated.

Telkonet will operate through its Middle East-based partner and energy management solution provider Varis Energy, which will deliver the energy management solution.

As a new channel partner, we have a great working relationship with Varis Energy and are delighted with their abilities and to support them with this great win. We look forward to many more in their region, said Jason Tienor, CEO of Telkonet.

About QualityStocks

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company’s actual results to differ materially from those indicated in any forward-looking statements.





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Smartline Global Holds Summer Course 2011 in Dubai

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Dubai (PRWEB) July 21, 2011

Again delivering the high quality investor education content that, for the last 11 years, has made it famous, Smartline Investment Training Institute conducted its advanced level Technical Analysis course on May 19 through 29, 2011 at Dubais plush Burj Al Arab Hotel. Financial guru and Smartline CEO, Kyprianos Kyprianou, offered global traders insights on stocks, commodities, currencies as well as larger issues of money management.

In search of guidance on how to trade systematically and avoid losses, the audience of global traders who attended Mr. Kyprianous summer course on Technical Analysis, were clearly energized by each presentation. Mr. Kyprianous own experiences as a beginning trader resonated personally with the attendees, his seminar offering more than just the key to successfully buying and selling financial instruments, but a motivational life story.

Empowered by the breadth of systematic knowledge that the course included, attendees expressed a belief that they would trade with greater confidence and an array of new technical skills.

This years summer course was proof that this exceptional investor training program is rapidly expanding from Europe, across Asia, to the Middle East. Smartlines technical analysis training classes once primarily held in Limassol in Cyprus, its new headquarters in Dubai represents a strategic entrance into an increasingly sophisticated investment market. Indeed, many of this years participants were from some of the major banks and financial institutions in the region.

Representing three different trading fields: commodities, foreign exchange and international stocks, an elite segment of students graduated from the course. The top traders of the financial services industry, these graduates now qualify to take the IFTA exams and become certified Technical Analysts. As statistics show that those who attend Mr. Kyprianous seminars perform higher on international financial exams than those who dont, its obvious why attendance at his training events continues to rise.

Mr. Kyprianou commented that this years summer course was effective because all the participants were experienced traders who appreciated the opportunity to explore challenging aspects of real-time trading, such as entry and exit points. At a post-seminar interview, Mr. Kyprianou explained that teaching advanced level students is one of his passions. Unlike other trainers, Mr. Kyprianou is known for being accessible and curious about the professional lives of attendees. He mingled with traders, continuing to share his unique perspective and trading techniques with them during lunch breaks. Valuable best practice ideas were imparted in casual one-on-one exchanges.

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