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| MONTHLY NEWSLETTER |
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 MARCH 2008 |
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SPONSORED BANNER
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EVENT NEWS:2008 ICSC/MECSC INTERNATIONAL SCHOOL FOR PROFESSIONAL DEVELOPMENT TO BE HELD IN DUBAI: June 8 – 12, 2008 at the Kempinski Hotel, Mall of the Emirates, Dubai, UAE. |
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SHOPPING CENTRE NEWS:Damasquino Mall in Syria: Luxury malls are sprouting like desert wildflowers in Saudi Arabia and the United Arab Emirates. Retail developments are springing up like oases in Bahrain, Kuwait, Oman and Qatar. In fact, nearly every oil-rich Middle East country is virtually awash in Armani. |
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SHOPPING CENTRE NEWS:Addressing factory outlet culture: As a testament to what is possibly the fasting growing, global retail real estate phenomenon in recent years. |
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SHOPPING CENTRE NEWS:Emaar Syria: Lending impetus to the country’s growth: The Emaar Properties shopping center is part of a huge project called The Eighth Gate, in the Yafour area, some 15 minutes from downtown, and is being designed along the same lines as the company’s Dubai projects. In December Majid Al Futtaim Group, one of Dubai’s biggest developers, announced that it would invest over $2 billion to build a mixed-use project in the Sabboura neighborhood, just outside Damascus. This would contain 200,000 square feet of retail. Part of the plan is to create an attraction alongside the Beirut-Damascus Highway. “Syria has great potential,” said Ahmed Bin Brek, the company’s group vice president of corporate development. “We intend to be part of the future success of Syria.” |
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RETAIL NEWS:Tag Heuer eyes UAE expansion: Swiss luxury watchmaker Tag Heuer, known for its mid-high range sports watches and chronographs, is planning to open a second boutique in Dubai soon to increase its presence in the UAE market. |
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RETAIL NEWS:Bloomingdale's in Dubai talks: Famous US department store Bloomingdale's could open in Dubai before the end of the year, becoming the latest high-end retailer to set up shop in the emirate. |
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RETAIL NEWS:Member of Mohammed Bin Rashid Est. for Young Business Leaders Opens Arab World's First River Woods Franchise in Dubai: Hashim Mustafawi, a member of the Mohammed bin Rashid Establishment for Young Business LeadersMohammed bin Rashid Establishment for Young Business Leaders, became the first franchisee in the Arab world for Belgium-based River Woods, a leading international casual sportswear brand. |
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RETAIL NEWS:Mall of the Emirates wins 'Brand of the Year' award from Superbrands: At a glittering tribute event held at the Intercontinental Dubai Festival City to honour the UAE's strongest brands, Superbrands awarded the coveted 'Brand of the Year' title to Mall of the Emirates (MoE) and conferred Superbrands status on sixty-eight leading brands in the UAE. |
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RETAIL NEWS:Emke will spend 70m riyals to expand LuLu in Oman: UAE-based Emke GroupEmke
will invest a further 70 million riyals as it embarks on an ambitious plan to expand LuLu supermarket chain in Oman. |
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RETAIL NEWS:Hotbrands International opens first two outlets in Saudi under joint venture with Al Sawani Group: Dubai’s Hotbrands International (HBI), a leading food services company in the Middle East, has opened its first two QSR (Quick Service Restaurant) outlets in Saudi Arabia under a joint venture with top Saudi retailer, Al Sawani Group. |
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RETAIL NEWS: Awards |
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SPECIAL MEMBER OFFERS: MECSC are pleased to offer its members a special rate to stay at Shangri-La Hotel. Please present your membership ID card upon booking to enable you to avail of these attractive rates. |
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MEMBER NEWS: MEMBERS ON MOVE |
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| BAHRAIN |
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Fadhel Al Arrayed, Chairman, Remza Investment Company
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Sadiq Salman Abu Drees, Retail Leasing Agent, Tashgeel
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| EGYPT |
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Eman Salah El Din, Executive Assistant Leasing Dept., Golden Pyramids Plaza S.A.E - Citystars
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Karim Fathy, Retail Leasing Coordinator, Golden Pyramids Plaza S.A.E - Citystars
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Nader Kallini, Managing Director, Bonyan for Development & Trade
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| INDIA |
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Maral Yazarloo, Marketing- Retail, Panchshil Realty
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Sanjeev Narula, Managing Director, Lilliput Kidswear Ltd.
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| JORDAN |
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Dana El Farra, Product Leader - Mktg & Corp Comm., Saraya Development Group
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| KUWAIT |
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Abdul Hakim Al Shaya, Deputy GM for HR - Admin & RE, United Entertainment & Tourism Co.
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Jamal F. Hafez, General Manager & CEO, International Projects Consultancy Co. (IPC)
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| LEBANON |
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Hazem Farra, Managing Director, Capital Guidance
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| QATAR |
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Guy Wilkinson, Partner and General Manager, Viability Management Consultants
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Haitham Barraj, Assistant General Manager - Lagoona Mall, Modern Home
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Majd Machfej, Deputy Center Manager, ECE - City Center Doha
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| SAUDI ARABIA |
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Hussam Al Dawood, Mall Manager, Rashed Al Rashed & Sons Group
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Oguz Stackpole, Marketing Manager, Arabian Centres
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Saeed Al Beshry, Customers Relation Manager, Al Muttahed Real Estate Investment & Dev. Co.
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Salah Al Nasser, Mall Manager - Le Mall, INMAIA Investment, Real Estate & Dev. Co
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| TURKEY |
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Ahmed Hashem, General Manager, Sultan Gida San Ve. Turizm A.S.
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| UNITED ARAB EMIRATES |
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Haitham Elmoheen BSc. Arch. MSc, Associate, Burrows Cave International
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Naveen Menon, Asst.Mall Manager- Khalidiyah Mall, Line Investments & Property LLC
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Nigel Caddick, Managing Director, Retail Concepts LLC
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Nikhil D'Souza, Leasing Trainee, Nikhil D'Souza & Associates
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Rajeev Babu, Asst. Manager - Retail, Union Properties PJSC
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| UNITED KINGDOM |
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John Burrows, Barch RIBA, Director, Burrows Cave International
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Paul Ogunyemi, Director, Brookview International
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Trevor Vivian, Director, Benoy
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| UNITED STATES |
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Li-Shen Kline, CEO, LSK & Associates
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Zaid Midani, Investment Associate, Madison Marquette
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DISCLAIMER: The views expressed in this document are those of the contributor(s) and no liability can be accepted for any omissions, errors of fact or opinion.
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