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| MONTHLY NEWSLETTER |
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 MAY 2009 |
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SPONSORED BANNER
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EVENT NEWS: PROMINENT SHOPPING CENTRE INDUSTRY EXPERTS TO PROVIDE RETAIL REAL ESTATE INDUSTRY PROFESSIONALS WITH POWERFUL TOOLS AT MUCH SOUGHT-AFTER INTENSIVE TRAINING PROGRAM: Due to its continuing success in the region, the ICSC/MECSC International School for Professional Development returns to Dubai from June 7-11, 2009 at Kempinski Hotel Mall of the Emirates. |
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SHOPPING CENTRE NEWS: Shape of things to come at City of Arabia: With round-the-clock construction work entering a new phase, the Ilyas and Mustafa Galadari Group, owners of City of Arabia, commissioned a new series of renderings that put the project and its four main elements into perspective. |
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SHOPPING CENTRE NEWS: Al Qasba undergoes various refurbishment projects in preparation for a busy summer: Al Qasba Development Authority has announced that it is currently undergoing a series of improvement and refurbishment projects that are intended to enhance the destination, facilities and experience for all of its visitors that are expected to rise as the summer season approaches. |
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SHOPPING CENTRE NEWS: Jumeirah agrees Al Ain deal: Jumeirah has signed a management agreement with Abu Dhabi's Al Farida Investments to manage the Jumeirah Al Ain, a new 5 star luxury hotel located in the heart of Al Ain city. Scheduled to open in 2011, Jumeirah Al Ain will be part of the Al Ain Mall, a distinctive landmark currently under re-development. |
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SHOPPING CENTRE NEWS: Mohammad orders mosques in malls: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has instructed the setting up of mosques and health clinics in shopping centres to allow shoppers perform prayers. |
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SHOPPING CENTRE NEWS: Majid Al Futtaim unveils asset management unit: The Majid Al Futtaim Group is offering financial management services to institutional and professional investors with the launch of Majid Al Futtaim Asset Management. |
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SHOPPING CENTRE NEWS: Dubai's new luxury destination, the Fashion Avenue opens at The Dubai Mall: Adding colour, verve and haute couture appeal to its ongoing shopping and entertainment festival, The Dubai Mall has opened its dedicated Fashion Avenue, a 440,000 square foot area dedicated to high-fashion. Fashion Avenue will be a centrepoint of activities during the Festival @ The Dubai Mall, currently being organised until 29 May 2009. |
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RETAIL NEWS: Emaar Properties to create 1,600 jobs: Emaar Properties has confirmed it is creating 1,600 new jobs in its shopping malls & retail and hospitality & leisure businesses. With the new additions it will eventually have nearly 4,000 employees on its payroll in Dubai. |
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RETAIL NEWS: Giordano recognised as Best Service Performance Brand for excellence in customer care: Having been recognized for its high standards of service, Giordano Fashions LLC was awarded Best Service Performance Brand by the Department of Economic Development in Dubai, as part of the Dubai Service Excellence Scheme. |
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RETAIL NEWS: 360 MALL Sets High Standards for Sumptuous Dining in Kuwait: 360 MALL announced today another significant milestone in its development by introducing for the first time in Kuwait renowned South African and Lebanese reataraunts, The Meat Company and Zahr El Laimoun to its unique offer. This new development will provide an opportunity for shoppers to indulge in their gastronomic flavors while enjoying the architectural beauty that embraces the mall. |
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RETAIL NEWS: UAE retailers expand into Oman: Medium-sized supermarkets are vying to replace fast disappearing small convenience stores (groceries) in Muscat. After Lu Lu, Safeer and KM Trading, Al Maya Group has started making inroads into the Omani market by opening two supermarkets in the capital. |
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RETAIL NEWS: Morad Yousuf Behbehani Group Adds Sparkle to 360 MALL: Tamdeen Shopping Centers announced today the addition of renowned Morad Yousuf Behbehani Group as the latest in a long line of desirable luxury icons to grace its newest innovative flagship project, 360 MALL. Behbehani Group will offer a wide range of high end products that include Cartier, Korloff, Piaget, and Samsonite. |
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RETAIL NEWS: Smoothie King to open in Egypt with Amer Group: Smoothie King Franchises, an originator of the nutritional, fruit-based smoothie, has signed an agreement with the Amer Group to open at least 20 Smoothie King locations in Egypt and Turkey in the next few years. |
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RETAIL NEWS: Gulf's largest retailer sees sales rise in April, May: Alshaya, the Gulf's largest retailer by number of stores, has seen a single digit rise in sales during April and May, signalling that the worst may be over for retailers battered by the economic slowdown. |
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RETAIL NEWS: Ikea plans to expand into Oman, Qatar: Ikea, the Swedish furniture chain, is planning to expand into Oman and Qatar with a new store in each country, the company’s operations and project manager in Dubai said on Monday. |
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RETAIL NEWS: Equss Jewellery To Open Their First Dubai Boutique At Sunset Mall: Sunset Mall’s unique location will give the Australian fashion jewellery brand access to the affluent Jumeirah neighbourhood. |
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MEMBERS ON THE MOVE:: Keep track of the latest changes in the industry! |
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| INDIA |
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Anupam Tripasuri, Associate Vice President Malls, Kalpataru Retail Ventures Private Limited
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| LEBANON |
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Rami Jarrar, Marketing & Sales, Horizon-Development
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| SAUDI ARABIA |
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Abdullah Bahmashain, Customer Service Manager, Project Management & Dev. Co.
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Hussam Ghazzawi, Vice Chairman, Saudi Investment Group & Marketing Co. Ltd.
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Mohamed Al Shatry, Real Estate Co-ordinator, Majid Alfuttaim Fashion LLC.
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Mohammed Al Fatta, General Manager - Marketing, Sales & Leasing, Project Management & Dev. Co.
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Radwan Lotfi, Director of Marketing & Leasing, Project Management & Dev. Co.
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| UNITED ARAB EMIRATES |
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Kim Absolom, Retail & Commercial Leasing, Al Futtaim Group Real Estate LLC
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Marwan Al Sarkal, Chief Executive Officer, Al Qasba Development Authority
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Philip Mark Evans, Director - Leasing, Dubai Festival City
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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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