Monday, October 20, 2014
International Property Show (IPS) 2015 to target Saudi visitors, second biggest investors in Dubai’s real estate sector
International Property Show (IPS) 2015 to target Saudi visitors, second biggest investors in Dubai’s real estate sector
Saudi investors made 1,121 transactions worth AED 3.3 billion in Dubai’s realestate in first half of 2014
Al Riyadh, Saudi Arabia, 19 October 2014: Organisers of the International Property Show (IPS) 2015, which will be held from March 30 to April 1, 2015, are strongly targeting Saudi investors and end-users, encouraged by the fact that Saudi investors made 1,121 transactions worth AED3.3billion in Dubai’s real estate in the first half of 2014, out of the total AED19 billion invested by the Gulf investors, according to figures released by Dubai Land Department (DLD).
IPS organisers added that the next edition will attract 300 exhibitors showcasing high end projects that are in high demandfrom Saudi investors and end users.
“We have succeeded in making IPS a platform for end users to enjoy doable and hot deals by providing a friendly environment for all. Saudi investors are the driving force in the UAE real estate sector and we are reaching out to them in a special way, as they have been major visitorsto IPS since its launch,” says Dawood Al Shezawi, CEO, Strategic Marketing & Exhibitions, organizers of IPS 2015.
IPS 2015 is expected to attract 10 international pavilions from amongst others UK, USA, Canada, Australia, Turkey, Spain, Cyprus as well many local and regional developments, due to its growing reputation as the ideal destination for all sorts of buyers in the region.
IPS brings together developers, real estate brokers, private and institutional investors, major local and international real estate companies, providing a unique opportunity to clinch lucrative business and investment deals.
Around 20,000 visitors are expected to attend the next edition at the Dubai International Convention and Exhibition Centre.
“We are in talks with all exhibitors to offer noticeable discounts on units, especially for the end user segment. We have managed to establish a one of a kind platform for traders and individuals alike. We believe that the robust consumer can sustain vitality in the real estate sector and will encourage more investments in the long run,” said Al Shezawi.
IPS has emerged as a destination for elite investors and end users in the growing construction industry in the UAE and the region at large. The next edition of the show will coincide with the Annual Investment Meeting (AIM) 2015, the leading investment event to be attended by more than 15,000 participants from 140 countries.
Al Shezawi concluded: “We are ready for an extraordinary show from the 30th of March to 1st April 2015. We have received encouraging feedback that points to a great show. The UAE real estate market is attracting international companies and service providers that are keen to expand presence in the region. We regard the Saudi customers and investors as driving force of the UAE real estate market.”
Sunday, October 19, 2014
Saturday, October 18, 2014
Friday, October 17, 2014
Thursday, October 16, 2014
GCC infrastructure contract awards forecast to top
$45 billion in 2014
New Ventures report shows spending will double this year
Dubai, United Arab Emirates –15 October 2014 –A new report forecasts that a more than USD45 billion of infrastructure contracts will be awarded to by the end of 2014 - double the USD22.6 billion awarded in 2012.
The report “GCC infrastructure Market 2014” gives a snapshot of the billions of dollars being spent across the region with a focus on five areas: rail, roads, airports, ports and free trade zones.
The report also calculates that USD97 billion of rail contracts are already underway as all six countries work towards the planned 2,117km GCC-wide rail network by 2018.
The Ventures report says almost USD300 billion will be spent on airports in the Middle East over the next five years with passenger numbers in the GCC expected to reach almost 4 billion by 2017. And every GCC country is involved in expanding its seaports with an estimatedUSD25 billion of ports expansion and investment planned.
Qatar has invested USD8.2 billion on a state-of-the-art industrial port, Doha’s New Port Project, which is set to be completed ten years ahead of schedule in 2020.
Alongside its analysis of the current infrastructure market, the report prepared by Ventures Middle East in association with The Big 5 construction exhibition taking place in Dubai in November, gives guidance on licensing and registering your product or service in the region.
A vital part of a country’s infrastructure development is free trade zones and all countries in the GCC except Saudi Arabia offer them, though the UAE has the vast majority with 20.
The report says: “Free Trade Zones, or Special Economic Zones, are designated areas where governments allow businesses to set up. The UAE has the highest number of Free Zones in the GCC at 38, 20 of which are in the Emirate of Dubai.”
The report explains how they benefit foreign companies and suppliers and offers a checklist for any company looking to do business in the lucrative infrastructure sector.
Adil Al Zarooni, senior vice president of sales Jebel Ali Free Zone (JAFZA) and Economic Zone will be one of the keynote speakers at the How to Trade Seminar.
He will offer an insight into the way free zones operate across the GCC. He says: “I will be speaking about the types of businesses and industries that will be attracted and I will highlight some of the success stories from Jafza.”
The Big 5 runs from 17 – 20 November at the Dubai World Trade Centre and is open from 11:00am to 7:00pm daily.
About The Big 5
Launched in 1979, The Big 5 International Building and Construction Show is the Middle East’s largest construction exhibition.
With the 35th edition running from 17 - 20 November, 2014 at the Dubai World Trade Centre, The Big 5 in the UAE hosts more than 2,700 international exhibitors from nearly 60 countries, and welcomes more than 74,000 participants from 124 countries. The Big 5 also recently expanded to deliver three dedicated shows in Saudi Arabia, Kuwait and India. For more information visit www.thebig5.ae
The Big 5 and co-located events PMV Live and Middle East Concrete offer a 360 degree platform to the building and construction industry, as the largest international building construction, concrete and heavy machinery gathering place in the region. The three shows provide unparalleled access to industry knowledge with 45 free to attend accredited seminars taking place, as well as key conferences and live demonstrations conducted on-site.
About PMV Live and Middle East Concrete
Co-located with The Big 5 International Building and Construction Show, niche construction events Middle East Concrete and PMV Live are the region’s most important meeting points for heavy construction machinery, plant equipment, commercial and construction vehicles, and concrete.
The pioneering shows bring together more than 355 exhibitors from over 32 countries with more than 20,000 international participants. For more information visit www.pmvlive.com and www.middleeastconcrete.com
About dmg events
An international exhibition and publishing company, dmg events produces market-leading B2B exhibitions and conferences across the Middle East, America, Europe and Asia.For more information visit www.dmgeventsme.com
Dubai real estate hotspots expand with ongoing robust growth, says International Property Show 2015
Newer areas to come under spotlight at the three-day show from March 30 to April 1, 2015
Dubai, UAE, 15 October 2014: Organisers of the International Property Show (IPS) 2015 say that property sector hotspotsin Dubai are expanding, as interest is extending to new areas that were not considered “hot” a few years ago.
While areas like Downtown Dubai, Business Bay, The Palm Jumeirah and Dubai Marinahave been the dominant players ofDubai real-estate sector, many unheralded areas are coming on the radarand they are expected to gain further prominenceat the three-day exhibition.
Dawood Al Shezawi, CEO, Strategic Marketing & Exhibitions, organizers of the exhibition which will be held from 30 March – 1 April 2015, expects the sector to sustain current growth because demand stilloutstrips supply, opening up newer investment options for investors.
IPS 2015is considered a one-of-kind specialised fair as it mainly target end-users who wish to do buy units on the spot. Al Shezawi said the show has been positioned aspowerfulretail platform targeting all types of potential buyers who can shop for properties with same ease and comfort as shopping for goods in a retail store.
Experts say that Dubai continues to hop a prominent position globallyas a top performer when it comes toReturn on Investment and rent yields,backed bystronglegislation.
Al Shezawi added: “Hot real-estate zones are mainly measured by the demand they generate from all sorts of buyers. IPS will host all major playersfrom the hot zones, in addition to many other ones who have agreed to customize their offering for our visitors at the end of first quarter of 2015.”
IPS coincides with the Annual Investment Meeting (AIM) and both events are guaranteed to attract hordes of trade visitors. This edition of IPS will witness participation of up to 300 exhibitors.
“The maturity and stability of the Dubai real-estate sector is certain to attract more buyers and investors. We anticipate numerous deals and transaction on the exhibition floor itself. IPS will alsoserve asa venue for cementing partnerships and launch of major new projects.”
“We would like to encourage even small budget buyers to visit the IPS at the Dubai International Convention and Exhibition Centre and benefit from the never-before investment options,some withattractive installment plans.”
Speaking about international exhibitors at the show, Al Shezawi said that driven by a maturing market, transparent legislations and a growing appetite for property investment, international presence will be the highest at this edition of IPS 2015.
“We invite investors, developers, financiers, architects and consultants in property investment, development and construction to visit IPS and keep abreast of the latest market trends as well as meet with decision makers from the real-estate industry,” concluded Al Shezawi
IPS is organised by Strategic Marketing & Exhibitions which is perceived as one of the leading exhibitions and conference organizers in the UAE. The company has grown within and contributed to the exhibition industry and have gained the reputation of being one of the leading experts in all aspects related to the exhibition industry.
Dubai Real Estate B2B Conference kicks off today
- Exciting two-day forum to help international investors in how to smoothly invest and be a part of Dubai's rapidly growing and thriving real estate landscape
- Participants to be given guided tour of UAE’s current development projects and meet face-to-face with project developers
October 15th, 2014
‘Dubai Real Estate B2B,’ a conference that aims to connect potential investors with theemirate’s industry leaders, kicks off today at the Ritz-Carlton Dubai Marina. The exciting two-day event, which will run until October 16, 2014, is expected to drive in increased attention and encourage the entry of more international investors into Dubai’s rapidly growing and thriving real estate landscape. Held under the theme, ‘All questions answered,’ the conference is positioned to become a strategic platform for potential investors in their move to make a smooth entry into the local real estate market.
‘Dubai Real Estate B2B’ will featurekey discussions and round tables focusing on important industry issues and topics. The first day of the event will cover topics like new rules and regulations in investing; Theimpact of World Expo 2020 on Dubai’s real estate market; Loans for non-residents in Dubai; Landlords in Dubai; Assessing the Dubai real estate market and Free Zones, Offshore and Local Dubai companies. Meanwhile, the second day of the conference will include topics on the Abu Dhabi real estate market; Buying properties off plan; Inheritance law for real estate investments and how to set up a business and be a resident of Dubai.
Speakers invited to share their insights and expertise include Engr. Duaa Issam Dablan MSC, Senior Deputy Director, Real Estate Investment Management & Promotion Center, Dubai Land Department; Dereck Alexander Jon Hoogenkamp, Sales & Marketing Director, Al Barari(Gold Sponsor); Jurgen Herre, Managing Partner, Soliton Holding (Platinum Sponsor); AinsleyDuncombe, International Sales Director, propertyfinder.ae (Silver Sponsor); AymanAbuhabsa, Head of Private Banking, and PawanDhawan, Vice President – Mortgages, Mashreq Bank; Jason Gibb, Business Development, WEST GATE Real Estate; Dr. Theodor Strohal, Senior Partner, Strohal Legal Group; Gurjit Singh, Chief Development Officer, Al Dar in Abu Dhabi; Andrew Thomson, Senior Associate, Clyde& Co; Anthony Walker, Managing Director, Horlborn Assets; Sunil Jaiswal, Founder of REAP institute and Stuart Curtis, Managing Partner, The Synergy Group.
“Dubai’s real estate market is continuing to grow by leaps and bounds—constantly unscathed by global economic gridlocks and crises. In fact, the emirate’s recent win to host the coming World Expo 2020 has further fortified its position as a premier investment and tourism destination—which in turn has attracted more international investors to explore potential opportunities, particularly in the real estate segment,” said Julia Zajak, General Manager, Real Events. “Dubai Real Estate B2B aims to give these investors the essential information needed to enter Dubai’s real estate market. The overwhelming response that we have received so far for this event has already prompted us to start on planning for the second edition of this conference, where we aim to solidify the ties between these investors and concerned government agencies and private real estate firms.
According to a recent whitepaper released by the Real Estate Investment Management & Promotion Center, which is an initiative and newly-established division of the Dubai Land Department, the emirate has firmly positioned itself as a place where almost anything is possible—raising the benchmarks even higher in terms of constructing projects that are truly world-class in nature combined with the offer of a luxurious lifestyle. To date, Dubai was able to attract more than 7.9 million tourists during the first three quarters of 2013 with the hopes of driving in more than 20 million more by 2020, when it hosts the World Expo on that year. Some of the key drivers that are attracting people to Dubai include its booming economy and political stability; no income tax, capital gains or levied property tax; status as one of the world’s safest cities and the presence of excellent world class infrastructure, to name a few.
“We are proud to be participating in the pioneering edition of Dubai Real Estate B2B. The intentions for holding this event are truly commendable as it aims to act as a portal that can answer all questions about investing in the emirate,” saidMajida Ali Rashid, Assistant Director General and Head of Investment Management and Promotion Center, the investment arm of Dubai Land Department. “This event will allow us the opportunity to talk about the advantages and benefits to be gained from investing in Dubai—being one of the world’s safest and most secure areas, the affordable cost of living, its move to become a Smart City and the solid legislation system that protects investors.”
During the event, Al Barari, the conference’s Gold Sponsor, will be hosting networking opportunities and an exhibition visit for participants. Dereck Hoogenkamp, Sales & Marketing Director, Al Barari, explains: “Luxury developments such as those at Al Barari are reflective of the positive upturn in the local market; sales show that exclusive properties are still in demand. Unique design and high-quality finishes are the main attractions for ultra-high-net-worth individuals. We are pleased to be part of the first edition of Dubai Real Estate B2B. Our participation in the event will give us the opportunity to meet professionals and investors from abroad.”
Dubai Real Estate B2B Conference is hosting more than 250 participantsfrom Russia, United Kingdom, India, Kazakhstan, United States of America, Pakistan and Africa;and a thoughtfully planned out series of activities that aims to live up to its chief goal of providing foreign investors with the essential information and guidance on pursuing real estate opportunities in Dubai. One of the highlights of the event will be a guided tour on some of the emirate’s current development projects—complete with an opportunity to meet face-to-face with project developers, which will allow them to develop a comfortable feel of the area and the guarantee that all their questions will be answered.
The event is being attended by senior level government officials and features 15 presenters from the United Arab Emirates (UAE) and 30 exhibition stands from industry representatives like mortgage advisers, local banks officers, real estate developers, property consultants, real estate attorneys, tax specialists & auditors, private-equity fund manager and, management consultants.