Latest news with #AlHilalPublishingandMarketingGroup
Zawya
16-07-2025
- Business
- Zawya
Object 1 launches sustainable urban living project in Dubai
As Dubai Land Residence Complex (DLRC) continues to establish itself as one of the city's fastest-growing residential hubs, Object 1 has announced the launch of Verdania - a multi-phase, sustainability-focused residential development comprising 316 units in the heart of this high-potential district. Inspired by the word verde, meaning green, Verdania reflects Object 1's commitment to building communities that go beyond function to build connection, vitality, and holistic well-being. The project's design is rooted in sustainability, offering a living environment that nurtures the body, mind, and soul, said the developer. Verdania 1 offers 208 units, and Verdania 2 adds another 108 units, with both phases featuring a variety of resort-style amenities. Its residents will get to enjoy a swimming pool, kids' pool, gym, sauna, clubhouse, and children's play areas. Verdania 1 also provides a yoga and meditation zone, CrossFit area, cinema, outdoor showers, and open-air lounges. Meanwhile, Verdania 2 features a dedicated BBQ space for relaxed outdoor gatherings, said the developer. The launch coincides with major infrastructure upgrades in the area, including the upcoming Dubai Metro Blue Line, which will significantly improve connectivity for DLRC residents, it added. Object 1 said the project's construction will fully comply with the Dubai Green Building Regulations and Specifications, which set mandatory standards for insulation and energy efficiency through regulated R-values for walls, roofs, and glazing systems. These measures align with the UAE Net Zero by 2050 strategic initiative and reflect the growing national emphasis on reducing emissions, enhancing liveability, and building climate-resilient infrastructure, it stated. Speaking at the project launch, CEO Tatiana Tonu said: "The number of transactions in Dubai Land Residence Complex has grown nearly sixfold over three years. This growth signals rising buyer confidence and sustained market momentum." "The launch of Verdania directly addresses this demand within the rapidly evolving Dubailand master district. The project is designed to promote sustainable urban living while contributing to the goals of the Dubai 2040 Urban Master Plan for inclusive growth and enhanced liveability," stated Tonu. Set for completion in Q3 2027, Verdania reinforces Object 1's growing presence in Dubai's residential sector and aligns with the UAE's national vision for sustainable development. By integrating eco-conscious design, green construction practices, and a wellness-first approach, the project aims to contribute to a future where urban living and community well-being go hand in hand, she added.-TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
16-07-2025
- Business
- Zawya
Bahrain close to deporting 10,000 illegal expatriates
Bahrain is close to deporting 10,000 illegal expatriates as part of its intensive inspection visits and joint campaigns carried out across the country since last year. The latest statistics released by the Labour Market Regulatory Authority (LMRA) indicate an upward trajectory with an increase in the number of campaigns, detention and deportation in its ongoing crackdown on irregular workers. A total of 1,167 inspection visits and joint campaigns were conducted from June 29 to July 12, resulting in the detention of 19 violating and irregular workers, and deportation of 242 expats. The labour watchdog said, in a statement yesterday, that various shops across the four governorates were covered. Besides the 1,146 inspection visits, 21 joint campaigns were conducted – 10 in the Southern Governorate, seven in the Muharraq Governorate, three in the Northern Governorate and one in the Capital Governorate. Overall since January last year, 82,941 inspection visits and 1,172 joint campaigns have been conducted, resulting in the identification of 3,245 violations and the deportation of 9,873 irregular workers. People are being urged to report illegal labour practices and violations via the website by calling 17506055 or via the government's suggestions and complaints system, Tawasul. In recent years, Bahrain has enforced tough new regulations to prevent the misuse of tourist visas and to ensure those seeking employment arrive with proper work permits issued by their employers. These measures also aim to provide job opportunities for Bahrainis and reduce unemployment by supporting citizens as the first choice for employers. LMRA chief executive Nibras Talib earlier told MPs that the introduction of the new rules has had a huge impact, with the incidence of tourist or visit visas being converted into work permits dropping by more than 87 per cent. Under the new rules, a visit visa can no longer be converted into a work or dependent visa without a sponsor. However, visit visas with a sponsor can be transferred to a work or dependent visa for a revised fee of BD250, instead of the previous BD60, only if it is for the same sponsor. Bahrain's total population reached 1,588,670, according to last year's statistics. Bahrainis are 739,736 (46.6pc) while non-Bahrainis are 848,934 (53.4pc). Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
20-05-2025
- Business
- Zawya
ACWA Power inks $500mln deals with top US firms at key Saudi forum
Saudi-based Acwa Power, the world's largest private water desalination company, and a leader in energy transition and first mover into green hydrogen, has announced the signing of MoUs with US companies, totalling $500 million. Signed at the Saudi–US Investment Forum in Riyadh, these agreements build on Acwa Power's existing partnerships with American firms, which now exceed $6 billion. Building on a long history of collaboration between Saudi Arabia and the US, these agreements further strengthen the strategic partnership between the two nations, driving innovation and investment in the energy sector, and supporting Saudi Arabia's Vision 2030 and ambition to reach net zero emissions by 2060. "These strategic partnerships with leading American companies are a direct investment in the future of Saudi Arabia, aligning with the key objectives of Vision 2030,' said Raad Al Saady, the Vice Chairman and Managing Director of Acwa Power. "We are committed to leveraging American innovation and expertise to accelerate the development of renewable energy solutions, creating jobs, diversifying the economy, and supporting a sustainable future for the Kingdom," he stated. CEO Marco Arcelli pointed out that Acwa Power's strategy was driven by value-driven partnerships like these. "Access to cutting-edge technology and expertise is critical as we diversify our portfolio, expand into new markets, and achieve our objectives in meeting net zero by 2050," he stated. Strengthening its leading role in solar energy, Acwa Power will collaborate to deploy advanced tracker technologies for photovoltaic solar energy projects. This partnership aims to reduce energy costs and increase local production capabilities, he added.- TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
20-05-2025
- Business
- Zawya
Wizz Air celebrates 21 years with 21% off flights
Wizz Air is offering up to 21% off all flights on its network for its 21st birthday, available exclusively on May 19 and 20. 'Wizz Air's 21st birthday is a celebration of exciting growth, innovation, and our commitment to making travel accessible to all. From our base in Abu Dhabi, we've connected millions of passengers to hidden gems and major cities across the region and beyond, with unbeatable fares and a focus on high-quality service. As we look ahead, we remain dedicated to making travel affordable, supporting tourism in and out of the UAE capital and enabling more people to discover the world in smarter ways,' said Johan Eidhagen, Managing Director of Wizz Air Abu Dhabi. -TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
29-04-2025
- Business
- Zawya
Symbolic delivers maiden project ahead of schedule in Dubai
UAE - Symbolic Developments, a boutique and innovative real estate developer by the distinguished Speedex Group, has announced early completion and handover of its inaugural project, Symbolic Alpha in Dubai. Delivered in just 14 months — well ahead of schedule from June 2025 - this milestone emphasises the company's commitment to efficiency, innovation, and premium quality in real estate development, it said. The AED150 million ($40.84 million), Symbolic Alpha comprises 97 fully furnished, upscale apartments that blend modern living, sustainability, and comfort. Located in Liwan, Dubai and offering exclusively crafted 1 BHK and 2.5 BHK, the project has garnered overwhelming demand, attracting a diverse mix of UAE residents and international buyers, with a majority being families and end-users seeking high-quality, spacious homes. The development features Vaastu-compliant layouts, smart home technology, and premium finishes enhancing residents' lifestyles. "Completing our inaugural project, Symbolic Alpha, ahead of schedule marks a significant milestone for us. Transforming an idea into reality within just 14 months showcases our dedication to excellence, precise execution, and customer satisfaction. This achievement sets a strong foundation for future endeavors as we continue to develop high-quality residential spaces in Dubai's strategic locations, emphasizing sustainability, community living, and smart home features," said Murtaza Moiz, Vice Chairman of Symbolic Developments and Speedex Group. "Following the early completion and handover of our maiden project in Liwan, our second venture, Symbolic Aura, is already sold out, with construction underway and on track for an early handover, reinforcing our reputation as a trusted developer delivering premium residential experiences in sought-after locations," Moiz said. "Symbolic Alpha is more than just a real estate project—it marks the beginning of our journey to redefine premium sustainable living in Dubai. Every detail, from its architecture to its amenities, has been designed to enhance residents' lifestyles. The overwhelming response from buyers confirms that homeowners in Dubai seek thoughtfully designed, high-quality residences that offer both functionality and long-term value," said Karan Arora, Head of Sales and Marketing at Symbolic Developments. Symbolic Alpha offers a temperature-controlled swimming pool, state-of-the-art fitness centre, jogging track & yoga garden, EV charging stations, energy-efficient features for a sustainable lifestyle and many other features. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
