Renaissance Downtown Dubai Turns One

Almost a year ago Renaissance Downtown by Marriott International opened it’s doors in Business Bay. Located right at the Dubai Canal, backed by 4 celebrity chef restaurants and interiors so a la mode one has to experience it to know.

Upon arrival the lobby is spacious, refreshingly chic and minimalistic with some statement art installations that beautifully stand out – the wooden wave bench backed by a 3D skyline of Dubai wall art and a quirky ceiling chandelier to match. The Renaissance boasts of distinctive local interiors and design features that can be seen across – from public areas to rooms and restaurants. Some ‘DID YOU KNOW’ feels quite necessary here:

  • The hotel interiors are a depiction of Dubai’s growth – city of mere sand and water that created concrete and glass structures.
  • To use materials in their raw natural form was part of the design DNA such as the wood which is widely used in the hotel.
  • The statement lobby chandelier is hand blown and emulates the shape of sand dunes in the desert.
  • The black and gold colours seen in various parts of the hotel signify oil and gold of Dubai.

The rooms are gorgeous with options of the Burj view or the canal view, we went with the Burj view. All of them have an open plan concept giving the occupant an airy feel as the room naturally progresses to the bathroom, which is equipped with luxurious Amouage toiletries and has an entire wall of glass mosaics in the shower which is so beautiful. We were personally obsessed with the giant black screen/ mirror a part of which is also the television – super techy! The old fashion studio like lamp in the corner added a nice touch to the hotel’s DNA of modern decor. All rooms have either the camel or the flamingo metal sculptures above the beds inspired by Picasso’s line drawings.

Next of-course we went to the poolside which is an interesting half covered half open concept. Again you’ll see some quirky, modern yet minimalistic decor elements which I found genuinely refreshing. Not to forget, the canal views are the best from the pool side, perfect setting to immerse yourself in water and your jet lag in a cocktail. 

Next morning we had breakfast at BHAR which had a lovely international’s spread and of course we can’t get enough of the views. We sat at the massive outdoor terrace and something we hadn’t experienced at breakfast before was – Music! which honestly was the highlight! They played mellow acoustic versions of most commercial tracks and I can’t express how enjoyable that was. The restaurant is stunning and serves modern middle eastern cuisine the rest of the day. Now here’s a tick in every box for evening visitors:  Business Bay location – Canal views – Middle Eastern Cuisine – Beautiful spacious indoors and a gorgeous outdoor terrace – Full bar a & Shisha.

We’ve honestly always recieved more than expected at every Marriott property and this one surpassed every expectation. Can’t wait to go back. Info and links down here:

Occupancy: 298 rooms of which 65 are suites
Locations: Business Bay
Restaurants: Morimoto by Masaharu Morimoto( Japanese)
Bleu Blanc by David Myers (French)
Basta by David Myers (Italian)
Grounded Cafe

Book your room here: https://www.marriott.com/hotels/travel/dxbbb-renaissance-downtown-hotel-dubai/
Tel:  +971 4 512 5555

Food Review – Morimoto at The Renaissance Downtown Dubai

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The stunning Morimoto , which resides inside the Renaissance Downtown is celebrity chef Masaharu Morimoto’s first eponymous restaurant in the city. Flaunting its own entrance from the left of the lobby, Morimoto spans across the hotel’s 23rd and 24th floors donned with interiors so luxe making it a perfect fit in Renaissance and – in Dubai.  Upon entering, the hostesses greets you and you enter a beautiful space full of character – the glass-encased bonsai tree, sea creature like light fixture, tall windows giving you the best views of the downtown and in general a lovely ambience welcoming you. The restaurant also has a massive outdoor terrace with it’s own bar offering gorgeous views of the city making it perfect for the winter months. Indoor sits about 250 diners with options of choosing the 10 seater sushi counter where you can watch chef’s in action or if you wish to impress guests (or your date) pick the upstairs section that offers live teppanyaki, a chef’s table, yet another bar and on some days DJ music too.
And now on to the food, well known for fusion Japanese we started our meal with some classic salted Edamame (AED 30) , Spicy Tuna Tacos (AED 90) a nice blend of light flavours in crunchy tacos drizzled with a light squeeze of lime. Hamachi Tartare (AED 68) extremely well presented the hamachi ( young yellow tail buttery in texture) was served  with a variety of condiments each of which gave a different burst of flavours: nori paste, sour cream, sturgeon caviar and soy. Our appetisers were nicely paired with delicious cocktails inspired by our Chinese zodiac animals which our server Galym suggested we try.
Octopus carpaccio (AED 69) consisted of yuzu soy, mitsuba, hot oil. Again a lovely light appetiser with minimum but powerful flavours  –  A must order.
Chef’s combo of Sushi & Sashimi (AED 165) – Classic and fail proof.
For the mains we ordered a portion of Ishi yaki buri bop (AED 130) yellow tail on rice. This was a perfect main in so many ways – just the right portion size cause you’re sure to order plenty of appetisers. Amazing flavours, delicious fish with rice, mixed with carrots , spinach, an egg (for a creamy texture) all cooked in a stone pot at your table.
There’s no way we’d ever say no to desserts and our server suggested just the right one – S’more (AED 45) a concoction of dark brown sugar graham, salted milk chocolate mousse & toasted marshmallow, this cushion-like looking dessert was just what we needed to end the experience on a high. It was light, it was fluffy, had chocolate, had salt, had mousse, sugar graham that complimented all these soft textures – simply perfection! Be prepared to order a lot of items as most of them are deliciously light and its quite nice to be able to try many different dishes than full up on a few. We must add our server Galym Dosmambetov was incredible! He is extremely passionate about his food and job (do ask for him when you visit), he suggested some amazing dishes and got us the perfect drinks pairing. He’s really passionate and knowledgeable about wine and would definitely make an amazing wine connoisseur too.

Restaurant details, table booking and menus here: https://www.morimotodubai.com
T
el: 04 5125577 written by Chandan Mathrawala from fcubedubai.com

SWISS-BELHOTEL INTERNATIONAL CELEBRATES EASTER WITH ENTICING GLOBAL PROMOTION

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wiss-Belhotel International, the global hospitality management chain, is celebrating Easter with the launch of an enticing new global promotion that offers major discounts on springtime stays around the world.

This year, Easter Sunday falls on 21st April 2019. To mark this major annual festival, Swiss-Belhotel International’s “Easter Promotion” promises 25% off the Best Flexible Rate at its entire global collection, which now comprises more than 80 hotels, resorts and residences in 11 countries.

To take advantage of this generous offer, guests must book between 1st and 31st March 2019 for stays taken between 13th and 30th April 2019. All guests will also enjoy complimentary Wi-Fi throughout their stay!

“Easter is a wonderful time of year to come together with your family and celebrate the onset of spring. In the Northern Hemisphere, this season represents rejuvenation and rebirth, allowing guests to look forward to the year ahead with renewed positivity. We are delighted to enhance this air of optimism with our Easter Special promotion, and we look forward to welcoming all guests to Swiss-Belhotel International’s hotels this spring,” said Gavin M. Faull, Chairman and President of Swiss-Belhotel International.

Guests have a wide range of exciting Easter holiday destinations to choose from, including Bali, where Swiss-Belhotel International now operates nine exceptional properties in many of the island’s most popular resort areas. Those who prefer fast-paced city life can head to Jakarta or Manila, while culture seekers can explore the wonders of Yogyakarta, and relaxing retreats can be discovered in Bali.

Alternatively, guests can head “Down Under” to celebrate Easter in Australia or New Zealand, with a choice of impressive hotels in Sydney, Brisbane, Auckland and Queenstown.

Swiss-Belhotel International’s Easter Special is valid for guests who book direct via the company’s website or via selected online travel agencies (OTAs). Visit https://www.swiss-belhotel.com/en-gb/easter-special and start planning your Easter getaway!

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For further information and high-resolution photography, please contact:

Brayna Tolledo 

Group Communication and Loyalty Programme Manager

Swiss-Belhotel International, Group Sales and Marketing Office

Tel: (62 21) 2952 7277, 2952 7278

Fax: (62 21) 2952 7275, 2952 7276

Email: braynatolledo@swiss-belhotel.com

www.swiss-belhotel.com

For media contact:

Hina Bakht

Managing Director

EVOPS Marketing & PR

Mob: 00971 50 6975146

Tel: 00971 4 566 7355

Hina.bakht@evops-pr.com

www.evops-pr.com

Emirates and Dubai Future Foundation kick-start the sixth cycle of the Dubai Future Accelerators Programme

Emirates and Dubai Future Accelerators an initiative of Dubai Future Foundation have launched the sixth cohort of the Accelerators programme with an opening ceremony to welcome the seven participant teams at Emirates Towers. The opening event was attended by Adel Al Redha, Emirates’ Executive Vice President and Chief Operations Officer, Khalfan Belhoul, CEO, Dubai Future Foundation, along with senior representatives from both organisations.

The Dubai Future Accelerators programme brings together innovative tech start-ups from around the world to collaborate with government and corporate entities in Dubai to develop solutions around specific challenges outlined by the host entities.  For the first time in Dubai Future Accelerators programme, Emirates will have a dedicated cohort of seven teams working exclusively to address the challenges put forth by the airline.

Adel Al Redha, Emirates’ Executive Vice President and Chief Operations Officer said: “Emirates is delighted to welcome the participants of the sixth cohort of the Dubai Future Accelerators programme. We joined the Dubai Future Accelerators initiative in 2017 as it offered great opportunities to present some of our challenges to be solved by innovators from around the world, supporting our work to transform the customer journey into a better experience and support a more efficient day-to-day dynamic operation.

“We look forward to a fruitful nine weeks of working together and we hope that the interactions will result in a number of innovative proposals and deliverables in addressing the specific challenges we have outlined during the Dubai Future Accelerators,” he added. 

Khalfan Belhoul, CEO at Dubai Future Foundation said: “The Dubai Future Accelerators program aims to pair government and corporate entities with start-ups and companies to address key industry challenges as well as co-create the future for the advancement of humanity. Emirates’ participation in cohort six is a testament to our aim and efforts, and is seen as a step closer towards shaping a better future for Dubai. This participation also works towards strengthening the aviation industry and passenger experience through the adoption of innovative technologies.

The three challenges defined by Emirates are:

  • Using the latest technologies in blockchain, artificial intelligence, and machine learning, build a platform that will redefine business-to-business purchasing and procurement for the airline
  • Create an integrated platform to support a seamless pre-airport arrival experience for customers travelling on Emirates
  • Develop an online system that consolidates all the different processes and steps involved in a cabin crew duty travel

The seven shortlisted teams taking part in the programme originate from six different countries including two teams from the U.A.E. The shortlisted companies were selected from a pool of 245 applicant teams from 59 countries. During the programme, the teams will have multiple opportunities to engage with key personnel within the Emirates Group to gather insights and refine their proposals.

At the end of the nine week programme, the teams from the cohort will present their final proposals and Proof of Concepts to senior stakeholders from the Emirates Group. These proposals will be evaluated and select proposals may be considered for further development if they meet the business objectives set by the airline.

Siri Shortcuts boost health and fitness routines

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Snoww, Qardio, HomeCourt and Dexcom Now Feature Siri Shortcuts

Starting and maintaining health and fitness routines gets even easier as more apps offer Siri Shortcuts, joining the thousands that have integrated shortcuts since their introduction with iOS 12.Using powerful on-device intelligence, Siri Shortcuts help people get things done faster across iPhone, iPad, Apple Watch, HomePod, AirPods and CarPlay, allowing them to easily access and use their favorite apps with just a tap or by asking Siri.

Track Performance and Enhance Training

New Siri Shortcuts provide performance stats in real time and help make training easier. Skiers hitting the slopes this season can use Siri Shortcuts on the Snoww app to start a run (just say, “Hey Siri, let’s ski!”) and get information about the speed, elevation drops and distance traveled by simply raising their wrist to trigger Siri on Apple Watch (“Hey Siri, how was my run?”).In HomeCourt’s latest update, users can ask Siri to start a dribble workout on iPad or iPhone. And with the Nike Run Club app, runners can use Siri to start a run and get proactive suggestions based on running habits.

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The Snoww shortcut on Apple Watch.
The Snoww app now integrates Siri Shortcuts, so skiers can start a run by simply saying: “Hey Siri, let’s ski!”
The Nike Run Club app shortcut on iPhone.
Runners using the Nike Run Club app can now start a run or get proactive run suggestions with Siri Shortcuts.

Monitor Vitals

Third-party health devices are integrating Siri Shortcuts into their apps for easier data retrieval and control, whether at home or on the go.The QardioArm smart blood pressure monitor now lets users ask Siri to remotely check in on family members. For example, people who care for an aging parent can ask, “Hey Siri, what’s mom’s blood pressure?” and get that information wherever they are, right on their iPhone or Apple Watch.With the Dexcom Continuous Glucose Monitoring System, people with diabetes can better track and manage blood glucose levels by simply asking Siri, “What’s my glucose level?”

A blood glucose level reading on iPhone.
People with diabetes can better track and manage glucose levels using Siri Shortcuts with the Dexcom Continuous Glucose Monitoring System.

Build Healthy Habits

Whether watching your diet, getting enough sleep, breaking a bad habit or remembering to take medications and vitamins, Siri Shortcuts help keep track while on the go with any Apple device. With apps like Streaks, WaterMinder and Yazio, users can track daily habits and see how long they can keep them going by asking Siri to log almost any type of activity, such as hydration, exercise, flossing, sugar and caffeine intake, even walking the dog.With AutoSleep, Siri Shortcuts track sleep quality with Apple Watch or iPhone, providing information when asked about hours slept, quality of sleep, deep sleep, updates on reaching a sleep goal, latest bedtime and more.

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Apple Watch displaying “take vitamins” reminder.
Siri Shortcuts help users track daily habits on the Streaks app by asking Siri to log activities from hydration and exercise to taking vitamins and walking the dog.
iPhone showing Siri Shortcut AutoSleep screen.
Users can ask Siri to track sleep duration and quality using shortcuts with the AutoSleep app.

Personalize Routines With the Shortcuts App

For those who want to go further in customizing a full fitness routine using Siri, the Shortcuts app allows users to build their own multi-step shortcuts that include actions from multiple apps to create powerful automations. For example, users can create a shortcut telling Siri, “Heading to the gym.” Upon arrival, start the workout with an app like Nike Run Club, cue a workout playlist and enable Do Not Disturb until leaving the gym. A how-to for using the Shortcuts app can be found at support.apple.com/guide/shortcuts.Based on how customers use their devices, Siri will suggest simple, useful shortcuts right when needed on the Lock screen or in Search. Additionally, users can look for the “Add to Siri” button in the apps they use, or go to Settings > Siri & Search > All Shortcuts to see which apps offer shortcuts and to set a personal phrase to run them with.

A Gym Time multi-step shortcut screen on iPhone.
Users can build customized multi-step shortcuts across multiple apps to create powerful automations.

Huawei Sues the U.S. Government for Unconstitutional Sales Restrictions Imposed by Congress

oday, Huawei announced that it has filed a complaint in a U.S. federal court that challenges the constitutionality of Section 889 of the 2019 National Defense Authorization Act (NDAA). Through this action, Huawei seeks a declaratory judgment that the restrictions targeting Huawei are unconstitutional, and a permanent injunction against these restrictions.

Guo Ping,Rotating Chairman of Huawei(left five); Dr.Song Liuping,Senior Vice President and the Chief Legal Officer for Huawei(left four); John Suffolk, Senior Vice President and Global Cyber Security & Privacy Officer(GSPO) for Huawei(left three); Glen D. Nager, Partner at Jones Day, Lead Counsel of this action(right two); Dr.Yang Chaobin, President of Huawei’s 5G Product Line(right one); Li Dafeng, Executive Member of the Supervisory Board, Director of the ICT Infrastructure Managing Board Office(left one).

Click here to Watch full video

“The U.S. Congress has repeatedly failed to produce any evidence to support its restrictions on Huawei products. We are compelled to take this legal action as a proper and last resort,” Guo Ping, Huawei Rotating Chairman said. “This ban not only is unlawful, but also restricts Huawei from engaging in fair competition, ultimately harming U.S. consumers. We look forward to the court’s verdict, and trust that it will benefit both Huawei and the American people.”

The lawsuit was filed in a U.S. District Court in Plano, Texas. According to the complaint, Section 889 of the 2019 NDAA not only bars all U.S. Government agencies from buying Huawei equipment and services, but also bars them from contracting with or awarding grants or loans to third parties who buy Huawei equipment or services, without any executive or judicial process. This violates the Bill of Attainder Clause and the Due Process Clause. It also violates the Separation-of-Powers principles enshrined in the U.S. Constitution, because Congress is both making the law, and attempting to adjudicate and execute it.

Song Liuping, Huawei’s Chief Legal Officer, stressed, “Section 889 is based on numerous false, unproven, and untested propositions. Contrary to the statute’s premise, Huawei is not owned, controlled, or influenced by the Chinese government. Moreover, Huawei has an excellent security record and program. No contrary evidence has been offered.”

“At Huawei we are proud that we are the most open, transparent, and scrutinized company in the world,” said John Suffolk, Huawei’s Global Cyber Security & Privacy Officer. “Huawei’s approach to security by design development and deployment sets a high standards bar that few can match.”

From Huawei’s perspective, the NDAA restrictions prevent the company from providing more advanced 5G technologies to U.S. consumers, which will delay the commercial application of 5G, in turn, impeding efforts to improve the performance of 5G networks in the U.S. Beyond this, network users in rural and remote regions of the U.S. will be forced to choose between government funding and high-quality, cost-effective products. This will impede the network upgrade process, thus widening the digital divide. Even worse, the restrictions on Huawei will stifle competition, leaving U.S. consumers paying higher prices for inferior products.

Estimates from industry sources show that allowing Huawei to compete would reduce the cost of wireless infrastructure by between 15% and 40%. This would save North America at least US$20 billion over the next four years.

Guo Ping added, “If this law is set aside, as it should be, Huawei can bring more advanced technologies to the United States and help it build the best 5G networks. Huawei is willing to address the U.S. Government’s security concerns. Lifting the NDAA ban will give the U.S. Government the flexibility it needs to work with Huawei and solve real security issues.”

Shurooq Partners with Shaza Hotels For Management of Sharjah Collection Retreats in Sharjah

The Sharjah Investment and Development Authority (Shurooq) has appointed Shaza Hotels to manage three retreats, which are Kingfisher Lodge in Kalba, Al Badayer Oasis in Al Badayer and Al Faya Lodge in Mleiha.

The high-end destinations, which fall under the ‘Sharjah Collection’ brand by Shurooq, will be operated and fall under the management of the Mysk by Shaza brand, specialised for its international-based qualities and hospitality experiences that support the authenticity and culture of servicing unique lifestyles in the travel and tourism market.

The announcement took place during Shurooq’s 12th participation at the 53rd edition of ITB Berlin, under the Sharjah Pavilion led by the Sharjah Commerce and Tourism Development Authority (SCTDA). The world’s largest travel and trade exhibition is slated to conclude on March 10th.

Attending the announcement was His Excellency Marwan bin Jassim Al Sarkal, Executive Chairman of Shurooq, His Excellency Khalid Jasim Al Midfa, Chairman of Sharjah Commerce and Tourism Development Authority (SCTDA), Ahmad Obaid Al Qaseer, COO of Shurooq, Simon Coombs, President & CEO of Shaza Hotels, and representatives from Sharjah state entities, Shaza Hotels and international media representatives.

Surrounded by magnificent landscapes and majestic dunes, the Sharjah Collection is one of its kind in Sharjah and the UAE. From the natural retreat experiences in Kingfisher Lodge to the desert escapes-themed Al Faya Lodge or the Caravanserai in Al Badayer Oasis, each of these boutique-like resorts offers guests the opportunity to immerse themselves in the nature, culture and heritage of the location and discover a fascinating mix of indigenous experiences.

His Excellency Marwan bin Jassim Al Sarkal, Executive Chairman of Shurooq, said: “Our three upcoming luxurious lodges will further strengthen Sharjah’s positioning and leading rank in the world of authentic and eco-tourism experiences worldwide. Our initiatives in doing this announcement during ITB Berlin is to strengthen this message among international tourists and international investors keen on expanding their operations in the UAE and the region.”

He continued: “These three hospitality properties and destinations are the emirate’s first of their kind, proving services and experiences that are niche and new on a regional level, creating perfection in our concept of merging nature, luxury, culture and heritage into each destination.”

He added: “Our new appointment follows our vision that is set for all three properties respectively, with absolute confidence and trust into Shaza’s world-renowned services and qualities that will directly transform this vision into a physical and tangible reality that is opened to all guests, visitors and tourists of all ages in Sharjah and the world.”

Shaza Hotels, a member of the Global Hotel Alliance, is growing rapidly in the Middle-East with a focus on strengthening its presence in the UAE. Mr. Simon Coombs, President & CEO of Shaza Hotels, stated, “We are very proud to partner with Shurooq and grateful to H.E. Marwan bin Jassim Al Sarkal for entrusting us with the management of the Sharjah Collection by Mysk. Each retreat is a superb addition to our portfolio as it is unlike any other hotel accommodation in the region.”

He added: “We greatly value our relationship with Shurooq and have a genuine interest in supporting the government initiatives to promote multiple destinations in Sharjah. Each member of the Sharjah Collection is like a tourism pavilion of the Emirate, and we are keen to develop with Shurooq other flagship retreats to allow visitors to discover the hidden beauties of Sharjah.”

The Kingfisher Lodge in Kalba will offer guests a gateway to a unique world of conservation, in an intimate setting. A 60-minute drive from Kalba is Al Badayer Oasis, which portrays a perfect example of a Caravanserai. A picturesque desert stop set against the sweeping dunes of central Sharjah and a perfect place for relaxing after a day of adrenaline-fuelled desert excitement. As for Al Faya Lodge located near Fossil Rock in Mleiha, guests will immerse themselves in the region’s ancient culture and history through archaeology, recreational activities, wellness and breath-taking natural landscapes.

About Shurooq

Shurooq is an independent government entity under the Emiri decree no. 2, that facilitates partnerships and connects investors with relevant opportunities. Shurooq aims to create authentic destinations that are committed to enhancing the quality of life for citizens and residents, as well as foster an environment where businesses thrive and ideas flourish. Shurooq strives to encourage investment in Sharjah by adopting the best international standards in providing quality services that help attract investors from both the region and the world.

For more information please visit www.shurooq.gov.ae

About Shaza Hotels

Shaza is the leading hotel management company dedicated to offering true Arabian hospitality inspired by the traditions and culture of various countries along the Silk Route and reflected by the supremely elegant Middle Eastern style décor and serene ambiance that is appreciated by the most discerning travellers.

With four hotels already operational in the Middle East – Shaza Makkah in the Holy city, the multiple award-winning Shaza Al Madina, the newly opened Shaza Riyadh and the flagship hotel under the “Mysk by Shaza” brand Mysk Al Mouj in Muscat – the brand is expanding rapidly with the opening this year of the Sharjah Collection, followed by Shaza Doha, Shaza Salalah and Mysk The Palm in Dubai. Shaza is a member of Global Hotel Alliance (GHA), the world’s largest alliance of independent hotel brands.

For more information, please visit www.shazahotels.com

About Global Hotel Alliance

Global Hotel Alliance (GHA), the world’s largest alliance of independent hotel brands, brings together 35 brands with 550 hotels in 76 countries. GHA uses a shared technology platform to drive incremental revenues and create cost savings for its member brands.  GHA’s award-winning loyalty programme, DISCOVERY, provides over 11 million members exclusive opportunities to immerse themselves in local culture wherever they travel. For more information, visit www.gha.com

For further information, please contact:

(Shurooq)
Mousa Nimer
National Network Communications (NNC)
+971 50 222 0561
m.nimer@nncpr.com

(Shaza Hotels)
Ali Ozbay
Director of Marketing & Communications
Shaza Hotels
Website: www.shazahotels.com
Email: ali.ozbay@shazahotels.com
Office:  +971 4 437 6460

Follow us on:
Facebook: www.facebook.com/ShazaHotels
Twitter: @ShazaHotels
Instagram: @ShazaHotels
Linkedin: https://www.linkedin.com/company/shaza-hotels/

#ShazaHotels #IamShaza

For media please contact:
Hina Bakht
Managing Director
EVOPS Marketing & PR
Mob: 00971 50 6975146
Tel: 00971 4 566 7355
Hina.bakht@evops-pr.com
www.evops-pr.com

Ajman Bank’s year ended 31 December 2018 Net Profit Up by 28.2% compared to year ended 31 December 2017

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Year ended 2018 net profit up by 28.2% to reach AED 170.0 million compared to year ended 2017
·         Balance sheet growth of 13.1% to AED 22.6 billion compared to December 2017.
·         Distribution of 3.5% cash dividend approved by the general assembly and central bank.
·         AED 419.7 million share capital increase through right share issuance 

Ajman, UAE; March 6, 2019:Ajman Bank, the award-winning financial services institution committed to transforming the experience of Islamic banking, announced today its financial results for the year ended 31 December 2018, demonstrating continued positive momentum.

Ajman Bank declares a profit of AED 170.0 million for the year ended 31 December 2018, compared to the year ended 31 December 2017 profit of AED 132.6 million.

During the Annual General Assembly meeting, His Highness Sheikh Rashid bin Humaid Al Nuaimi Vice Chairman of Ajman Bank praised the continued success of the bank as one of the leading financial institutions in the banking sector and the level of progress and competitiveness that Ajman Bank has accomplished towards achieving new levels of growth and banking excellence over the past years. “I would like to congratulate all the staff of the Bank for their outstanding efforts during the year, and the trust of Ajman Bank customers. Thanks to the continuous support of our shareholders and the directives of H.H. Sheikh Ammar, Chairman of the Board of Directors, we continue to achieve success at all levels addressing the diverse needs of our growing customer base, while providing pioneering products, incredible rewards, and a premier banking experience.”

Mohamed Amiri, Chief Executive Officer, Ajman Bank, said: “Ajman Bank’s year ended 31 December 2018 results reflect strong and consistent performance across varied sectors. We are committed to achieving greater efficiency through optimization of our resources and capital structure. The growing influence of digitalization on the management of our portfolio of products and customer solutions will play a crucial role in this respect. Generating quality earnings is a key priority for us as we continue to serve our clients and communities. We have, therefore, put in place the very best systems and practices – managed by an exceptional team – to meet the highest standards for exceptional business performance. We are confident that these investments will pay off and enable us to capitalize on the right opportunities to drive growth and deliver superior results to our shareholders.”

The balance sheet of the bank as at 31st December 2018 touched AED 22.6 billion compared to AED 20.0 billion at 31st December 2017, a growth of 13.1%. Islamic financing of AED 16.3 billion at 31st December 2018 grew by 7.6% compared with 31st December 2017 while customer deposits grew from AED 14.3 billion in 2017 to AED 17.2 billion by 31st December 2018, an increase of 20.1%.

The increased portfolio has had an exponential effect on the income compared with the year ended 2017. Income from Islamic financing products registered a growth of 24.3% from AED 681.6 million during the year ended 31 December 2017 to AED 847.3 million during the year ended 31 December 2018.

Expenses for the year ended 31 December 2018 grew by 9.7% and impairment charge decreased by 40.5% as compared to year ended 31 December 2017.
3.5% cash dividend approved by the general assembly and central bank.

 About Ajman Bank
Ajman Bank is an Islamic bank with an ambitious vision based on values of integrity, trust and transparency seeks to provide a wide range of Sharia-compliant and high-quality banking services to customers from individuals, companies and government institutions across the UAE. It is also keen to be updated with the latest technology that will ensure customers a distinctive experimental banking with the revival of human touch that is lost in the modern era of banking application.

Ajman Bank is headquartered in Ajman and enjoys the strong support of the Government of Ajman and is a key pillar in the emirate’s economic development strategy. The bank continues its tireless efforts to establish a prominent position in the banking sector as a sustainable Islamic banking institution, with an emphasis on the need to achieve an optimal balance in the community and caring staff, in order to provide real value for shareholders and customers alike. For more information visit http://www.ajmanbank.ae

For media contact:
Hina Bakht
Managing Director
EVOPS Marketing & PR
Mob: 00971 50 6975146
Tel: 00971 4 566 7355
Hina.bakht@evops-pr.com
www.evops-pr.com

Alpha Destination Management to Showcase its Latest Propositions for Trade Partners at ITB Berlin

Alpha Destination Management is all set for a strong presence at the 53rd edition of ITB Berlin taking place in Germany from 6 to 10 March 2019. ITB is the world’s leading travel trade exhibition that brings together over 10,000 exhibitors from 186 countries. The event is expected to attract this year more than 110,000 trade visitors from across the world.

Samir Hamadeh, General Manager, Alpha Destination Management, said, “The German market continues to be extremely significant for our destination being among the top 10 source markets. From a regional perspective too, Western Europe is a major contributor in terms of visitor volumes to the UAE.  Therefore, ITB Berlin presents strong opportunities for us and is the perfect platform to strengthen our collaboration with our strategic partners as well strike new deals.”

Dubai has a bigger presence at ITB Berlin this year. The emirate’s main attraction is Dubai Expo 2020 that is represented with its own stand. Samir stressed, “It is wonderful to be 

part of these exciting activities that are aimed at leveraging awareness about Dubai’s new and upcoming attractions and tourism experiences. Expo 2020 is not only a milestone for the UAE but for the entire tourism industry and will unlock many opportunities for our destination while showcasing Dubai’s capability to host mega events.”

Alpha Destination Management has recently expanded its list of excursions and activities in Dubai with the creation of fascinating new tours and is working closely with the tourism authorities to drive the growth of visitors to the emirates.

Visitors to ITB Berlin will be able to find Alpha Destination Management on Dubai Tourism stand.

#AlphaTours #AlphaToursDubai #AlphaDMC #AlphaToursAe #Dubai #VisitDubai #Dxb #DubaiTourism #MyDubai #travel #tours #ilovedubai #TravelGram #ITBBerlin #ITBBerlin2019 #ITB #Berlin #Germany

About Alpha Destination Management
Founded in 1996, by Mr. Ghassan Aridi and his partners, Alpha Destination Management is the leading destination management company and a pioneer in the tourism sector in the Arabian Gulf. Over the last two decades, the company has established itself as one of the most credible and reputed brands not only in the Gulf region but also in the international tourism industry. Controlling a significant market share of the lucrative tourism sector in the GCC, Alpha Destination Management is a market leader in the region with the largest annual turnover and wide network of international partners offering the highest levels of service and innovative and exciting experiences. Our extensive global and local knowledge and network, outstanding expertise and sound reputation is the key to success for us and all our partners.

For more information about Alpha Destination Management visit
www.alphadestinationmanagement.com
Or call +971 4 701 9111

For media contact:
Hina Bakht
Managing Director
EVOPS Marketing & PR
Mob: 00971 50 6975146
Tel: 00971 4 566 7355
Hina.bakht@evops-pr.com
www.evops-pr.com

Welcome Spring with 2XL Furniture & Home Décor

2XL Furniture & Home Décor is in full bloom. For those who love florals, the luxury brand has got an exquisite range of nature-inspired home accessories and other gorgeous items. Let your home blossom this spring with the addition of cheerful and vibrant hand-picked decorative items available at 2XL stores across the UAE.

Amit Yadav, Head of Marketing at 2XL, commented, “Florals are a classic choice for interiors and never go out of fashion. Whether you want to completely redecorate your home, or are looking to spruce it up, accessories or anchor pieces are a perfect way to add floral accents to your design scheme and find the right balance. At 2XL we offer a superb selection of products with floral elements that are easy to weave into your décor, without making the whole place look overwhelming.”

Here’s what is on offer at 2XL Furniture & Home Décor:

Set the tone for spring with a burgeoning pendant light!
Product Description: Flower Pendant Lamp in Gold
Material: Iron, Ceramic
Price: AED 2,067

Go big and bold with a statement chandelier.
Product Description: Flower chandelier in Matt Gold
Material: Iron, Crystal, Ceramic
Price: AED 2,548

Nothing livens up a chair like a buoyant floral cushion.
Product Description: Floral Embroidered Cushion Cover in Ochre
Material: 100% Cotton
Price: AED 111

For an understated nod to florals, add an ornate side table.
Product Description: Antique Gold Side table
Material: Raw antique Gold, Table Aluminium
Price: AED 637

Perfect for creating that afternoon tea setting!
Product Description: White Gold Rectangular tray
Material: MDF
Price: AED 197

A coffee table such as this can be the perfect conversation starter!
Product Description: Floral Coffee Table in Gold
Material: Aluminium
Price: AED 659

Embellish that empty corner of a room with a beautiful vase!
Product Description: Blue Floral Vase
Material: Ceramics
Price: AED 149

For media contact:
Hina Bakht
Managing Director
EVOPS Marketing & PR
Mob: 00971 50 6975146
Tel: 00971 4 566 7355
Hina.bakht@evops-pr.com
www.evops-pr.com

About 2XL Furniture & Home Décor
UAE based 2XL Furniture & Home Décor is a retailer of luxury home furnishings since 2000.

The retailer currently has 9 showrooms across Abu Dhabi, Dubai, Sharjah, Fujairah and Al Ain. The 2XL product range includes exclusive bedroom, living and dining room furniture as well as exquisitely crafted décor items, unique gifting ideas, plush rugs and gorgeous wall art, divine bed and bath linen, eye-catching tableware, and a fun, functional kitchenware range.

The 2XL range is very classic and French-inspired. Each retail item has been carefully chosen exclusively for 2XL and denotes a lifestyle that is regal, sophisticated and of a finer taste. We have something to suit every home setting – from ornate gold-plated bedroom settings to the more subdued Parisian hues of shabby chic, quirky contemporary inspirations to more ethnic Eastern-inspired décor ideas.

For more information or to shop online please visit www.2xlme.com
Connect and tag us on @2xlfurniture
#2XLfurniture