Dubai's Deira centre adds shops and eateries



Deira City Centre has expanded the number of outlets in the mall, joining a number of other shopping centres in Old Dubai that are adding retail space.

The mall has added 55 stores and restaurants, a total of 3,065 square metres of retail, to the 370 businesses it already accommodates.

"Our expansion is creating an enhanced experience for both our loyal customers and new visitors to the mall from new shopping experiences, new amenities and greater accessibility on all fronts," said Fuad Al Najjar, the asset director for the mall.

The new brands at the mall include Tommy Hilfiger, Marks & Spencer, Toys 'R' Us and a 2,000-sq metre Fitness First. More than 15 speciality gold and jewellery stores have also reopened or been added to the mall's retail mix.

Both BurJuman mall and Al Ghurair Centre recently announced expansions as they try to compete with newer, bigger malls in the new parts of Dubai.

Al Ghurair is spending Dh2 billion (US$544.5 million) to add 150 stores to the current 200, and BurJuman is to be increased by 25 per cent in size to nearly 93,000 sq metres.

Visitor numbers at the malls have increased since the opening of the Dubai Metro's Green Line, while Deira City Centre is building a bridge to connect shoppers to the transport system.

COMPANY PROFILE

Company name: Klipit

Started: 2022

Founders: Venkat Reddy, Mohammed Al Bulooki, Bilal Merchant, Asif Ahmed, Ovais Merchant

Based: Dubai, UAE

Industry: Digital receipts, finance, blockchain

Funding: $4 million

Investors: Privately/self-funded

Director: Nag Ashwin

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Company Profile

Company name: Namara
Started: June 2022
Founder: Mohammed Alnamara
Based: Dubai
Sector: Microfinance
Current number of staff: 16
Investment stage: Series A
Investors: Family offices

The specs

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Price: From Dh1.05 million ($286,000)

The specs: Fenyr SuperSport

Price, base: Dh5.1 million

Engine: 3.8-litre twin-turbo flat-six

Transmission: Seven-speed automatic

Power: 800hp @ 7,100pm

Torque: 980Nm @ 4,000rpm

Fuel economy, combined: 13.5L / 100km

Sri Lanka-India Test series schedule
  • 1st Test India won by 304 runs at Galle
  • 2nd Test India won by innings and 53 runs at Colombo
  • 3rd Test August 12-16 at Pallekele
When Umm Kulthum performed in Abu Dhabi

Known as The Lady of Arabic Song, Umm Kulthum performed in Abu Dhabi on November 28, 1971, as part of celebrations for the fifth anniversary of the accession of Sheikh Zayed bin Sultan Al Nahyan as Ruler of Abu Dhabi. A concert hall was constructed for the event on land that is now Al Nahyan Stadium, behind Al Wahda Mall. The audience were treated to many of Kulthum's most well-known songs as part of the sold-out show, including Aghadan Alqak and Enta Omri.

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Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Five famous companies founded by teens

There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:

  1. Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate. 
  2. Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc. 
  3. Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway. 
  4. Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
  5. Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.

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