BMTC opens new-look showroom
UAE-based Bahri & Mazroei Trading Company (BMTC), a leading provider of electrical, lighting and water solutions, has opened its flagship showroom in Dubai, following a Dh1-million ($272,181) facelift.
A subsidiary of Bahri & Mazroei Group, BMTC said the showroom brings a heritage of over 50 years, and has been the go-to place for partners, across multiple industries, to source a diverse selection of electrical, lighting and water solutions.
The 500-sq-m showroom at Al Khabaisi has been aesthetically and functionally enhanced, and serves as a one-stop shop featuring BMTC’s entire portfolio of solutions as well as a dedicated space for extra-low voltage (ELV) systems, stated the company.
RAK Ceramics posts good Q1 sales
UAE-based RAK Ceramics, one of the largest ceramics brands in the world, has registered solid growth in the first quarter of 2017 with its total revenues surging by four per cent to Dh681.1 million ($185 million).
Announcing its results for the three-month period ended March 31, RAK Ceramics said the growth of its core businesses was mainly driven by 13 per cent jump in tile revenues besides a stable growth in sanitary ware revenues of 2.9 per cent and 12.9 per cent increase in tableware revenues.
Tenders out for RIU resort
A joint venture between Dubai master developer Nakheel and leading Spanish hospitality group RIU Hotels & Resorts has moved a step closer on their 800-room beachfront resort and water park at Deira Islands, with the release of a construction tender.
The Dh670-million ($182 million) development – RIU’s first resort in the Middle East and one of the biggest in Dubai in terms of hotel rooms – is set for delivery in the fourth quarter of 2019, said Nakheel.
Located on a prime beachfront plot at Nakheel’s new, 15.3-sq-km Deira Islands coastal city, the resort will feature seven F&B (food and beverage) outlets, three swimming pools, a fitness complex, children’s club and water park.