UAE-based Danube Properties enters south Indian market

Rizwan Sajan, Sunny Leone and Atif Rahman during the inauguration.
Updated 09 September 2019

UAE-based Danube Properties enters south Indian market

Danube Properties, a UAE-based real estate developer, has launched its operations in the south Indian state of Kerala by opening its sales and marketing office in Kochi. The inauguration ceremony was attended by Rizwan Sajan, founder and chairman of Danube Group; Atif Rahman, director and partner of Danube Properties; Bollywood actress Sunny Leone, and other senior management of the company. 

This is the developer’s third marketing and sales office in India — after it launched operations in Mumbai in 2016 and Delhi in 2017. 

India is one of the UAE’s strongest economic partners. In 2018, Indian investors had accumulated 31 foreign direct investment (FDI) projects launched in Dubai with a total of 3.71 billion dirhams ($1 billion) in capital. This makes India the second largest investor in Dubai in terms of FDI capital and the fourth largest in terms of projects during the first nine months of the year. 

“Indian nationals — including the non-resident Indians (NRIs) living in Gulf countries — are a major source of investment in Dubai’s real estate. Their growing purchasing power is helping developers to sell properties and complete projects and that is the reason of the launch of our sales and marketing office in Kochi. We want to come closer to our target audience and provide the best assured deal,” Sajan said.

He added: “The UAE is a good place for real estate investment ... We at Danube Properties offer up to 15 percent return on investment. As a developer we not only deliver good homes for end users but also provide the highest rental yield for the investors.”

Danube Properties director Rahman said: “We have a well-balanced portfolio of property buyers of 93 nationalities. A large number of our buyers come from outside the UAE — including China, India, Europe and Africa. A large number of families from Kerala live in the UAE and the Gulf countries. Their presence has over the decades strengthened the bond between the two countries.”

He added: “Our office and our people will help develop a strong network with investors from Kerala and help them own their second home in the UAE through Danube Properties.” 


AMC launches Saudi Arabia’s first cinema loyalty program

Updated 15 January 2020

AMC launches Saudi Arabia’s first cinema loyalty program

AMC Cinemas has launched the first cinema loyalty program, along with a website and mobile application, in Saudi Arabia, ensuring that all updates and information are available for movie lovers here.

The loyalty program, AMC Da’era, is a first-of-its-kind experience that has been built specifically for the Saudi cinema goer. The app is designed to offer a personalized experience for each guest. With points being earned for every single riyal spent in AMC Cinemas, members keep ascending through each of the tiers by moving from Inner Circle to Select Circle and finally Elite Circle. Alongside each tier, the perks and benefits continue to expand from birthday, anniversary gifts, F&B discounts, free refills, and chances to win tickets to screenings and grand opening events. 

Being a member of AMC Da’era will give users a privilege to be the first to know about any advance tickets and cinema openings via a weekly newsletter.

Users can join AMC Da’era by signing with an AMC account on amccinemas.com or the AMC Cinemas app on iOS.

The new website amccinemas.com is set to be a one-stop digital hub for movie news and schedules in all AMC Cinemas, featuring advanced search tools that allow guests to narrow down their search and select a movie based on the name of the movie or the desired location. The handy booking system allows users to effortlessly purchase and book tickets online and once the transaction is completed, the tickets will be dropped into the visitors’ digital wallet. Moreover, the live chat option provides immediate real time support to help solve any problems and deliver all required information. 

The site also highlights any new food and drinks promotions for customers to benefit from. The new “Remind Me” function will keep cinema lovers always up to date. The website has been designed to be quite similar to amctheaters.com, the most visited entertainment site in the US.

“AMC Cinemas’ mobile application will allow guests to finalize everything in a seamless and speedy way. With a wide range of features that are available in both Arabic and English languages, booking a movie in AMC Cinemas will become a fun and on-the-go process,” a statement said.

AMC currently operates two theaters in Riyadh. According to Adom Aron, CEO of AMC, the company plans to open between eight and 10 theaters by June, between 12 and 20 theaters next year, and 50 theaters in the next three to four years.