Sultan bin Ali Al-Owais sets up rental unit

Haleema Al-Owais, director of Sultan bin Ali Al-Owais Real Estate.
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Updated 26 March 2020

Sultan bin Ali Al-Owais sets up rental unit

Sultan bin Ali Al-Owais Real Estate, a UAE-based real estate and asset management company, has announced the establishment of a short-term rental division to cater to the anticipated demand during the Dubai Expo 2020.

The new division is being launched with 250 short-term rental units and all properties are located within accessibility and proximity to the Expo 2020 site.

“Coming from a heritage of real estate development where we build for the purpose of renting out, our principal audience is predominantly made up of expats looking for long-term rentals. However, with the expected influx of people coming into the UAE based on the country’s economic and leisure offerings, this number will only go higher considering the Expo 2020,” said Haleema Al-Owais, director of Sultan bin Ali Al-Owais Real Estate.

“Every market and metropolis has an appetite for different kinds and classes of projects, and if the mix of developments between luxury/high-end, mid-market and affordable housing is in sync with the population it is designed to cater, the UAE demand will always have the potential to match its supply if not exceed it,” she added.

“We have been in the process of developing and acquiring assets with the vision of short-term rentals for the past two years and are confident about the company’s new direction.”

The company that specifically develops properties to rent, and owns and manages a portfolio of over 2,000 properties across the UAE, is known for its emphasis on its long-term rental ethos and retention of residential tenants exceeding 20 years.

Lulu initiates faster delivery in KSA, partners with various food delivery apps

Updated 30 March 2020

Lulu initiates faster delivery in KSA, partners with various food delivery apps

RIYADH: LuLu, the region’s top retailer, joined hands with various delivery partners to further widen the reach and speed up its online grocery delivery, in view of the current curfew restrictions all the over the country to combat corona virus.

As part of the new initiative, shoppers can now order their groceries through popular apps, such as Hunger Station, To you, Careem now and Wasel. LuLu has created an exclusive list of essentials and daily groceries from which shoppers can order for speedy deliveries at their doorsteps.

Commenting on the new initiatives, Shehim Mohammed, Director of LuLu Hypermarkets in Saudi Arabia, said: “In wake of the current pandemic, we are exploring all possible avenues to ensure that residents in the Kingdom get their orders as quickly as possible. Apart from the food delivery apps, we have also tied up with Aramex, Samsa and many rent-a-car companies to expedite the delivery of online shopping orders.”

Hunger Station and To You has gone live with LuLu groceries on 29th March and others will be up and running in the next couple of days as confirmed by the authorities.

“We are fully aware of our responsibilities as a leading retailer and have ensured that our stores and warehouses are well stocked. We are working very closely with government authorities, suppliers and logistics partners to ensure uninterrupted and sustained supplies while maintaining the highest standards of hygiene, health and safety. We thank all our shoppers for their support and urge them to remain calm and stable, as there is absolutely no need for any anxiety or panic,” added Shehim Mohammed.