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New technology enhancing lives for Cars Taxi Captains!

Cars Taxi, one of the leading taxi franchises in Dubai and part of Al Ghurair Investment, has implemented an agile new solution for cashiering, to optimise efficiency for their Captains.

New technology enhancing lives for Cars Taxi Captains!
Monday 11 October 2021

Cars Taxi, one of the leading taxi franchises in Dubai and part of Al Ghurair Investment, has implemented an agile new solution for cashiering, to optimise efficiency for their Captains.

New Smart Cash Deposit Machines (SCDMs) have been introduced across the business, where Cars Taxi Captains can directly deposit the cash from fare collections. Previously, Captains dealt with in-office cashiers, resulting in idle time in waiting queues, and limited cash collection hours. With the new machines in place, Captains can deposit their cash directly, any time of the day or night, leaving them with more time to spend on the road, safely transporting customers across the UAE. 
 
Commenting on the initiative, Badr Al Ghurair, CEO, Cars Taxi, said: “The new SCDMs have significantly optimised the cashiering process for our Captains, giving them more time to spend on the road with our valued customers!

The machines’ technology integrates seamlessly with regional taxi metres and our own ERP platform – so the cashiering process no longer requires any manual intervention. It’s a smoother process for all and will make a difference to our Captains on an everyday basis; thanks to our colleagues in Group Treasury for working with us to embed this great initiative!”
 
Nabeel Waheed, Group Head, Treasury & Finance, Al Ghurair Investment, comments: “A core element of Al Ghurair Investment journey is Think Group, where we actively seek opportunities to collaborate and centralise efforts.

This partnership between Cars Taxi & Group Treasury and Finance, spearheaded by Mudassar Deshmukh, Head of Finance, Cars Taxi, and Nehil Samdani, Group Senior Manager – Treasury, is a shining example of what can be achieved by working together – we have not only optimised the efficiency of the cashiering process, we have also significantly enhanced life for our Cars Taxi Captains!”
 
For more information about Cars Taxi, please visit: https://www.carstaxi.ae/

AG Engineering wins HVAC Contractor of the Year at the 2021 Climate Control Awards

  • The award recognises AG Engineering for its commitment to excellence and best practice in the HVAC sector
    AG Engineering wins HVAC Contractor of the Year at the 2021 Climate Control Awards
    Tuesday 21 September 2021
    • The award recognises AG Engineering for its commitment to excellence and best practice in the HVAC sector

    xx September 2021, Dubai, UAE: AG Engineering, a specialised building services and infrastructure projects company, today announced that it was awarded HVAC Contractor of the Year at the 11th annual Climate Control Awards event, held on 14 September 2021 in Dubai, UAE. This prestigious event is organized by CPI Industry and held under the patronage of the UAE Ministry of Climate Control & Environment.

    The Climate Control Awards acknowledge and honour HVACR organisations that show a strong commitment to socio-economic and sustainable development, tropicalised to the Middle East region. Further, the Awards recognise organisations that have contributed to mitigating the climate control crisis, demonstrating true intent and genuine action to push the world towards greater safety.

    AG Engineering, a pioneer in the field of Design–Build of Data Centres and District Cooling Plants, operates with a progressive approach and a commitment to developing innovative and sustainable engineering solutions that set a high-quality standard. With this core philosophy, AG Engineering is consistently raising the benchmark across the HVAC industry.

    Commenting on the milestone achievement, AG Engineering CEO, Jacob John, said:

    At AG Engineering, we pride ourselves on implementing best practices and delivering outstanding results throughout our projects. The past year presented an additional and significant challenge in the form of COVID-19 and AG Engineering was steadfast through these challenging circumstances.

    Receiving the HVAC Contractor of the Year award is a great honour, and I would like to extend my sincere gratitude to the CPI industry for facilitating the Climate Control Awards, under the patronage of the UAE Ministry of Climate Control & Environment.

    This recognition is testament to the continued tireless efforts of our team, and I thank each and every one of them. Together, we will ensure to treat this as a yardstick of the progress humanity must inevitably make towards safeguarding people and planet, delivering on our business’ very purpose – to enhance lives through building services”.

Why good governance makes sense for family businesses

Adopting a robust governance framework offers a roadmap for businesses to move forward. From conglomerates with global operations to locally run shops, family businesses have long been central to driving economic growth across the globe.

Why good governance makes sense for family businesses
Thursday 16 September 2021

Adopting a robust governance framework offers a roadmap for businesses to move forward. From conglomerates with global operations to locally run shops, family businesses have long been central to driving economic growth across the globe.

In the UAE, the role and importance of family-owned businesses is even more crucial as they comprise 90 per cent of the private sector, many of them entwined into the very history of this nation.

Growing from early industries such as pearl diving, these businesses later diversified their interests to solidify their positions as leaders – across a broad range of sectors.

The crucial role of family businesses cannot be overstated, and their sustainable survival is paramount for ongoing economic health. However, there are some key challenges common to family businesses that must be understood and meaningfully addressed to achieve this. With transparency and robust governance structures increasingly important in today’s world, many family businesses are finding they need to elevate their processes, practices and policies in line with the ever-developing business landscape.

At the heart of family firms’ success is a sound governance structure that evolves with the changing dynamics of the business. Practicing good governance enables businesses to establish robust policies, laying the foundation to increase transparency across operations and to foster innovation, ultimately leading to opportunities for enhanced growth and improved performance.

Governance is not just a trendy new ‘buzzword’; it is both an absolute necessity and a pressing issue for family businesses – especially when it comes to change. Whether adopting new technologies, driving pioneering practices for business growth, or considering entry into emerging sectors, it’s clear that innovation must become the imperative focus for management teams and boards alike. Adopting a robust governance framework offers a roadmap for businesses to move forward – such as entering new geographies or doing new things, in new sectors, with confidence.

Historically, boards were the cautious voices urging leadership teams to diminish risk. However, in recent years, we have witnessed a shift where board members are increasingly embracing transformational strategies to ensure the long-term wellbeing of their companies. Integrating innovation means learning to embrace risk whilst continuing to mitigate and manage it as much as possible.

In essence, robust risk management and governance frameworks provide the flexibility required to remain agile.

According to PwC’s Family Business Survey, many family businesses have historically under-invested in digital. However, the pandemic has added a new urgency, with almost 75 per cent noting that digital, technology and innovation initiatives are a key priority.

In a region that is slowly emerging from the Covid-19 pandemic, leadership teams need to think strategically about the future of the business through an innovative lens, ensuring future leaders have the resources to lead the business forward. As family businesses embrace the innovation agenda, governance and transparency encourages healthy margins and sustainable operations. It’s no surprise then that, over the last few years, we have seen an increase in firms embracing corporate governance into their formalised operational structures.

As the region embarks on a new phase of growth, and with significant plans underway to diversify the economy, family businesses must embrace effective corporate governance. To retain competitive edge in a market that aims to integrate with the global economy, it is imperative that family firms implement robust governance standards that promote transformation and are aligned with international best practices.

Investing in corporate governance and incorporating it as a key pillar of the company’s ethos will not only help in passing the business to the future generations, but will drive future sustainability, ensuing the business will continue to thrive for decades to come.

John Iossifidis is the group CEO at Al Ghurair Investment

It’s 40 Days 40 Offers at Al Ghurair Centre

The UAE’s landmark mall celebrates its big 4-0 with mall-wide shopping offers and restaurant discounts, fun fitness challenges, a luxury car giveaway…and many more special offers! Get a headstart on the action here.

It’s 40 Days 40 Offers at Al Ghurair Centre
Friday 16 July 2021

The UAE’s landmark mall celebrates its big 4-0 with mall-wide shopping offers and restaurant discounts, fun fitness challenges, a luxury car giveaway…and many more special offers! Get a headstart on the action here.

Forty years is undisputedly a milestone anniversary worth celebrating, and at the Al Ghurair Centre, they are doing just that. Retailers in the landmark mall are celebrating 40 years of the Middle East’s first shopping mall, with 40 exclusive promotions for 40 days. From shopping discounts, restaurant deals and fitness promotions, to the chance to win a luxury car, the mall’s retail community is pulling out all the stops to celebrate its big 4-0, with its 40 Days, 40 Offers campaign.

“Over the past 40 years, Al Ghurair Centre has been interacting with the community by providing a place where people can shop, dine and be entertained,” says Haytham Nasr, Head of Marketing, Al Ghurair Properties. “Over the decades we have continuously evolved, adapted ourselves to meet consumer needs and market trends, and we would like to celebrate our 40th Anniversary with our valued customers! This 40-day campaign of exclusive offers is our way of celebrating with them, and thanking them for their support over the last four decades.”

How can you take part in Al Ghurair Centre’s exclusive 40th-anniversary deals? Read on to find out.

Mall-wide retail promotions

AGC_retail3
Image Credit: Al Ghurair Centre

From July 8 to August 16, shops and establishments across Al Ghurair Centre have devised a range of unbeatable, one-time-only festive offers. The special retailer offerings range across every store category at the destination venue, from fashion, health and beauty to dining, electronics and entertainment.

Keeping things exclusive, the deals will only be available to those customers who have downloaded the free Al Ghurair Centre (AGC) Rewards App, which is available on the App Store and Play Store respectively.

The AGC Rewards App focuses on enhancing the customer experience for shoppers at Al Ghurair Centre, so that they obtain the best possible prices and offers at any given moment from participating retailers within the mall.

Select retailer offers

AGC_retail2
Image Credit: Al Ghurair Centre

Retailers across the mall are running different kinds of promotions, a selection of which are listed here:

• Fashion and retail: Rivoli Group is applying a 40% discount to selected brands, including merchandise from Tissot, Rado, Certina, Hamilton, Gucci and Mido, while Rivoli Eye Zone has up to 70% off. Lifestyle Fine Jewelry is running a mega sale with a huge 60% discount, plus 5% extra for Al Ghurair Centre customers on all diamond jewelry and branded watches. In addition, Marks & Spencer has a promotion on beauty products where you buy 2 Get 1 Free from July 28-31, and also 25% off Ladieswear from August 4-7. Over the 40-day period, Forever 21 has priced several items below Dh40. Centrepoint is giving customers AED 50 off on their next purchase on the Spend of AED 200. Meanwhile, Matalan has a 50% discount on selected items from July 8 to August 7. There is also a 50% discount on selected items at Red Trees, 40 per cent on full-priced items at Koton, 25% off all merchandise at Giordano and a flat 20% off on selected items at Shoeexpress until August 16.

AGC_retail_new
Image Credit: Al Ghurair Centre

• Entertainment: At Reel Cinemas, moviegoers pay Dh40 instead of Dh75 for the premium Dolby Cinema experience on weekdays only, exclusive of public holidays. Meanwhile, at Fun Adventure Games Spot, gamers booking an hour get the next 30 minutes complimentary. Both promotions run from July 8 to August 16.

• Electronics: Retailer Emax has several different offers from July 8-31. There is 15% off networking products, and 10% off hard drives, SSD and flash drives, as well as exclusive offers on select television models.

• Health and beauty: What’s the point in celebrating if you can’t look your best? There’s plenty of opportunities to do just that with offers from across Al Ghurair Centre’s health and beauty retailers. Supercare Pharmacy has a 15% discount on selected products, and Bath and Body Works is rewarding all customers who spend Dh250 on non-sale items with three free body care products. Over the same period, at Flormar, it’s between 25 and 50% off, while the Swissôtel Spa has a 40% discount on all spa treatments.

• Food and drink: A number of food and beverage outlets at the mall are offering discounts of between 20% and 40% over the promotion period. Chocomonarch has a 40% on Thursdays, Fridays and Saturdays between July 8 and August 16, while Manoushe Street will take 25% off your bill from July 18-27. Grab 20% off the bill at Farsi Restaurant, on large pizzas at Papa John’s and 40% off the total bill at SweetnLightcafe, all from July 8 to August 16. Meanwhile, Hotel Swissôtel Al Ghurair is offering a 40% discount on items ordered a la carte at its Yasmine and Liwan outlets, as well as a 40% discount on its popular SBG Grill Nights. Other outlets are offering straight-up value deals: at Jollibee, a curry-flavoured chicken rice bowl with small fries and a drink are only Dh15, while a dozen Krispy Kreme doughnuts (6 assorted and 6 original) cost only Dh34. Maru Udon will give 20% off on weekdays whereas Wingstop offers you a double treat where you get 16 Wings + 2Dips + 2 Sides + 2 Drinks + 2 Flavors for just Dh75.

Fitness memberships giveaway

AGC_fitness challenge
Image Credit: Al Ghurair Centre

If fitness is your bag, head over to Metrofitt! Al Ghurair Centre’s workout destination is hosting a one-off fitness challenge from 6pm -7pm daily at the Central Atrium, so you can head over straight from the office – or from your home office – to give it your best. Each winner will receive a 40-day gym pass daily during the anniversary season, which runs until August 16th.

Four different challenges are running over the 40 days:

• The Rowing Challenge: How far can you go within 30 seconds? Whoever covers the most distance within 30 seconds wins. Be warned: It isn’t going to be easy.

• The Burpee Challenge: How powerful are you? Whoever clocks up the most burpees within 30 seconds while keeping to the correct form wins. Participants will be closely watched by trainers, so you’ll need to stay on point.

• The Plank Challenge: How strong is your core? The person who holds the plank for the longest time – in the perfect position – wins this test.

• The Skipping Rope Challenge: How long can you jump? In this challenge, the winner is the person who can skip for the longest period without a break.

The fitness centre has ensured that government health protocols and social distancing guidelines are in place, so you can take part in the challenge with total ease.

Additionally, Metrofitt has discounted its normal monthly membership fee of Dh149 to Dh40 from July 8 until August 16. The offer is only available to those who also book a three-month membership from August to October at Dh399. There is no joining fee.

Shop and Drive away in Style this DSS with an Infiniti Q50

AGC giveaway
Image Credit: Al Ghurair Centre

In true Dubai style, six lucky shoppers will drive away in an Infiniti Q50 car. Al Ghurair Centre is a venue for the 24th annual Dubai Summer Surprises event. Visitors who spend Dh200 can enter a raffle to win one of six luxury cars. Numerous cars have been given away over the years, are you going to get lucky this time?

Whether it’s a shopping event, prize giveaways or Instagram-worthy entertainment, there’s always a lot going on at Al Ghurair Centre. “There are year-round leisure activities as well as entertainment zones such Reel Cinema, Billiards Game Zone, and Kids Amusement Arcade, which cater to the requirements of consumers,” says Nasr.