Abu Dhabi developer Manazel plans to list in 2012

Manazel Real Estate, which focuses on mid-income housing and has assets worth $1.39bn, plans a listing on the Abu Dhabi stock exchange this year, its chairman said on Monday, betting improved market sentiment will create appetite for the issue.

The Abu Dhabi-based joint stock company with around 3,000 shareholders has initiated the process of listing with the United Arab Emirates' market regulator.

"It is the right time to start the listing, the markets will move up by the end of this year," Mohamed Muhana al-Qubaisi told Reuters. "We have a good track record with stable income forecast in the coming years."

Abu Dhabi's bourse has rallied sharply since mid-January, extending its year-to-date gains to 8.4 percent as retail investors poured money back into UAE equities.

Source:http://www.arabianbusiness.com/abu-dhabi-developer-manazel-plans-list-in-2012-450601.html

Dubai makes history at Dubai Lynx 2012

Y&R Dubai has won the coveted Agency of the Year title at the Dubai Lynx Awards for a second consecutive year, making it the first agency in the history of the Dubai Lynx to retain the title.

The agency's final tally was 1 Grand Prix, 3 Golds, 9 Silvers and 12 Bronzes across multiple categories like Print, Outdoor, Radio, Design, Direct, Promo and Activation. The winning work was created on behalf of clients like Land Rover, Harvey Nichols, Red Cross, American Garden and Gulf News with the Gulf News 'Headline News' campaign picking up the Grand Prix, 3 Golds and 1 Bronze Lynx in Direct, Promo & Activation, and Outdoor.

"Winning Agency of the Year two years in a row at Dubai Lynx is a remarkable achievement," said Nadine Ghossoub, Managing Director, Y&R Dubai. "Of course being recognized globally is great but nothing beats winning at home. There's something deeply gratifying about celebrating success with the people who made it all possible, the team at Y&R Dubai and of course our brave clients who challenge us to do better as much as we challenge them to go in new directions creatively."

Under the leadership of Nadine Ghossoub, Y&R Dubai also made history in 2011 by winning both the Agency of the Year and Network of the Year titles at Dubai Lynx and continued its winning streak internationally by being ranked 6th most creative agency in the world at Cannes Lions and 3rd most creative agency in the world by the Big Won Report, the first agency from the MENA region to make it into the top 10.

Source:http://www.zawya.com/story.cfm/sidZAWYA20120318120406