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Maisour Partners with IIFA Awards 2024; Meteora Developers Joins IIFA Utsavam

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Maisour, a leading crowdfunding platform specialising in fractional ownership of Dubai real estate, Thursday announced a landmark collaboration with the International Indian Film Academy (IIFA) Awards as the investment partners for the highly anticipated IIFA Weekend & Awards 2024. This agreement, a first-of-its-kind in the 23-year history of the annual film awards ceremony, marks a significant milestone for Maisour and Meteora Group as they align themselves with one of the most prestigious global celebrations of Indian cinema. As part of the understanding, while Maisour will partner with both IIFA Utsavam and IIFA Awards this year, Meteora Developers, one of Dubai’s leading real estate developers will partner with IIFA Utsavam, the South India focused chapter of the annual IIFA Festival.

Praveen Sharma, Group CEO & Partner of Maisour & Meteora Group, expressed his excitement about the association, by saying: “This collaboration marks the start of a monumental chapter, especially for Maisour. As a crowdfunding platform for fractional ownership in Real Estate in Dubai, we are absolutely thrilled to have partnered with a global platform like IIFA that unites and celebrates the best of Indian cinema in what is a dazzling showcase of stardom. This highly anticipated cinematic extravaganza in Abu Dhabi sets the perfect stage for this partnership.”

The IIFA Festival 2024, taking place from September 27 to 29 at Yas Island, Abu Dhabi, promises to be a spectacular event. This year’s festival, held under the patronage of Sheikh Nahyan bin Mubarak Al Nahyan, and in partnership with the Department of Culture and Tourism – Abu Dhabi and Miral, will feature a dazzling line-up of events that includes the NEXA IIFA Utsavam Awards, the NEXA IIFA Awards, and Sobha IIFA Rocks.

“At Maisour, we champion creativity and innovation while making Real Estate investment in Dubai affordable in helping create a lasting legacy for millions, starting from AED 500, thus seamlessly resonating with the iconic positioning of the IIFA Awards. Together, we aim to elevate the fan engagement and offer them opportunities for investment and excellent returns,” added Sharma, who co-founded Meteora Developers with his Jordanian partner, Omar Al Amour, early last year before going on to carve a niche for themselves in the real estate market, selling out their first four projects – The East Crest, 7 Park Central, Vita Grande and Park Boulevard.  “This collaboration represents a new chapter in Maisour’s mission to make real estate investment in Dubai more accessible and impactful through cutting-edge technology and a global platform,” Sharma added.

With Maisour’s involvement, the partnership highlights the intersection of cinematic brilliance and innovative real estate investment opportunities, allowing fans and investors to experience and engage with both worlds.

This year’s IIFA Awards are happening on September 28 and will see superstar Shah Rukh Khan and filmmaker-producer Karan Johar share the stage as hosts. The awards night will see the who’s who of Indian cinema including Rekha, Shahid Kapoor, Vicky Kaushal, Prabhu Deva, Rana Daggubati, Raashi Khanna,  Janhvi Kapoor and others, lighting up the stage with their electric performances.

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World’s tallest wellbeing resort coming to Dubai by 2028

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Dubai is set to become home to the world’s tallest wellbeing resort, according to an announcement made by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister of the UAE. This new development is part of the Dubai Quality of Life Strategy 2033.

Named Therme Dubai, the resort will stand at 100 meters tall, and it will be located within Zabeel Park. The project is expected to be completed and open its doors by 2028.

The city is investing Dh2 billion in the creation of a new landmark that will include an interactive park and the world’s largest indoor botanical garden, designed to attract 1.7 million visitors each year. Covering 500,000 square feet, the resort will be divided into three distinct zones focused on “restoring, relaxing, and playing.”

“This groundbreaking project underscores our dedication to improving urban biodiversity, promoting environmental sustainability, and providing enriching experiences for both residents and visitors to Dubai,” stated the Crown Prince.

Dubai Municipality recently announced that 216,500 trees were planted across the city in 2024, marking a 17% increase compared to 2023. This equates to an average of 600 trees planted each day last year.

The news was shared on National Environment Day. Earlier, UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan expressed the country’s commitment to global climate action and emphasized the importance of collective responsibility in addressing worldwide environmental challenges.

Sheikh Mohammed, the Ruler of Dubai, also shared a message on social media, highlighting the nation’s focus on sustainability and environmental preservation.

What is the Dubai Quality of Life Strategy 2033?

Launched in May 2024, the Dubai Quality of Life Strategy 2033 aims to improve community well-being and position the emirate as the best place to live globally.

The strategy focuses on transforming Dubai into a pedestrian-, environment-, and family-friendly city, with the goal of ensuring residents can access key services within 20 minutes. It also includes plans for developing Dubai’s surrounding areas.

Additionally, the initiative will see the creation of new public amenities such as parks and beaches. The project includes plans for over 200 new parks, a 300% expansion of cycling tracks along the beaches, and a 60% increase in the length of beaches designated for night swimming. A new women-only beach will also be introduced.

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World Cup-winning football icon Thierry Henry inspires youth at SEF 2025: “Invest in Yourself”

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At the region’s largest entrepreneurial festival, former Arsenal and Barcelona star draw parallels between football and business, encouraging youth to push beyond their limits.

“Invest in yourself—whether it’s in your free time, happiness, or beliefs.” These were the words of French World Cup-winning football icon Thierry Henry as he delivered an impassioned keynote at the Sharjah Entrepreneurship Festival (SEF) 2025 on Saturday, drawing parallels between football and business and recalling his younger days as a player, encouraging youth to push beyond their limits.

“Take risks, because without them, there’s no reward. And remember, if you are here to perform, competition is key—someone is always ready to take your place,” said the footballer when asked by moderator Ghalia Abdalla Almaazmi, Deputy Head of the Women’s Football Committee, UAE Football Association, what mattered more – luck or skill. “Success comes to those who are willing to take risks—without action, there’s no reward. And when you reach the top, staying there requires just as much effort. Keep it simple, stay real, and always be ready to push yourself further.”

But funnily for Henry, who scored 51 times for the Les Blues while helping them to a World Cup trophy in 1998, the start of his ‘journey of excellence’ as a child was all about playing for one man – his father Antoine. “I just wanted to please my dad. [At that age] you just want to make sure that you are seen. I didn’t want to impress anyone else but my dad for whom smiling never came naturally. But one day he smiled. Playing professional football and winning came later,” said the former Arsenal and Barcelona man considered one of the greatest strikers of all time.

The world champion’s take on developing a winning mindset 

Henry, who under long-time mentor and coach Arsène Wenger, became a prolific striker and English premier league club Arsenal’s all-time leading scorer with 228 goals in all competitions, winning the Premier League Golden Boot a record four times, also spoke about one of his earliest coaches Joaquim Francisco Filho and how it helped him develop the ‘winning mindset’. 

“I had coaches along the way. What Filho did was something very important to me. We often talk about being faster and stronger but one of the most important things is how we must think. He developed my winning mindset. For example, when I was younger, I was fast. In training sometimes, he used to tell me I don’t want you to beat anyone but yourself,” Henry said. 

“So keep believing and do not stop. It is you up against yourself at the end of the day. The best discussion you can ever have is with yourself”, he told his audience. 

Leveraging the business of sports as a tool for positive change

Sharing his insights on starting a business in the sports industry, he said: “Sports doesn’t  operate like any other industry. Strategies that bring a company exceptional results might not apply to football. You will be criticised, lose money, but ask yourself, why are you doing this? Is it for money or fame, or are you in it to make a difference?”

“Look at Manchester City – they have transformed the environment around their stadium, created jobs and made the place better. Sports reflect society. It unites people from all cultures, creates change around pressing issues, and allows women to evolve. I hope we can continue to change in that direction.”

Connecting the global ecosystem under the theme of “Where We Belong,” SEF 2025 champions the impact of community and the spirit of innovation. Organised by the Sharjah Entrepreneurship Center (Sheraa) as the largest event of its kind in the region, and hosted at the Sharjah Research, Technology, and Innovation Park (SRTIP), this year’s festival is taking place from 1-2 February, 2025. 

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News Salik rates in Dubai starting today

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Starting today, January 31, Dubai will implement the variable toll system for Salik. According to Salik Company, the new pricing will apply to all Salik gates. The initiative aims to improve traffic flow and create a more efficient driving experience for motorists.

However, there will be no change to the current toll system at Al Safa North and South or Al Mamzar North and South gates. Drivers passing through these gates in the same direction within one hour will still only incur a single charge.

The new variable toll rates will be applied daily throughout the year, except during Ramadan, as follows:

  • Peak Hours (6am–10am & 4pm–8pm): Dh6 per crossing
  • Off-Peak Hours (10am–4pm & 8pm–1am): Dh4 per crossing
  • Late Night (1am–6am, daily): No charge
  • Sundays (excluding public holidays and events): Dh4 across both peak and off-peak hours (late night hours remain free)

During Ramadan, the toll schedule will be adjusted to reflect changes in travel patterns:

  • Peak Hours (9am–5pm): Dh6 per crossing
  • Off-Peak Hours (7am–9am & 5pm–2am): Dh4 per crossing
  • Late Night (2am–7am): No charge

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