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Dubai News Today | أخبار دبي اليوم
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  • Haramain
    The holy city of Mecca was flooded by heavy rains

    The holy city of Mecca was flooded by heavy rains

    Saudi has a strong message to Pakistan not to send beggars in the guise of pilgrims

    Saudi has a strong message to Pakistan not to send beggars in the guise of pilgrims

    Dubai Police Fully Sponsors 60 Employees and Retirees for Umrah

    Dubai Police Fully Sponsors 60 Employees and Retirees for Umrah

    Umrah visa will be available in 24 hours

    Umrah visa will be available in 24 hours

    The custodian of the keys of the Holy Kaaba has passed away

    The custodian of the keys of the Holy Kaaba has passed away

    Death toll due to extreme heat tops 1,000; Hajj 2024

    Death toll due to extreme heat tops 1,000; Hajj 2024

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    RTA Revamps Parking in Dubai’s Prime Spots

    RTA Revamps Parking in Dubai’s Prime Spots

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    UAE Confirms First Day of Eid Al Adha 2025

    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

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    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

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    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

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    RTA Revamps Parking in Dubai’s Prime Spots

    RTA Revamps Parking in Dubai’s Prime Spots

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    UAE Confirms First Day of Eid Al Adha 2025

    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    UAE Jewellers Unveil World’s Largest Gold Frame, a Dazzling Tribute to Sheikh Zayed and Iconic Landmarks

    UAE Jewellers Unveil World’s Largest Gold Frame, a Dazzling Tribute to Sheikh Zayed and Iconic Landmarks

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

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    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

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    Sharjah Chamber highlights Sectoral Business Groups’ role as key partners in driving private sector growth

    Israel may attack Iran, oil prices rise

    Israel may attack Iran, oil prices rise

    UAE Banks to Implement Higher Minimum Balance Requirements in June

    UAE Banks to Implement Higher Minimum Balance Requirements in June

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    Al-Haramain Perfumes CEO receives Golden Excellence Award and Fragrance of the Year Award

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    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

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    Iran threatens Israel with letter

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    China firmly stands by Pakistan’s sovereignty

    Israel may attack Iran, oil prices rise

    Israel may attack Iran, oil prices rise

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    Trump-Putin 2-hour phone call, agree to compromise Moscow

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    Israeli bombardment of Gaza death 43 more

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    RTA Revamps Parking in Dubai’s Prime Spots

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    Mother sues Google, AI over son’s suicide

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    Two Israeli embassy workers shot dead in Washington

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    A woman married 25 men and cheated

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    UAE Cracks Down: Emiratisation Compliance Checks Begin July 1 for Private Firms

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    GETEX 2025 Closes on a High Note, Reinforcing Its Status as the Middle East’s Leading Higher Education Fair

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    Up to 5-day weekend in some schools as Diwali holiday in UAE

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    Bangladeshi girl Maymuna in international Quran competition in Malaysia

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    Dubai student Rahul Nambiar to expand his award-winning EdTech Startup, Jochi, to Dubai and beyond

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    Imran Khan’s application to be the chancellor of Oxford

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    OpenAI releases ChatGPT’s hyper-realistic voice

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    With 6 dead & all educational institutes closed; irrational quota based public service recruitment in Bangladesh

    With 6 dead & all educational institutes closed; irrational quota based public service recruitment in Bangladesh

    Violent clashes over quota system in government jobs leave scores injured & 2 kiled in Bangladesh

    Violent clashes over quota system in government jobs leave scores injured & 2 kiled in Bangladesh

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    White House to Announce New NASA Administrator

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    Dubai Police Invests in Smart Technology to Boost Public Safety

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    Putin seeks to rival Western power with high-profile summit

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    Pay driving license renewal and fine in installments from next week in Dubai

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    Hailstorm breaks IndiGo plane’s ‘nose’

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    UAE Ministry Issues Warning About Hidden Salt in Foods

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    Connecting Farmers to Global Markets & Expanding Agri-Trade Horizons; Meghalaya’s Trade Mission to Dubai

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    Vincitore Realty delivers Dubai’s first Luxury Wellness Residential Landmark, pioneering a new chapter in Wellness-Inspired living

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    Biongevity launches world’s first AI-powered longevity app and Longevity Fitness Challenge in line with the UAE’s Vision 2031

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    Danube Home elevates outdoor living spaces with its modern, stylish furniture and customisation services

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    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

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    Bangladesh Celebrates Independence and National Day with Grandeur in Abu Dhabi

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    Bangladesh’s shame of losing the series to the Emirates

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    AKCEL GP plans to make UAE an international hub of Motorsports

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    The holy city of Mecca was flooded by heavy rains

    The holy city of Mecca was flooded by heavy rains

    Saudi has a strong message to Pakistan not to send beggars in the guise of pilgrims

    Saudi has a strong message to Pakistan not to send beggars in the guise of pilgrims

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    Dubai Police Fully Sponsors 60 Employees and Retirees for Umrah

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    Umrah visa will be available in 24 hours

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    RTA Revamps Parking in Dubai’s Prime Spots

    RTA Revamps Parking in Dubai’s Prime Spots

    UAE Confirms First Day of Eid Al Adha 2025

    UAE Confirms First Day of Eid Al Adha 2025

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    UAE Central Bank Stops Banks from Raising Minimum Balances

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

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    RTA Revamps Parking in Dubai’s Prime Spots

    RTA Revamps Parking in Dubai’s Prime Spots

    UAE Confirms First Day of Eid Al Adha 2025

    UAE Confirms First Day of Eid Al Adha 2025

    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

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    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

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    UAE Jewellers Unveil World’s Largest Gold Frame, a Dazzling Tribute to Sheikh Zayed and Iconic Landmarks

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

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    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

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    Sharjah Chamber highlights Sectoral Business Groups’ role as key partners in driving private sector growth

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    Israel may attack Iran, oil prices rise

    UAE Banks to Implement Higher Minimum Balance Requirements in June

    UAE Banks to Implement Higher Minimum Balance Requirements in June

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    Al-Haramain Perfumes CEO receives Golden Excellence Award and Fragrance of the Year Award

    “Global Powerhouses Unite: Abu Dhabi Crown Prince, US President Forge Future at Business Dialogue”

    “Global Powerhouses Unite: Abu Dhabi Crown Prince, US President Forge Future at Business Dialogue”

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    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

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    Iran threatens Israel with letter

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    China firmly stands by Pakistan’s sovereignty

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    Israel may attack Iran, oil prices rise

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    Trump-Putin 2-hour phone call, agree to compromise Moscow

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    Israeli bombardment of Gaza death 43 more

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    RTA Revamps Parking in Dubai’s Prime Spots

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    Two Israeli embassy workers shot dead in Washington

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    UAE Cracks Down: Emiratisation Compliance Checks Begin July 1 for Private Firms

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    Saudi Arabia launches crackdown on illegal immigrants, arrests 15,000

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    With 6 dead & all educational institutes closed; irrational quota based public service recruitment in Bangladesh

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    Violent clashes over quota system in government jobs leave scores injured & 2 kiled in Bangladesh

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    Danube Home elevates outdoor living spaces with its modern, stylish furniture and customisation services

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    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

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    GETEX 2025 Closes on a High Note, Reinforcing Its Status as the Middle East’s Leading Higher Education Fair

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    AKCEL GP plans to make UAE an international hub of Motorsports

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2nd Middle East Made-in-Anji Furniture Event 2024 to connect Anji’s Furniture Industry with GCC Buyers

Fatima Noor Mohammad, Dubai News Today by Fatima Noor Mohammad, Dubai News Today
Tuesday, December 17, 2024 11:18PM
Reading Time: 6 mins read
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An estimated delivery of more than 50,000 residential units including thousands of villas, townhouses and expansive homes need new furnishing solutions and interior décor

The premier trade event will promote business partnerships and cultural exchange between China and the Middle East as UAE furniture traders could benefit from high-quality furnishing solutions made in Anji, China.

UAE home furniture market is estimated to reach US$2.59 billion in 2024 and further grow to US$3.12 billion by 2029, reflecting a steady growth rate at a compound annual growth rate (CAGR) of 3.79 percent during the forecast period;

An estimated delivery of more than 50,000 residential units including thousands of villas, townhouses and expansive homes need new furnishing solutions and interior décor

Dubai alone is poised to achieve a new milestone in its real estate sector, with an estimated 38,174 new housing units set to be delivered in 2024;

The market expects that the housing supply will increase by approximately 182,000 units in 2025-2026, as a large number of properties that were pre-sold in 2022-2023 will be completed. Of these, approximately 76,000 units are expected to be completed in 2025.

The much-anticipated 2nd Middle East Made-in-Anji Furniture Event 2024 is set to take place on December 18, 2024, at the Aryaam Ballroom, Hyatt Regency Dubai Creek Heights in Dubai, UAE.

Anji is a county in China’s Zhejiang province, located on Lake Tai. The county spans an area of 1,886 square kilometers, with a population of 461,800. Located within the Yangtze River Delta, Anji County is a short distance from Shanghai, Hangzhou, and Nanjing. Anji County is known for its lush natural environment, with over 70 percent of the county’s area covered in forest and other vegetation.

The event, organised by AGI Holding in partnership with the Anji Government and the Anji China Furniture Association, aims to deepen trade relationships and bolster international collaboration between Anji County, China’s leading furniture manufacturing hub, and GCC buyers.

This year’s event will host 50 UAE-based buyers and 10 buyers from neighbouring GCC countries, including Saudi Arabia, Kuwait, and Qatar, creating a robust platform for cross-border business interactions. Additionally, 9 of Anji’s top furniture manufacturers will showcase their innovative designs and solutions, reinforcing Anji’s status as the “World Chair Capital.”

The Made-in-Anji Furniture Event 2024 will kick off with an engaging conference, designed to introduce the leading furniture companies of Anji and present a promotional video highlighting their industry-leading capabilities. The agenda includes a keynote speech by prominent industry leaders and officials, detailing the prospects for strengthened partnerships between Anji County and GCC buyers. Following the conference, a networking lunch buffet will provide a unique opportunity for attendees to forge connections and explore synergies.

Xiao Jiaqing, a representative of the Anji Government, expressed that the second edition will facilitate expansion of Anji’s reach as a key furniture supplier in the Middle East, saying: “Following the tremendous success of the first edition, which saw significant MoUs signed between major Chinese brands and renowned local retailers, the second edition will amplify Anji’s position as a leading furniture manufacturing hub in the region.

Participants will showcase innovative designs and sustainable solutions that are backed by extensive research and development to cater to the needs of residential and office spaces across the UAE and neighbouring GCC nations.”

The 2nd Middle East Made-in-Anji Furniture Event 2024 is set to take place at a time when the UAE home furniture market is estimated to reach US$2.59 billion in 2024 and further grow to US$3.12 billion by 2029, reflecting a steady growth rate at a compound annual growth rate (CAGR) of 3.79 percent during the forecast period.

This expansion is driven by factors such as the country’s urbanisation, increasing population, and a surge in consumer spending on quality home furnishings.

This growth is amplified by the estimated delivery of more than 50,000 residential units including thousands of villas, townhouses and expansive homes that need new furnishing solutions and interior décor. Of this, the emirate of Dubai alone is poised to achieve a new milestone in its real estate sector, with an estimated 38,174 new housing units set to be delivered in 2024. This record-breaking figure underscores the robust growth and sustained demand within the emirate’s property market.

The market expects that the housing supply will increase by approximately 182,000 units in 2025-2026, as a large number of properties that were pre-sold in 2022-2023 will be completed. Of these, approximately 76,000 units are expected to be completed in 2025.

In Dubai, there were about 39,000 new residential completions in 2023, following the completion of 41,000 units in 2022, 44,000 units in 2021 and 40,000 units in 2020, according to figures released by Jones Lang LaSalle, a global real estate advisory.

The market growth is also supported by ongoing real estate developments, particularly in major cities like Dubai and Abu Dhabi, where demand for contemporary and sustainable furniture aligns with consumers’ evolving preferences. Reports from various market research firms emphasise that the UAE’s status as a regional trade and investment hub further boosts its significance as a strategic market for furniture manufacturers.

Fu Haifei, Director of Anji County Economic and Information Technology Bureau, shared that the event will be a crucial platform for collaborations and partnerships, stating: “Business matchmaking sessions will be a cornerstone of the event, facilitating targeted engagement between exhibitors and buyers.

This personalised approach ensures that attendees can connect with top-tier furniture manufacturers from Anji, such as Zoy, Hengling Home, Yueqiang, UE Furniture, Shengxing, Ruibao, Longwin, Kano, and Dakang. These companies are recognised for their sustainable, high-quality, and stylish furniture solutions that align with the growing demands of the Middle Eastern market.”

Building on the success of its inaugural edition in 2023, held at the Sharjah Chamber of Commerce, the 2nd Middle East Made-in-Anji Furniture Event is poised to achieve even greater participation and engagement.

Last year’s event facilitated meaningful partnerships between Anji furniture companies and Middle Eastern buyers, strengthening trade links and paving the way for continued collaboration. This year’s edition aims to further elevate Anji’s presence and reinforce its reputation as a trusted partner in the Middle East’s furniture sector.

Beyond its business focus, the event will celebrate Anji’s rich cultural heritage. Attendees will have the opportunity to experience Anji’s famous white tea and explore traditional bamboo crafts, adding a unique cultural dimension to the event.

Exciting activities, such as lotteries, will be held, and each participant will receive a souvenir. VIP buyers with purchasing intentions will also be eligible to win exclusive gifts.

Dr. Sadeddine Mneimne, Chairman of AGI Holding, emphasised the importance of the event, stating: “The Middle East Made-in-Anji Furniture Event exemplifies our commitment to fostering meaningful trade partnerships between China and the GCC.

The UAE’s growing demand for high-quality, innovative furniture aligns perfectly with Anji’s expertise. We are proud to host this event, which underscores the potential of cross-border collaborations to drive industry growth.”

China remains the UAE’s largest trading partner, with bilateral trade exceeding US$99 billion in 2023, a 36 percent increase from the previous year. The GCC furniture market is expected to grow at a CAGR of 6.4 percent through 2025, driven by strong demand from the real estate and hospitality sectors. These statistics highlight the event’s strategic importance and its potential to strengthen the trade partnership between these regions.

This prestigious event is organised through the collaboration of the Anji Government, the China Zhejiang Chair Industry Association, and AGI Holding, in partnership with Access Group International Dubai. Together, they aim to create a platform that not only facilitates trade but also enhances cultural connections between China and the Middle East.

The 2nd Middle East Made-in-Anji Furniture Event 2024 will take place on December 18, 2024, at the Aryaam Ballroom, Hyatt Regency Dubai Creek Heights, Dubai, UAE. The event will feature a conference, promotional video presentation, keynote speech, networking lunch, buyer-seller meetings, and business matchmaking sessions. This edition will showcase 9 leading furniture companies from Anji and expects participation from 50 UAE-based buyers and 10 buyers from GCC countries.

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