Dubai: 08 November, 2008 - Dubai Retail, a subsidiary of Dubai Properties Group and a member of Dubai Holding, today announced the sponsorship of a 12-member cycling team that will take part in this year's Spinneys Coast to Coast Cycling Challenge.

Organised by Spinneys with a view to promote a healthy lifestyle and to coincide with World Diabetes Day, the challenge will take place on 14 November, starting at Spinney's Uptown Mirdiff at 7.00am and ending at the Le Meridien Al Aqah Beach Resort in Fujairah.

Stretching for 180km, the race will be marshaled off 17km from Uptown Mirdiff, and will wind its way on the Khawaneej Road (611) through the mountain gaps and onto the sea face in Fujairah.

Over 250 riders from across the emirates are expected to participate in the race. The event will be conducted under the approval and guidance of the UAE Cycling Federation.

Haiyan Mujarkech, CEO, Dubai Retail, said: "We are delighted to back the cycling team's participation in this challenge on World Diabetes Day. Dubai Retail's aim is to create projects that complement people's lifestyles and enhance awareness on healthier habits. We believe, sponsoring the team at the challenge will significantly help us achieve this objective. We wish the team the very best."

Jannie Holtzhausen, CEO, Spinneys added that 'the Spinneys Coast to Coast Challenge was planned with the promotion of a healthier lifestyle in mind. As a 'neighbourhood retailer' we want to encourage our customers to spend more time outdoors and stay fit.

Dubai Retail's ambitious developments are envisaged to offer pioneering retail concepts and premium commercial proposition. Combining market knowledge with industry expertise, Dubai Retail aims to grow as a leading retail solutions provider in the region and abroad.

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About Dubai Retail
Dubai Retail, a subsidiary of Dubai Properties Group and a member of Dubai Holding, is a primary retail development and management solutions company that operates with the express aim of transforming the retail sector in the Middle East by bringing in new concepts and solutions. Established in 2008, Dubai Retail already boasts one of the largest retail management portfolios in the emirate. The company operates with a sole objective of increasing stakeholders' value through innovative solutions and commitment to excellence, while leveraging its in-depth market knowledge and industry experience, thus contributing to the expansion of the retail sector in general.

Dubai Retail's services range from strategy development to retail space management and covers retail leasing, developing and improving retail concepts, management of retail spaces, retail consulting services, offering support to franchise chains, market intelligence services and tenant mix solutions. Dubai Retail currently offers premium retail opportunities at The Walk, Jumeirah Beach Residence (JBR), and Bay Avenue at Business Bay.

For further information, please contact:
Lubna Habib
JiWin
Tel: +971 4 3613333
Fax: + 971 4 3688001
E-mail: lubna.habib@jiwin.ae

Zeina Chams
Dubai Retail
Tel: +971 4 435 1149
Fax:+ 971 4 435 1199
Email: Zeina.chams@dubairetail.ae

© Press Release 2008