Author: Jochebed Menon

His Royal Highness Prince Mohammed Bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Chairman of the Board of Directors of the Royal Commission for Riyadh City (RCRC) chaired a board meeting to review the strategy in preparation for launch. HRH directed the government entities at the national and city level to conclude the implementation plans of the strategy. The entities will work closely with the RCRC to deliver the detailed plans and map out the initiatives and projects relevant to their respective sectors, while defining budgets and responsibilities to ensure a robust and integrated governance framework for the…

Alain Kaddoum, Managing Director, Savoye Middle East, Savoye, shares about the limitless benefits of incorporating an order management system The innovations and technological advancements being widely used in every step of business operations and managements brings limitless benefits and undoubtedly making work easy. Software, hardware, and other AI-powered tools increase efficiency, save money and time, encourage, and facilitate connection among stakeholders. They also significantly reduce margin error and ensure smooth workflow. One example of such software is the Order Management System (OMS). OMS is a software programme that allows managing of the order and its accurate inventory. It covers activities…

Etihad Airways and ADQ, one of the region’s largest holding companies, announced a proposed transaction that will support the ongoing transformation of Etihad Airways and the future growth of the civil aviation sector in Abu Dhabi. As part of the proposed transaction, several Etihad’s businesses providing airline support services will become part of a new ADQ aviation company. Once the transaction is complete, the airline support services businesses will benefit from being part of ADQ’s broad mobility and logistics portfolio, which includes Abu Dhabi Airports and AD Ports Group. The businesses included in the proposed transaction are Etihad Engineering, Etihad…

Al Khail Gate, Shorooq and Ghoroob are offering prospective tenants scouting the market incredible rewards to celebrate the UAE’s 50th National Day. Sign up for a home in one of their leading residential communities between December 25 to 30 December 2021 and enjoy exclusive rent offers and one month rent-free. New tenants have the flexibility to move into their selected unit after 60 days of signing their contract during the campaign period and can pay in up to 12 cheques. With a deferral on the security deposit and waived agency commissions, home-seekers can enjoy great savings to wrap up the…

With ever-evolving technologies, the future is looking bright, and the future of construction is no exception, says Andrew Skudder, CEO of RIB CCS What we have seen over recent years is a surge in technological advancement – from things as simple as digitisation of records to more complex things like building information modeling. With these advancements comes the opportunity for optimisation of productivity and profitability within the construction process. So, let’s take a closer look at two of the technologies with the most potential for this optimisation: mixed reality and artificial intelligence (AI). We’ll cover what they are, how they’re…

Azizi Developments announced a partnership with Tree Ring Floors to supply its WPC Decking and WPC Pergola installations for several buildings in Riviera, the developer’s French Mediterranean-inspired residential and commercial community in MBR City. Tree Ring Floors is a brand that has revolutionised the flooring business by setting new standards and generating value that meets customer demands, using cutting-edge tools and equipment to deliver the best flooring that lasts the test of time. In his comments, Farhad Azizi, CEO of Azizi Developments, said: “Tree Ring Floors, with its exceptional track record and reputation for timely and quality flooring projects, has…

Wasl Properties unveiled its latest development a residential and retail complex Ras Al Khor. Wasl Green Park will consist of 41 buildings comprising 2,527 housing units, ranging from one-, two-and three-bedroom apartments. It will be delivered in three phases, with the first two phases comprising 1,766 units across 27 buildings, whereas the third phase will be launched next year comprising of 14 buildings that constitute 761 units as well as 157,144 square feet of retail space. The project is characterised by the spread of green spaces throughout, in addition to the easy access to Sheikh Mohammed Bin Zayed Road and…

International Holding Company (IHC) has formally agreed the merger of its subsidiary Al Tamouh Investments with Al Qudra Holding. The transaction will be completed through the transfer of shares in Al Tamouh Investments in return for unsecured mandatory convertible bonds issued by Al Qudra Holding. In parallel, the Board of Directors of Al Qudra Holdings has approved a new foreign ownership limit of 30% of outstanding shares, subject to regulatory approvals. Previously, only UAE nationals were permitted to own shares in the company. Syed Basar Shueb, CEO & Managing Director and Board Member of IHC, said: “This transaction brings together two…

Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate has announced a strategic partnership with Huawei, a provider of information and communications technology (ICT) infrastructure and smart devices. According to WAM, the partnership entails the adoption of innovative digital technologies and solutions from Huawei to enable intelligent, connected, and sustainable communications infrastructure, data management, transportation, operations, security and other related services at Dubai South. In his comments, Khalifa Al Zaffin, Executive Chairman of Dubai Aviation Corporation and Dubai South, said, “Dubai’s status as a worldwide communication hub has been activated and achieved through its relentless…

SOHAR Port and Freezone signed a Memorandum of Understanding (MOU) with the University of Technology and Applied Sciences (UTAS) in Suhar which will see the development of an AI Lab on campus. Signed by HE. Dr. Saeed bin Hamad Al Rubaie, Vice Chancellor of the University Technology and Applied Sciences and Omar bin Hamood Al Mahrizi, Deputy CEO SOHAR Port and CEO of the Freezone, the agreement will see SOHAR supply the necessary equipment to develop artificial intelligent technology capabilities to benefit the community as well as improve efficiency within the port and freezone. It is expected that the lab…