Author: Jochebed Menon

Luxhabitat Sotheby’s International Realty has been appointed by wasl Asset Management Group for the sales of 1 Residences, a luxury residential complex within the wasl1 master development. The elegantly designed complex has been envisioned to meet the most discerning demands of potential investors and new homebuyers, offering a ready-to-move-in development in the heart of the city. George Azar, Chairman and CEO of Luxhabitat Sotheby’s International Realty said: “Several initiatives from the UAE government in providing unrivalled stability to weather globally impactful events have turbocharged an influx of new investors. “The continued global interest in Dubai will result in the rise…

Al Seer Marine PJSC (ASM), a global player across multiple marine sectors and subsidiary of International Holding Company (IHC), has acquired two Very Large Crude Carriers (VLCC) for its growing fleet. With a total value of Dhs404 million, the crude oil tankers, MV Twin Castor and MV Twin Pollux, each have a carrying capacity in the upper range of 320,000 deadweight tonnage (DWT), allowing for crude oil cargo, provisions, lubricant, and fuel. Under current market conditions, these newly acquired tankers are expected to provide estimated returns of more than 20%. This is largely due to a forecasted global increase in…

Hermes Logistics Technologies (HLT) has completed phase one of its digitalisation collaboration with ground handler dnata Singapore, with the successful implementation of its Hermes NG Ecosystem at Changi Airport. Now live, Hermes NG is steering all cargo-related operations at the handler’s Singapore base as the first phase of a digitisation programme, with the second phase soon to follow. “Since implementation, the Hermes NG Ecosystem has already successfully processed more than fifty million kilogrammes of cargo, more than 3,000 flights, 20,000-unit load devices, and 50,000 air waybills at the airport,” said Yuval Baruch, Chief Executive Officer, HLT. Phase one of the…

Amazon launched the latest iteration of its global Delivery Service Partner programme that empowers local entrepreneurs to set up and manage their own logistics businesses delivering Amazon packages. Saudi Arabia is the first country in the region to host the flagship programme, which will be expanded to cover the MENA region at a later stage. Launched in collaboration with Monsha’at – the General Authority for SMEs, it aims to establish more than 30 new local start-ups and create hundreds of job opportunities within the local logistics sector during the programme’s first three years. Saudi entrepreneurs who join the Delivery Service…

SOHAR Port and Freezone has signed an agreement with C. Steinweg Oman LLC (CSO) which will see the General Cargo Terminal Operator expand its storage area with 27 hectares (270,000 sqm), to anticipate further growth, amongst others to facilitate the growing demand for minerals. The expansion agreement represents a further investment in SOHAR Port and Freezone by the C. Steinweg Group and further strengthens SOHAR’s position as the leading export facility for minerals. The new storage facilities are expected to be completed in four months and fully operational in Q4 2022. Mark Geilenkirchen, CEO of SOHAR Port and Freezone, said,…

Cartlow, a reverse logistics platform in UAE and KSA, has raised USD18 million in Series A round. This investment will boost Cartlow with the ability to further expand its operations and services in Saudi Arabia and the UAE, optimise technology and contribute to decarbonisation in the economy. The round was led by Cartlow’s strategic partner, AlSulaiman Group (ASG), which is a Saudi Arabia based group with investments in various sectors including omni-channel retail, logistics, and eCommerce. Cartlow began as a reCommerce platform which then grew to become a leading cloud base technology platform in UAE and KSA, offering SaaS (Software…

Back to Powerlist Mohammad Abdul Karim Khamis is a young Emirati from Dubai and one of the visionaries, energetic and respected facilities management experts in the UAE marketplace. He completed his graduation of Bachelor in Civil Engineering & Master’s in Strategic Management as well as a certified professional in Owner Association by the Real Estate Regulatory Authority RERA, well trained in Sustainability Facility Professional (SFP) from International Facilities Management Association (IFMA) in New Orleans, Louisiana USA and Facilities Management Transformation from Middle East Facilities Management Association (MEFMA) which helped him to have overall 15 years hands on experience in Operational…

Back to Powerlist With a master’s degree in engineering, Ansari entered the working space as a humble engineer in the UAE 30 years ago and has earned his way to be designated as the Chief Executive Officer of Adeeb Group. Ansari experience over the years has ranged in serving numerous clients in industries such as construction and Facilities Management. These years of gaining knowledge have helped to attain the Fellow membership status in IWFM (Institute of Workplace and Facilities Management). As the CEO of Adeeb Group, Ansari is tasked to ensure sustainable growth of the company and fueling the Facilities…

Back to Powerlist BK Gulf Facilities Management (BKG FM) is recognised as a truly integrated facilities management service provider. The ability to undertake specialized engineering services, based on local and international standards and supported by certified, qualified, experienced staff, has been the result of achieving a strategic objective of distinguishing themselves by offering engineering services on par with traditional MEP companies, but within a facilities management service delivery methodology and framework. For BKG FM, 2021 continued to be a success with new and key contract wins, including clients like The Accor Group, Brightstart, Etihad Arena, Jumeirah Group and Multiplex. The…

Back to Powerlist With more than twenty years of experience working in the GCC’s facilities management industry, Mohamad held senior positions in various local and multinational organisations. He is known for his passion towards his customers and the service quality delivered to them. Mohamad has a proven track record in implementing international best practices, improving safety standards, increasing profitability and driving efficiency. For the past four years, Mohamad has held the position of CEO at Deyaar Facilities Management and is also the recipient of CEO of the Year 2021 by CBN ME. He says: “At Deyaar FM our aim is…