The Q3 2023 real estate report by Asteco, the UAE’s leading full service Real Estate company, highlights that Abu Dhabi’s residential sales market is poised for an anticipated growth in the coming months, while Dubai’s real estate landscape remains marked by an ongoing momentum, defined by a continuous stream of new project launches. This growth is attributed by increasing housing demands across diverse segments of the population and supported by proactive government initiatives geared towards fostering the expansion of the real estate sector. Abu Dhabi Residential and Office Market According to the report, the Abu Dhabi real estate market saw…
Author: Kasun Illankoon
AtkinsRéalis (TSX: ATRL), a fully integrated professional services and project management company with offices around the world, has been awarded the Great Place to Work® certification by the Great Place to Work® Institute for the first time in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA). A global authority on workplace culture, the Great Place to Work® Institute have surveyed more than 100 million employees around the world and used deep insights to define what makes a great workplace since 1992. The institute leads the industry with the most rigorous, data-based model for quantifying employee experience:…
Al-Futtaim IKEA, the region’s leading Swedish home furnishing retailer, today unveiled a 30-meter-long community table to celebrate Dubai Design Week. Made out of used furniture that would otherwise go to the landfill, the table will be open for public use from November 7th to the 12th in Dubai Design District. Not only is the community table a bold piece of art, but it is also functional, well-designed and signifies Al-Futtaim IKEA’s unwavering dedication to the Year of Sustainability, Innovation and the path leading to COP28. Thoughtfully designed and curated by IKEA designers and co-created with Adimas Bayu, an illustrator…
On November 1st, 2023, Abu Dhabi Airport Terminal A was officially operational. As one of the key infrastructure projects of Abu Dhabi Vision 2030, the new terminal will greatly expand Abu Dhabi Airport’s operational capacity to 45 million passengers annually, handling 11,000 passengers per hour and accommodating 79 passenger planes at the same time, injecting new vitality into the city connecting Europe and Asia. As one of the few companies with the ability to build complex projects, CSCEC ME stood out from its international competitors and took on three important packages of steel structure construction, MEP installation and several airport…
Citi Developers, a global master developer with a legacy of over a decade of trust and quality is bringing their industry expertise to the UAE. Their visionary approach in the Emirates aims to remain true to its global standard, thereby reshaping the property landscape and enriching communities across the United Arab Emirates (UAE). With an impressive track record of developing over 450 Million square feet of prime real estate, building over 350,000 homes, and serving a network of 500,000 esteemed clients across the globe, Citi Developers have solidified its position as a master developer that has a keen eye for…
ROSHN Group, Saudi Arabia’s leading national real estate developer and PIF-owned giga-project, has signed a membership agreement with Bayan Credit Bureau, a leading provider of local and global credit reports in more than 180 countries. This agreement aims to enhance the process of obtaining comprehensive credit, financial, and commercial reports about potential clients and partners. This step is part of ROSHN’s efforts to ensure making informed and responsible partnership decisions in line with its core institutional values of trust, integrity, and responsibility. The agreement was signed by Iain Mcbride, Head of Commercial at ROSHN Group, and Talal Alshehri, Chief…
Magnom Properties, a subsidiary of Saudi Arabia’s Rawabi Holding, has partnered with Designworks, a BMW Group Company, to launch an emotionally engaging experiential design for the façade of its upcoming Forbes International Tower, a futuristic, lifecycle net negative carbon commercial tower planned in the UAE, Saudi Arabia and Egypt. An agreement to this effect was signed between the two entities at BMW Welt in Munich, Germany. Built in partnership with Forbes and placing itself at the forefront of the sustainable design movement, the Forbes International Tower will be the first project of this scope in the Middle East for Designworks,…
Daikin Middle East and Africa FZE (“Daikin”), a leading manufacturer of Air Conditioning, Heating, Ventilation, & Refrigeration solutions is pleased to announce the appointment of Hasan Onder as President of the Daikin Middle East and Africa Region in addition to his responsibility in Türkiye and CIS regions. He has served as the CEO of Daikin Türkiye since 2011 and in his expanded role, Hasan Onder will also assume the role of President of Daikin Middle East and Africa, covering a wide geographic scope as part of Daikin’s emerging markets expansion strategy. Hasan Onder started as an entrepreneur in 1999 by…
NEOM Green Hydrogen Company (NGHC), the company that is building the world’s largest green hydrogen plant, has received its first delivery of wind turbines at the Port of NEOM in northwest Saudi Arabia. A milestone in the construction and development of the mega project, the first set of wind turbines was successfully delivered on October 8, and are now being transported via road to the Wind Garden site near Gulf of Aqaba where they will be assembled and installed. Additional turbines are expected to be delivered by the end of the year, with NGHC’s Wind Garden ultimately featuring more than 250…
Dubai Cares, part of Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), recently partnered with ALEC, a leading construction and related businesses company in the GCC and Africa, to revamp the classrooms and the playground areas at the National Charity School for Girls and Boys in Ajman. Students at the school will now have access to facilities that incorporate engaging teaching aids, including essential furniture such as desks and chairs, which will enhance the quality of their learning experience. Completed by more than 150 volunteers, including ALECs employees, the refurbishment project was carried out as part of Dubai Cares’…