By Amer Khansaheb, Board member & Managing Director, Union Properties PJSC Dubai –UAE, the gleaming gem of the Middle East, has long been associated with grandeur and ambition, and its booming economy has seen a significant influx of Foreign Direct Investment (FDI). Its famous skyline, dotted with towering skyscrapers and innovative architectural marvels, attests to the city’s unwavering quest for quality, as evidenced by the increasing demand for its commercial and residential properties. We have long witnessed a continuous influx of foreign investors looking to buy properties as the Emirate’s Real Estate Market offers an exceptional return on investment…
Author: Kasun Illankoon
ROSHN’s aim to contribute to the development of the Kingdom’s real estate sector through an ambitious agenda of localisation and job creation. ROSHN provides aspirational living, presenting a complete city experience in a community that boasts unique designs and an array of facilities. Construction Business News me had an opportunity to sit down with David Grover, ROSHN’s Group CEO, to discuss about their participation at Cityscape Global KSA, their recent projects, and the opportunities arising in the Kingdom.
Construction Business News ME is set to host the 7th edition of the Construction Innovation Awards 2023 on October 24th at Sofitel Dubai the Palm. Construction Innovation Awards 2023 is one of the leading events applauding the achievements of the region’s construction, design, architects, and sub contractor, professionals .The awards strive to recognise individual excellence, corporate strengths, and project success. Companies are invited to nominate the people, projects, and initiatives of which they are most proud of. To find out more information about the awards, click here: https://cbnme.com/construction-innovation-awards-me-2023/ Here are the judges: Cristina Savian CEO and founder, BE-WISE…
Affordable luxury residential developer, Pantheon Development, today broke ground for their latest residential development in Jumeirah Village Circle (JVC), the AED 150 million Elysee Heights. The G+4P+11 project coming up in District 15 of JVC will be spread across an area of 200,000 Sq.ft. “Elysee Heights is yet another innovative residential project from Pantheon, endorsing the significance and value of the niche of affordable luxury we continue to focus and nurture ever since our inception,” said Kalpesh Kinariwala, Founder of Pantheon Development at the ground breaking ceremony. The ceremony was attended by representatives of the main contractor, Al Serh Al…
Global multidisciplinary engineering company KPM Engineering (KPM) has appointed Brian Sweeney as director of projects. Sweeney will enhance KPM’s project management proficiencies and engineering service delivery across key sectors and projects in the Middle East. In his new role, Sweeney will work closely with project teams, clients and stakeholders to coordinate the delivery of regional and international projects and further streamline KPM’s operations. With over 20 years’ experience in engineering and project management roles in the Middle East and the UK, Sweeney is a qualified structural engineer with extensive experience managing high-profile projects within mixed-use, commercial, residential, government, healthcare, transportation, education, and…
Retrofitting buildings using a digital-first approach is the best pathway to decarbonization, according to new research from Schneider Electric, the leader in the digital transformation of energy management and automation. Buildings represent an estimated 37% of global carbon emissions, and as about half of today’s buildings are still likely to be in use in 2050, the sector must urgently reduce operational carbon emissions, by making buildings more energy efficient. The research findings show that deploying Schneider Electric’s digital building and power management solutions in existing office buildings could reduce their operational carbon emissions by up to 42% with a payback…
His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister, and Chairman of Soudah Development has launched the masterplan to develop Soudah and parts of Rijal Almaa into Soudah Peaks – a luxury mountain tourism destination set 3,015 meters above sea level on Saudi Arabia’s highest peak. Situated within an extraordinary natural and cultural environment in the Aseer region (southwest Saudi Arabia), the project is a key part of the Public Investment Fund (PIF)’s efforts to diversify the economy by expanding vital industries such as tourism, hospitality, and entertainment, and supporting Aseer development strategy. HRH Crown…
The Qatar construction sector experienced a slowdown in major project development after the 2022 FIFA World Cup, however its growth rate is expected to rise by 9.5 percent between 2023 and 2030, according to Turner & Townsend’s Qatar Market Intelligence Autumn Q3 2023. In 2023, the sector realigned with the government’s National Vision 2030 targets for transport and culture. Looking ahead to 2030, ongoing activity across the Middle East region, particularly in the Saudi Arabian construction market, will see Qatar compete for labour and resources and this will impact construction cost escalation in the near future. Doha is currently the most expensive location…
London Gate, a distinguished name in the realm of real estate development, is delighted to unveil a captivating array of forthcoming projects poised to revolutionize the landscape of luxury living in Dubai. With an unwavering commitment to seamlessly merging the timeless allure of London with the dynamic urban fabric of Dubai, London Gate continues to shine as an exemplar of ingenuity and craftsmanship within the real estate sector. The anticipation is prominent as London Gate prepares to commemorate the imminent completion of several groundbreaking ventures. Among these, the eagerly anticipated ‘Maya V’ development is entering its final stages, ready to…
Adeeb Group, a renowned leader in FM services, proudly announces their latest achievement – securing the prestigious ‘Best Contractor HSE Performance for 2023’ award from ADNOC! This esteemed recognition underscores Adeeb Group’s unwavering dedication to safety and its relentless pursuit of excellence in delivering top-tier services at the renowned ADNOC Facility. The award was presented to Adeeb Group at the ADNOC Group B&S Annual Contractor HSE Forum, where industry leaders and stakeholders gathered to celebrate outstanding achievements in health, safety, and environmental performance. Dr. Ansari, Group CEO of Adeeb Group, acknowledged that this remarkable accomplishment was made possible by the…