In the run-up to the IAA in September 2019 in Frankfurt, technology company Continental will be presenting numerous innovations that reflect the three major trends of the industry summit, all under the tagline of “Mobility is the Heartbeat of Life.” “Zero accidents, zero emissions and zero stress thanks to smart connectivity and convenience: this is what our pioneering technologies are helping to realize. Technology is our strength and is an area in which Continental has an outstanding level of expertise,” says Dr. Elmar Degenhart, chairman of the Continental Executive Board. In the past year alone, the company has invested more…
Author: Kasun Illankoon
Strata Manufacturing, the advanced composite aero structures manufacturing company wholly-owned by Mubadala Investment Company PJSC, is to expand its current manufacturing facilities to on board the assembly of the Boeing 787 Dreamliner vertical fins. The modifications to Strata’s existing facility at Nibras Al Ain Aerospace Park follow an agreement signed by the two aircraft manufacturers at Farnborough Airshow 2016. Under the agreement, Strata will replicate the capabilities of the Boeing Salt Lake City 787 vertical fin assembly line to sub-assemble vertical fins for the Dreamliner family of airplanes from its Al Ain facility. “As a home-grown manufacturing company and an…
The annual list of the Middle East’s Top 60 most prominent contractors, real estate developers, consultants, facilities management companies features more than 11 new entries from across the region, putting in the spotlight the current improving outlook of the sector. These new entries have altered the entire corporate dynamics of the Power Hour 2019. We revealed who got ranked 21 to 25: 21. Stuart Harrison, CEO of Emrill Stuart Harrison has over 27 years’ experience in a range of technical, operations and senior business roles, across a variety of projects in facilities management, construction and engineering, including managing services…
Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, together with the Cuban Ministry of Energy and Mines and International Renewable Energy Agency (IRENA), today inaugurated a new 10 megawatt (MW) solar PV project. The grid-connected project was financed by ADFD with US$15 million under the IRENA/ADFD Project Facility and will deliver enough electricity to power the equivalent of nearly 7,000 Cuban homes. The solar PV project contributes to the Cuban government’s national objectives to reduce the use of fossil fuels for electricity generation and increase the share of power from renewables to 24 per…
The annual list of the Middle East’s Top 60 most prominent contractors, real estate developers, consultants, facilities management companies features more than 11 new entries from across the region, putting in the spotlight the current improving outlook of the sector. These new entries have altered the entire corporate dynamics of the Power Hour 2019. We reveal who got placed from Ranking 11 to 15 below: 11. Mustafa Sani Sener, CEO and President TAV Group Dr Mustafa Sani Sener has been the CEO, president, and executive director of TAV since 1997. Sener assumed various positions from project manager to general manager…
The annual list of the Middle East’s Top 60 most prominent contractors, real estate developers, consultants, facilities management companies features more than 11 new entries from across the region, putting in the spotlight the current improving outlook of the sector. These new entries have altered the entire corporate dynamics of the Power Hour 2019. We reveal who got placed from Ranking 16 to 20 below: 16. PNC Menon, Founder and Chairman of Sobha In line with their mandate, Sobha Realty looks at delivering exceptional products and services like no other to their clients and all operating markets. This…
SNC-Lavalin is pleased to announce that it has been awarded a three-year Master Services Agreement by Emirates Global Aluminium (EGA) to provide engineering and project management support services to complement its existing resources in delivering operations capital projects at EGA’s Al Taweelah and Jebel Ali smelter Complexes, and Al Taweelah alumina refinery. Under this agreement, SNC-Lavalin will provide integrated engineering services covering all multi-disciplinary aspects related to power plant, energy distribution, water desalination, aluminum smelting, casting and carbon plants of EGA’s Al Taweelah and Jebel Ali smelter complexes. This mandate will also include delivering multi-disciplinary engineering services pertaining to Al…
On July 2nd, the Dubai Land Department (DLD) unveiled The Real Estate Investment Opportunities (REIOs) initiative as a catalyst for Dubai’s real estate sector based on the outcomes of the Innovation Lab 2018. Under this initiative, a number of transformational investment options will be made available including collective real estate investment funds, partial title deeds procedures to register units owned by a number of partners, a lease-to-own system and investment portfolio applications. Leading Property Management Company Provis believes this initiative is a great step forward in the evolution of the sector. Provis Executive Director, Sameer Barakat, commented, “The UAE property…
A delegation from Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, participated in the official inauguration of the final phase of its funded projects in the Albanian capital Tirana, valued at AED240 million (US$65 million) – the Tirana Northern Boulevard and Tirana River Rehabilitation projects. Adel Al Hosani, Director of Operations Department at ADFD, led the ADFD delegation to the event that also drew the participation of His Excellency Erion Veliaj, Mayor of Tirana, His Excellency Mohamed Mir Abdullah Yousef Al-Raisi, UAE Ambassador to Greece and non-resident Ambassador to Albania, and several senior Albanian…
The annual list of the Middle East’s Top 60 most prominent contractors, real estate developers, consultants, facilities management companies features more than 11 new entries from across the region, putting in the spotlight the current improving outlook of the sector. These new entries have altered the entire corporate dynamics of the Power Hour 2019. We reveal who got placed from Ranking 6 to 10 below: 6. Eng Fakher Al Shawaf, General Manager, Al Bawani Company The name behind the success story is the director general of the Al Bawani Group and the general manager of Al Bawani Company, Eng Fakher…