The Construction Innovation Forum 2019 is set to take place on 1st May, 2019 at Fairmont the Palm Dubai. Construction industry leaders from the country will gather together at this prestigious event to discuss the various topics related to the construction industry. To register for this event you can do so here: http://bit.ly/2Gr1wqn There will be three panel discussions taking place: http://bit.ly/2J2Egla If you would like to find out more about the speakers speaking for the below topics you can do here: http://bit.ly/2UMy9bQ How can BIM help in creating the optimum building design? Contractors and companies that all simultaneously plan,…
Author: Kasun Illankoon
His Excellency Sheikh Hamdan bin Mubarak Al Nahyan, Chairman of NCT&H said: “I strongly believe in the Abu Dhabi and UAE economy. The community and tourism development is a key aspiration of the UAE and Abu Dhabi Governments and these residential and leisure projects will respond to both local and international market demands. Thus NCT&H continues to deliver the UAE’s vision of a happy, confident and efficient society by ways of modern infrastructure.” The modern and cosmopolitan city of Abu Dhabi will soon add to its diverse culture two new exciting residential and hotel developments, developed by National Corporation for…
DAMAC Hotels and Resorts, the hospitality arm of DAMAC Properties, signed a key partnership agreement with Rotana Hotel Management Corporation, a leading regional name in hospitality, on the opening day of the 26th Arabian Travel Market, the region’s premier international travel and tourism event. Under this agreement, DAMAC Towers Arjaan by Rotana, Riyadh, an architectural landmark in the heart of Riyadh, featuring luxury hotel apartments furnished by Fendi Casa, will be operated under the Arjaan Hotel Apartments by Rotana brand. Ali Sajwani, General Manager of Operations at DAMAC, said, “Our partnership with Rotana will help us realise our vision of…
Emirates, Premier Partner and the Official Airline of Expo 2020 Dubai, today unveiled the design and visitor experience concepts of its ultramodern pavilion for the 6 month mega-event. The Emirates Pavilion’s design and visitor experience will utilise interactive technologies and design-thinking focusing on the future of commercial aviation. Emirates has already broken ground on the pavilion and construction began in March 2019. His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline & Group said: “We are incredibly proud to unveil the first details of the Emirates Pavilion today, which celebrates the themes of Expo 2020…
Momentum Logistics, a subsidiary of Gulftainer, the world’s largest privately-owned independent port operator based in the UAE, marked 10 years of operations as a leading third-party logistics (3PL) services provider based in the UAE with a presence across global markets. Momentum Logistics offers an integrated suite of supply chain management solutions including transportation, freight forwarding, warehousing, logistics cities and container services. The company has over 500 clients that benefit from its customer-centric approach, outstanding service and competitive pricing. Speaking on the milestone, Stuart Mainland, General Manager of Momentum Logistics, said: “We consistently look for new ways to enhance our operational…
Danube Properties today achieves the completion of 454 units in Starz and pre-completion of 426 residences in Glamz – its fifth and sixth residential projects – that is being celebrated at a glittering ceremony with a series of laser shows and fireworks that light up the sky. Both the projects – Starz and Glamz – were launched and sold out in 2016 and completed in record time in 2019 that reflects the developer’s strong commitment to customers. Once the planned hand-over of 880 units in Starz and Glamz are completed, Danube Properties will have delivered 1,711 residential units, worth Dh1.69…
Samana Developers, a Dubai-based developer, announced the launch of a new project, Samana Hills – a Dh100 million property that will host 200 residential units – in the heart of the Arjan community near Miracle Gardens. The residential units, which will soon go on sale with prices starting at Dh399,000 for studios and Dh599,000 for one-bedroom apartments, comes with a very convenient payment plan of 1 percent per month payment scheme for 90 months, following 10 percent down-paymentonpurchase. Samana Hills will be located opposite Dubai Hills Estate at the heart of Arjan. The five-storeyed project consists of 205 residential units,…
DAMAC Properties announced the awarding of multiple contracts worth AED 430 million, as it moves ahead with key UAE projects. The contracts, awarded in the first quarter of 2019, range from large construction works at DAMAC’s second master community, to final touch-ups for developments that are near completion in the UAE. DAMAC awarded 41% of contracts for works at their master development AKOYA, while 16% of contracts were awarded for DAMAC Hills. Consecutively, 4% was awarded for the final works on Ghalia Tower, the first Sharia-compliant luxury furnished apartments, 12% for the completion of DAMAC Towers by Paramount Hotels and…
DP World PLC handled 17.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2019, with gross container volumes declining by 0.6% year-on-year on a reported basis. Gross like-for-like volumes declined by 0.7% in 1Q2019 due to the higher year-on-year comparables (1Q2018 like-for-like volumes grew 8.4%), and softer volumes in the UAE and Australia. The UAE handled 3.5 million TEU in 1Q2019, down -8.8% year-on-year, due to the challenging macroenvironment and loss of lower-margin cargo. Growth in Americas, Africa and Indian Subcontinent was robust with strong growth in Callao (Peru), Sokhna (Egypt)…
Ellington, Dubai’s leading design-led property developer, has marked the ground-breaking ceremony for its new residential destination, Wilton Park Residences in Mohammed bin Rashid Al Maktoum City (MBR City), the residential, leisure, retail and arts destination. Wilton Park Residences is the second project by Ellington in MBR City, having earlier launched Wilton Terraces to overwhelming investor response. Set to deliver a serene lifestyle environment for people who value tranquillity and privacy, the new Wilton Park Residences will be defined by lush parklands and green areas surrounding it. At a ceremony held at the project site, Robert Booth, Managing Director of Ellington,…