IMKAN, a globally reputed property developer renowned for creating soulful places that enrich people’s lives, has announced that 2019 is the company’s biggest yet in terms of delivery. IMKAN, a wholly owned subsidiary of Abu Dhabi Capital Group, has a robust portfolio of 26 projects spanning three continents and covering 30 million sqm. Five of these developments are due for delivery this year – three of which are in Abu Dhabi, one in Egypt and one in Morocco. Walid El-Hindi, Chief Executive Officer of IMKAN, said: “It’s a big year for us as we witness five of our developments come…
Author: Kasun Illankoon
The General Authority of Civil Aviation (GACA) has approved Saudi Airlines Cargo Company’s completion for all technical & operational standards achieving high levels of compliance with the global rules & regulations of aviation security & safety by providing it the operating license for ground handling service providers (GACAR 151) during the Global Aviation Summit that occurred in Riyadh under the patronage of Custodian of the Two Holy Mosques, on April 1-2, 2019. On this auspicious occasion Saudia Cargo’s CEO, Omar Hariri thanked the General Authority of Civil Aviation for their trust & consistent support to the Air Cargo & Ground…
International construction and real estate consultancy Drees & Sommer has announced the launch of Dubai-based innovation hub, as it looks to expand its research and development (R&D) efforts across the Middle East. The new regional innovation hub provides a collaboration platform to support the company’s 3,200 employees and external start-ups by identifying market gaps and devise tangible solutions to everyday challenges faced by the industry in verticals including planning, construction and operations. The idea behind the hub is to bring simplification to processes, cost-effectiveness, process streamlining and solution provision to different challenges. The Dubai launch follows the successful implementation of…
We caught up with Mustafa Caner Sinanoglu, Managing Director, Ford MEA, about their truck operation in the Middle East and about their latest award winning truck the F-Max Ford Trucks have been in the UAE market now for the last five years and it has seen steady growth since then. The growth is not just in the UAE but in the Middle East and GCC region as well. According to Mustafa Caner Sinanoglu, Managing Director – Ford MEA they are estimated to have around two to three per cent market share and in some market they have around 10 per…
Dubai’s Roads and Transport Authority (RTA) has recently opened five temporary Trucks Rest Areas on several Dubai highways. The first of these five rest areas is located on Sheikh Mohammed bin Zayed Road in the direction of Abu Dhabi at Nad Al-Sheba, and two rest areas on Emirates Road; one in the direction of Dubai at Warsan, and the other in the direction of Abu Dhabi at Al Tay. The fourth is on Al Ain-Dubai Road at Al Lisaili and the fifth on Lehbab Road at Al Lisaili. “In line with RTA’s plan to enhance highway traffic safety, RTA had…
On a 40-hectare quarry in East Java, Indonesia, an SDLG L956F wheel loader is hard at work moving large quantities of material for road contractor PT Gorip Nanda Guna. The reliable and fuel-efficient wheel loader is helping reduce operating costs at the quarry. “We have a huge quarry and our project will take at least 10 years to complete. Therefore, it is very important for us to choose the best and most efficient machines to work on site which is why we chose SDLG’s L956F wheel loader,” said Gorip, owner of PT Gorip Nanda Guna, which also owns the quarry.…
The General Authority for Entertainment has indicated that the entertainment sector needs 267 billion SAR to build suitable infrastructure for entertainment across the Kingdom, with expected investments in the entertainment sector to reach 18 billion SAR annually, according to a 2018 report from Flanders Investment and Trade. Vox Cinemas, a subsidiary of UAE based Majid Al Futtaim, was awarded the second license to open cinemas in the Kingdom. The company also plans to invest 2 billion SAR in 600 screens over the next five years, which Saudi officials estimate will bring the total number of cinemas in operation to as…
The Iraq Container Terminal (ICT) at Umm Qasr Port in southern Iraq, operated by Gulftainer, has achieved a major milestone, registering container volume of two million twenty-foot equivalent units (TEUs) since Gulftainer started its operations in the region less than nine years ago. Gulftainer was the first foreign investor to launch a joint venture with the General Company for Ports of Iraq (GCPI) in Umm Qasr Port, starting operations at the Iraq Project Terminal on Berth 8 in the South Port in August 2010, followed by ICT on Berth 11 in the North Port in 2012. The company has invested…
Aswaq Management Services (AMS) has been appointed by Abu Dhabi-based real estate developer, IMKAN, to manage commercial leasing across its UAE flagship developments; including Sheikha Fatima Park and The Artery at Makers District. Sheikha Fatima Park, a 46,000-square-metre park, is currently under redevelopment and is set to open to the public at the end of 2019. The urban park is envisioned as a multifaceted space, designed around the wellbeing of the community. AMS is looking to place a mix of innovative, home-grown, active retail concepts along with a large F&B offering in this beautiful outdoor park; catering to visitors of…
Today the Kingdom of Saudi Arabia unveiled the design of its pavilion at the Expo 2020 Dubai. The pavilion will be second in size only to that of the UAE pavilion, covering an area the size of two football pitches. The distinctive and memorable pavilion symbolizes the nation’s welcoming character, long heritage and unlimited drive. The facade opens like a large window into the future, soaring into the sky and reflecting a society deeply rooted in its culture with unlimited ambitions. Balancing the richness of the nation’s history, culture and natural wonders with the boundless energy and creativity of its…