CASE Construction Equipment announces the appointment of Nicola D’Arpino as Head Sales and Marketing for Europe. Following a 16-year career within the CNH Industrial Group, D’Arpino brings a wealth of knowledge to this role from his work within the construction industry. D’Arpino will succeed Jose Cuadrado, as Cuadrado moves to take the position of VP in After Market Solutions for CNH Industrial. D’Arpino’s appointment follows the changes to CNH Industrial’s Global Executive Committee in January 2019, as it enhances the organisational structure to focus on five global operating segments: construction, agriculture, commercial and specialty vehicles, powertrain and financial services. The…
Author: Kasun Illankoon
Growing investment opportunities across global property markets, especially Europe and South East Asia, combined with the increasing wealth among GCC investors are driving investments from the region.
Ayana Holding, a UAE-based real estate focused conglomerate, says it is setting up Ayana Properties to target individual and institutional investments into the UK and other growing markets.
“Diversification, the growing number of the wealthy from the GCC, the potential long-term gains from property investments in key global centres are all fueling investments from the region. With Ayana Properties, we plan to leverage on our global presence and connections to facilitate some of the best deals to our clientele from the region,” says Hamid Kerayechian, CEO & Founding Partner of Ayana Holding.
With properties worth USD 30 billion on display, Sheikh Mohammed bin Khalifa Al Maktoum, the Chairman of Dubai Land Department (DLD) inaugurated Dubai Property Festival (DPF) on 26th March 2019 at Dubai World Trade Centre. The inauguration also witnessed the presence of HE Sultan Butti bin Mijrin, Director General, DLD, Majida Ali Rashid, CEO of DLD’s Real Estate Investment Management and Promotion Sector, HE Mohamed ben Saud Al Ghezwani, Undersecretary of the Ministry of Housing of Real Estate Development and General Supervisor of the Wafi program, KSA and HE Fatna Lkhiyel, Secretary of State for Housing Ministry of National Planning…
With more than 1,700 projects worth USD 1 trillion, China’s ambitious One Belt, One Road Initiative aims to positively impact 4.4 billion people, or 65 percent of the world’s population that equals to about 40 percent of the global gross domestic product (GDP). Spanning across to 70 countries across Asia, Europe, Africa, and Oceania, the One Belt, One Road Initiative has been allocated over $340bn in construction contracts secured by Chinese companies. These statistics were released in conjunction with the upcoming Annual Investment Meeting which will be held from 8th to 10th April in Dubai focusing on ‘Mapping the Future…
Manitowoc Cranes has appointed a new Potain self-erecting crane dealer, Leavitt Cranes. The company will sell and support the cranes in Washington and Oregon, as well as providing consultation and training. The Washington-based company, a division of Pacific Northwest Company, has an extensive history of equipment sales and rentals in the region, which will enable it to leverage an already diverse customer base and years of sales, service and training experience for Potain customers. Erick Zampini, general manager at Leavitt Cranes, said that the company is focused on continually improving all aspects of its business, which includes adding quality…
DHL Global Forwarding, the leading international provider of air, sea and road freight services, has appointed Usam Alyasin and Ingo-Alexander Rahn as Country Manager in Iraq and Turkey respectively. Both of them will report to Amadou Diallo, CEO, DHL Global Forwarding Middle East and Africa.
HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Dubai’s Roads and Transport Authority (RTA), announced that work completion on the expansion of RTA’s Smart Traffic Systems Project has reached 23%. The Project is undertaken under the implementation of the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, to broaden the scope of smart traffic systems in support of ranking Dubai as the smartest city worldwide. Hence, it entails using smart technologies to ease people mobility in Dubai. Al Tayer made such announcement…
2019 has witnessed a number of significant real estate transactions in the GCC with the latest AED 289 million sale of Al Murjan, a residential tower in Abu Dhabi, showcasing renewed investor interest for high quality assets, says leading real estate firm JLL. In what represents the second large regional transaction JLL has advised on this year, the recently announced sale of Al Murjan by Aldar Investments is another indication of the availability of capital in the market and the search amongst both private and institutional investors for institutional grade and stable income generating real estate assets. This transaction follows…
LiuGong has won an award in the Red Dot Award: Product Design 2019. LiuGong’s motor grader 4180D received the Red Dot, which the renowned jury only awards to products that feature an outstanding design.
DGWorld participated at the launch of second edition of UAE AI Camp. His excellency Omar Sultan AlOlama, Minister of State for Artificial Intelligence, said that the UAE Government adopts the uses of artificial intelligence technologies in the education sector in order to build abilities and skills of future generations and enhance their educational experience. This came during the launch of UAE AI Camp second edition, in the presence of officials from federal and local government entities and senior executives from leading international companies in the technology sector. His excellency Omar Sultan AlOlama, stated: “The artificial intelligence sector is witnessing a…