Arada has announced the award of three main construction contracts at its two record-breaking projects in Sharjah, Aljada and Nasma Residences. Together the three contracts will involve the construction of almost 800 new homes, all of which are scheduled to be completed by the end of 2019. At Aljada, the 24 million square foot megaproject that is set to transform Sharjah, the contract to build three Areej Apartments blocks was won by Modern Building Contracting Company (MBCC), a major contractor with extensive experience in the UAE and Saudi Arabia. Based within Phase 1, these buildings will together include 366 units.…
Author: Kasun Illankoon
Meydan One, a pioneering, next-generation lifestyle and retail destination, which is currently under development as part of the Mohammed Bin Rashid Al Maktoum City in Dubai, has announced that the project is on track for its launch in early 2020 with 60 per cent of structural work already completed. The Meydan One project is Dubai’s latest centrepiece development aimed at enhancing the emirate’s mall landscape through a wholly reimagined approach that combines retail, hospitality, entertainment and leisure experiences. Speaking on the progress of the project, Fahad Kazim, Vice President – Meydan Malls, Meydan Group, said: “We are changing the way…
Mohammed Bin Rashid Al Maktoum City, District One – part of the master development Meydan – announced the launch of the tallest tower of its prestigious D1 Residences. The 16-storey tower was launched alongside the launch of the 1, 2 and 3 bedroom show apartments held on 11th December 2018 at District One Sales Centre. The event was attended by Senior Management of Meydan Group, dignitaries and Senior Management of Mohammed Bin Rashid Al Maktoum City, District One, media representatives, expert market influencers and other prominent guests. They were treated to a tour of the show apartments as well as a…
Saudia Cargo helped bring the Saudia Airlines sponsored FIA’s Formula-E championship to Riyadh. Saudia, for the first time, is sponsoring the season opening race for the ABB FIA Formula E Championship that will be held, also for the first time, in the historic city of Ad Diriyah, located on the outskirts of Riyadh, from 13-15 of December. The cars, spares and the various equipment were carried from several European destinations into King Khalid Airport in Riyadh, a total of 58 cars aboard several aircraft with a combined load exceeding 220 tons! These heavy loads were carried for the 2018 Saudia…
Agility, one of the world’s largest logistics companies, said it will invest $100 million over three years to launch Shipa.com, a digital logistics platform that lets businesses, entrepreneurs and consumers manage their freight, e-commerce, and urban deliveries online. “Shipa.com makes life easier through technology, whether you are a small business running your supply chain with a few clicks, or a consumer getting your shopping delivered with a few taps on your phone,” Agility Chairwoman Henadi Al-Saleh said. “Shipa.com makes logistics convenient, jargon-free, trackable, accountable and accessible.” Shipa.com’s service lines: Shipa Ecommerce gives online merchants access to some of the world’s fastest…
Dubai-based Trustworthy.ae Group plans to invest $100 million (AED 365 million) in Khalifa Industrial Zone Abu Dhabi (KIZAD), one of the largest industrial zones in the Middle East and a subsidiary of Abu Dhabi Ports, to develop an inland container depot (ICD), a third-party container freight station (CSF) and other port-related services over the next five years. Future investments will entail the development of engineering services, third-party logistics, marine services, retail and hospitality. Construction on the container freight station and inland container depot, which will be developed on a 1.4 million square feet land plot, will commence in January 2019 and…
With residential rental rates in Dubai on the decline, the moving market has been reshaped by a large degree over the last couple of years. ServiceMarket, the UAE’s largest marketplace for moving services, estimates that tenants move every 2-3 years, and recently conducted a survey to find out why Dubai residents moved during the last six months. The study revealed several major shifts in moving trends in Dubai. Here are some of the interesting and surprising findings to help you understand the main reasons for why Dubai residents decided to move. Dubai residents are leveraging lower rent rates to upsize…
Netherlands revealed its pavilion and its theme, ‘uniting water, energy and food’, at an event in Dubai, attended by Hans Sandee, Commissioner General for the Dutch Pavilion at Expo 2020 Dubai, Michiel Raaphorst of V8 architects, Roger Kornmayer of Expomobilia, Steven Delfgaauw of Witteveen+Bos and Mark de Jong of Kossmann.dejong. The interactive event was hosted and moderated by media personality Richard Dean, presenter of The Business Breakfast on Dubai Eye 103.8. “We’re proud of this wonderful design, which shows what the Netherlands is all about,” said Dutch foreign trade and development minister Sigrid Kaag. “Developing unique integrated solutions that create…
ZLT Tower Cranes Pty Ltd (ZLT Cranes), founded by Rob Cook and Mark Bates, has been appointed as the official agent representing Raimondi Cranes across eight African countries from its base in Midrand, part of the Johannesburg municipality in South Africa. Effective immediately, ZLT Cranes will act as the sole Raimondi dealer across South Africa, Botswana, Zambia, Namibia, Mauritius, Mozambique, Zimbabwe, and the Democratic Republic of Congo, presenting the manufacturer’s luffing and topless tower cranes as well as its crane accessories. “ZLT Cranes is dynamic company with considerable market knowledge. This is paired with experience in selling lifting products to…