Mohammed Alabbar-led property developer takes the crown from Saudi Binladin Group.
Author: Paromita Dey
As Genavco prepares to turn 50 next year, Asif Sayeed Khan, General Manager of the plant & equipment division, reflects on the construction machinery distributors growth over the years. General Navigation and Commerce Company (Genavco) is gearing up to celebrate 50 years since its launch as part of the Jumal Al Majid Group in 1967. The construction machinery distributor wants to mark the milestone next year by bringing together customers and a group of partners that has grown to 24 over the years, to thank them for their support. Our existence today is because they have supported us through this…
Parsons and Atkins among leading the companies to design and build infrastructure.
Dubai Real Estate Corporation awards contract for Karama Residential Development.
Companies with over 500 employees will need to hire at least one local.
CNH Industrial has launched a revamped interactive corporate website to showcase its 12 brands in one place. CNHIndustrial.com is designed to provide quick and easy access to corporate and product media content from the company and its brands which span agricultural machinery, construction equipment, commercial vehicles, specialty vehicles and powertrain technologies. The brands are: Case IH, Steyr, Case Construction Equipment, New Holland Agriculture, New Holland Construction, Iveco, Iveco Astra, Iveco Bus, Heuliez Bus, Magirus, Iveco Defence Vehicles and FPT Industrial. While the website serves as a window to the wider public, Newsroom, CNH Industrials new media portal, has been conceived…
The year started badly for Emaar with one of its flagship hotels going up in flames in Downtown Dubai as the world watched on. Less than six months later it was making global headlines for the right reasons as it announced plans to build the worlds tallest tower as part of its enormous Dubai Creek Harbour mega development. That is why Mohamed Alabbar-led Emaar rises three places from last year to top our power list. At 6 square km Dubai Creek Harbour will be over twice the size of Downtown Dubai and include high end residential, hospitality and retail centered…
With the encouragement of the Chinese government and financing assistance from the Export-Import Bank of China, CSCEC branched out as a builder and investor of overseas projects, becoming Chinas largest construction contractor. The company is well known for undertaking super high-rise, super scale construction, cutting-edge and novel projects. CSCEC opened its first overseas office in Kuwait in the late 1970s and has grown from strength to strength in this region ever since and now employs around 15,000 workers. The Yu Tao-led company made its debut in Dubai in 2005 working on villas on Palm Jumeirah. From there the company started…
TAV Construction is a member of the TAV Group, founded in 1997 when two leading Turkish conglomerates, Tepe Group and Akfen Holding teamed up to bid on (and be awarded) the BOT contract for the new Istanbul Ataturk Airport. The immediate aim of the company was to pursue the first airport in Turkey to be developed under privatisation with the BOT model. Meanwhile, the broader vision was to branch out into airport construction, financing, operations and related consulting and management services in the global arena. Since then TAV Construction has worked on 16 airport projects in the MEA region with…
Egyptian Steels new steel plant in Beni Suief has started cold commissioning and will have a grand opening event in September. This plant is the first of its kind in the Middle East and Africa, using ecofriendly technology. Its also the biggest of its kind globally, producing 830,000 tons annually, while the only two other plants in the world using the same technology each produce 250,000 tons only. The plant has put Egyptian Steel on the global map as the biggest manufacturer of green steel, which will be the future of construction. The company has also established Egyptian Cement and…