ASTAD Project Management was founded in 2008 as an equal partnership between Qatar Petroleum and Qatar Foundation for Education, Science and Community Development. Since then the company has worked on major projects exceeding a total value of QAR 100bn $27bn). The Ali Al-Khalifa-led company sees it as part of its mission to support Qatars national development and the countrys 2030 Qatar National Plan. As such it has worked on many of the fast growing nations most iconic projects. Beginning with Education City it went on to play a role in The Museum of Islamic Art, the Qatar National Convention Centre, Museum of…
Author: Paromita Dey
Covering building, civil infrastructure, plant, housing and development, in the Middle East Samsung C&T has worked on Burj Khalifa, Cleveland Clinic Abu Dhabi, Saudi Qurayyah IPP and Qatar Lusail Riyadh Metro, plus others. In addition to its civil infrastructure, plant and housing projects, Samsung C&T is a specialist in skyscrapers having successfully built three of the worlds tallest skyscrapers: Burj Khalifa, Petronas Twin Towers, and the worlds tallest greenest building, the Taipei 101. On 1 September 2015, Samsung C&T Corporation and Cheil Industries completed a merger, under the terms of which the new Samsung C&T consists of four business groups:…
Dubai Properties Group (DPG) is one of the largest real estate development and management businesses in Dubai, encompassing residential, retail, commercial, and staff accommodation. DPG focuses on a broad range of real estate services, which includes the planning and development of renowned destinations in Dubai through Dubai Properties, and asset management through Ejadah. Last August Abdullatif AlMulla was appointed the new group CEO and the group has announced a number of new projects under his leadership. To date, the portfolio includes high profile projects like Business Bay, Culture Village, Jumeirah Beach Residence, and DUBAILAND, however the most significant project announcement…
Winner of the Supplier of the Year category at the Construction Innovation Awards Qatar 2015, BASF is a leading chemical company that creates chemistry for a sustainable future. By combining economic success with environmental protection and social responsibility, the German company caters to complex customer needs in numerous sectors through specialized chemicals, performance products, functional materials and solutions, agricultural solutions and O&G. BASF has been customizing their expertise for the Middle East for over five decades through local business partners. The company sees tremendous opportunity to expand its footprint in the region, given its rapid infrastructure evolution, heavy project pipeline…
Aldar Properties is the leading real estate developer in Abu Dhabi with $10bn in assets while the company plans to invest AED 5.2bn ($1.4bn) over the next two years to close out large projects and build infrastructure for new projects. The company that developed Ferrari world as well as the Yas Marina Formula One circuit in Abu Dhabi unveiled the $1.6bn Yas Acres property development at this years Cityscape Abu Dhabi. Aldar raised $270mn from the first round of sales for the golf and waterfront residential development which will add 1,315 villas to Yas Island. In March, Aldar became the…
Currently executing a number of landmark projects, Sobha Group is a multinational, multiproduct group with developments and investments in UAE, Oman, Qatar, Bahrain, Brunei and India. Established in 1976 by first generation Indian entrepreneur, PNC Menon as an interior decoration firm in Muscat, Oman, the group has grown into a respected name in development and interiors. Two major projects are currently underway in Dubai District One, MBR City and Sobha Heartland with the recent announcement of the AED25bn Firdous Sobha tourism development in Umm Al Quwain. Sobha Hartland is a $4 bn mixed-use project in MBR City with…
Established in the UAE in 1978 by Mr. Ali Mousa Ali Saif Al Naqbi, Ali Mousa and Sons Holding Group (AMSHG) has grown steadily to become a major player in the field of Construction & Contracting, Manufacturing and Real Estate in the UAE. Currently AMSHG is managing a portfolio of projects worth over AED 2bn. The company has completed countless projects covering more than 2 million sq. ft. of offices and factories for government organisations, large private business units, banks, and various consultants. It employs over 5,000 qualified and experienced engineers, designers, production & project managers, technicians and other skilled…
Brookfield Multiplex has been delivering landmark property and infrastructure assets for more than 50 years, specialising in large-scale and complex landmark buildings, commercial structures and infrastructure projects. BMs contracting heritage is in construction forged in Australia with ensuing growth in the Middle East, Asia, Europe and Canada, is expanding today to encompass engineering and infrastructure. Recognising the growth potential of the region, Brookfield Multiplex was one of the first international construction businesses to establish offices in the Middle East during the late 1990s. With a firm focus on its people, Brookfield Multiplex employs 3,010 people and has completed…
San Francisco-based Bechtel is a global engineering giant that posted a turnover of $37.2bn last year. Middle East turnover rose 49% to $103mn for 2015. Working across infrastructure, the oil and gas industry and and mining and metals, the company employs 53,000 people worldwide, and has been active in the Middle East for more than 70 years starting out in Saudi oil fields. More recently Bechtel has worked on Khalifa Port in Abu Dhabi, Omans Muscat International Airport, Qatars Hamad International Airport, Saudi Arabias Jubail Industrial City, and Riyadh Metro. The company also signed a five-year contract extension to continue its longstanding…
Al Shafar General Contracting (ASGC) has seen impressive growth since its establishment in 1989. Now one of the leading construction businesses in the UAE and Egypt, employing over 10,000 people including over 1,000 engineers, ASGC has undertaken over 280 challenging projects across residential, commercial and industrial buildings. The company booked revenues of approximately $770mn in 2015. Recently completed objects include the Meraas City Walk retail project and Wadorf Astoria Hotel Palm Jumeirah in Dubai while ongoing projects include Bluewaters Island Residential Sector, Abu Dhabi Marina Bloom and Etihad Museum Jumeirah. Projects: Business Central Towers, Dubai City Walk, Dubai Waldorf Astoria Palm…