A fully owned subsidiary of Belgian outfit Besix, Six Construct specialises in building infrastructure and has extensive experience in the GCC, especially in the UAE where it does two thirds of its business. The company has more than 20 projects currently on the go throughout the region including Dubai Water Canal and the Royal Atlantis project on the Palm Jumeirah in conjunction with Ssangyong Engineering and Construction. Six Construct marked 50 years in the Middle East last year. Belgiums Princess Astrid and the countrys deputy premier and minister of foreign affairs Didier Reynders were present at a function to celebrate…
Author: Paromita Dey
Egypts Orascom Construction is targeting opportunities in the power, transport and water sectors in its home market of Egypt as profits jumped in the first quarter. The company reported a net profit of $23mn for the first three months of the year, almost four times the $5.8m profit reported in the same quarter last year. Orascom, which owns a 50 percent share in Belgian contractor Besix, made a strong start to the year with $510m worth of new contracts during the quarter. It has reeled in a number of lucrative contracts for work on the Cairo Metro project in partnership…
For more than 50 years, SSH has played a leading role in shaping the built environment and infrastructure of the modern Middle East. Currently, SSH employs over 1,000 people with offices in Abu Dhabi, Algeria, Bahrain, Dubai, Iraq, Kuwait, London, Oman, Qatar, Saudi Arabia and South Africa. Recent project wins include a contract to design villas and apartment blocks at Al Mouj, Muscat, a mixed-use beach-side development close to the citys new international airport. The Middle East-based infrastructure, building design and project management firm will design two villa types within Al Mouj, a joint venture between the Omani government and UAE-based Majid…
RP Group is a $4bn conglomerate with wide-ranging interests in construction and industrial development, hospitality, healthcare and wellness, education and trading. Led by Ravi Pillai, the companys footprint extends across the MENA region, Africa, Australia and Asia and has executed projects worth over $25bn. Its real estate division RP Global has ambitious plans for the Dubai real estate market, with $1.5bn being invested in two signature projects in Business Bay and on Sheikh Zayed Road. Projects: RP Heights in Dubai, UAE RP One in Dubai, UAE
Established in 1984, the Projacs has a network of over 20 major offices in the Middle East, North Africa, Asia, Europe and North America with more than 600 professional staff offering customized services to a variety of clients in the public and private sectors. The company thrives to become a leading Construction / Project Management and Training firm in the Middle East emphasizing quality of service to its clients through the application of state-of-the-art project management control systems and procedures. Projacs has seen a few changes in the past 12 months. The project management firm wa 51% acquired by international…
Founded in Mumbai in 1938 by two Danish engineers Henning Holck-Larsen and Soren Kristian Toubro, Larsen & Toubro has established an international reputation in the infrastructure sector. In the Middle East it is particularly well known for its work in the utilities and oil and gas sectors. Larsen & Toubro made headlines recently when it clinched a contract to build Al Rayyan Stadium in Qatar, a 40,000 seat venue that will host games for the 2022 World Cup Finals. The India-based engineering firm is building the stadium along with local contractor Al Balagh Trading & Contracting. Though the value of…
As the oldest Indian construction company, Shapoorji Pallonji has a legacy stretching back 150 years over the course of which it has achieved many more firsts including: The first Indian construction company to enter the Middle East in the 1970s; The first Indian construction company to have earned the ISO 9001 Certification across all projects; and The first Indian company to construct two, 60 storey residential towers in the heart of Mumbai. Today, with over 23,000 employees and a group turn-over of $2.5bn, Shapoorji Pallonji Group has evolved and grown exponentially to become a huge conglomerate with multiple business segments.…
Faithful+Gould in the Middle East has achieved a compound annual growth (CAGR) of more than 20 percent over the past three years and this is only expected to increase as the project and programme management consultancy continues to support the development of its key clients such as Majid Al Futtaim, Emaar, Meraas and Miral. Working on some of the regions most prestigious projects, from King Abdulaziz International Airport in Saudi Arabia, to Doha Oasis in Qatar and Dubai Creek Harbour in Dubai, the consultancy has expanded its workforce to 500 in the Middle East. With the belief that a long…
Based in Dubai, KBW Investments has a portfolio spanning construction, manufacturing, engineering, project management, automation, technology, and more. Founded by Chairman HRH Prince Khaled bin Alwaleed bin Talal, KBW Investments (KBW), in the just under a years time, has penned several agreements rocketing the company forward. KBW first garnered headlines in January 2014 for its acquisition of 150 year-old Raimondi Cranes, a heritage tower crane manufacturer. Based in Italy, Raimondi Cranes boasts over 16,000 cranes sold with a presence on more than 10,000 construction jobsites globally. Raimondi recently released its newest tower crane with enhanced technologies, the MRT159, to be…
Colin Timmons recently took the reins at Al Naboodah Construction, replacing Steve Lever who stepped down as CEO after almost 30 years of service to the company. Under Lever the firm positioned itself as one of the most recognised and trusted construction firms in the region, with a reputation for delivering prestigious, complex and challenging projects. The group undertook numerous landmark projects, notably the construction and expansion of Dubai International and Dubai World Central airports. Lever was responsible for the expansion of the company into new markets, growth of the workforce to more than 13,000 employees, and development of the…