Author: Paromita Dey

Sanipex Group announced supplying a wide range of bathroom and washroom solutions for the upcoming Opera District. According to the supplier, designers picked the group for its quality fixtures and fittings to give visitors an excellent impression of the facilities on offer. The Opera District, located in Downtown Dubai, will feature a 2,000 seat multi-format Opera House, two hotels, a roof-top restaurant, design studios and galleries. From the sanitary ware through to accessories, the design of the washrooms and bathrooms throughout the Dubai Opera District needed to be functional and stylish, and with products including brand names such as BAGNODESIGN,…

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                                                                                                                                        Nakheel awards AED18.5m contract to DX Contracting LLC and National Gulf Construction LLC to deliver new roads for JVC. The developer announced the opening of three new JVC or Hessa Street link roads later this year. Work will begin in February, with anticipated completion in Q3 2016. The contract enables the construction of new JVC access points, which will improve traffic flow and reduce travel time for JVC residents. A Nakheel spokesman said: “Around 20,000 people currently live in JVC, but this rapidly-growing mixed-use development will accommodate some 300,000 people when complete. The new road links will enhance…

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Ideal Standard MENA, provider of total bathroom solutions, has been in the GCC for over two years. Business development director Antonios Mourikis talks about penetrating further into the market through innovation and a green motto Ideal Standard is a recognised European brand, but it still considered new in the GCC. Could you tell us more about how Ideal Standard aims to grow in this market? Our company has been around for over a 100 years, 34 of those years we have been exporting products from Europe and the US to the GCC. So the market is not new to us.…

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Masdar announced an agreement to develop a commercially-driven utility-scale 200 megawatt (MW) photovoltaic solar plant in Jordan. The announcement was made on 20 January 2016 at the World Future Energy Summit (WFES) in Abu Dhabi.   The agreement with Jordan’s Ministry of Energy and Mineral Resource (MEMR) follows after the inauguration of Masdar’s first investment in the 117MW Tafila wind farm in Hashemite Kingdom. The wind farm, a JV between Inframed, EPGE and Masdar, will account for almost 6.5% of Jordan’s 1,800MW renewable energy target for 2020. In addition, it will create enough electricity to power 83,000 homes while reducing…

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Dubai Electricity and Water Authority (DEWA) awarded a contract to extend its water network to meet the needs for water and building infrastructure in the future. The AED130m project is expected to be completed in 30 months of its start date. H.E. Saeed Al Tayer, managing director and CEO of DEWA, said: “Through a variety of projects, DEWA continues to increase its level of efficiency in all its operations, to support sustainable development in the emirate. These projects include the 600-1200 millimetre per diametre extension of Glass-Reinforced Epoxy (GRE) main water pipelines, using the Non-Destructive Road Crossing (NDRC) tunnel-digging method…

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The groundbreaking of ICD Brookfield Place located in Dubai International Financial Centre (DIFC) district took place in the last week of January 2016. The 1.5 million sq.ft mixed-use development is designed by global firm Fosters + Partners. The 53-storey crystalline tower comprises over 900,000 sq.ft of office space adjacent to a 150,000-sq.ft retail centre. Grant Brooker, senior executive partner at Fosters + Partners said: “The new office tower – on target to achieve a LEED Gold rating – is shaped to reflect the sunlight, and is surrounded by a rich mix of easily accessible terraced spaces, that create a vibrant and…

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Dorma Gulf launched the ST Flex Green sliding door solution to provide a high grade of eco-friendly, slender and profile entrance routes. The ST Flex Green, certified with an Environmental Production Declaration (EPD), is designed to function as aesthetic sliding doors. The solution is also suitable for emergency exits and escape routes that incorporate energy efficiency. German-tested thermal insulation with energy saving regulation, EnEV 2009 and the Dual Drive technology within the system enables reliable executive of emergency exits. Agy Mathew, product marketing manager at Dorma Gulf, said, “Elegant sleek profiles, with no compromise of luxury is the USP of…

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Construction Business News ME reviews the production of the much-anticipated Riyadh Metro French company, Alstom, has started the production of trainsets for the upcoming Riyadh Metro in its Katowice plant in Poland. The contract was awarded to FAST consortium, which Alstom is a part of, two years ago by Arriyadh Development Authority – the executive arm of the High Commission for the Development of Arriyadh. The contract included the design and construction of lines four, five and six of the network. Dr Yasser Omar, Alstom’s managing director for Saudi Arabia, says: “Riyadh is the most prestigious of many Alstom integrated…

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Aldar Properties acquired a commercial office building, Daman House, in Capital Centre Abu Dhabi on 19 January 2016. The building comprises 23,000 square metre GLA of Grade A commercial space, fully leased on a long-term contract to a single government related entity.   Aldar aims to grow its recurring revenue portfolio through investment in new and existing revenue producing assets. This was the first purchase made as part of the company’s AED3bn investment programme to drive growth within its recurring revenue business to achieve its new target of 2.2 billion dirhams Net Operating Income (NOI) by 2020. Approximately AED900m (30%…

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According to Dubai-based real estate firm Knight Frank, Nigeria has been attracting international investment through its robust economic growth and wide range of investment opportunities. According to the research bulletin, the growth has been driven by strong population trends, a diversifying economy and an evolving urban environment. Property sectors are particularly booming in the nation’s top cities, Lagos and Abuja. Some of the key highlights mentioned in the bulletin include: With a GDP of $594.3m, Nigeria is currently the biggest economy in Africa. Africa’s economic growth is anticipated at 7% over the next 4 years. Nigeria is Africa’s most populous…

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