Danube has become a household name in the past couple of years after the company, previously better known in the construction industry as a major supplier of building materials, turned its hand to property development. If you live in Dubai you cant have failed to notice advertisements for Danubes affordable luxury apartments plastered everywhere from billboards to the side of taxi cabs. Rizwan Sajan-owned Danubes short journey as a developer has taken it from villas in the burgeoning neighbourhood of Al Furjan via low rise apartment buildings in Studio City to its first high rise tower in Arjaan next to…
Author: Paromita Dey
ASGC has grown to become one of the UAEs biggest construction contractors for large-scale private and social infrastructure projects. Since 1989, the company has built a reputation for excellence and quality, delivering commercial complexes, high-rise buildings, hotels and resorts, industrial projects, and landmark social infrastructure developments. While other notable contractors have fallen by the wayside over the past decade, ASGC has gone from strength to strength. Major projects delivered in Dubai in recent years include City Walk, Etihad Museum, Vision Tower, JBR, The Onyx, Bay Square, Business Central Towers, Golden Mile, Nestle Factory, Waldorf Astoria. Recent big contract wins include…
The past 12 months have played out like one long highlight reel for Nakheel. In August last year, the developer of Palm Jumeirah declared itself debt-free, completing a five year financial restructuring undertaken following the financial crash. That was followed by the announcement of the highest annual net profit in the companys history thanks to the expansion of all three of its major divisions in retail, hospitality and residential leasing businesses. Earnings of AED 4.96bn ($1.35bn) in 2016 were 13% higher than the previous year. Over the past year Nakheel has announced billions of dollars worth of new projects and…
Arabian Construction Company (ACC) is best known for building some of the tallest buildings in the Middle East. Its roster of completed projects includes well known landmarks such as Princess Tower and Almas Tower in Dubai and Etihad Towers and Gate Towers in Abu Dhabi. Lebanon-based ACC is building on that track record with a couple of high rise projects in Downtown Dubai for Emaar. The contractor is currently entering the final stages of building the Address Sky View, a project designed by Burj Khalifa architect Skidmore, Owings & Merrill that includes a sky bridge joining a pair of towers…
When you are able to call on the services of one of the worlds biggest sport stars in Cristiano Ronaldo to rally a generation of young Egyptians then you know that your company has arrived on the global stage. Archetypal business man and entrepreneur, CEO Ahmed Abou Hashima is determined to continue Egyptian Steels development into a world-class steel producer and is driving the group towards an annual production capacity of 2.3 million tons of rebar, wire rods and billets by 2018 once its new Al Sokhna plant comes fully online. His company will soon reach a 20% share…
ALEC is one of the largest construction companies in the Middle East employing around 12,000 people, the bulk of whom are based in the UAE. The scope of projects undertaken by the company includes resort hotels, themed developments, high rise towers, airports and large scale shopping centers. Over the past year the company has completed or is working on UAE projects including Bvlgari Resort & Residences Dubai, Phase 2 of Dubai Festival City, Al Maktoum International Airport’s Passenger Terminal Building (PTB) expansion and Select Group’s three-tower Marina Gate development. ALEC also overseas a number of subsidiary units which include MEP…
One of the top property developers in Dubai, wasl, is probably best known for being the company behind some of the most prestigious hotels in the emirate. That trend continued this year with the announcement of a number of major projects that should keep Dubai near the top of the list of leading hotel destinations in the world. Chief among those was arguably the news that wasl is bringing the first MGM hotel to the Middle East. The famous Las Vegas-based hotel group will bring its iconic brands – including a Bellagio hotel to a new beach front mega…
Daikin has entered in a partnership with Galaxy Cooling Technologies after consideration of the market to benefit contractors, consultants, and end users.
HH Sheikh Dr Sultan bin Muhammad Al Qasimi, president of AUS, approved the proposal for the Master of Science in Construction Management (MSCM).
Seven Tides sold 661 apartments, valued at AED300mn since the sales launch of its first mixed-use development in JLT, in Dubai, SE7EN CITY JLT