Metropolitan Premium Properties (MPP) – a full-service real estate agency and the Metropolitan Group’s flagship property company, has closed the biggest single unit transaction in its history – an AED 90.5 million sale of a prime property at Tilal Al Ghaf making it also the most expensive deal in this up and coming popular destination. Oybek Shamsiddinov, Sales Manager at MPP closed the deal earlier this month for an Indian family who are regular investors in the Dubai property market. Shamsiddinov said: “I’ve worked with this family for the past three years and have invested in several communities…
Author: Kasun Illankoon
Imdaad, a Dubai-based group of companies that provides integrated, sustainable Facilities Management (FM) services that enhance the operational efficiencies of physical assets, has secured a contract to provide comprehensive common area cleaning services, along with room attendant services, to The Dubai Foundation for Women and Children (DFWAC), the first licensed non-profit shelter in the UAE for women and children. Under the terms of its year-long agreement with DFWAC, Imdaad will deploy a team of 5 male and 4 female cleaning staff to operate across the foundation’s 50,000 square meter premises. Imdaad’s staff will be responsible for General Cleaning services for…
Turner & Townsend, the global professional services business, has appointed Director, Adrian Predoi to establish and lead its Programme Advisory team in the Kingdom of Saudi Arabia (KSA). With an increasing focus on mega projects in the Kingdom, Adrian has transferred from Turner & Townsend’s London office to focus on the set-up and transformation of business and investment programmes. Adrian will help to define and align the ambitions of in-kingdom clients, bringing their visions to life through the design and embedment of practical and scalable integrated solutions. The Programme Advisory team will develop and deliver appropriate operating models, governance and…
Alfanar signed a memorandum of understanding (MoU) with the Korean company, Daewoo Engineering & Construction, during Saudi Aramco’s iktva 2023 Forum & Exhibition that is currently being held at Dhahran Expo Center under the patronage of HRH Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province. The $1.5 billion agreement signed by Eng. Amer Al Ajmi, Executive Vice President of Alfanar, and Sungmin Yang, Senior Vice President of Daewoo E&C, is aimed towards joint cooperation in future projects for the oil, gas, and petrochemicals sectors. As a leading Saudi company, Alfanar contributes heavily towards developing local content and…
International public services company, Serco has announced the launch of an Advisory with Purpose division, which will focus on driving Environment, Social and Governance (ESG) goals and empowering governments to accelerate their national visions. With President His Highness Sheikh Mohamed bin Zayed Al Nahyan announcing 2023 as the “Year of Sustainability” in the United Arab Emirates, and measures also featuring heavily in the Kingdom of Saudi Arabia’s transformative Vision 2030 ambitions, Serco Middle East has already taken proactive steps to support organisations and governments to achieve their environmental and sustainability targets through an advisory service that spans from concept…
Arada has reported an exceptional sales performance in 2022, thanks to an aggressive expansion into new markets, growing demand for its existing communities and the overall strength of demand for quality housing in the UAE real estate market. The master developer posted a 46% increase in sales in 2022 compared to the year before, with the total value of property sold reaching AED3.51 billion. In total, Arada sold 2,268 homes in 2022, a slight decline on the year before, as home buyers continued a recent trend of investing in larger and higher-value villas and apartments. During the course of the…
CHEP, a global leader in supply chain solutions, has been certified as the Kingdom of Saudi Arabia’s number 1 Top Employer for 2023 by Top Employers Institute, a global certifier recognising excellence in employee conditions. This year, CHEP, as part of the Brambles Group, was among only 15 organisations to receive the Global Top Employer certification, which is awarded to companies demonstrating outstanding HR policies and practices worldwide. Human Resources Vice President for CHEP Asia Pacific, India, Middle East, Tὓrkiye and Africa, Victoria Pickles, says “We are immensely proud of achieving the number one spot in Saudi Arabia for a…
LUXHABITAT Sotheby’s International Realty has announced the appointment of Seran as Director of Project Developments. As an industry veteran in the luxury segment, Seran brings 17 years of experience, through which he has transacted over AED 10 billion worth of Development projects and luxury properties. In his latest stint, Seran headed sales for the famed Palm Jumeirah Development, W Residences. Seran tapped into the strengths of the location and the project to achieve a higher sellout value than originally planned. Taking on a slow burner project like W Residences to achieve AED 2 Billion sellout within 22 months. Achieved in…
We are delighted to announce Marketing Home Group as our new Gold Partners for the KSA Construction Innovation Awards 2023 The group began operations in 2006, with the opening of the first Ceramic Home showroom in the Al-Azeziyah area. From there, the company expanded into numerous showrooms and expanded into lighting, engineering, smart systems, and other areas.The group focusses on industries that serve the residential and commercial markets by improving living standards through the delivery of high-quality solutions, products, and services at a low cost. It’s an international holding group that nourishes subsidiaries and provide overall direction of the portfolio…
Arada has completed the first homes in East Village, the third residential phase in its AED24 billion Sharjah megaproject Aljada. In total, 1,621 apartments have been finished across 14 buildings. Featuring 2,000 units in total, East Village is targeted at the younger generation and consists of 16 apartment blocks that are characterised by fresh and bold designs. Residents at East Village will benefit from large green spaces that will play host to regular events, art installations and pop-up retail outlets. Each apartment block has communal areas, with additional space set aside for local facilities, including small shops and cafes. Home…