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Power 60 Power 60 2017

#7 ASGC

ASGC has grown to become one of the UAE’s 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 Dubai Arena, HH Sheikh Mohamed Bin Rashid Library, Harbour Views Towers, Dubai Airport Refurbishment.

With annual turnover in excess of AED 3.5bn ($952mn) the Bishoy Azmy-led contractor employs more than 14,000 construction specialists and workers in the UAE, including its five subsidiaries – Al Shafar Steel Engineering (ASSENT), Emirates Beton (EB), Al Shafar United for Electro-Mechanical Engineering (ASU), Hard Pre-Cast Building Systems (HPBS) and Al Shafar Interiors (ASI).

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