Al Taif Business Centre, the new mixed-use retail, hospitality and residential project developed by Al Taif Investment, is getting ready for handover. Counted among the major infrastructure projects underway in Fujairah, the project is currently 85% complete with construction progressing steadily for the end of year handover. Al Taif Investment is a joint venture between Dubai Investments – the leading diversified investments company listed on the Dubai Financial Market and Fujairah Investment Establishment (FIE), the investment arm of the Fujairah Government. The AED 418 million project, with a total built-up area of 96,400 Sq.m, consists of two towers – a…
Author: Kasun Illankoon
AVEVA, a global leader in engineering and industrial software, has been named a market leader in the Verdantix 2020 Green Quadrant for Asset Performance Management (APM) Solutions. The report is targeted at heads of maintenance, reliability engineering, operations and safety providing a detailed assessment of the most prominent global vendors of APM solutions. It assessed 11 vendors on 116 criteria, surveyed 284 engineering and maintenance managers, reviewed functionality in live product demos and undertook 10 in-depth customer interviews. This was AVEVA’s inaugural year of participation in this report. “AVEVA’s credentials in the APM market are impressive,” commented David Metcalfe the…
Saudi Arabia’s construction sector will see faster recovery with the utilisation of drones under the ‘new normal’ set-up, which continues to require safety measures including social distancing. This is according to Rabih Bou Rached, the CEO of Falcon Eye Drones ( FEDS) — the Middle East’s leading provider of Drone Technology, Data Technology, and Digital Transformation. He said that drones are an imperative tool to ensure continuity of building operations in Saudi Arabia, whose construction sector has been thriving for the past years. “The pandemic has presented a considerable challenge to the construction sector in Saudi, which used to require…
AMAALA, the ultra-luxury destination located along Saudi Arabia’s northwestern coast, has unveiled plans for a new international airport, with a design inspired by the optical illusion of a desert mirage. The terminal and control tower design was conceptualised by UK-based architectural and design firm Foster + Partners, while the airport master plan was designed by Egis, an international consultancy and engineering group. It will incorporate unique design practices, drawing inspiration from its location. The airport is due for completion in 2023 and is estimated to accommodate one million travellers per year once it officially opens. Commenting on the announcement of…
Dubai Maritime City Authority (DMCA) has issued a circular lifting the timing restrictions for maritime activities. The step indicates the return of the maritime sector in Dubai to its normal pace following the Dubai Government’s successful completion of the National Disinfection Programme, which paved the way for the restoration of economic activities including tourism initiatives. DMCA continues its efforts to implement all the necessary measures to regulate and facilitate maritime activities that would strengthen Dubai’s position as a leading global maritime hub. The Authority focuses on developing and implementing the legal and legislative frameworks needed to further regulate the maritime…
As Covid-19 continues to impact household budgets the world over, Urban, a leading proptech company that takes the entire rental journey online, is offering tenants across Dubai some relief by introducing Flexible Contracts on select listings to ease their mind when searching for a new home. Traditionally, tenancy contracts expose tenants to a penalty worth two months’ rent should they wish to end their lease before its due date. This places a significant financial burden on tenants, often to the tune of thousands of dirhams depending on the value of their rental agreement. Urban’s Flexible Contract initiative removes this burden…
Akshara Global Real Estate has announced the completion of Laya Mansion, that is centrally located in Dubai’s family friendly community – Jumeirah Village Circle (JVC). Laya Mansion, launched in 2018, has a total of 235 residences which comprises of 157 studios, 67 one bedroom and 11 two bedroom apartments. The building also has a dedicated space on the ground floor for 4 retail units. Laya Mansion presents an ideal opportunity for those who wish to move into ready to move in apartments. Laya Mansion offers fully furnished studio apartments that are designed to meet all the needs of a contemporary…
Chapman Taylor is creating the masterplan for an innovative new urban district adjacent to King Abdulaziz International Airport in the Saudi city of Jeddah. Airport City will be a world-class, mixed-use development which will become a leading destination for visitors from across Saudi Arabia and the GCC region. The 1.91 million m² GBA masterplan for Airport City introduces an innovative mixed-use community concept to the region, creating diverse tourism and business opportunities while also providing a dynamic lifestyle and family entertainment venue. A vibrant transport orientated development creates a new hub gateway to Jeddah and beyond at the strategically important…
The Federal Transport Authority (FTA) – Land & Maritime has signed a Memorandum of Understanding (MOU) with SAFEEN, the marine services subsidiary of Abu Dhabi Ports, to provide emergency response services and support maritime rescue operations across the territorial waters of the United Arab Emirates. The MOU signing is part of FTA’s effort to enhance its partnerships with key national companies and authorities in the maritime sector with the aim of optimising the safety, security and environmental protection of the marine domain within the UAE. The responsibilities will include all types of marine emergencies including, oil spills, firefighting, wreck removal,…
In continuation of its ongoing efforts to support the Ministry of Health’s initiatives to contain and combat COVID-19 and as part of its SAR 10 million worth of services donated to the Ministry, Bahri, a global leader in logistics and transportation, has been operating cargo flights from China to Saudi Arabia to transport medical equipment and supplies to the government of Saudi Arabia. The special air cargo transportation comes as part of the joint efforts between Bahri, Saudi Aramco, SABIC, and NUPCO in combating the spread of the virus. Delivering on its commitment, Bahri provided its industry-leading logistics services to…