Author: Kasun Illankoon

Tristar Group, the global integrated energy logistics company, has acquired more than 11,000 square meters of logistic land in the Port of Duqm that will have a 3,048 square meters covered warehouse with a capacity of 5,000 pallet position and an open yard for future expansion. The logistics warehouse project will offer 3PL and 4PL services. Tristar established its presence in Muscat, Oman in 2002 and is now a key transporter for major international and local oil and gas companies. It operates across 20 countries within 3 continents and has a 21-year proven legacy of operational quality making it a…

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Brokk®, the world’s leading manufacturer of remote-controlled demolition machines, offers a new steel cutting tool for mid-size Brokk machines. The MC300 Multi Cutter, manufactured by Brokk’s sister company, Darda®, offers the highest cutting force with low weight. It promotes safe and efficient cutting of steel material, utility lines and cables in a variety of industries, including demolition, soft gut/surgical demolition, remediation, construction and nuclear. “The combination of the MC300 Multi Cutter and a Brokk machine makes a powerful pair,” said Lars Lindgren, president of Brokk Inc. “Traditionally, size has been equated with power. With these products, you are getting the…

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Leading Chinese construction equipment manufacturer SDLG is proud to announce the latest addition to its range of motor graders, the G9290. With a base operating weight of 22.9 tonnes and a 14” wide blade as standard, the impressive productivity of blade down force and blade pull makes the SDLG G9290 the best in its size class. The new G9290 is the first motor grader from SDLG in the heavy-duty size class, its strength and capacity making it ideal for mining haul road maintenance, infrastructure projects, road construction, highways and airports. The robust design of the new G9290 motor grader builds…

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Samana Developers announced the appointment of Atcon Construction for its second project – AED100 million Samana Hills, located in Arjan, close to Dubai Miracle Garden, the world’s largest natural flower garden featuring over 50 million flowers and 250 million plants. Samana Developers projects are funded by Samana asset management arm, which is a key factor for investors giving them added security from the developer. Sustainability is a further attraction with Samana commitment to reducing the carbon footprint by incorporating the latest in services and technology to reduce the buildings operating costs. The ground-breaking of the 5-storey residential project took place…

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Madinat Badr Properties is delighted to unveil its first luxury residential development, BADR. A legacy project backed by Dubai Islamic Bank in the city of Dubai, BADR sits across 13.8 million square feet in Muhaisnah, an area steeped in heritage and tradition, that holds a special place in the hearts and minds of all Emiratis. Marrying urban development with healthy living, BADR focuses on encouraging outdoor activities through its well-connected leisure facilities and will accommodate a population of over 20,000 residents, within its circa 4,800 apartments and townhouses. Designed and built to continue the legacy of Mushaisnah, BADR…

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The future of real estate development is digital, with demand for cost-effective, innovative and sustainable buildings inspiring data-led business models that will help fuel the continued growth of the Middle East construction industry, according to subject matter experts at construction and real estate consultancy, Drees & Sommer. “Innovation and sustainability in construction, specifically in connection with new digital solutions, are driving the future of real estate in the Middle East,” said Dierk Mutschler, CEO, Drees & Sommer. “A gentle slowdown in some regional markets coupled with the emergence of new technology and business models will pave the way for forward-thinking…

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H.E. Eng Ahmed Mohammed Shareef Al Khoori General Director of the Federal Transport Authority- Land & Maritime (FTA) held a meeting recently with His Excellency Madiyar Menilbekov, Ambassador of the Republic of Kazakhstan to the United Arab Emirates, at the FTA office in Abu Dhabi. H.E Eng. Ahmed Mohammed Shareef Al Khoori welcomed the Kazakh delegation and discussed FTA’s pioneering innovative projects and initiatives being implemented in accordance with the Authority’s regulatory and oversight role to carry out the Authority’s strategies in line with the nation’s leading vision. During the meeting, both parties discussed ways on how to…

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2020 should be the start of a ‘decade of action’ to enable the world to work together to meet the United Nations’ Sustainable Development Goals, UAE ministers and senior business leaders declared today ahead of Abu Dhabi Sustainability Week (ADSW). ADSW 2020, one of the largest sustainability gatherings in the world and a platform for accelerating sustainable development, is taking place in the UAE capital from January 11-18. Held under the Patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, ADSW 2020 will host heads of state, government…

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The Dubai Land Department (DLD) will organise the 16th edition of the International Property Show (IPS 2020) at Dubai World Trade Centre on 24-26 March, amid high optimism that new government policies and Expo 2020 Dubai will drive the growth of the emirate’s property market in 2020 and beyond. IPS, the Middle East’s biggest property marketplace, offers a perfect global platform for top-tier investors, real estate companies and industry leaders from across the world to share knowledge and expertise as well as to make the most of its B2B networking meetings to strike new strategic partnerships and profitable deals. The…

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Legal and regulatory concerns around implementing new technology are holding back real estate businesses from driving innovation in the sector, according to a new report by global legal business, DWF.   Almost half (45%) of the 375 senior decision makers from global real estate businesses surveyed said that they were unclear or worried about the legal/regulatory implications of new technology, admitting that this was their biggest obstacle to implementing new tech within their business. Cyber security fears (43%) and a lack of available data (42%) also featured prominently as barriers to technology implementation. 62% of larger businesses, those with revenue…

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