Author: Kasun Illankoon

Azizi Developments, one of the leading private developers in the UAE, is bringing the next generation of urban connectivity to life with Berton, a spectacularly designed and strategically-located residential development in Al Furjan. The exceptionally well-thought-out master-planned community that hosts this property is situated in the growth corridor of Dubai, boasting outstanding accessibility while being a serene escape from the bustle of the city. Offering customers the opportunity to live in one of the most up-and-coming locations in the Emirate, Berton features 245 units, comprising 190 studios as well as 41 one- and 14 two-bedroom apartments spread across seven…

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DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem credited the company’s strategy of developing innovative new products and services and prudent management for DP World’s impressive half-year results. Bin Sulayem added that DP World’s excellent performance against the backdrop of challenging global economic conditions is a testament to the company’s resilience, sound growth strategy and the diversification of its global investment portfolio across energy, maritime and sustainable mobility amongst others. The statement was made as global trade enabler DP World PLC announced strong financial results today for the six months ending 30 June 2019 with reported adjusted EBITDA…

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AVEVA, a global leader in engineering and industrial software, today announced that Worley has selected AVEVA’s Enterprise Resource Management solution as its preferred  materials management platform. The partnership combines Worley’s Engineering, Procurement and Construction (EPC) knowledge with AVEVA’s industrial software expertise to deliver the first cloud-based Enterprise Resource Management solution optimized for the EPC market. Like many businesses, today’s EPCs are challenged with reducing project costs while keeping pace with changing IT environments. However, as EPC projects operate as mini-enterprises, on-premises configuration and hosting of enterprise projects within private networks is not only costly, but restrictive and unsustainable in an…

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PTV Group, a market leader in software solutions for traffic and logistics sectors, will work with Khatib & Alami to implement GCC Railway passenger and freight traffic forecasts study, including the development of the GCC wide model in PTV Visum software. The project will ensure a more efficient way of transporting passengers and goods, by providing a comprehensive passenger and freight rail traffic forecast update Ramadan Harb, Vice President, Khatib & Alami, said: “We will work to provide passenger and freight traffic forecasting with the support of PTV Group software and modeling expertise for the GCC Railway by the Cooperation…

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Abu Dhabi’s most vibrant new residential complex at Azure Al Reem has welcomed its first residents, as the new community takes shape. Reem Island is one of the fastest growing neighbourhoods in Abu Dhabi, with the unique payment options offered by Azure Al Reem’s project developer Al Masaood Developments, proving popular with young people trying to get a foothold on the property ladder. Salah Al Jneibi is a UAE National who works in the banking sector. Mr Al Jneibi comes from a proud UAE family, whose parents have worked hard to contribute to the nation; his father is in the…

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French contractor Spac, part of the Colas Group, has taken delivery of the first electric Volvo compact excavator, the ECR25 Electric, in the customer trial phase Following the unveiling of the first electric Volvo compact excavator, the ECR25 Electric, at Bauma 2019, the machine has now been delivered to Spac for customer testing. Spac, part of the Colas Group, is using the 2.5-tonne excavator to dig trenches at the Saint-Nom-la Bretèche golf course, just outside of Paris, France. With zero exhaust emissions and almost silent operation, the Volvo ECR25 Electric is perfect for such environments. “It’s exciting for us to…

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LogiPoint has concluded a major milestone achievement, entering an agreement with Aramco Chemicals Company (ACC). With the extensive support from Saudi Customs and Jeddah Islamic Port to Re-engineer the Export Process this agreement provides ACC with a strategic export logistics Hub, which helps eliminate the need to use an intermediary overseas hub for storage and onward shipping of their cargoes therefore enhancing its ability to provide cost-effective solution by shipping the cargo directly to the target market, efficient services and reduce the export processing time from one week to one day thereby increasing the demand and appeal for Saudi products.…

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Bobcat is a major player worldwide in the attachment market. For the company’s market-leading range of compact loaders, the attachment range has just been expanded with the launch of the new Bobcat Remote Control System. All Bobcat compact loaders are equipped with the quick-change Bob-Tach attachment mounting system, facilitating the quick and safe interchange of over 100 different types of Bobcat attachment. The new Remote Control System has been designed in the same way – it is a plug and play system comprising an easily portable and industrial radio remote control solution that can be mounted and dismounted on…

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Azizi Developments, one of the leading private real estate developers in the UAE, strengthened its executive team with the appointment of a seasoned Chief Financial Officer. Mika Toivola brings with him an extensive background in corporate finance, treasury, financial planning and analysis, investor relations, strategic planning and risk management along with a deep understanding of the real estate and construction sectors. He has over 25 years of international and UAE experience in senior executive roles at market-leading and publicly listed real estate corporations. Commenting on the appointment, Farhad Azizi, CEO of Azizi Developments, said: “Mika is an exceptional executive who…

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Al-Futtaim Engineering and Technologies Facilities Management division has signed on as a strategic corporate partner with the Middle East Facility Management Association (MEFMA).   The agreement was signed by Darko Macura, Chief Executive Officer of Al-Futtaim Engineering and Technologies and Ms. Alaa AlBoali MEFMA Director. MEFMA is a non-profit professional organization, formed under The Dubai Association Centre (DAC) which has been established by the Dubai Chamber of Commerce & Industry, Dubai Business Events (part of Department for Tourism and Commerce Marketing) and the Dubai World Trade Centre. MEFMA aims at unifying the facility management industry in the Middle East,…

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