Dubai Maritime City Authority (DMCA) has revealed the successful opening of its newest registration and licensing centre in Umm Suqeim. The move complements the government’s continuing efforts towards achieving customer happiness through better and enhanced experiences. The new centre represents an advanced step towards providing a faster and more simplified approach in applying for marine transport licensing, which are based on innovative guidelines designed to conform to set maritime safety regulations, local environmental requirements and key international standards. Amer Ali, Executive Director, DMCA, said, “The opening of the new centre is a step forward in the move towards achieving…
Author: Kasun Illankoon
HE Mattar Al Tayer, Director General and Chairman of the Board of Directors of the Roads and Transport Authority (RTA), announced the completion of 65% of the development project of Al Qudra Street intersection with Lehbab Street, from a separate intersection to a bridge intersection providing free traffic in all directions, to enhance the flow of traffic on Al Qudra and Wahbab Streets. The latter is considered as a strategic hub within the structural plan of the road network implemented by the Authority, as an alternative road for drivers wishing to go to Expo Street, Jebel Ali Industrial Area and…
According to the National Real Estate Company (NREC), which is presently developing properties valued at over USD 2 billion in the Middle East and North Africa region, today reported its financial and operational earnings for the first half of 2019, announcing a net profit of KD 6.6 million ($22mn), and an EPS of 4.9 fils. The Company’s operating revenue stood at KD 8.5 million ($28mn) in H1 2019 and its EBITDA at KD 11.8 million (39mn). Total assets reached KD 465.9 million by June 30, 2019. Total liabilities decreased by 16.2% to KD 194.9 million from Q2 2018, while loans…
Harris Pye Engineering Group UAE, a global service provider supplying the offshore, marine and industrial sectors, recently signed a contract with Egyptian Joint Stock company, Canal Sugar. As per the terms of the agreement, Harris Pye will supply five 40tph, horizontal, three-pass, and multi-tubular smoke tube boilers to what is expected to be one of the largest beet sugar production facilities in the world. Harris Pye’s involvement with this mega project builds upon the UAE’s reputable business standing by contributing to the country’s capital and workforce. From an Egyptian economy standpoint, the facility will contribute to filling the shortage…
IMKAN has joined forces with the esteemed Chinese construction company CNTC, appointing the internationally renowned company as the main contractor for its Pixel project. The developer carried out an official signing ceremony at IMKAN’s head office, where ADCG CEO, H.E. Abubaker Seddiq Al Khoori, Dr Hamad Abdulqadir Al-Ali, Board member in Royal Strategic Partners LLC , IMKAN CEO Walid El-Hindi and Vice President of CNTC, Xinrong Xu took the all-important first step to make Pixel’s seven towers come to life. IMKAN’s Chief Executive Officer, Walid El-Hindi said: “CNTC is one of the biggest construction companies in China, and their experience…
For the first time, Pirelli has developed its most performance-focussed road tyre specifically for a new Pagani. The Huayra Roadster BC, which will make its debut in the next few days during Monterey Car Week in the United States, will adopt P Zero Trofeo R tyres as original equipment, which will be in charge of translating the monstrous performance of the new Pagani twin-turbo V12 six-litre engine into forward motion, with its 800 horsepower and 1050 Nm of torque. This is a car capable of more than 300kph that can generate in excess of 1.9g through corners, with peak lateral…
Alan James Gammon, General Manager of Samana Developers, tells us why buying with Samana is a sound investment choice and why this is the right time for Samana Developers to build properties in Dubai. Samana Developers, a boutique developer in Dubai, appointed Alan James Gammon as General Manager to execute three project launches in 1st Quarter of 2019, along with managing an ongoing Samana Greens residential project in Arjan-Dubailand district near Miracles Gardens, and to introduce them to the international investor hubs. Alan would oversee activities including overall project/asset management of Samana Developers, new business, joint-venture partnerships, expansion, operations, marketing…
ALEC’s Strategic Project Manager, Severin Tenim, tells Construction Business News ME on how the company is using innovation and new technology to continuously improve the way they operate and consistently challenge the status quo Innovation and New Technologies Our vision is to be the Leading Innovative Construction Group. We strive to be leaders in innovative practice through continuously improving the way we operate and consistently challenging the status quo. The use of new technologies will rapidly alter the landscape we currently operate in, and there will be significant benefit if leveraged correctly. Whilst the new technological landscape is exciting,…
thyssenkrupp Materials Services is continuing its digitalisation offensive with the introduction of a flexible IT infrastructure for smart, agile management of all processes along the supply chain. Material deliveries, customer purchase orders, order execution, transportation logistics – the digital accelerator DESCA can process and forward millions of datasets in seconds. And it’s customers who benefit the most: With DESCA, Materials Services is shortening order lead times, optimizing warehousing logistics and paving the way for new supply chain services. So the system truly lives up to its name: DESCA stands for Digital Extended Supply Chain Accelerator. Driver of “Materials as a…
Souk Okaz was featured in Taif Season in a new format, including the introduction of the Arab Neighborhood, which featured pavilions showcasing 11 Arab countries, and a number of historically-themed areas, such as markets, Okaz knights and a language and culture square. Visitors have been impressed by the facilities available, including the restaurants and cafes, an area dedicated to productive families, and the main theater. The restructuring and rebuilding of Souk Okaz involved the contribution of 14 Saudi engineers, who took on the difficult challenge, working for 90 days from design to completion. Saudi technicians also contributed to the implementation…