HE Sheikh Sultan bin Ahmed Al Qasimi, Chaiman of Arada, previously ranked 35th, has now risen up the ranking to secure the 25th spot on our list of the Middle East’s Top 60 most prominent contractors, real estate developers, consultants, and facilities management companies. 25. HE Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Arada It has been a milestone year for Arada, which has culminated in the delivery of their first homes, at Nasma Residences, the first project Arada launched back in March 2017. Arada are now in the process of handing over the 107 units in the first phase…
Author: Kasun Illankoon
The annual list of the Middle East’s Top 60 most prominent contractors, real estate developers, consultants, facilities management companies features more than 11 new entries from across the region, putting in the spotlight the current improving outlook of the sector. These new entries have altered the entire corporate dynamics of the Power Hour 2019. 26. Hussain Sajwani, Chairman of DAMAC Properties In the mid-90s, he built several hotels to accommodate the growing influx of people coming to the emirate to do business and trade. In 2002, he identified a growing market opportunity and established DAMAC Properties, which has grown…
The annual list of the Middle East’s Top 60 most prominent contractors, real estate developers, consultants, facilities management companies features more than 11 new entries from across the region, putting in the spotlight the current improving outlook of the sector. These new entries have altered the entire corporate dynamics of the Power Hour 2019. 27. Muhammad Binghatti, CEO and Head of Architecture, Binghatti Holding Muhammad BinGhatti has been leading the developer into its third generation with an ambition of creating a renaissance of business in the region. Binghatti Holding’s CEO and Head of Architecture is inspired by the Arab…
The annual list of the Middle East’s Top 60 most prominent contractors, real estate developers, consultants, facilities management companies features more than 11 new entries from across the region, putting in the spotlight the current improving outlook of the sector. These new entries have altered the entire corporate dynamics of the Power Hour 2019. 28. Talal Al Dhiyebi, CEO of Aldar Properties Aldar Properties PJSC (“Aldar”), Abu Dhabi’s leading property development, management and Investment Company, has reported a 20% year-on-year increase in revenue to AED1.76 billion in the first quarter of 2019. Talal Al Dhiyebi, Chief Executive Officer, Aldar Properties commented…
The annual list of the Middle East’s Top 60 most prominent contractors, real estate developers, consultants, facilities management companies features more than 11 new entries from across the region, putting in the spotlight the current improving outlook of the sector. These new entries have altered the entire corporate dynamics of the Power Hour 2019. 29. Gary Reader, General Manager of ServeU As the most senior member of ServeU, Gary is directly responsible for the overall performance of the company, operations and client relationship management. His extensive experience in the UAE brings a holistic understanding of service delivery in key critical high…
Trojan Holding’s Eng Hamad Al Ameri takes the 30th spot on our annual list of the Middle East’s Top 60 most prominent contractors, real estate developers, consultants, and facilities management companies. 30. Eng Hamad Al Ameri, Managing Director, Trojan Holding Hamad considers his role in the company as the architect of change. He joined the company at a time when the industry was battered by the financial crisis and most of the companies were feeling the pinch. In 2012, Trojan Holding regrouped to complement and focus their resources. And alongside with acquisition of wide array of plant equipment and…
MaK Middle East LLC, a Caterpillar company established in Dubai in 2017, launched its Dubai Maritime City (DMC) workshop last year, including a comprehensive range of turbocharger maintenance, overhaul, repair, upgrading and modification service options. The company has since presented the capabilities to owners across the region to enthusiastic response and high appreciation from a satisfied and growing customer base. Alan Naisby, Managing Director of MaK Middle East and MaK Asia commented on this growing voice of support by saying, “While MaK Middle East is proud of its contributions in helping customers succeed and improving the maritime industry, we are…
Following Terex Corporation’s release of its second quarter 2019 results, Terex Aerial Work Platforms (AWP), driving by the Genie® and Terex® Utilities brands, is pleased to share these, along with its segment-specific, results. Terex Corporation (NYSE: TEX) today announced second quarter 2019 net sales of $1.3 billion, up 4% versus the second quarter of 2018. On an FX-neutral basis, global sales increased 8% compared to the second quarter of 2018. The Terex AWP business segment reported net sales of $870 million, up 2% versus Q2 2018, or up 5% excluding the impact of foreign exchange. Global Terex AWP backlog remained…
Dubai Land Department (DLD) signed a partnership agreement with Online Auction, one of the leading companies for organising auctions in the Middle East and managing private property auctions in accordance with DLD’s procedures and competences for individuals and institutions. The strategic partnership agreement that was signed by HE Sultan Butti bin Mejren, Director General of DLD, and Ahmad Mustafa Ahli, Owner of Online Auction, contributes to enriching the real estate market’s activities, providing new competitive options that enhance investor confidence. It also has an impact on achieving high rates of positive investment according to the latest international service standards. Bin…
PropTech – the technology that is transforming the real estate and development eco-system – is being prioritised by Cityscape Global exhibition and content platforms with exhibitors saying the disruptive element is already impacting construction practices as the industry moves towards delivering intelligent buildings. The Cityscape Global exhibition runs at the Dubai World Trade Centre from September 25-27 while the Cityscape Global Conference, runs on September 24 at the InterContinental Dubai Festival City, and will reflect PropTech’s high sector profile with its theme: ‘Adapting to Change: Charting a Course in an Era of Transformation.’ “PropTech is a key transformational element impacting…