From our May Cover Story: Kasun Illankoon spoke with Tariq Chauhan, Group CEO of EFS Facilities Services Group, about how his leadership and key strategic approach that has led to EFS’s transformation. All business leaders have diverse experiences and perspectives on the approach and qualities necessary for effective leadership. And not all situations require the same type of leadership style. Great leaders adapt to their surrounding environments and empower the team to succeed together. EFS Facilities Services Group is a regional leader in delivering integrated facilities management services. Their global presence spans across the Middle East, Africa, South Asia, and…
Author: Kasun Illankoon
Swissport achieved an operating EBITDA of 273.2 million euros in 2018, an increase of 24.1 percent over the previous year’s result of 220.1 million euros. Total revenue from operating activities increased to 2.99 billion euros, up 6.7 percent from 2.81 billion euros in 2017. With revenue of 2.99 billion euros for 2018 Swissport’s business volume was up 6.7 percent year-over year (10.4 percent on constant currency). The airport ground services business contributed 2.43 billion euros, up 6.8 percent. In air cargo handling, total revenue amounted to 0.56 billion euros, up 6.5 percent. Swissport’s EBITDA result improved to 273.2 million euros,…
Masdar, the Abu Dhabi Future Energy Company, has honoured the sponsors and partners of Abu Dhabi Sustainability Week (ADSW) 2019, the largest sustainability gathering in the Middle East. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, paid tribute to the organisations that partnered with and sponsored this year’s ADSW, which is held annually in January. “Each of us shares the same passion to deliver on the sustainability objectives of the United Arab Emirates and to uphold the vision of our nation’s founding father Sheikh Zayed to convert aspirations into concrete decision-making, to transform innovative thinking into progress on the…
According to Dubai-based and RERA award-winning real estate development company Tebyan, more than 70% of its latest development, Sparkle Towers in Dubai Marina, has now been sold, as it prepares for handover. “We have sold 265 apartments leaving just over 100 still available. The profile of our investors and end users has been incredibly diverse, coming from as far afield as Sweden, Russia, US, South Africa, Italy and the UK as well as Saudi Arabia and the UAE,” said Mohamed Faraj, Managing Director, Tebyan Real Estate Development. Prominently located on one of the last remaining plots in Dubai Marina, the…
KNAPP AG, headquartered in Hart bei Graz in Austria, and its Regional partner ALS Logistic Solutions, headquartered in Dubai, have been awarded by the Saudi Arabian pharmacy and drugstore chain AL-DAWAA to provide a turnkey automation solution with shuttle and central belt technology, as well as the SAP® EWM warehouse management system. The new distribution centre will be erected in the Sudair Industrial City in Riyadh and will be a technological trailblazer for healthcare distribution in the region. AL-DAWAA Medical Services Company supplies around 800 of its own pharmacies and also acts as a wholesaler for drugstore and medical goods.…
Orascom Construction PLC announces that its 50:50 joint venture with Arab Contractors has signed an Engineering, Procurement and Construction (EPC) contract to build a water treatment plant in Egypt for USD 739 million. The treatment plant, which will be the largest in Egypt, will have a capacity of 5 million m3/day and will treat water for irrigation purposes. In addition to the EPC scope, the joint venture will operate and maintain the facility for five years. This award is a continuation of Orascom Construction’s expansion in the water sector, which spans all types of projects across the full spectrum including…
Elan Expo will host many international companies at the 4th edition; some of them are Grupo Miro, Hilal Aluminium, Kumtel, Ibero Systems, Enarco S.A., Bekotaş Paint, Chanson Mold, Edimex, Schaefer GMBH, Maxmech, SFH from Turkey, Australia, Poland, China, Mexico, Spain, Egypt, Germany, India and Singapore. Local companies are also very eager to the 4th edition. Some of the local companies; C. Woermann, JMG Limited, Actolog Solutions, Fred Uduma A1 Processing Company, Novacolor Nigeria Limited, Tranos, Terratest Foundation and Lifemate Nigeria Limited have already confirmed their stands in the 4th Nigeria Build Expo. National Pavilions from China, Egypt and India will…
Bentley Systems, Incorporated, the leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, today announced the general availability of OpenBuildings Station Designer, a new multidisciplinary application for the design, analysis, visualization, and simulation of new or operating rail, metro or other transit stations. Advancing beyond generic BIM applications, OpenBuildings Station Designer was developed specifically for rail and transit station modeling, with asset-specific content and workflows. OpenBuildings Station Designer streamlines and automates design collaboration design between architectural, mechanical, electrical, and structural disciplines sharing modeling, clash resolution, and documentation capabilities. OpenBuildings Station Designer incorporates LEGION, the industry-leadingsimulation software, acquired…
A recent report from Bayut revealed that the off-plan developments near Dubai’s EXPO 2020 site have been garnering a high amount of interest from investors. According to the searches conducted on Bayut, Dubai South, Meydan City, Mudon and Town Square are some of the areas that prospective buyers and tenants are most interested in. Besides the attractive location, the fact that these projects are backed by acclaimed builders such as Emaar, Meydan, Sobha, Dubai Properties and Nshama definitely adds to the interest in these projects. While a few units have been handed over in Dubai South and Meydan, investors can…
Mina Al Sultan Qaboos’ (MaSQ) on-site discovery centre is currently being outfitted, and will soon open its doors to the public, announced DAMAC International, a leading regional developer. Located across from the historical port, the Centre is the first visible structure in the transformation of MaSQ into a modern waterfront destination, a development in strategic partnership with Oman Tourism Development Company (OMRAN), the government’s tourism development arm. The space will offer unparalleled views of the Gulf of Oman and aims to enrich visitors’ with the rich heritage of Muttrah. Located at the southern end of the Muttrah Corniche, the MaSQ…