Premier Motors, the official Ford Trucks dealer in the Emirate of Abu Dhabi, handed over 11 Ford Trucks 4142M mixers to Tristar Group – one of the UAE’s fully integrated Energy Logistics business serving the downstream oil and gas industry. The vehicles were handover to Tristar Group at its Industrial City Abu Dhabi facility. “We have an excellent working relationship with Al Tayer Motors, Premier Motors and Ford Trucks for a few years now and are impressed with their sales and service operations across the UAE. Ford Trucks products provide a compelling total cost of ownership of the vehicles with…
Author: Kasun Illankoon
Nesma & Partners, one of Saudi Arabia’s leading EPC contracting companies, has signed an MoU partnering with Tarmeem in the “Saudi Contracting Pioneers Initiative” at IKTVA 2023 Forum and Exhibition, where Nesma & Partners is participating as a Platinum Sponsor. The initiative seeks to elevate the quality and quantity of renovation projects in the Kingdom, support local startup contractors, and contribute to the local content. It aims to establish a framework for startup contracting companies in maintenance and rehabilitation in the construction sector. According to the agreement, Nesma & Partners will partner with Tarmeem to attract and support several local…
THE LOOP is planned to connect more than 3 million residents using a healthy mode of transport, to key services & locations by walking and cycling within minutes. It will provide an enjoyable climate controlled all-year environment, to make walking & cycling the primary mode of transport for Dubai’s residents, in line with its new 20-minute city initiative. The aim is to make cycling & walking the primary mode of transport for daily commutes for more than 80% of Dubai’s residents by 2040. The project is masterminded by URB, a global leader in developing sustainable cities. CEO, Baharash Bagherian explains…
Jonas Bergstrand has been appointed Head of Legal at Volvo Construction Equipment (Volvo CE) and will become a new member of the Executive Management Team (EMT). Jonas was most recently Executive Vice President (EVP) and Head of Legal, M&A and Procurement at steelmaker SSAB. He brings an impressive track record of senior roles at SSAB. Earlier in his career he has also worked for ABB and Ericsson. He replaces Nina Aresund, who as earlier communicated took up the role of EVP Legal and Compliance at Volvo Group at the end of 2022. Jonas comments: “I welcome this opportunity to work…
AlUla Development Company, wholly owned by the Public Investment Fund (PIF), is launching operations to support the development of AlUla. Through real estate development and asset management along with a long-term investment strategy, AlUla Development Company will create jobs and opportunities for local businesses and communities whilst preserving one of the world’s largest and oldest cultural sites. The company’s mandate is in line with PIF’s strategy on unlocking the capabilities of promising sectors in Saudi Arabia that can help drive the diversification of the economy, increase private sector engagement and improve quality of life to support Saudi Arabia’s position regionally…
According to the Asteco 2022 Q4 real estate report, the UAE has demonstrated an impressive level of resilience in the aftermath of the COVID pandemic in 2022. The economic recovery, aided by higher oil prices and a revival in tourism and trade, resulted in a significant increase in inward investment, which led to record transactional figures. Advanced business reforms and government initiatives, such as the Golden Visa and efforts to transition to a digital-driven economy, are set to benefit the real estate market in 2023. 2022 Highlights: The report indicated that the UAE’s economy continues to demonstrate growth and resilience…
Dubai Festival City, Al-Futtaim Real Estate’s fully integrated destination and part of Al-Futtaim Group in partnership with Dubai Corporation for Ambulance Services launched their first ambulance station in Dubai Festival City. The new station, equipped with three ambulances will cater to Dubai Festival City as well as the surrounding areas including Nad Al Hamar and Dubai Creek Harbour. As part of its partnership with Dubai Corporation for Ambulance Services, Dubai Festival City provided support in building the station and will facilitate the maintenance and running of the 24X7 ambulance facility for the authority to operate their services, providing faster response…
The lasting economic effects of pandemic lockdowns, a stricter regulatory environment and increasingly volatile market conditions are presenting head winds for the mining industry, as with many other industries. However, there are numerous positive indicators – the global mining market is forecast to continue its growth curve at an impressive CAGR of 6.7% while a range of online solutions are helping mining companies in any part of the world achieve their asset disposition goals by tapping into a global audience of online buyers, improving their bottom line. Many mining businesses that are replacing older equipment and trucks with newer models…
Nominations are now open for the CBNME MEP Awards 2023, the event is taking place on March 20th at Sofitel Dubai the Palm. The deadline to nominate for the awards is February 20th CBNME MEP Awards 2023 is one of the leading events applauding the achievements of the region’s construction professionals. The awards strive to recognise individual excellence, corporate strengths, and project success. Companies are invited to nominate the people, projects, and initiatives of which they are most proud of, across 18 categories. The awards presentation will happen at a gala dinner in a five-star venue – a celebration which…
Goodway Technologies, a global supplier of industrial maintenance and cleaning solutions, is growing its footprint by opening an office in Dubai, United Arab Emirates. Having been in the industry for more than 55 years, the company is now bringing its award-winning cleaning and sanitation solutions to food and beverage production markets in the Middle East. “Our innovative cleaning and sanitation solutions continue to grow in popularity and demand, and we are thrilled to have people and resources on the ground in Dubai to serve the Middle East,” said Tim Kane, CEO of Goodway Technologies. “Global trends in packaged goods, healthier-for-you…