Author: Kasun Illankoon

Samana Developers today released its 2022 performance review and revealed the blueprint for 2023. The statement said the new year ushers an exciting year for Samana Developers as it sets the target of quadrupling, 400%, growth. To materialize it, the company is currently picking up the most suitable locations and best real estate talent with four times larger team in 2023. Across 2023, Samana Developers plans to launch 12 new projects, including 5-star hotels, worth AED 2.5 billion (USD 680 million). The projects house around 2,400 units. Samana’s yearly review says that an exciting line-up of first six projects with…

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Hyundai Doosan Infracore (HDI) is replacing the DOOSAN brand on its construction equipment and introducing its new brand named ‘DEVELON’. The change takes place a year and a half since August 2021 when HDI became a subsidiary of HD Hyundai. HDI will be changing the brand name on its construction equipment to ‘DEVELON’, confirming this as its new global brand identity today 18th January 2023. DEVELON is a combination of the words ‘Develop’ and ‘Onwards’. The new brand name conveys the direction of HDI to move onwards to the future through innovation and its intention to relentlessly change the world…

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Select Group has awarded China State Construction Engineering Corporation (Middle East) LLC, Engineering Contracting Company LLC (ECC Group), iBUILD Construction LLC and Al Basti & Muktha LLC (ABM) with construction contracts worth over AED 3 billion, equivalent to over 10 million square feet of development. Following a record year in development launches and sales, Dubai-based developer Select Group has successfully awarded construction contracts for each of its recently launched projects to ensure its timely commitment to delivering premium products that surpass stakeholder expectations. iBUILD Construction LLC has been awarded the responsibility of delivering one of Select Group’s most prestigious developments,…

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Asian Paints Berger, a subsidiary of Asian Paints Limited, organized high-profile industry events in Abu Dhabi and Dubai to connect with the consultant, architects and engineer fraternity and accelerate its ambitious growth plans in the region on the back of an AED244 million investment in a white cement manufacturing plant in Fujairah. Operating in 16 countries and serving consumers across 60 countries, Asian Paints Limited is the world’s seventh largest coating company and third largest paint company in Asia. With a turnover of USD 3.8 billion in 2022, the company is fast expanding in the region by building strong partnerships…

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As Dubai readies to host the COP28 international climate conference in November next year, the world’s building design industry will gather in the Emirate in January to examine the role the sector can play in smoothing the GCC’s path to net zero carbon emission goals. The United Arab Emirates and Oman have committed to being net zero by 2050, while Saudi Arabia, Kuwait, and Bahrain have net zero targets for 2060, and Qatar, though not committing to a goal timeline, says its comprehensive climate action plan will help it reach net-zero carbon emissions by 2050. Yet with the GCC construction…

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The 24th edition of Intersec – the world’s leading trade fair for safety, security, and fire protection – opens at Dubai World Trade Centre (DWTC) tomorrow spanning more than 48,000 square-metres and running across nine halls and the Trade Centre Arena. The event, held under the patronage of His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, will feature 800 exhibitors from Australia, UK, Europe, the Middle East, the Balkans, Russia, CIS, North and South America, North and South Africa, Asia, Scandinavia, the USA, and the Indian Subcontinent. The exhibitor profile represents a 54 per cent rise since 2022…

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Ennismore, the fastest-growing lifestyle hospitality company, and The Devmark Group, the UAE’s most experienced and fastest-growing real estate project sales and marketing consultancy, are delighted to announce the launch of the world’s first Mama Residence in Dubai. The Devmark Group has been appointed as the Master Agent for the sales and marketing of The Mama Residences, high design and luxuriously furnished apartments in Business Bay – all meticulously perfected by French designer El Doghaili Benjamin, Head of Design at Mama Shelter. Mama Residences is the residential offering from the famous hotel brand Mama Shelter, known for its exciting design, inclusivity,…

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Arada has awarded a major contract to build the four buildings in the Vida Aljada hotel complex, which is located at the Aljada megaproject in Sharjah. The contract will result in the construction of the 175-room Vida Aljada hotel, as well as 255 branded residences and 149 branded serviced apartments, all of which are based in Aljada’s cultural district. Valued at AED475 million, the contract to build the four buildings was awarded to Gulf Asia Contracting Company LLC (GAC), a Dubai-based contractor with extensive civil and industrial construction experience across the UAE, Saudi Arabia and Qatar. Work on the…

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