Reynaers shines with Ajdan Rise

Reynaers shines with Ajdan Rise

Salmabad, Bahrain, (AETOSWire): Reynaers Aluminium has supplied the latest generation of its versatile systems to a prestigious project that has become the crowning glory of Al Khobar skyline. Ajdan Rise exudes luxury, comfort and a unique architecture befitting the high performance levels expected of a world-class, state-of-the-art building on the Al Khobar Waterfront. The 130-m tower comprises 187 luxury residential units enveloped with some of Reynaers Aluminium latest systems, informed Ali Khalaf, Reynaers Middle East, the regional office of the Belgium-based Reynaers, a leading European aluminium solutions provider. “We have…

Issue 22 of the Driver Trett Digest has been published

العدد الثاني والعشرين من مجلة “درايفر تريت دايجست” يبصر النور

Dubai, United Arab Emirates,  (AETOSWire): Driver Trett are pleased to announce the launch of the Middle East focused, 22nd edition of the Digest. The Digest always aims to be topical and cover all industry sectors. In this issue, Daniel Morris from the Driver Trett Qatar office looks at the progress of the FIFA World Cup 2022 projects, and what the future holds for Qatar beyond 2022. a Technical Director, Mahmoud Abougabal, provides knowledgeable insights into construction litigation in the UAE, in which he says ”The best time to lay the…

New construction contractor awards in UAE estimated to be worth US$24.7 billion in 2021 – Ventures ONSITE

New construction contractor awards in UAE estimated to be worth US.7 billion in 2021 – Ventures ONSITE

Dubai, United Arab Emirates, (AETOSWire): New construction contractor awards in the UAE are estimated to be worth US$24.7 billion in 2021, as the Gulf country paves the way for a post-covid rebound on the back of increased government expenditure and a fresh injection of foreign investment. According to a September 2021 report by projects intelligence platform Ventures ONSITE, the UAE has launched several measures to attract investment and foreigners. In the UAE, buildings such as residential, commercial, airports, sports facilities, hotels and recreational facilities, healthcare, and education, hold the lion’s…

Egypt Becomes Africa Finance Corporation’s 32nd Member State, With a Potential of US$1 Billion of Investments

Egypt Becomes Africa Finance Corporation’s 32nd Member State, With a Potential of US Billion of Investments

CAIRO–(BUSINESS WIRE/AETOSWire) – Africa Finance Corporation (AFC) has welcomed Egypt as its newest member state. Egypt’s Prime Minister, H.E. Dr Mostafa Madbouly, committed North Africa’s most populous nation to become the 32nd member of the region’s leading infrastructure solutions provider, opening up a potential US$1billion of investments. “With the increasing importance of public-private partnerships in advancing the African continent and Egypt in particular, we are pleased to accede to membership of a renowned and trusted pan-African institution like Africa Finance Corporation,” Prime Minister H.E. Dr Mostafa Madbouly said. “We are…

Speed Medical SAE, Secures EGP 1.57 Billion Capital Commitment from Global Emerging Markets (GEM)

Speed Medical SAE, Secures EGP 1.57 Billion Capital Commitment from Global Emerging Markets (GEM)

Cairo, Egypt, Speed Medical Company (EGX: SPMD), today announced a EGP 1.57 billion capital commitment from GEM Global Yield LLC SCS (“GGY”), the Luxembourg based private alternative investment group. Under the agreement, GGY will provide Speed Medical Co. (SPMD) with a Share Subscription Facility of up to EGP 1,570 million for a 36-month term to use at its discretion, subject to agreed upon terms. The company will have no minimum drawdown obligation and is authorized to utilize the facility on an as-need basis over the life of the agreement. “We are…

Al Zorah launches second phase of “The Fairways”

Al Zorah launches second phase of “The Fairways”

Ajman, United Arab Emirates, (AETOSWire): Al Zorah Development Company launched the second phase of The Fairways district, making 17 new residential building plots available to investors to construct G+4 to G+10 floors modern designed buildings strategically located in Al Zorah – Ajman with unobstructed views towards the 18 holes championship golf course. Imad Dana, CEO of Al Zorah Development Company, said: “The Fairways has many distinct advantages primary of which is the vast open space that offers stunning views of the neighborhood and the 18 holes championship golf course that…

Azizi Developments revamps project designs to suit new normal

عزيزي تعمل على تجديد تصاميم مشاريعها بما يتلاءم مع متطلبات العملاء بعد الوباء 

Azizi Developments revamps project designs to suit new normal The developer is now catering to new investor and end user needs, such as by integrating more non-porous materials, dedicated home office spaces, space for kids to play, larger balconies and more Dubai, 26 July 2021: Azizi Developments, a leading private developer in the UAE, has overhauled the designs of its upcoming homes to appeal to customers’ post-pandemic needs. Amid the substantial changes in preferences due to the implications of the pandemic on residential developments, Azizi Developments has redefined several of its…

WORLD SECURITY WINS KEY PROJECTS IN VARIOUS SECTORS RANGING FROM RETAIL TO GOVERNMENT INSTITUTIONS  

فوز العالمية للأمن بمشاريع نوعية في قطاعات حيوية حكومية وقطاع التجزئة

WORLD SECURITY WINS KEY PROJECTS IN VARIOUS SECTORS RANGING FROM RETAIL TO GOVERNMENT INSTITUTIONS   Overcoming the challenges of the pandemic, the entity has ensured it creates a safe and secure environment for its clients across varied sectors DP World, UAE Region’s next-generation service provider, World Security, kickstarted 2021 on a high note with projects in varied crucial sectors, ranging from retail, government institutions and the hospitality sector. Building strong partnerships and collaborations is one of the core values of World Security. Working on this principle, the company has a…

Azizi Developments to leverage German engineering for its Dubai projects

عزيزي تستعين بالمدرسة الهندسية الألمانية للارتقاء بمعايير البناء في مشاريعها

Azizi Developments to leverage German engineering for its Dubai projects The developer is employing German engineers and architectural consultants, as well as sourcing German construction materials, to further improve its quality as demand from European buyers is on the rise  Azizi Developments, a leading private developer in the UAE, is scouting for more German engineers and architectural consulting firms to review its projects across Dubai, with new-hires and appointments to play key roles in ensuring that international quality standards are met and surpassed throughout its development processes in Dubai. Moreover,…

MENA tech-driven ventures could pay professionals more than double the current average salary

MENA tech-driven ventures could pay professionals more than double the current average salary

Dubai, United Arab Emirates, (AETOSWire): Cultivating a tech start-up culture is key to driving economic as well as environmental, social and governance (ESG) progress across the Middle East and North Africa (MENA) region, Crescent Enterprises’ Deputy CEO and Head of Investments Tushar Singhvi has said. According to public policy think tank Information Technology and Innovation Foundation, tech-driven ventures in the US present more attractive opportunities for professionals, paying an average of $102,000, more than double the current US average of $48,000. “With a mature tech start-up ecosystem, these opportunities could…