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November 4, 2024 foasummit0

The Ministry of Electricity (MoE) and GE Vernova have announced the early completion and energisation of five critical substations across the country in less than two years. These substations are said to be part of a nationwide project that involves the energisation of 10 substations by Iraq’s MoE and GE Vernova to improve grid stability, network efficiency and enable the interconnection with the Hashemite Kingdom of Jordan’s grid, providing more stable electricity for the people of Iraq.

The five new 132kV substations include Al Hindia, Al Sader, Al Qaim Saada, North Baqubah and Yaramja South. Both the North Baqubah and Yaramja South substations were delivered around six months ahead of schedule and were completed in August and September 2024. Construction and equipment installation works at the Rasafa Center substation have reached the final stages and will be energised soon, said a statement.

Four additional substations, North Najaf, North Karbala, North Diwaniya and Aredo, are scheduled for completion by summer of 2025.

Upon completion of the 10 substations, the Iraqi transmission system will be able to transmit an additional 2,200MVA of power, enabling improved transmission of the equivalent amount of electricity needed to power approximately 300,000 households or about one million people, it added.

“The strategic collaboration with reputable international companies, such as GE Vernova, supports the Ministry’s efforts to modernise the national electricity grid by enhancing generation and transmission efficiency, and providing a reliable technical map that provides flexibility in transferring loads and achieving stability in connecting to each other,” said Iraq’s Minister of Electricity, Ziad Ali Fadhil.

He added, ”In this context, these five substations that were completed and energised ahead of schedule represent a key milestone and an important addition to our efforts as they directly contribute to improving the stability of the grid in the surrounding areas, and are necessary to meet the growing demand for electricity. The completion of these complex projects ahead of schedule demonstrates the commitment of the Ministry of Electricity teams and their focus on achieving tangible results.”

Johan Bindele, Leader of GE Vernova’s Grid Systems Integration business added, “By executing these transformative electrification projects in partnership with the Ministry, our advanced substation solutions are not only stabilising the grid but also accelerating Iraq’s transition to a more reliable, affordable, and sustainable energy future.”

Rasheed Janabi, President of GE Vernova in Iraq noted, “As a dedicated, long-term player in the energy sector in Iraq, we are committed to meeting the growing energy needs of Iraq’s economy with the latest technologies and solutions across the energy value chain. This latest grid modernisation milestone is part of a comprehensive strategy that GE Vernova developed to help accelerate Iraq’s transition to more reliable and lower carbon power for the benefit of present and future generations. We are proud of the key role of the Iraqi team members from both GE Vernova and MoE in these projects.”

Over the past decade, GE Vernova has built and energised a total of 30 substations, including five 400kV substations in Al Khairat, Nainawa, Mansouriya, Mosul East, Al Fao and Baghdad Northwest. In addition, four132 kV substations were completed in Dohuk province in Kurdistan region, further strengthening Iraq’s power infrastructure.

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Source: ME Construction News


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November 1, 2024 foasummit0

Ohana Development has announced its plans to launch a luxury branded residence project in partnership with a global luxury brand. The exclusive development will be located in Abu Dhabi, and is set to redefine luxury beachfront living in the UAE, said a statement from the developer.

Scheduled for an official reveal in Q1 2025, the project will represent another branded residence project by Ohana Development, following its recent Elie Saab Waterfront by Ohana project.

Engineer Husein Salem, CEO of Ohana Development said, “We are thrilled to partner with one of the world’s most renowned luxury brands, bringing unparalleled beachfront living experiences to Abu Dhabi’s bustling real estate sector. The project will combine elegant design with incredible surroundings, offering an exclusive lifestyle for residents. We look forward to sharing more details in the coming weeks.”

Ohana Development is known for its portfolio of waterfront properties, such as the Ohana Villas, featuring crafted pieces from the ELIE SAAB Maison collection, in addition to Ohana Hills, a residential community and Ohana by the Sea, which features luxury villas, as well as the Elie Saab Waterfront by Ohana. This development will exemplify the company’s commitment to creating sophisticated, unique spaces that offer exceptional lifestyle experiences across the UAE and beyond, the statement concluded.

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Source: ME Construction News


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November 1, 2024 foasummit0

Marjan through its subsidiary RAK Central has signed an agreement with Pantheon Development, to acquire and develop a major project at their mixed-use destination in the northern emirate. The upcoming project will feature residential apartments, offices, and hotel apartments, and is expected to be completed by Q1 2029.

The acquisition of prime land and the commencement of the project reinforces RAK Central’s vision to be the northern emirate’s corporate base and aligns with the mixed-use destination’s strategic goal to be a vibrant space to live, work and play. It underscores Patheon Development’s belief in RAK Central’s potential for further growth and development, said a statement.

“RAK Central is designed as a vibrant destination to strengthen Ras Al Khaimah’s business ecosystem in alignment with RAK Vision 2030. This commitment from Pantheon Development heralds an exciting new chapter in the growth of this first-of-its-kind Grade-A commercial district in the northern emirate. We are confident that the new mixed-use project will further our ambitious agenda of creating one of UAE’s most dynamic and robust financial hubs to boost the local economy. It marks the commencement of a long-term development project, signaling opportunities for future investment and growth in RAK Central,” said Arch. Abdulla Al Abdouli, Chief Executive Officer, Marjan.

Kalpesh Kinariwala, Founder of Pantheon Development noted, “We are excited to embark on a new journey at RAK Central with its potential to be a major financial hub in the region with a growing focus on infrastructure and real estate. Pantheon Development has made a name for itself by blending modern design with functionality and affordability and we look forward to setting new benchmarks in urban living at this vibrant space. Its central location combined with easy access marks it out as a prime area for growth. Our commitment to build thriving communities and provide affordable luxury leads our vision as we look forward to this dynamic new project.”

Located on Sheikh Mohammed bin Salem Al Qasimi Street, with views of Al Hamra Golf Club and the Arabian Gulf, RAK Central is the commercial business district in the northern emirate. Set to become Ras Al Khaimah’s business hub, the project will house leading businesses and other entities in the region.

RAK Central is said to be a mixed-use development designed to offer three million square feet of rentable office space, more than 4,000 residential apartments, four hotels with a capacity surpassing 1,000 keys, multiple parks and green spaces, various retail and entertainment facilities, and several interconnected buildings with over 1,000 parking spaces for visitors.

The project is expected to attract investment from multinational companies in diverse business sectors, including hospitality, leisure, retail, finance, logistics and construction. The first phase of the infrastructure and the main business complex is expected to be completed in Q4 of 2026.

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Source: ME Construction News


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November 1, 2024 foasummit0

Fugro’s Board of Management has appointed Annabelle Vos as Group Director for the Middle East & India. Annabelle will take over responsibility for the region from 1 January 2025. Vos has been part of Fugro since 2016, when she joined as General Counsel and Chief Compliance Officer.

Prior to joining Fugro, she worked in private practice for 11 years at De Brauw Blackstone Westbroek, a law firm in the Netherlands, in their M&A and corporate litigation practice groups. She is a member of the Supervisory Board of SIF Group N.V.

Mark Heine, CEO of Fugro noted, “Annabelle has been instrumental in driving Fugro’s growth and success, all while being a strong promoter of company values and showcasing great personal leadership. Her extensive international background and keen eye for business success and excellence make her the ideal leader to grow our Middle East & India operations.”

Vos noted, “I’m very much looking forward to taking on the responsibility for the Middle East & India region for Fugro and to contributing to Fugro’s further growth. The region holds great promise and I’m excited to work together with the team to expand our business in the Middle East and India.”

Vos succeeds Tim Lyle who decided to leave Fugro for personal reasons. The process for hiring a new General Counsel and Chief Compliance Officer has been initiated, the statement noted.

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Source: ME Construction News


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November 1, 2024 foasummit0

AD Ports Group has signed a Memorandum of Understanding (MoU) with the Somali Ministry of Fisheries & Blue Economy to explore the possibility of jointly investing and developing the nation’s fisheries, ports, and maritime sectors.

The MoU will explore potential collaborations in integrating fish ports and processing plants, developing a maritime monitoring centre and stations, upgrading port infrastructure, building integrated fishing ports, and establishing a technical vocational training school, said a statement.

AD Ports Group brings experience in managing ports, economic cities, and free zones, in addition to providing integrated multi-modal logistics services in the UAE and globally. In collaboration with the Somali Ministry of Fisheries & Blue Economy, AD Ports Group will look for opportunities to develop the maritime and fisheries sectors and explore other potential projects.

In Africa, AD Ports Group recently secured concessions in the ports, maritime, and logistics sectors in Egypt, the Republic of Congo, Angola, and Tanzania. The United Arab Emirates is a long-time supporter of the people of Somalia, where agriculture makes up about two-thirds of economic output, the statement noted.

Mohamed Juma Al Shamisi, Managing Director & Group CEO, AD Ports Group said, “AD Ports Group will explore supporting Somalia’s positive economic growth through potential investments and other collaborations in the nation’s ports, fisheries and maritime sectors. Under the wise guidance of our leadership, AD Ports Group and the Federal Ministry of Fisheries & Blue Economy – Somalia will seek opportunities to unlock the potential of the country’s maritime and fisheries sector by leveraging the Group’s global expertise and resources to generate long-term growth and regional connectivity.”

The MoU will also consider ways to cooperate on the enforcement and implementation of maritime regulations, support the development of technology and infrastructure, and explore the potential provision of project management and other opportunities of mutual interest, the statement concluded.

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Source: ME Construction News


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October 31, 2024 foasummit0

Vietnam-based Vingroup JSC and AD Ports Group have signed a Memorandum of Understanding (MoU) to explore jointly developing and modernising ports, logistics and maritime infrastructure in Vietnam.

The MoU will investigate opportunities to collaborate in the joint development of integrated logistics ecosystems, seaport operations and shipyards to strengthen Vietnam’s logistics and manufacturing sectors, helping to position the country as an emerging trade hub in regional and global supply chains, AD Ports Group noted.

Under the terms of the MoU, Vingroup will assess which potential projects could be secured for development, where it could oversee construction, provide essential infrastructure, and engage with local partners.

AD Ports Group has agreed to manage the operational aspects of the projects, while connecting with international customers to position Vietnam as part of the global supply chain.

Together, Vingroup and AD Ports Group will work to arrange funding for projects, and toward potential partnership that could drive Vietnam’s logistics and manufacturing sectors, fostering trade efficiency, operational interconnectedness, and creating thousands of jobs to benefit the local economy.

“We are excited to be exploring ways to work alongside AD Ports Group to bring transformative logistics capabilities to Vietnam. This collaboration aligns with Vingroup’s commitment to national development and represents a significant step toward establishing Vietnam as a strong player in global logistics. Vingroup’s projects consistently meet or exceed timelines and quality standards, setting new benchmarks for the market,” said Le Thi Thu Thuy, Vice Chairwoman of Vingroup.

Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group noted, “Vietnam is one of the fastest-growing economies in Asia, with GDP forecast to continue rising in the next few years. We are excited about the possibility of working with Vingroup to help modernise the nation’s ports, maritime and logistics infrastructure, while boosting Vietnam’s role as an international trade hub. Under the vision of our wise leadership, AD Ports Group looks forward to extending its activities into Southeast Asia and helping Vietnam improve its interconnectivity with the global trade ecosystem.”

Vietnam has become a dynamic hub for trade and manufacturing in Southeast Asia, driven by rapid infrastructure development and a highly competitive logistics sector. The MoU to pursue a collaboration between Vingroup and AD Ports Group would support Vietnam’s ambitions to integrate into the global supply chain, reinforcing its international logistics and manufacturing capabilities, the statement concluded.

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Source: ME Construction News


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October 31, 2024 foasummit0

A high-level Dubai Electricity and Water Authority (DEWA) delegation has visited the Microsoft headquarters in Los Angeles to explore the transformative potential of artificial intelligence (AI) in enhancing workforce productivity and advancing smart infrastructure, DEWA has announced.

The delegation led by Saeed Mohammed Al Tayer, MD and CEO of DEWA, met Microsoft executives Rajmohan Rajagopalan, General Manager of M365 Copilot and Apps, and Ricardo Villalobos, Principal Director of Industry Software Engineering.

Discussions are said to have been focused on using Microsoft AI solutions to create an empowered, efficient, and smart workforce and exploring AI-driven smart building solutions – aligned with DEWA’s commitment to digital innovation and sustainable infrastructure.

Earlier this year, DEWA equipped its employees with the smart assistants Microsoft 365 Copilot and Microsoft Security Copilot, making it the first government entity in the UAE to adopt Microsoft’s technology.

This initiative forms part of DEWA’s strategy to enhance efficiency, productivity, and quality by integrating innovation and the latest disruptive technologies. DEWA is among the first utilities globally to adopt Microsoft’s Copilot.

The Microsoft team demonstrated the capabilities of Microsoft 365 Copilot, an advanced AI tool designed to boost workforce efficiency by automating and improving daily operations.

Saeed Mohammed Al Tayer emphasised DEWA’s commitment to leveraging cutting-edge technologies to achieve its strategic goals of operational excellence, customer satisfaction, and environmental sustainability. “DEWA is dedicated to adopting the latest digital solutions, including AI, to maintain our position as a globally leading sustainable and innovative utility while contributing to Dubai’s vision as a smart and sustainable city. Our collaboration with Microsoft supports this mission and unlocks new technological advancements that will benefit our workforce and customers alike.”

Discussions also covered Microsoft’s AI-powered smart building solutions, aimed at optimising energy use and fostering sustainable building environments. Both initiatives align with DEWA’s vision to advance sustainability, innovation, and smart city development in Dubai.

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Source: ME Construction News


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October 31, 2024 foasummit0

Khalifa Economic Zones Abu Dhabi – KEZAD Group and Emtelle, a manufacturer of fibre-optic and microduct solutions announced the opening of Emtelle’s new US $50mn global innovation and manufacturing facility in KEZAD Area A (KEZAD Al Ma’mourah).

The 48,000sqm facility marks a milestone in Emtelle’s expansion within the Middle East and North Africa (MENA) region, further strengthening the company’s commitment to providing high-performance telecom infrastructure solutions to the global market.

The facility is a Build-to-Suit solution developed by KEZAD specifically for Emtelle, which will enable the company to serve the increasing demand for high-speed internet and telecom infrastructure in the region and around the world. This hub will produce a full range of passive telecommunication network solutions, including microduct tube bundles and award-winning pre-connectorised fibre solutions, ensuring faster delivery, increased production capacity, and streamlined service to customers across the MENA region.

The facility will also play a pivotal role in supporting the UAE’s growing telecom infrastructure needs as the country continues its digital transformation. This investment aligns with Emtelle’s vision in providing innovative and sustainable telecom solutions that are critical to the development of smart cities and connected communities.

Designed with scalability and sustainability at its core, the facility will utilise energy-efficient technologies and resource management systems to ensure minimal environmental impact. Emtelle is also focused on fostering local talent, with the new establishment expected to generate numerous employment opportunities for skilled workers in Abu Dhabi.

Abdullah Al Hameli, CEO, Economic Cities & Free Zones, AD Ports Group said, “Emtelle’s new facility is a welcome addition to our thriving ecosystems for advanced manufacturing. It reinforces KEZAD’s growing appeal as an international hub for business, and puts Abu Dhabi on the global industrial development map. It also highlights industry 4.0 initiatives in KEZAD, transforming manufacturing for enhanced productivity and efficiency.”

“High-speed and efficient telecom infrastructure solutions are vital to address the evolving needs of a digitally connected world. With the increased demand for faster, more reliable and scalable services, Emtelle’s new plant in KEZAD will meet market demands effectively. We wish Emtelle continued success and remain committed to supporting their growth,” added Hameli.

Tony Rodgers, CEO of Emtelle Group remarked, “This new facility in Abu Dhabi is a key part of our long-term strategy to increase capacity and efficiency in one of our fastest-growing markets. By manufacturing at the KEZAD Hub, we are not only reducing lead times but also reinforcing our commitment to meeting the demands of our regional customers. KEZAD’s strategic location and excellent logistics infrastructure have been instrumental in making this possible.”

With the new hub now operational, Emtelle is positioned to deliver its fibre-optic and microduct solutions across the MENA region, helping to drive forward the region’s telecommunications capabilities.

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Source: ME Construction News


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October 31, 2024 foasummit0

Developer QUBE Development has launched Arisha Terraces, a new residential development located in Dubai Studio City. The third project in QUBE’s expanding portfolio, Arisha Terraces features 419 units, spanning across four low-rise buildings, 122 different apartment layouts, and a range of studios, one-bedroom, and two-bedroom apartments.

The development is said to be designed with sustainability in mind and uses energy-efficient designs and a range of modern amenities. Investors buying in Arisha Terraces will benefit from long-term capital appreciation due to its prime location and high demand for quality housing, the developer noted.

The project includes solar panels on its roof to reduce energy consumption, costs, and decrease service charges, as well as filtered and drinkable tap water in all units and common areas, reducing plastic waste. The low-rise buildings also feature a communal hydroponic rooftop garden where residents can grow fresh, organic produce.

Arisha Terraces is designed to foster a social environment and houses a two-level community centre that will serve as a social hub, complete with flexible co-working spaces, for remote professionals, alongside a cinema lounge, a library, and a communal kitchen designed for sharing culinary moments. It also features a central courtyard that is designed as a multi-functional space for sports, relaxation, and social gatherings, including BBQ and firepit zones, along with wellness amenities such as a rooftop padel court and an indoor/outdoor gym and yoga studio.

All apartments are fitted with Bosch appliances and integrated smart home systems featuring environmental sensors to promote energy efficiency. Every unit is designed with outdoor living in mind, featuring spacious balconies or terraces, and select apartments include pergolas for enhanced privacy and outdoor enjoyment.

Leon Kolflaath, Project Director of Arisha Terraces stated, “Arisha Terraces embodies the concept of ‘genuine living’, offering a truly authentic and sustainable home experience. This project blends exceptional design and high-quality craftsmanship with a strong sense of community. Located within Dubai Studio City, Arisha Terraces provides more than just a place to call home, it fosters a lifestyle centred on authentic experiences and a close-knit community. With a focus on premium finishes and meticulous attention to detail, it is designed to meet the needs of young families and professionals, offering a harmonious balance between modern convenience, well-being, and a deep connection to nature.”

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Source: ME Construction News


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October 30, 2024 foasummit0

Developer Ellington Properties has announced the appointment of Dutco Construction as the lead contractor for its One River Point project, which is billed as a premier waterfront residential development in the heart of Business Bay.

As part of the in-house synergy between Dutco Ellington and Dutco Construction, the appointment is designed to highlight the efficiency and quality ensured by having both the developer and contractor under one umbrella. The project is expected to be completed by Q2 2027.

On the contract win, Nelson Gibb, Group CEO of Dutco said, “We are excited to take on the construction of One River Point, a landmark development that exemplifies the strength of our collaboration with Ellington Properties. This project is a testament to the synergy between our deep-rooted construction expertise and Ellington’s innovative, design-led vision.”

“By working together under one roof, we can streamline operations, optimise resources, and ensure seamless coordination at every stage. This unique approach not only enhances efficiency but also guarantees that One River Point will set new standards for waterfront living in Dubai, from design and quality to timely delivery and overall experience.”

As a trusted Tier 1 contractor recognised for its quality execution and on-time delivery, Dutco Construction will now proceed to manage the construction of One River Point, the statement noted.

Joseph Thomas, Co-Founder of Ellington Properties commented, “One River Point is not just a residential development; it is a reflection of our long-standing commitment to creating homes that inspire and uplift. By appointing Dutco, we are not just selecting a contractor but ensuring that One River Point will be delivered with the highest standards of quality and on schedule. The benefits of having both the developer and contractor working in sync allow us to bring this exceptional project to life more efficiently and with a shared commitment to excellence.”

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Source: ME Construction News