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September 30, 2024 foasummit0

Honeywell has announced it is collaborating with Samsung E&A to market solutions aimed at the power plant sector globally. The initiative seeks to reduce carbon emissions and contribute to the fight against climate change.

Samsung E&A, a total solutions provider for the energy industry will use Honeywell’s carbon capture technologies to help power plants reduce carbon emissions and meet environmental goals. The companies will offer customers access to a carbon capture solution by jointly marketing Honeywell’s advanced solvent carbon capture (ASCC) technology.

“As two carbon capture leaders, our collaboration highlights the importance of cooperative approaches in reducing greenhouse gas emissions. Deploying Honeywell’s carbon capture technologies allows Samsung E&A to offer viable, more sustainable solutions for global clients during this energy transition,” said Hong Namkoong, president and CEO of Samsung E&A.

Carbon capture, utilisation, and storage (CCUS) can significantly reduce carbon dioxide (CO2) emissions, acting as a crucial stopgap during the transition from fossil fuels to lower-carbon energy sources. These technologies help to mitigate the environmental impact of various industries responsible for greenhouse gas emissions.

“Honeywell has long been a global leader in carbon capture technologies and our collaboration with Samsung E&A only further highlights our commitment to reducing emissions and tackling climate challenges. With decades of experience and a broad portfolio of carbon capture solutions, we are ready to help businesses meet growing carbon mitigation expectations and increasingly stringent environment goals by abating emissions from existing sources,” said Ken West, President and CEO of Honeywell Energy and Sustainability Solutions.

Honeywell’s CCUS technology has been developed and deployed in numerous applications globally. Between 2023 and 2030, Honeywell estimates that the company’s CCUS technologies will have a cumulative impact of mitigating 320m metric tons of CO2e.

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Source: ME Construction News


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September 27, 2024 foasummit0

Nakheel has awarded a US $490mn contract for the construction of Como Residences on Palm Jumeirah to ALEC Engineering & Contracting.

Scheduled for handover in Q2 2028, the 75-storey residential project will stand over 300m tall and offer 81 residences, ranging from two- to seven-bedroom apartments, including a duplex penthouse. A maximum of two apartments occupies each floor, providing an exclusive lifestyle for residents, served by access-controlled elevators leading to private lobbies, said a statement.

The design of each apartment will give residents a 180-degree view of the sea and skyline, while apartments placed from level 23 and above have a 360-degree panoramic view of Jumeirah Burj Al Arab to the east and Ain Dubai to the west.

“Nakheel has a proud legacy of delivering iconic projects like Palm Jumeirah that transform Dubai’s skyline,” said Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate. “Como Residences builds on this legacy, reflecting our commitment to developing world-class destinations. This is more than just another residential development; it’s a statement of Dubai’s ambition and sets a new standard for waterfront luxury. With its limited collection of exquisite residences, breathtaking views and unparalleled amenities, Como Residences will solidify Dubai’s position as a global leader in real estate.”

Barry Lewis, Chief Executive Officer of ALEC Engineering & Contracting added, “With its curated amenities and opulent finishes that will rival those of even the most luxurious properties, Como Residences promises to stand apart as the pinnacle of urban living. We are pleased that Dubai Holding Real Estate is entrusting this iconic project to us. I am confident that given our track record of executing some of the most ambitious projects in the region, we will be able to deliver a tower that will further elevate Dubai’s world-renowned city skyline.”

In line with Nakheel’s heritage for creating waterfront living experiences, Como Residences’ architectural design is said to take inspiration from the sea that it overlooks, reflecting patterns of a seashell and providing an organic reflection of nature. A feature of Como Residences is its series of elevated private sandy beaches, with most levels of the residences featuring both communal and private pools, and the views of the sea from each apartment, the statement explained.

Residents can also enjoy rooftop infinity pool and an observation deck on the 75th floor, providing panoramic views of the Dubai skyline and the Arabian Gulf. Amenities will also include private parking, an onsite spa, gym with a view, green spaces and children’s play areas. Como Residences also features an architecturally unique entrance and main lobby with valet and concierge services, the developer noted.

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Source: ME Construction News


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September 27, 2024 foasummit0

Jubail Island Investment Company (JIIC) has awarded the construction contract for the Jubail Town Centre in Souk Al Jubail. The $108mn contract was awarded to Bright Accord General Contracting Company and comprises four office buildings and two residential buildings – Jubail Terraces buildings 7 and 8.

Jubail Town Centre is a family-friendly destination offering a modern, vibrant environment that includes well-being, connectivity, leisure, retail, and commercial services. With direct access to the E12 Highway, the Town Centre includes commercial properties, low-rise residential buildings, green spaces, walkways, and seating areas, encapsulating the essence of community life on the island, JIIC said in a statement.

It will feature outdoor spaces and parks, a mosque, medical clinic, nursery, supermarket, fitness centres, over 40 retail outlets, 5-star rated F&B pavilions, campus-like offices, wellness hubs, and a community centre and a beach club.

Within the Town Centre, Jubail Terraces offers apartments including studios, one, two, and three-bedroom units, as well as duplexes. Retail spaces have been designed to create an engaging shopping environment for both the local community and visitors.

“JIIC is committed to delivering high-quality developments that enhance the lives of residents and visitors to Jubail Island,” said Engineer Abdulla Saeed Al Shamsi, Corporate Director of JIIC. “Jubail Town Centre is a testament to our vision of creating a dynamic community that harmonises with the natural beauty of Jubail Island. We are thrilled to embark on this project with Bright Accord General Contracting Company and look forward to the successful completion of this exciting project.”

Owned by JIIC and developed and managed by LEAD Real Estate Developer, Jubail Island will comprise six residential villages amongst the mangroves. The community will offer residents every convenience and amenity, sustainable living, in addition to Abu Dhabi’s real estate landscape.

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Source: ME Construction News


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September 27, 2024 foasummit0

Summertown Interiors has released its 2024 Sustainability Report, revealing progress in terms of waste management. The company said it diverted 58% of project waste from landfills, surpassing its annual target by 18%. This achievement is said to be a milestone in its JOURNEY2030 strategy, which aligns with global and regional sustainability goals, including the UN SDGs and UAE Green Agenda 2030.

The ninth annual sustainability report covering the fiscal year from 1 April 2023 to 31 March 2024, details Summertown Interiors’ progress across eight critical areas as per the press release:

  • Sustainable Projects: 21% of 24 projects achieved a LEED certificate, with 51% of materials sustainably sourced. New project management software, Mastt, was introduced to enhance real-time data tracking and efficiency across all projects, along with Cybersafe training implemented for IT security across all operations
  • Environmental Impact: The firm recorded a 30% reduction in water intensity and a decrease in greenhouse gas emissions compared to the previous year. The improvements in waste management were credited to the firm’s continued participation in the “Living Business Programme 2023” with the National Bank of Fujairah, which facilitated partnerships aimed at further reducing construction waste sent to landfills
  • Social: Summertown Interiors earned Great Place To Work recognition, with 88% of employees recommending the company. Its diverse and inclusive workforce comprises 14 nationalities and 34.8% female representation, significantly higher than the UAE construction sector’s 9% average, according to the Bureau of Labor Statistics
  • Community: The Summertown Employer Supported Volunteering Scheme gave employees two paid days annually to contribute to community initiatives and meaningful volunteer work

  • Transparency and Anti-Corruption: The company-maintained its record with zero incidents of corruption reported. This was supported by 100% of employees completing anti-corruption training
  • Economic Performance: Despite a 32% turnover adjustment, Summertown Interiors remained financially stable, with turnover figures only 4% below the five-year average. The company achieved an In-Country Value (ICV) score of 25% in Dubai and 26% in Abu Dhabi, reflecting its commitment to local economic value creation by prioritising local suppliers and resources
  • Human Rights: All employees complete human rights training, and 100% of vendors were vetted through rigorous procurement processes. No employee grievances were reported, underscoring the company’s commitment to a fair and respectful workplace

Marcos Bish, Managing Director of Summertown Interiors stated, “Our 2024 Sustainability Report highlights our unwavering commitment to sustainability.  JOURNEY2030 isn’t just a strategy—it’s our north star, guiding us to deliver sustainable interior solutions and create a safe, thriving workplace. We align with the UAE’s national sustainability agenda and the UN Sustainable Development Goals because we believe in a future where every project contributes to a better world.”

“Over the past year, we’ve focused on meeting external sustainability accreditations for all projects, eliminating waste to landfills from our offices and sites, and improving workplace happiness and well-being. As we move forward, we’re committed to leading the charge in sustainable fit-out practices and education, constantly evolving and innovating to meet our JOURNEY2030 goals,” Bish added.

The Summertown 2024 Sustainability Report follows the Global Reporting Initiative (GRI) Standards, ensure reporting in principles of accuracy, balance, clarity. Summertown Interiors also conducts internal assurance processes, including reviews by the sustainability committee, corporate team members, and all responsible departments to uphold the report’s integrity and reliability, the statement concluded.

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Source: ME Construction News


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September 24, 2024 foasummit0

ASB Hospitality has appointed Dutco Construction as the main contractor for the Gran Meliá Hotel Dubai Jumeirah. Set to be the first beachfront property under the Gran Meliá brand in the UAE, the resort will be a addition to Dubai’s luxury hospitality sector.

Located on the prime headland of Port De La Mer in Jumeirah, the development spans a plot totalling 31,066sqm, and will have a gross floor area (GFA) of 42,522sqm and built-up area of 88,909 sqm. The resort will offer views of the Arabian Gulf from three sides of the hotel and Dubai skyline.

“The Gran Meliá Hotel – Dubai Jumeirah represents more than just another hotel; it’s a lifestyle destination, born from the strategic partnership between ASB Hospitality and Meliá Hotels International. This collaboration brings together a wealth of expertise and vision to create an exceptional guest experience. By partnering with Dutco Construction, renowned for their excellence and precision, we are confident that our ambitious vision will be realised to the highest standards of quality and luxury,” said Heddo Siebs, CEO of ASB Hospitality.

The 5-star resort will have 380 keys, including 31 exclusive suites with private pools, and can accommodate up to 1,000 guests. Each room will boast views of the sea and city.

Nelson Gibb, CEO of Dutco Group added, “We are thrilled to be appointed as the main contractor for the Gran Meliá Hotel – Dubai Jumeirah, a project that will raise the bar for luxury hospitality in the UAE. Partnering with ASB Hospitality on such a visionary development is a privilege, and we are committed to delivering a resort that will become the next icon in Dubai’s skyline.”

Lead consultant and project architect MOMA known for innovative and context-driven designs says the hotel concept draws inspiration from the elegant contours of an oyster shell. This ensures all guest balconies are oriented towards the sea to maximise the views. The interiors, designed by Lagranja Studio, add a modern, aesthetic and creating a blend of luxury and comfort, it added.

Amenities will include state-of-the-art wellness and fitness centres, direct marina access, and a private beach. The resort will feature two swimming pools: one of the UAE’s longest infinity pools at 63m, overlooking the sea, and a garden oasis pool measuring 53 x 11m, offering guests a serene retreat.

Carter Hones Associates, also appointed by ASB Hospitality, will provide project and cost consultancy services throughout the construction process, drawing on their expertise in the luxury hospitality sector in the region.

Nathan Hones, COO at Carter Hones Associates added, “We are honoured to contribute our expertise to such a distinctive hospitality project. This collaboration allows us to work alongside visionary and respected partners who share our commitment to delivering a property that will stand as a symbol of excellence in hospitality. With enabling and piling works already completed, structural concrete work has commenced, and construction is progressing rapidly. The resort is on track to open in Q4 2026.”

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Source: ME Construction News


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September 24, 2024 foasummit0

Mouawad and OCTA Properties have inked an agreement which will see OCTA Properties serve as the global licensee for Mouawad-branded residences, marking a new chapter in the jewelry brand’s journey into the world of premium real estate.

As the provider of branded residence services, OCTA Properties’ innovative solutions and partnerships with Mouawad’s high-profile developments aims to ensure that each residence will embody Mouawad’s every detail.

The partnership is long-term and not limited to just one project. The agreement is already in effect, with both parties excited to deliver experiences in the luxury branded residences, said a statement.

Pascal Mouawad, Fouth Generation Co – Guardian noted, “For more than a century, Mouawad has long been a hallmark of luxury and enduring elegance. Our collaboration with OCTA Properties enables us to expand our legacy into the realm of branded residences, infusing our unique identity into prestigious developments around the world. We believe this milestone will set a new standard for luxury living in the real estate market.”

Fawaz Sous, CEO of OCTA Properties added, “We are honored to be chosen for this transformative venture. Collaborating with Mouawad to introduce their iconic brand into the luxury residential sector aligns perfectly with our expertise. We are eager to unveil our first project and embark on this extraordinary journey.”

The exclusive partnership promises a unique lifestyle experience, blending Mouawad’s rich heritage with OCTA Properties’ cutting-edge development expertise.

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Source: ME Construction News


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September 24, 2024 foasummit0

Nine Yards Real Estate Development has announced the appointment of ZÜBLIN Construction as the main contractor for the Yas Bay ‘Sea La Vie’ project, on Yas Island in Abu Dhabi.

With 125 years of experience in the construction industry globally and 41 years locally, ZÜBLIN is said to be known for its broad-ranging expertise in construction; the company offers services across various sectors, including turnkey building construction and infrastructure.

The appointment of ZÜBLIN ensures EIH’s dedication to the standards of quality and project execution, said the developer.

Low Ping, Group CEO, EIH said, “The decision to award ZÜBLIN as the main contractor illustrates EIH’s commitment to quality and timely delivery of Sea La Vie. This collaboration will further enhance the high standards expected on this development by existing and potential buyers.”

Located in Yas Bay on Yas Island, Abu Dhabi, Sea La Vie is a 4-tower residential complex and will boast a unique triangular design and aims to maximise sea views. Offering a variety of  one–four-bedroom apartments, including lofts, townhouses, duplexes, and penthouses, Sea La Vie will also feature a number of lifestyle amenities with a strong emphasis on safety, security, and sustainability.

The property is a highly attractive investment opportunity for both residents and commercial investors alike thanks to its proximity to Yas Creative Hub, which is poised to draw thousands of international professionals in the next few years.

With the construction of Sea La Vie already underway, this strategic move marks a crucial step forward in the development’s timeline and further cements Nine Yards Real Estate Development’s reputation for achieving project milestones.

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Source: ME Construction News


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September 24, 2024 foasummit0

Oman-based Nama Power and Water Procurement Company (Nama PWP) has announced that utility project developers including Saudi-based Acwa Power, Japan’s Sumitomo and Itochu, Framce’s TotalEnergies and EDF, as well as UAE-based Masdar, have emerged as top qualifiers for the development of five large-scale wind energy projects.

The exclusive procurer of power and water in Oman, Nama PWP, said these projects, located across key governorates represent a significant milestone in the sultanate’s journey towards achieving its renewable energy goals and transitioning to a low-carbon future.

The wind Independent Power Projects (IPPs) will contribute to the sultanate’s broader strategy to generate 30% of its energy needs from renewable sources by 2030, thereby reducing dependence on conventional fossil fuels and enhancing energy security.

Nama PWP has been actively working to diversify the Sultanate of Oman’s energy mix by facilitating competitive tenders for renewable energy projects, including solar and wind initiatives.

These five large-scale wind energy projects are:

  • Jalan Bani bu Ali Wind IPP: located in the South Sharqiyah Governate, with 91-105MW capacity, the facility is due for commercial operation in Q1 2027
  • Duqm Wind IPP: located at Ras Madrakah in Duqm, with 234-270 MW capacity, the facility is due for commercial operation in Q4 2027
  • Mahoot Wind I IPP: the project, which has a capacity of 342-400MW, will be developed in Al Wusta Governate and is due for commercial operation in Q4 2027
  • Dhofar Wind II IPP: this will be adjacent to the existing Dhofar Wind I IPP in Shaleem and Al Hallaniyat Islands in Dhofar Governate and will have a capacity of 114-132 MW. It is due to be operational in Q2 2027
  • Sadah Wind IPP: the facility, with a capacity of 81-99MW, will be developed at a site located in Dhofar Governate. It is due for commercial operations in Q4 2027

Nama said it was overwhelmed by the strong response for the five wind energy projects with a total of 16 statements of qualification (SOQs) submitted for the Jaalan Bani Bu Ali Wind IPP; 15 for the Dhofar II Wind IPP; 15 for the Duqm and Sadah Wind IPPs as well as 15 for the Mahoot I Wind IPP.

Following a comprehensive and rigorous evaluation process, 11 applicants were qualified for Jaalan Bani Bu Ali Wind IPP, while 12 each were qualified for the Dhofar II Wind IPP and Mahoot I Wind IPP as well as the Duqm and Sadah Wind IPPs.

The qualified applicants are Acwa Power; Sembcorp; Sumitomo; Itochu; TotalEnergies; Masdar; Al Fanar; EDF Renouvelables; Elecnor; Goldwind; GED and Marafiq; Hero Asia Investment.

According to Nama, these projects mark a major step in the Sultanate’s efforts to meet its net-zero carbon emissions target by 2050. Once operational, they will collectively reduce Oman’s carbon emissions by more than 978,000 tonnes per year and contribute significantly to the overall renewable energy output.

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Source: ME Construction News