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April 28, 2024 foasummit0

Stella Stays, the award-winning proptech company, offering customer-centric, technologically-supported living spaces, has recently inked contracts for two new buildings in Riyadh, Saudi Arabia,

The addition of these buildings marks a significant milestone for Stella Stays, it also underscores the company’s overarching mission; to provide enhanced user experiences and redefine the standards of modern living globally, said the firm in a statement.

Since its debut in Riyadh in June 2022, Stella Stays has welcomed over 100,000 guests. This is a testament to its compelling vision and operational excellence, the firm says.

The signing of the two new buildings are the company’s 3rd and 4th towers in Riyadh since launching in the Kingdom. The two new branded residences, set to open later this year, will offer guests Stella Stay’s signature user-centric services, with modern sleek interiors and spacious, fully-equipped apartments, specifically designed to cater to guest’s needs.

“Our journey since launching in Riyadh has been marked by significant achievements and learning. As we embark on the next chapter with our two new buildings, our mission remains steadfast: to innovate, excel, and satisfy our customers,” said Mohannad Zikra, CEO and founder of Stella Stays. “This expansion is a strategic step towards our goal of becoming a globally recognised leader in branded residences.”

The decision to expand Stella Stays’ footprint in Riyadh aligns with the company’s global vision of establishing a presence in key markets around the world. The two new buildings, located in Riyadh, offer a total of 162 units, further bolstering Stella Stays’ presence in the region. Further, the towers represent the company’s “Show Up and Start Living” concept, offering modern, fully equipped apartments and co-working spaces, along with other recreational, commercial and community amenities.

“At Stella Stays, our mission goes beyond simply providing accommodation; we strive to create immersive living environments that cater to the evolving needs of our residents,” added Mohannad. “Our branded residences are designed to offer a seamless blend of simplicity, technology, and convenience, setting a new standard for modern living.”

Stella Stays’ living spaces are distinguished by their emphasis on cutting-edge technology and personalized services. Each unit is equipped with smart home features that allow residents to control lighting, temperature, and security systems remotely. Additionally, Stella Stays’ proprietary mobile app provides residents with access to a range of services, including concierge assistance, maintenance requests, and community events. By leveraging advanced technology, Stella Stays are able to offer residents greater convenience, security, and connectivity, ultimately enriching their daily lives.

The post Stella Stays expands its Riyadh footprint appeared first on Middle East Construction News.


Source: ME Construction News


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April 28, 2024 foasummit0

In the wake of the recent severe weather conditions across the UAE, Daikin says it is standing “in solidarity with affected residents and businesses dealing with damaged property, lost furniture, and more” by offering free inspections and special rates for the repair of its air conditioning units in offices, apartments and villas across the UAE.

“Daikin recognises the critical importance of ensuring the safety and well-being of every member of the community during times of adversity. Understanding that a comfortable environment is essential for healing and recovery, Daikin steps forward to offer complimentary AC inspections for its units to assess any damage caused by the floods and special rates on parts and repairs. This initiative aims to aid homeowners and businesses restore comfort and normalcy to their living and working spaces,” said the firm in a statement.

“We understand the challenges that many families are facing in the aftermath of the recent adverse weather conditions. In moments of hardship, Daikin extends a compassionate hand, committed to aiding customers in restoring comfort and tranquility to their homes,” said Samer Alawiah, Managing Director, UAE at Daikin Middle East & Africa. “Our dedicated service team offers free inspections and thorough support on parts and services, ensuring the well-being of the community remains our utmost concern. Our goal is to provide assistance and support wherever we can and contribute to the recovery efforts.”

Daikin encourages residents and businesses in affected areas to make use of this initiative, available until 31st May, by reaching out to their nearest Daikin service hub to schedule an inspection appointment. “

We will relentlessly strive to alleviate the burden of adversity, ensuring your living and working spaces are havens once again. Your well-being is our priority, and we’re here to assist every step of the way,” he added.

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Source: ME Construction News


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April 26, 2024 foasummit0

SSH has completed the mixed-use development project at Ghala Heights in Muscat, Oman.

This integrated mixed-use development spans 146,776 sqm, making a significant mark on Muscat’s skyline. Situated just 5 km from Muscat International Airport, Ghala Heights will serve as the home for the Mövenpick Hotel and Hotel Serviced Apartments, an upscale four-star hotel providing 282 guest rooms and 58 serviced apartments.

The hotel boasts four dining options, a spa, a rooftop infinity pool, and a fitness centre, making it an attractive destination for tourists. Three residential apartment blocks, housing a total of 144 apartments, are located over a five-storey podium. The podium seamlessly combines office spaces with a ground-floor retail zone, while the basement parking accommodates 1,171 car spaces and operational facilities.

“The completion of the development at Ghala Heights represents a significant milestone for the Social Protection Fund (SPF) and SSH Oman. It’s the first development to bring the Movenpick brand to the Sultanate, complementing its 2040 Vision with yet another prestigious hospitality product that is added to the ongoing growth across Oman,” said Omar Nuri, Managing Director of SSH KSA, Oman, and Bahrain.

“With its location on the main expressway, the modern development is already a new landmark that will help strengthen the profile of Muscat as a regional hub for tourism and business. We are proud to have worked with the Social Protection Fund to deliver this important development completely and successfully. Congratulations to all the stakeholders involved.”

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Source: ME Construction News


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April 26, 2024 foasummit0

Raimondi Cranes have appointed Wael Hasan as General Manager, Raimondi Middle East. 

Based in Dubai, UAE, Hasan will report directly to Raimondi Group CEO, Luigi Maggioni and aims to fortify Raimondi’s presence in the GCC region by enhancing its operational structure, and caters to the boost in demand for the company’s tower cranes in the MENA region.

“Having served as Raimondi’s Commercial Director of the Middle Eastern subsidiary for the past seven years, Wael Hasan brings a wealth of regional experience and expertise to the role. With his exceptional leadership skills and hands-on team guidance, a keen understanding of market dynamics, and strong relationships, Wael has played a pivotal role in developing one of Raimondi’s key markets,” said Luigi Maggioni, CEO, Raimondi Cranes Group.

Under Hasan’s regional management, Raimondi Middle East has significantly expanded its client base, cultivated a robust network of partners in GCC countries, while significantly increasing the on-ground brand presence, specifically in key booming construction markets including UAE, Qatar and Saudi Arabia, said the firm in a statement.

His strategic approach has resulted in Raimondi participating in some of the region’s most relevant and prestigious projects: The Seef, one of Qatar’s most awaited residential developments, Deira Mall, one of the largest shopping centres in Dubai, and East Village, a district of Aljada megacity in Sharjah.

Over the past 36 months Raimondi Middle East has crossed the impressive milestone of deploying over 200 cranes regionally.

“As general manager, Wael will spearhead Raimondi’s effort to further strengthen its foothold in the GCC market, capitalizing on emerging opportunities and addressing evolving customer needs.

“This role positions him as a catalyst for Raimondi’s expansion strategy in the Middle East, specifically in the Kingdom of Saudi Arabia and will build on the company’s strong standing in UAE,” Maggioni continued, adding that the company’s Saudi expansion plan will be shared in the coming months.

“I am thrilled to support the Group vision by leading Raimondi Middle East into this next phase. I’m committed to leveraging our strengths, particularly the full-circle customer service and technical support functions, to capitalise on opportunities and deliver unparalleled value to our customers,” said Hasan.

To further flesh out the Middle East team structure, Hasan has appointed a new sales director to lead the segment across the region, confirmed Raimondi.

“The strategic appointment of Rinju Ravindran to the role of sales director comes in response to the surge in demand for heavy lifting equipment, fuelled by the rapid growth of infrastructure, residential, and mixed-use developments across the region,” commented Hasan.

With a focus on leveraging market opportunities, strengthening client relationships and sourcing new customers, Ravindran will be reporting Wael Hasan in his role as general manager.

Based between Riyadh and Dubai, Ravindran is a seasoned sector professional, armed with extensive experience from the heavy lifting industry. His career counts several sector relevant positions in companies from across the spectrum including manufacturing, fleet management, and more.

“Ravindran’s set of skills, market knowledge, and well-established network in the region will contribute toward achieving Raimondi Group vision of becoming the most responsive leader in heavy lifting solutions,” he concluded.

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Source: ME Construction News


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April 26, 2024 foasummit0

Samana Developers has launched a new project in Dubai Production City. Samana Lake Views is to be developed at a cost of US $272.2mn and will take shape near the lake in the freezone. The project is said to be part of Samana’s commitment of $3.4bn investment into UAE real estate this year.

The 3B+G+21 and B+G+2P+17 twin towers will span over a 794,000sqft plot and aims to offer 1,006 apartments which include studios, one and two bedrooms. The project is slated for completion in October 2027, and promises investors, homeowners and end-users a quality lifestyle and a high return on investment.

“Samana’s new project is the beginning of an expansion to a new dimension of designs that are planned to be built near the waterfront developments. The project is a blend of luxury, comfort, and a vibrant lifestyle. Developing our projects near the waterfronts are in response to the demand from our investors who prefer the resort-style communities as well as the prices that are within the reach of buyers and end-users,” said Imran Farooq, CEO of Samana Developers.

Key features of the residential complex will include private pools in all of the apartments and smart home technology. The two bedroom units come with maid rooms too, while amenities include kids’ pools, leisure pool decks, barbeque areas, lazy rivers, basketball courts, table tennis areas, cabana areas, shower areas, aquatic indoor and outdoor gyms, seating areas, relaxation zones, bonfires, kids’ splash pads, Virtual Reality (VR) golfing facility, outdoor cinema, trampoline park, as well as regular amenities.

“Our properties have seen higher potential for rental income and capital appreciation. That not only appeals to UAE expatriates but investors from the US, Europe, GCC and Asian countries as well,” stated Farooq.

As Samana Developers continues to push the boundaries in the real estate sector, the Samana Lake Views complex stands as a testament to the company’s unwavering commitment to affordable luxury, resort-style living and a healthy lifestyle, the statement noted.

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Source: ME Construction News


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April 26, 2024 foasummit0

UAE authorities have approved a US $540mn aid package to support Emiratis who were affected by the recent storms, which were said to be the worst in the country’s history. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai set out the major relief effort, as he chaired a meeting of the UAE Cabinet at Qasr Al Watan in Abu Dhabi.

Sheikh Mohammed said the funds would be used to address damage caused to the homes and property of citizens. He said a committee would be established to assess the damage caused by the adverse weather, which struck the country last Tuesday.

“In the Council of Ministers today, we approved an amount of 2bn dirhams to address the damage to citizens’ homes. A ministerial committee was assigned to follow up on this file, inventory the damage to homes, and disburse compensation in co-operation with the rest of the federal and local authorities,” stated Sheikh Mohammed.

He noted that the extreme weather was “unprecedented in its severity” and lessons would be learned from the deluge. He also noted that emergency services had received more than 200,000 calls related to the heavy flooding.

“Thanks to the follow-up and support of my President His Highness Sheikh Mohamed bin Zayed Al Nahyan, life returned to normal quickly. His Highness issued his directives to conduct damages assessments, provide support for families, and immediately assess the status of the infrastructure, emphasising that the safety of citizens and residents is the top priority,” commented Sheikh Mohammed.

Earlier in the week, His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates and Ruler of Abu Dhabi called for a quick response from authorities. He also expressed his appreciation for the awareness and responsibility shown by people during the adverse weather, according to a report by WAM.

The President also requested that authorities quickly work on limiting the damage caused after the country witnessed its heaviest rainfall on record, and asked that necessary support be provided to all families affected by the severe weather, ordering that they be moved to safe locations in co-operation with local authorities.

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Source: ME Construction News


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April 25, 2024 foasummit0

Saudi-PIF owned Roshn Group has launched its sixth integrated community in the Kingdom. Aldanah covers 1.7m sqm and will add more than 2,500 homes to the housing market in the economic hub, Greater Dammam. The project is expected to house 10,000 residents once it has been completed.

Aldanah is strategically located in the heart of Greater Dammam, at the confluence of Dammam, Dhahran, and Al Khobar, next to King Abdulaziz Road and just 20 minutes from King Fahd International Airport.

According to a statement, the project will feature thoughtfully placed amenities that provide residents with the convenience that has become Roshn’s signature, with a city experience centre, a district mall, three neighborhood retail centres, a primary healthcare centre, mosques, and six schools dotted throughout walkable neighbourhoods.

Aldanah’s design language will leverage the rich cultural heritage of the region, creating a daily dialogue between past, present, and future by combining traditional motifs with modern materials and techniques. The range of residences will offer an eclectic choice of homes for every family, with duplexes and villas configured specifically for Roshn’s latest community, the statement added.

In alignment with Roshn’s overarching philosophy and dedication to sustainability and enhancing the quality of life, Aldanah homes will benefit from exemplary energy conservation, with modern insulation as a result of ultra-low U-value concrete, 250l solar water heaters, and maximally efficient air-conditioning that combine to deliver energy saving significantly above the mandated Saudi Building Code, the developer said.

Close to 10% of Aldanah’s total footprint will be dedicated to urban green space, accompanied by shaded ‘Living Streets’, with native trees and shrubs, encouraging residents to connect with nature.

Aldanah will also incorporate cycle lanes and mobility hubs, providing residents with micro-mobility options, including e-bikes and e-scooters, reducing the need for traditional vehicles, the statement concluded.

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Source: ME Construction News


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April 25, 2024 foasummit0

SGW, a safety and security consultancy with offices in the UK, UAE, Saudi Arabia, and Singapore has been acquired by AESG. AESG notes that the deal augments AESG’s portfolio of multidisciplinary services for the construction industry, and has enabled the company to launch its new Security Consultancy service line.

Simon Whitehouse, founder of SGW and an industry veteran of nearly four decades, will head the newly founded service line as AESG’s Director of Security Consultancy. Having focused solely on the security engineering and security management profession through his career, Whitehouse holds a number of industry certifications including Chartered Security Professional (CSyP), Fellow of the Security Institute (FSyI), Certified Protection Professional (CPP), and Physical Security Professional (PSP), the statement from AESG explained.

AESG was founded in the UAE a little over a decade ago, and has expanded across the Middle East, Europe and APAC, the release noted.

“Our ability as a privately held consultancy firm to expand across the globe and bring industry-leading firms such as SGW under our banner is testament to the incredible work of our talented teams. We are now leveraging our prominent position in the market to seek out new partnerships that enable us to draw on the established expertise of specialist consultancies and pioneer new services that perfectly cater to the needs of the ambitious projects currently underway in the region,” said Saeed Al Abbar, CEO of AESG.

“With its proven impressive portfolio of world-class projects throughout the Middle East, UK, Russia, China and Europe, SGW’s commitment to excellence and specialisation perfectly aligns with the ethos that has fuelled the success of AESG. I am confident in the value that our new Security Consultancy service line will bring to our global Client base. Having worked with Simon over many years, I am delighted to welcome him and his team to AESG and look forward to an exciting future together,” added Al Abbar.

Under Whitehouse’s management, the new team will offer services that include Security Consultancy, Video Surveillance System (VSS) Consulting, Security Assessment and Compliance, and Counter Terrorism Planning. Through these offerings, AESG Security Consultancy aims to redefine security and risk management consultancy with comprehensive solutions that integrate security seamlessly to address physical, personnel and procedural protections in harmony with design, the statement outlined.

At launch, AESG will focus on serving clients across 14 sectors that include Healthcare, Transportation, Tall Buildings, Public Sector, Financial Services, Education, Leisure, Hospitality, Mixed-Use developments and Industrial facilities.

“As the region undertakes an ever-growing number of iconic projects and national development strategies, Security Consultancy is becoming critical to helping protect the population, built assets and infrastructure against crime and other nefarious activities. AESG is already a trusted partner to so many of these ambitious developments and their multidisciplinary capabilities have been immensely valuable to clients seeking a comprehensive portfolio of world class consultancy services. SGW’s expertise compliments AESG capabilities, and our experts will work closely with counterparts from other service lines to deliver highly effective solutions. I am delighted to join AESG at this incredibly exciting phase of its expansion,” Whitehouse concluded.

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Source: ME Construction News


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April 24, 2024 foasummit0

Saudi-based Waja Company has announced plans to set up a new venture in Egypt, dedicated to producing and manufacturing electric cars. The initiative will take place via a new partnership with the Arab Organisation for Industrialisation in the Republic of Egypt.

A leading Saudi business entity with interests in construction, contracting and technology, Waja Company said it has recently signed a framework co-operation agreement with the Egyptian group.

In its filing to the Saudi bourse, Tadawul, Waja Company explained that the  partnership represents a step towards enhancing the company’s strategic goals as a leader in multiple industry sectors, with a strong presence at the vanguard of the New Energy transition.

It added that JV with the Arab Organisation for Industrialisation in the Republic of Egypt will cater to the needs of both the local and export markets, responding to the growing appetite for leading-edge electric vehicles.

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Source: ME Construction News


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April 24, 2024 foasummit0

The implementation phase for the US $3bn railway project between the Sultanate of Oman and the UAE has begun, according to Ahmed Al Musawa Al Hashemi, a top official of Oman Rail and Etihad Rail Company. The joint venture company between Oman Rail and Etihad Rail Company has also been rebranded to Hafeet Rail, and will operate the railway network linking Sohar Port to the UAE National Rail Network.

The rebranding announcement was made on the sidelines of the joint UAE-Oman Business Forum in Abu Dhabi, where three major agreements pertaining to the joint rail project were sealed.

“The UAE-Oman railway project will serve as a catalyst for further cooperation in various economic and industrial sectors, noting its direct impact on passenger movement between the two countries, further boosting tourism and ties between their peoples,” stated Al Hashemi.

Al Hashemi added that several tangible steps have been taken, starting with the signing of the partnership agreement between stakeholders, and the awarding of major contracts for the project to a UAE-Omani alliance comprising companies from both countries operating as one team.

The first is a partnership agreement between Etihad Rail, Oman Rail and Mubadala Investment signalling the project commencement. The second is a set of civil contracts for the joint network, awarded to an Omani-Emirati joint venture led by Trojan Construction Group and Galfar Engineering and Contracting. The third involves the systems and integration contracts for the railway network, awarded to a partnership between Siemens and HAC, said a report.

On the new identity, Al Hashemi said the name pays tribute to the Jabal Hafeet region which extends between Oman and the UAE.

The railway line in this project extends from the existing network in the UAE, specifically from the Al Wathba area to the city and the port of Sohar, passing through diverse geographical areas from desert to mountainous and valley regions, and running alongside Jebel Hafeet, he concluded.

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Source: ME Construction News