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November 17, 2022 foasummit0

AIQ, a technology firm focused on the artificial intelligence (AI)-powered transformation of the energy sector, has announced that it is working with Amazon Web Services (AWS) to accelerate digital transformation across the energy sector.

In a statement, AIQ said that the agreement will see both entities develop an Innovation Factory to foster collaboration in key focus areas, including enhancing the AIQ Data ecosystem’s performance by leveraging AWS’s resources and technologies, and adding new features and building collaborative AI solutions for the energy industry.

The Innovation Factory team, which will include AWS and AIQ specialists, will work to develop new solutions that boost operational efficiency across the energy sector’s value chain.

In July 2022, PNC Menon, Chairman of Sobha Group said that digital transformation strengthens real estate resilience.

Omar Al Marzooqi, CEO of AIQ said, “Public and private sector partnerships are pivotal to achieve our desired goal of deploying AIQ’s AI-driven solutions across the energy sector regionally and internationally, and boosting the impact of our solutions.”

“By working with AWS, AIQ can help the Innovation Factory unlock more value by adding new features to our existing and pilot projects, creating an added wave of innovation for our services. We are confident this work will yield significant results and support the future of energy.”

The solutions developed by the Innovation Factory will be available in AWS Marketplace, a digital catalogue of applications from independent software vendors that makes it easy to find, test, buy, and deploy software that runs on AWS.

Later in July 2022, Verdantix urged building facility managers to secure building systems against cyber-attacks.

“We are excited to work with AIQ to develop the Innovation Factory, which will help accelerate the delivery of AI-based solutions for the energy industry,” said Howard Gefen, General Manager, Energy & Utilities, AWS.

He concluded, “Combining AIQ AI expertise and AWS technologies will build the foundations that will help energy companies innovate and digitally transform.”

In October 2022, Fred Crehan, Area Vice President, Emerging Markets at Confluent said that smart cities will require forward-focused data management.

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Source: ME Construction News


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November 16, 2022 foasummit0

Developer Seven Tides has appointed UAE-based Dhabi Contracting as the main building contractor to complete the construction of its Golf Views Seven City JLT project in Jumeirah Lakes Towers, Dubai.

The mixed-use development, which is being developed at an investment of approximately $272mn is due for completion in Q1 2025. It has a total built up area of up to 3.5m sqft and is located within Cluster Z in Jumeirah Lakes Towers (JLT) DMCC, opposite the Montgomery and Emirates’ golf courses and the Emirates Hills community.

The mixed-use development is made up of 2,697 units – with its residential element consisting of 2,617 studio, one, two and three-bedroom apartments, plus 80 hotel rooms.

In October 2021, Seven Tides made key strategic appointments to its senior management team and, in November 2022, ValuStrat said that Dubai apartment values were starting to stabilise.

Dhabi Contracting was said to have been established in 1983 by a team of experienced engineers and is said to have introduced innovative state-of-the-art technologies in concept, development, design, planning, scheduling, and execution of projects. The company is said to have worked on many projects in the public and private sector for organisations such as ADNOC, Etisalat, National Bank of Abu Dhabi and the Roads and Transport Authority (RTA).

“Dhabi Contracting is firmly established, has a solid reputation, combined with a wealth of experience working on prestigious projects. It has already started mobilised staff for site preparation. Currently a total of 620 staff are available on site, which includes 72 in engineering and support staff, plus 548 skilled and unskilled labourers. At the peak of construction, we estimate there will be between 1,800 to 2,200 workers onsite,” said Abdulla Bin Sulayem, CEO, Seven Tides.

Discussing the project further, the statement noted that Golf Views Seven City JLT boasts a common podium, which hosts promenade restaurants overlooking a lake. The tower also features a fully equipped gym, health club, infinity pool, children’s pool, 7Sky Gardens, cafes, plus other dining options.

In November 2022, DAMAC Properties awarded a $74.3mn contract for main works of the Nice cluster at DAMAC Lagoons.

The development also features a large retail offering with 48 retail units, covering 150,000sqft over three floors, which will include a 3-screen cinema, hypermarket, as well as 2,617 car parking spaces, with an additional 271 hotel parking spaces, 91 commercial parking spaces and 180 spaces dedicated to retail customers, including valet, the statement added.

Bin Sulayem concluded, “Golf Views Seven City JLT is designed to provide residents with various retail options, entertainment, food and beverage outlets, gym and a health club. Moreover, Dubai’s exciting and dynamic lifestyle is right on their doorstep.”

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Source: ME Construction News


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November 16, 2022 foasummit0

Aldar Properties says it has become the first real estate firm to join the Clean Energy Business Council (CEBC) as a Partner member; it will now work closely with the organisation to enhance energy efficiency in the region.

The CEBC is a non-profit member association that is working to accelerate the transition towards clean energy in the MENA region, by connecting the initiatives of the public and private sectors.

The real estate industry has a major role to play in supporting decarbonisation by reducing construction and operational emissions and working with communities to adopt more sustainable standards of living, the company said.

In late July 2022, Aldar said it was acquiring four towers in a deal worth $1.7bn and, in August 2022, CBRE said it had advised Aldar Properties on a $221mn RAK hospitality deal.

As one of the MENA region’s largest real estate developers, with assets under management of over $8.1bn – and a significant landbank primed for further development – Aldar recognises its responsibility to lead and support clean energy transition initiatives, the company stated.

Aldar said it will collaborate with CEBC in its ‘Energy Efficiency’ working group to achieve goals that will promote a sustainable future and support the UAE Net Zero by 2050 Strategic Initiative.

This group, one of five CEBC working groups, aims to provide a forum to discuss policy and to help create a path for effective energy transition by actively engaging government entities, policymakers, businesses, and consumers. CEBC is said to have a strong list of Partner members including major regional companies such as ACWA Power, ENOC and multinationals such as Standard Chartered, TotalEnergies and ENGIE.

In mid-August 2022, Apollo said it had acquired a $400mn stake in Aldar Investment Properties and, in October 2022, Aldar announced a lagoon-themed villa community.

Dr. Nasser Saidi, Chairman at CEBC remarked, “When discussing the energy crisis, the supply side takes most of the attention while the demand side is usually ignored. However, with current energy efficiency technologies, the world is capable of reducing up to 40% of its energy consumption. Aldar joining CEBC will empower our energy efficiency working group and strengthen our voice.”

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Source: ME Construction News


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November 16, 2022 foasummit0

British manufacturer JCB has unveiled its new mobile hydrogen refueller, which it says is a world first for the construction industry.

The mobile hydrogen refueller provides a quick and easy way for operators to refuel their machines on-site by delivering hydrogen via a nozzle into their machine when needed.

According to the manufacturer, transportable fuel is already a widely used concept with around 97% of construction machines having fuel delivered to them while working on site.

In February 2021, JCB said it was hiring 400 new staff at its UK production facility as part of its post-COVID recovery plan and, in September 2021, the company said it had weathered the COVID-19 impact and stayed profitable in 2020.

JCB Chairman Lord Bamford, who is leading JCB’s hydrogen project, said, “Since we became the first construction equipment company to unveil machines powered by hydrogen, many have asked how they can be refuelled. Well today we have an answer with our new mobile hydrogen refuelling system, which allows hydrogen to be taken from on-site tube trailers and distributed to machines by our refueller as they work on the job site. This is no different to today when diesel is taken in bowsers to refuel machines.”

He added, “Fossil fuels are not the future and hydrogen is the practical solution to powering our machines in the decades to come. Our British engineers are doing a fantastic job in developing this technology and there are many more exciting developments to come.”

With the refueller, the company says that the machine can be refuelled up to 16 times before needing to be recharged. JCB is currently investing US $120mn in a project to produce super-efficient hydrogen engines, while it has already showcased working prototypes of a backhoe loader and Loadall telescopic handler powered by hydrogen.

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Source: ME Construction News


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November 16, 2022 foasummit0

Saudi Arabia’s Public Investment Fund (PIF) has signed a non-binding Memorandum of Understanding with global investment company BlackRock to anchor the latter’s Middle East Infrastructure strategy and establish a framework to jointly explore infrastructure projects in the Middle East.

In a statement, PIF said that the majority of investment activity will be focused on the Kingdom, while BlackRock added that it will look to build a dedicated infrastructure investment team in Riyadh to cover the Middle East region, in order to support the initiative.

The statement added that the target projects are across a range of sectors including energy, power, utilities, water, environment, transportation, telecommunications, and social infrastructure. Furthermore, the partnership aims to leverages positive Saudi and regional market dynamics to deliver sustainable long-term returns, it continued.

On 23 November 2022, Big Project Middle East is hosting its Construction Intel Summit – KSA in Riyadh. Registration is complementary but mandatory for construction professionals wishing to attend.

“PIF and BlackRock plan to work together to attract regional and international investors to participate in investment projects, boost foreign direct investment (FDI) into Saudi Arabia, add value to the Saudi Arabian economy and the wider market while facilitating knowledge and skills transfer,” the statement added.

“The MoU signing is aligned with PIF’s mandate to explore new investment opportunities in the MENA region, while enabling and supporting Saudi private sector participation. It further cements PIF’s partnership with BlackRock and allows both parties to explore opportunities in Saudi Arabia and across the Middle East, in line with PIF’s strategy to expand its local and regional investment portfolio,” it concluded.

In October 2021, Saudi Arabia, advised by BlackRock, launched a national infrastructure fund to support up to US $53bn in projects, including water, transportation, energy and health, over the next decade.

In October 2022, Red Sea Global confirmed its new brand identity and mandate and, in November 2022, Partanna and Red Sea Global signed a MoU to explore carbon-negative concrete developments.

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Source: ME Construction News


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November 16, 2022 foasummit0

Solar solution provider ALEC Energy has confirmed the successful delivery of a ‘unique energy solution’ for the Visitor Centre of Noor Energy 1. Noor Energy 1 is said to be the world’s largest CSP installation (Concentrated Solar Power) and is located within the Mohammed bin Rashid Al Maktoum Solar Park (MBR Solar Park) in Dubai, UAE.

Billed as the first of its kind in the world, the energy system is described as an ‘off-grid micro-grid’ with Azelio’s long-duration energy storage system. Leveraging a groundbreaking energy storage solution from Azelio, combined with 300kW of solar PV, the system delivers power to the facility, reducing the need for conventional power generation during night-time and overcast conditions, the statement from ALEC Energy explained.

“As the world’s largest single-site CSP, Noor Energy 1 is a landmark project that sets global benchmarks in clean energy production. The solution we have implemented here has the potential to revolutionise how clean power can be supplied to factories, agricultural facilities, and hotels or resorts in remote locations in the UAE and beyond,” stated Basar Kayali, General Manager of ALEC Energy.

In June 2022, ALEC’s Sustainability Committee said that the built environment has “several great opportunities” to reduce GHG emissions.

The NOOR Energy 1 Visitor Center, part of Phase 4 of the MBR Solar Park, is nestled between millions of square meters of solar panels. ALEC Energy began implementing the micro-grid in June 2021 and completed the entire project in just 15 months.

The off-grid micro-grid with energy storage is significantly more cost efficient than the traditional alternatives of connecting to the national grid or relying on conventional powered generator sets, the company explained.

Azelio’s CEO Jonas Wallmander remarked, “The hybrid system supplying power to the Noor Energy 1 Visitor Center project is a milestone installation demonstrating how our long-duration energy storage system can form a vital part of a micro-grid for around-the-clock clean power, while serving as a reference project for our solution in the MENA region. The TES.POD was installed in 2021, and I am now delighted to see the complete micro-grid system fully operational, and I am looking forward to more projects in the region.”

In August 2022, ALEC Energy announced that it had won a solar power contract for DEWA’s headquarters.

Hashim Al Ghabashi, Execeutive Managing Director of NOOR Energy, remarked, “We are excited to  incorporate the world’s First off-grid micro-grid with Azelio’s long-duration energy storage system at the Noor Energy 1 Visitor Center. Our facility showcases the latest technologies in concentrated solar power, and photovoltaic cells, and therefore it is of immense importance that the centre itself is powered by a cutting-edge clean energy solution.”

He concluded, “I’m proud of the collaboration between Noor Energy & ALEC Energy that has enabled both teams in bringing this pioneering idea from an ambitious vision to reality. The passion, expertise, and professionalism demonstrated by ALEC Energy and Azelio was exemplary, and we believe that the success achieved together will pave the way for further innovations in the future.”

In August 2022, ALEC Energy and Stantec signed a MoU to establish roadmap towards achieving decarbonisation and sustainable energy goals.

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Source: ME Construction News


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November 16, 2022 foasummit0

Bentley CEO Greg Bentley says that the COVID-19 pandemic has accelerated the adoption of digital twins technology with resources being stretched in the infrastructure sector.

“Who would have thought that since we last met in London in 2018, that some of us would not have been able to go to work. Going digital (also the theme of Bentley’s award ceremony taking place this week) bailed out infrastructure engineering along with everything else,” Bentley told media ahead of the latest Year In Infrastructure (YII) event in London. He added, “There was already a kickstarting of virtualising and remote inspections but generally we think digital twins got a kick in the pants (and since then) advancements in infrastructure engineering have become pervasive. Projects could proceed even though engineers could not go to their sites.”

Bentley’s Chief Success Officer Katriona Lord-Levins explained that globally agencies and civil engineering firms are now struggling with a resource-gap when it comes to project delivery. “There is a real lack of talent out there and in the pipeline. One of our DoTs has lost 70 colleagues in the last year – and they believe that we may never see a return to (pre-COVID) level of resources.”

“Firms are having to do more with less,” agreed COO Nicholas Cummins, adding that Bentley needs to help the infrastructure sector cover a shortage of manpower and resources by “going digital.”

The briefing landed in the middle of a busy two days for the Bentley senior team with the YII conference coinciding with the Going Digital Awards where Omani integrated energy company OQ, which operates and manages dozens of plants, and thousands of assets in the Sultanate won in the process and power generation category. The combined event is also typically when the firm makes its biggest announcements and Bentley has chosen this year’s event to reveal that is launching a series of new products and services it claims can improve productivity and project delivery times even as manpower is squeezed.

In August 2022, ALEC stepped up its digital construction focus by earning BIM Kitemark certification.

Heading the list is Bentley Infrastructure Cloud, which is intended to improve collaboration and design and data sharing on infrastructure projects between contractors and stakeholders. Powered by the iTwin Platform and Bentley’s infrastructure schemas and, it is claimed, seamlessly integrates with Bentley’s engineering applications. Bentley Infrastructure Cloud is said to bring together some of the firm’s most widely used design, build and operation suites – ProjectWise, Synchro, Assetwise respectively – with the iTwin platform. Essentially allowing for data and design to be updated and modified throughout the lifespan of a project.

Bentley Infrastructure Cloud enables better creation, delivery, and ongoing operation of better infrastructure, through complete and evergreen digital twins, said the firm.

“Bentley Infrastructure Cloud stands for our commitment to connect everyone and everything in the infrastructure engineering value chain and extended project ecosystems. Infrastructure professionals deserve an evergreen digital twin environment for data that they can trust and act upon,” said Bentley’s SVP of Enterprise Systems Ken Adamson.

“I believe Bentley Systems is uniquely positioned to fulfill this requirement by virtue of the combined comprehensiveness of our ProjectWise, SYNCHRO, and AssetWise enterprise systems, our software’s intrinsic engineering fidelity, and our commitment to openness – including our unique resolve to semantically integrate the full range of relevant engineering file formats. The iTwin Platform, in becoming the robust foundation for unifying all of our software development, has been proven equal to this challenge,” Adamson stated.

The iTwin Platform itself now has several new additions as part of its integration and transition with Bentley Infrastructure Cloud. iTwin Experience is a new cloud product to empower owner-operators’ and their constituents’ insights into critical infrastructure by visualising and navigating digital twins. Significantly, iTwin Experience accelerates engineering firms’ ‘digital integrator’ initiatives to create and curate asset-specific digital twins, incorporating their proprietary machine learning, analytics, and asset performance algorithms. iTwin Experience acts as a ‘single pane of glass’, overlaying engineering technology (ET), operations technology (OT), and information technology (IT) to enable users to visualise, query, and analyse infrastructure digital twins in their full context, at any level of granularity, at any scale, all geo-coordinated and fully searchable.

In September 2022, Virtuzone launches ‘The V’ tower in the Metaverse.

Drone video and survey imagery from any digital camera, scanner, or mobile mapping device can now be funneled through iTwin Capture, which captures, analyses, and shares reality data to create engineering-ready, high resolution 3D models of infrastructure assets.

Infrastructure digital twins of any existing assets can accordingly start with reality modeling, rather than requiring a BIM model. iTwin Capture offers the highest-fidelity and most versatile means of capturing reality to serve as the digital context for surveying, design, monitoring, and inspection processes, claims Bentley.

iTwin IoT, meanwhile, has been created for acquiring and analysing sensor data, while enabling users to incorporate Internet of Things (IoT) data created by sensors and condition monitoring devices.

Infrastructure IoT can be used effectively for real-time safety and risk monitoring in operations and construction activities, including to measure and visualise environmental changes, structural movement, or deterioration for condition assessment, maintenance scheduling, and to prompt precautionary interventions.

Throughout this year’s meeting, it is clear Bentley Systems wants to use cloud-based technology to bolster its position as a major enabler for civil engineers, planners and project owners turning to digital twins for project design, delivery and asset management.

In October 2022, the Department of Municipalities and Transport unveiled the Abu Dhabi Digital Twin project.

In his keynote, Founder and CTO Keith Bentley noted the evolution of iTwin from a set of open-source programming libraries to a platform-as-a-service used by Bentley and partners to develop, run, and extend applications that use digital twin workflows.

Bentley’s engineering applications will next take advantage of iTwin capabilities on the desktop. Users will continue to work with these applications as they are accustomed to, but alongside the usual resulting .dgn file, the engineering applications will also create and synchronise an iModel, Bentley’s specialised container to semantically align and federate infrastructure engineering data within digital twins. iModel and iTwin will also enable users to participate in data-centric workflows, including for integration, validation of design intent, rules checking, clash detection, component queries and reuse, quality assurance, and digital-twin deliverables creation.

Bentley told delegates, “It is clear to me that infrastructure digital twins are the future of our industry and our company. Our digital twin journey began four years ago with a series of open source projects to create cloud-native tools, called iTwin.js. It has evolved into the iTwin Experience that is the workhorse for digital twin solutions from Bentley and others. I’m very proud of the tremendous progress we and our users have made using the iTwin Platform, as evidenced in the current YII submissions.

He concluded, “Phase 2 of our journey involves improving our existing desktop products using the same iTwin engine. Users of our MicroStation and engineering design and analysis applications will next gain new features that can make their projects more efficient, more connected, and the results more valuable. We can do that by augmenting, not replacing, their existing tools, workflows, file formats, and deliverables. The iTwin engine will run on the same desktop ‘in process’ with the design applications, synchronising a local iModel and connecting to cloud services when and as necessary.”

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Source: ME Construction News


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November 15, 2022 foasummit0

Cloud specialist Infor has announced that Saudi Diesel Equipment Co (SDEC) is migrating its existing deployment of Infor M3 on-premises to Infor CloudSuite Equipment. The move will enable SDEC to improve and automate business processes, particularly for its remote field service workforce.

The move to the cloud forms part of SDEC’s wider digital transformation project, Digi-Step, and will help the company scale its operations to support strong demand for equipment, machinery, and power generators across a range of sectors in Saudi Arabia, a statement noted.

Mega-projects such as the new city of Neom, Medina Metro project, and Qiddiya, an entertainment zone in Riyadh, are driving demand for all types of construction solutions and accessories, the company stated.

In June 2022, JLG expanded its augmented reality capabilities and, in August 2022, Leica Geosystems launched its safety awareness solution for construction sites.

Saudi Arabia’s diesel generator market is expected to register a compound annual growth rate of more than 5% from 2021 to 2026, driven by demand for uninterrupted power from a range of sectors including construction, transport, oil & gas, and retail, according to research from MarkNtel Advisors.

“To keep expanding to support our customers and Saudi Vision 2030, SDEC needed to transform its ability to manage sales, business processes and supply chain management,” said Ahmed AlKooheji, Director of Corporate Services at SDEC.

“By migrating to the cloud with Infor, we will gain agility and improve visibility across the business, enabling us to seamlessly manage multiple complex projects. This will improve outcomes for customers while enhancing the way we allocate resources. The solution also will create a solid foundation for our growth by streamlining vital business processes and allowing us to transform into a truly smart business,” he concluded.

In October 2022, Doosan unveiled its ‘all-in-one platform’ for smart construction.

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Source: ME Construction News


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November 15, 2022 foasummit0

Developer Emaar Development has said that it has achieved its highest-ever property sales during the first nine months (January to September) of 2022, maintaining the record-breaking momentum built in the first half of the year.

The developer, which is majority-owned by Emaar Properties, said it saw property sales for the first nine months of 2022 increase by 11% to US $6.31bn compared to $5.7bn in the first nine months of 2021, and property sales for Q3 2022 (July to September) increased by 12% to $2.2bn compared to Q3 2021.

Discussing the first nine months of 2022, the company said it successfully launched twenty projects in various master plans, such as Talia and Orania in The Valley, Elie Saab II and Bliss 2 in Arabian Ranches III, Rosewater, Lotus, Creek Palace, Orchid, Creek Crescent and Island Park in Dubai Creek Harbour, St. Regis in Downtown Dubai, Address The Bay and Beachgate by Address in Emaar Beachfront, Greenview 3 in Emaar South, Park Field, Lime Garden, Hills Park and Address Hillcrest in Dubai Hills Estate and Seagate in Rashid Yachts & Marina.

In April 2022, Emaar Development said it would handover 8,500 residential units by year end.

Elaborating on its performance, the firm noted that in the first nine months of 2022 (January to September), it reported EBITDA in line with last year and achieved 19% growth in net profit compared to the first nine months of 2021. Due to this performance, Emaar now has a sales backlog of $10.12bn, which will be recognised as revenue in the coming years.

“Following a record-breaking first half of 2022, we have maintained momentum and growth by delivering another excellent set of sales figures in Q3. Across the board in our portfolio of retail, hospitality and entertainment, we are seeing demand for the exceptional communities and amenities we deliver. Strategically, Emaar is attuned to the market and has a reputation for delivering developments of excellent standards which generates exceptional consumer confidence. This, aligned with a strong ongoing project launch list has enabled Emaar to maintain an upward trajectory for sales and growth,” an Emaar spokesperson said.

Dubai continues to lead the way as a business hub for trade, financial services, logistics, travel and hospitality, with emerging sectors witnessing growth, such as technology, green energy, healthcare and education. The region attracts a community of skilled professionals, and investors continue to invest in the region’s steadfast growth potential, reflective of Emaar’s sales records for Q3 2022, the developer pointed out.

In August 2022, Emaar said it bought out Dubai Holding’s stake in Dubai Creek Harbour for $2.04bn.

Commenting on deliveries, Emaar Development said it handed-over 4,700 residential units during the first nine months of 2022 across prime locations, including Dubai Hills Estate, Dubai Creek Harbour, Downtown Dubai, Emaar Beachfront, Arabian Ranches and Emaar South.

As of September 2022, Emaar has delivered more than 56,700 residential units, with over 26,200 residences currently under development in the UAE, it concluded.

In September 2022, Emaar investors approved the Dubai Creek Harbour acquisition.

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Source: ME Construction News