Madinah_1000x600-1.jpg

October 24, 2022 foasummit0

An initiative to renovate historic Islamic sites in Madinah has been launched by Prince Faisal bin Salman, Emir of Madinah and Chairman of the Board of Directors of the Regional Development Authority. The projects are being implemented in more than 100 sites linked to the Prophet’s biography and Islamic history.

The Tourist Destination Development Office under the Regional Development Authority is responsible for following up on the completion of these projects within the approved timeline of 2025, a statement said.

The launch ceremony was held in the presence of Minister of Hajj and Umrah Dr. Tawfiq Al-Rabiah, and Deputy Minister of Culture Hamed Fayez. Prince Faisal also inaugurated eight sites whose development has already been completed including: Al-Ghamama Mosque, Al-Soqya Mosque, Al-Raya Mosque, Abu Bakr Siddiq Mosque, Omar bin Khattab Mosque, Bani Anif Mosque, Gharas well, and Fort of Urwa bin Al-Zubayr.

In April 2021, KEC signed an agreement to be the development manager for the Madinah Gate project and, in November 2021, it was announced that Makkah and Madinah real estate was open to foreign investment.

During the ceremony the Emir witnessed the signing of contracts, agreements and memoranda of understanding between the Regional Development Authority and a number of government and private agencies to develop and revive historical sites. These included the design and implementation of the Sayyid Al-Shuhada Square site, the Saqifa of Bani Saad (west of the Prophet’s Mosque), the Khandaq site, the development of Qiblatain Mosque and the surrounding area, and the Othman bin Affan well.

At the ceremony, Prince Faisal bin Salman praised the level of performance and coordination between government agencies, to realise the objectives of projects to develop historical sites.

According to the statement, the Mayor of Madinah Eng. Fahd Al-Bolaihashi was briefed on the plan to develop the historical sites, especially the historic Badr neighborhood. The plan is said to include the development of a path that covers more than 40 historical landmarks; it stretches for 175km, starting from Madinah, passing through the Al-Areesh Mosque and the Al-Rawhaa area and a number of sites linked to the most important events in the Prophet’s biography in Badr region.

In October 2022, His Royal Highness Mohammed bin Salman launched the Saudi Downtown Company to develop key areas in 12 cities.

The post Over 100 historical Islamic sites to be renovated in Madinah appeared first on Middle East Construction News.


Source: ME Construction News


XiteCloud_pic2_1000x600-1.jpg

October 24, 2022 foasummit0

Doosan has announced it will unveil its new generation XiteCloud ‘All-in-One Platform’ for smart construction at the company’s stand in Bauma, where it will have a dedicated innovation centre.

The digital platform, which expands Doosan‘s business portfolio into the field of construction site management, will be released under the theme ‘Powered by Innovation.’

XiteCloud is said to be the first stage in commercialising Concept-X, which Doosan introduced in 2019, as the world’s first unmanned automated and integrated control solution for construction, quarrying and mining sites.

In March 2022, Doosan Heavy Industries and Construction broke ground on a 400,000sqm forging and casting facility in Saudi Arabia and, in August 2022, Doosan Enerbility said it won an EPC contract for the $640mn Shuaibah 3 IWP in Saudi Arabia.

“With XiteCloud, a customer can manage multiple tasks such as surveys, terrain analysis, machine purchases, equipment operation and construction management on a single platform, thereby reducing construction costs and saving time, while increasing work accuracy, which in turn raises productivity,“ the company says.

The All-in-One Platform introduces a range of new solutions that form part of the XiteCloud system all of which will be demonstrated at Bauma, including: XiteCore, XiteFleet, XiteAnalyst, XiteSIM, XiteSafety and XiteAuto.

As suggested by its name, XiteCore is a cloud-based open integrated dashboard system that connects all of the XiteCloud solutions, providing the necessary information to carry out a construction project, enabling quick control and project management.

In late September 2022, Doosan said it would launch a new articulated dump truck at Bauma 2022.

Doosan adds, “This system provides opportunities for collaboration and communication among project participants with an open platform that adopts an applied card-type interface that allows the user to set the dashboard flexibly according to the particular characteristics of the project such as card type, location and size. It also incorporates real-time monitoring of weather, manpower, equipment, instruments, CCTV and other aspects, together with connection to the other solutions within XiteCloud.”

The post Doosan unveils ‘all-in-one platform’ for smart construction appeared first on Middle East Construction News.


Source: ME Construction News


Rachel-Willacy-Headshot-2021_1000x600-1.jpg

October 21, 2022 foasummit0

Equal pay in the built environment has become a hot topic in the Middle East in recent years, with increasing focus being shone on the issue in a bid to ensure unfair practices are stamped out. Discussing whether the industry can self-correct or if governments will have to get more involved, Rachel Willacy, Regional Head of Procurement at Compass says that it is the responsibility of both government and companies to ensure pay parity.

Discussing the issue with Middle East Construction News (MECN) exclusively, Willacy shares, “Companies and governments should work together to ensure equal pay for equal work. In an ideal world, more companies would step forward and take on responsibility for ensuring equal pay and opportunities, but in reality, it is legislation that is needed in order to really accelerate progress towards equality.”

“The government, as a policy maker, source of finance, an employer, and a convener of stakeholders, holds significant accountability in addressing diversity gaps and creating an inclusive workplace,” she adds.

Willacy will be participating in Middle East Consultant’s 2022 Women in Construction Summit on 25 October in Dubai at the Crowne Plaza Hotel Sheikh Zayed Road. Registration is complementary but mandatory for industry professionals. The 2022 edition will be shining a light on a number of issues including equal pay, removing unconscious bias, C-Suite realities, and more. Read the full agenda by clicking here.

The movement to boost gender equality and pay parity in the Middle East was given significant support in 2020, when labor laws in the UAE, Saudi Arabia, Bahrain and Qatar were updated to bridge the pay gap between men and women. According to a Baker McKenzie, updates were issued in relation to: prohibiting discrimination, whether in pay or otherwise, between male and female employees who carry out the same job in the UAE, Saudi Arabia and Bahrain; introducing paternity leave in the UAE, and granting female workers in Saudi Arabia further rights in the workplace (including working in hazardous workplaces and at night).

Despite this legislation being introduced in several countries in the region in 2020, gender and ethnic pay parity continues to be a challenge in the regional built environment, MECN can confirm.

In a pay disparity opinion piece shared exclusively with MECN in June 2022, HKA’s Nurul Sabri stated, “For women working in the industry, especially ethnic minority women, the challenges are even more acute. Not only is there a gender pay gap affecting women but in addition, ethnic minority women in the region are also subjected to alternate pay structures based on their ethnicity or race.”

Sabri continued, “The topic of pay disparity by ethnicity is not uncommon in the UK and US and has been widely discussed. It represents the unfair divergence between the pay of different groups of people by demographic characteristics. In my opinion, addressing not only the gender pay disparity, but also the ethnicity pay disparity, is key to fostering an equal and inclusive working environment.”

In its ‘Six surprising facts about the global gender pay gap’ report, which was released in March 2022, the World Economic Forum said: “In its index of 156 countries, the Forum finds progress on closing the gender gap is painfully slow. In fact, based on the current trajectory, women are 267.6 years away from gender parity in the area of economic participation and opportunity – which includes equal pay.”

The report did note however that “signs of progress on gender pay are emerging” and cited several positive examples.

Asked about what an individual can do if they discover they are being paid unfairly compared to a colleague at the same grade/level, Willacy comments, “There should be no place for wage discrepancies, through gender, nationality, or age discrimination. Salaries should be dependent on ability and the value one’s experiences bring to the table in adding overall benefit to the company.”

She advises, “When you are considering whether you’re being paid fairly, it’s important to take an objective look at your comparatives. Comparing your background to theirs and their experience, length of service and duties undertaken will help to understand where you stand. Researching market benchmarks will put the value of your role into perspective. Then, have a transparent conversation with your HR or line manager about how much you bring to the company demonstrating why your skills and hard work are worth rewarding.”

Shifting gears and discussing whether the built environment has made progress with regards to driving greater diversity and inclusion compared to pre-pandemic times, particularly at the C-suite level, she says, “Many countries within the GCC have been encouraging diversity and inclusion (D&I) for a while now, and I believe we have been and are experiencing positive shifts in reaching equality. While some companies have been creative in carving out new positions or offering flexible benefits that support a greater breadth of D&I, there is still a lot more than needs to be done, throughout the entirety of an organisation.”

“I’m glad to see how the conversation has shifted from gender balance to true diversity and inclusion, in order to create an all-embracing environment that welcomes everyone’s voice. It is so important to treat all people fairly and with respect. This being said, even though the Middle East has a rich cultural footprint, there is still a way to go in broad representation within c-suites and leadership.”

Discussing key D&I issues that construction companies have yet to tackle, Willacy states, “Mentorship and development initiatives should play an important role in supporting talented individuals through their career trajectory, creating the leaders of tomorrow, easing succession planning, and enabling those who want to and can do, to do.”

She concludes, “I look forward to the day – in our own industry, but all others too – where no inequality exists in terms of gender, race, ethnicity, or nationality.”

The post “There should be no place for wage discrepancies, through gender, nationality, or age discrimination” appeared first on Middle East Construction News.


Source: ME Construction News


DAMAC-Cavalli-Piling1_1000x600-1.jpg

October 21, 2022 foasummit0

Following the completion of enabling works at its Cavalli Tower residential project, developer DAMAC Properties said the main works package will kick-off, as it is in the process of awarding the contract.

According to the developer, enabling works are progressing on track by contractor National Piling Corporation (NPC), which has nearly completed shoring works. Piling and excavation works have been completed to 85%, and are expected to finish in October 2022. The firm began piling works for the project in July 2022.

The construction of site offices commenced prior to the appointment of the main contractor; the developer stated that it appointed KEO as the supervision consultant for the project.

In June 2022, DAMAC said that North America was a key target market.

“KEO has extensive experience of delivering projects of a similar nature here in Dubai and in the wider region, and DAMAC is excited to work with KEO again to bring the vision of this ultra-luxurious project into fruition,” said Mohammed Tahaineh, General Manager of Projects at DAMAC.

Launched in September 2021, the beach-facing skyscraper located in Dubai Marina will offer residents 71 floors of luxury, with interiors branded by Roberto Cavalli, the statement explained.

The tower is being developed at a cost of US $545mn and is billed as a unique project aimed at setting the highest levels of luxury living in Dubai. The glamour that is associated with the iconic Italian fashion house is matched by DAMAC’s standards for delivering luxury homes and lifestyle experiences, the developer stated.

In September 2022, DAMAC said it was adding ultra-luxurious mansions to its DAMAC Hills development and, later in the month, it said that Web3 is transforming the UAE’s real estate landscape.

Designed by architect Shaun Killa, the tower comprises 436 units and is divided into three sections.

DAMAC said that construction progress comes at a time when Dubai’s population is significantly rising, as more foreigners are coming to the city to work and live, due to successful government incentives to attract top talent. The UAE ranked number one across the Middle East, Africa and Asia, and was among the top 10 countries around the world for expatriates to relocate to, a survey by health insurance company Cigna has found. As a result, demand for housing has surged, the developer explained.

The developer’s penchant for delivering luxury property offerings has been successful in attracting high-net worth buyers, and as such, Cavalli Tower has received enormous interest and has nearly sold out all units, the statement said.

In October 2022, DAMAC Properties said it had awarded a contract for electrical substations to Danway EME.

Tahaineh concluded, “Our customers are regularly updated on the progress of construction works and are very happy with the pace at which we are moving. Cavalli Tower will be among the most iconic skyscrapers that Dubai has ever seen, and I can’t wait to see the final product.”

The post Main works package will be awarded soon for Cavalli Tower project says DAMAC appeared first on Middle East Construction News.


Source: ME Construction News


Tadano-AC-4.070-2-All-Terrain-Crane4_1000x600-1.jpg

October 21, 2022 foasummit0

Tadano will debut a new 70t crane with increased lifting capacities at Bauma 2022 as part of its innovation campaign, the manufacturer has announced.

According to the firm, the new AC 4.070-2 All-Terrain Crane comes with enough power to transport its sizeable maximum counterweight of 11.9t by itself, while staying within an axle load limit of 12t. In addition, it can still manage 4.4t when the axle load is reduced to 10t instead.

With a main boom length of 50m, it comes with increased lifting capacities, up to 7.1t at a radius of 12m, and up to 7.3t at a radius of 10m.

In April 2022, Tadano said it was planning the launch of the world’s first electric rough-terrain crane by the end of 2023 and, in June 2022, it harmonised its telescopic boom crawler line.

The Tadano AC 4.070-2 can be used as an assist crane for erecting large lattice boom crawler cranes, as well as for residential and functional building construction projects, the firm noted.

“To put it simply, we wanted to bring to life a powerful and cutting-edge 70t crane that would deliver the best performance on the market in as many axle load configurations as possible,” says Project Manager Sascha Scholler, who was responsible for the development.

The crane has an extremely compact design with a total length of 11.7m and a width of 2.55m, making it “the most compact four-axle unit of its class on the market,” Tadano says.

In September 2022, Tadano said it delivered four rough-terrain cranes to Descon Engineering’s Dubai branch.

Other highlights include its IC-1 Plus control system, which determines the crane’s lifting capacity for every boom position as a function of the slewing angle, and Flex Base, an outrigger system that comes as standard and features outriggers that can be extended to any point within their available range, the firm concluded.

The post Tadano to debut 70t crane with increased lifting capacities at Bauma 2022 appeared first on Middle East Construction News.


Source: ME Construction News


Palm-Jumeirah2_1000x600-1.jpg

October 21, 2022 foasummit0

Mukesh Ambani, India’s second richest man and Chairman & Managing Director of Reliance Industries Limited (RIL), has bought Dubai’s most expensive villa for a record-breaking US $163mn.

The Indian billionaire bought the beach-side mansion – located at the heart of the Palm Jumeirah – from the family of Mohammed Alshaya, a Kuwaiti tycoon whose business conglomerate owns local franchises for retail brands including Starbucks, H&M and Victoria’s Secret. Recent reports from Savills named Palm Jumeriah as the district commanding Dubai’s highest property values.

The ten-bedroom residence, with a private spa and indoor and outdoor pools, is said to be a short walk from the $80mn home that Ambani purchased earlier this year for his son, Anant.

In September 2022, DAMAC said it was adding ultra-luxurious mansions to its DAMAC Hills development and, later in the month, Alpago Properties launched ‘Dubai’s only’ double signature villa on the Palm Jumeirah.

Earlier this week, the Dubai Land Department reported a property deal worth $163mn on Palm Jumeirah, without disclosing the buyer’s identity.

Mukesh Ambani, who has a net worth of $84bn, is said to have been snapping up properties overseas, increasingly looking westward for second homes. RIL reportedly also spent $79mn last year to buy the iconic UK country club, Stoke Park.

In October 2022, Savills revealed its top second home locations around the globe with an emphasis on wellness.

The post Mukesh Ambani purchases Dubai’s most expensive villa for $163mn appeared first on Middle East Construction News.


Source: ME Construction News


ELS_Building_1000x600-1.jpg

October 21, 2022 foasummit0

Saudi-based Dar Al Arkan Global has kicked off sales of its Les Vagues residences by ELIE SAAB, which is located in Qetaifan Island North, Qatar, and developed in collaboration with Qatar-based Qetaifan Projects. The latter is a fully owned subsidiary of Katara Hospitality.

The project is being developed at a cost of US $275mn and aims to set new standards of luxury living in Doha, with an architectural design that enhances the appeal of seafront living, Dar Al Arkan said in a statement. The premium residential project includes one, two, and three-bedroom apartments with terraces offering uninterrupted views of the sea, the marina, and the Doha skyline.

The launch of sales was announced during an event held in Doha, in the presence of HE Sheikh Nasser Bin Abdulrahman Al-Thani, Managing Director and Chairman of Qetaifan Projects, Dar Al Arkan’s Chairman Yousef Al-Shelash, Ziad El Chaar, CEO of Dar Al Arkan Global, and fashion designer Elie Saab who designed the interiors of the residences.

In early October 2022, JLL signed an agreement with a Qatar real estate brokerage to boost property investments and, later in the month, Dar Al Arkan showcased the world’s first Pagani apartments in Dubai.

“The partnership with Dar Al Arkan Global exemplifies our concerted efforts to make Qetaifan Island North a preferred destination for a global audience, with its unique residential, entertainment, retail, and recreational offerings. With the sales launch of Les Vagues residences, as one of the most premium residential projects on the Island, we anticipate a strong positive response from the local community and international investors, further solidifying Qatar’s position as a global investment,” stated Al-Thani.

Covering 1.3m sqkm, Qetaifan Island North is said to be specially designed to be Qatar’s future iconic entertainment and luxury destination. Inspired by the rich culture and nature of the region, the island will feature a waterpark, a luxury hotel, residential accommodation, retail options, and facilities that make it a vibrant and attractive community, Dar Al Arkan noted.

El Chaar noted, “We’re marking our entry into Qatar with the most exceptional residential development in Doha. The sales launch of Les Vagues comes at an opportune time, as the country emerges as one of the most sought-after investment destinations in the region with many positive and attractive trends shaping this bourgeoning market.”

In mid-October 2022, Bevan Farmer was elevated to Head of Qatar at Addleshaw Goddard and Knight Frank said that Qatar’s hospitality sector was expected to grow by 89% by 2025.

Saab concluded, “We are thrilled to be working with Dar Al Arkan Global on a new lifestyle address. Les Vagues is our first project in Qatar, and it has been meticulously designed to complement the luxury island life of Qetaifan Island North. We are confident that this new project will appeal to our discerning clientele from around the world seeking bespoke seafront living spaces with magnificent views.”

The post Dar Al Arkan begins sales of apartments at $275mn Les Vagues residences by ELIE SAAB in Qatar appeared first on Middle East Construction News.


Source: ME Construction News


The-Raimondi-MRT159-topless-tower-crane-was-sold-to-Harmony-Gold-by-offi...-1.jpg

October 20, 2022 foasummit0

Raimondi Cranes has unveiled a new corporate identity and vision including extensive research into two core areas of its business.

Building on almost 160 years of manufacturing history, the company announced it had invested extensive resources into two core areas: a new production facility implementing lean-manufacturing innovative techniques, and the development of 14 new flat-tops that have been optimised according to customer feedback.

“We are delighted to present a new visual identity for Raimondi Cranes, one that builds on its long heritage within the global construction industry. For the past two years we have been working on reshaping our vision with heavy investments into a new manufacturing facility, and by allocating substantial resources to our R&D department,” said Diego Borgna, CEO, Raimondi Cranes.

In September 2021, contractor Urban Trading and Contracting WLL said 10 topless tower cranes from Raimondi were helping to build The Seef project in Qatar.

“The strategic decision to rebrand echoes recent innovations and encapsulates the company’s embraced vision of being the most responsive global leader in scalable heavy lifting solutions,” he added.

The overhaul of the company’s visual identity, a process that occurred over 16 months, represents a milestone for Raimondi as it is the company’s first full rebranding in decades. The new logo pays homage to Raimondi’s legacy by placing focus on one of its strongest design elements, the ‘R’ icon, while simplifying and modernising it to signify efficiency and innovation, it said.

“Retaining Raimondi’s heritage and values was a top priority. The new branding reflects our evolving positioning and growing market ambitions with the aim of raising expectations. We will use it to drive expansion into new markets together with a series of new products, services, and solutions,” Borgna remarked.

In July 2022, Raimondi said its cranes had been deployed for the construction of a residential project in Sharjah.

The rebrand will be rolled out over the next two weeks following the launch of Raimondi’s refreshed website. The official unveiling of the brand will take place at Bauma from 24-30 October 2022, in Munich, Germany.

In September 2022, the firm announced its extensive show plan for Bauma 2022.

The post Raimondi Cranes unveils new brand and company vision appeared first on Middle East Construction News.


Source: ME Construction News


YDE-Actis_1000x600-1.jpg

October 20, 2022 foasummit0

Sustainable energy firm Yellow Door Energy says it has successfully closed a $400mn equity raise, which will enable it to continue developing sustainable energy projects in the Middle East, Africa and beyond.

The investment includes a purchase of current shares, enabling the company’s initial investors to exit. The funding is substantially provided by YDE’s newest and now controlling shareholder, Actis, with existing shareholders International Finance Corporation (IFC), Mitsui & Co (Mitsui) and APICORP also increasing their equity commitments, the firm explained.

With the closure of this transaction, YDE’s business plan is said to be fully funded. The management team is now focused on executing sustainable energy solutions over the next five years, with a portfolio value expected to exceed $1bn, which will be funded through a combination of equity and debt securities, it elaborated.

In December 2020, the firm said it had won $41mn worth of new projects in the region in 2020 and, in May 2021, it said it won the solar contract for The Box Self Storage facility.

“This substantial investment will enable Yellow Door Energy to rapidly expand into new countries and deploy over $1bn in projects across the region. We wholeheartedly welcome Actis as our majority shareholder and look forward to a fruitful collaboration. We would also like to express our gratitude to our existing shareholders – IFC, Mitsui and APICORP – for their continued investment and support for our business model of providing affordable, reliable and sustainable energy to visionary companies in the MEA region and beyond,” said Jeremy Crane, CEO and Founder of Yellow Door Energy.

With operations in the UAE, Jordan, Pakistan, Saudi Arabia, Bahrain and South Africa, Yellow Door Energy is said to have one of the largest commercial & industrial project portfolios in the region, with 106MW in operation and 104MW awarded and under construction. The company says that it has key existing relationships with a large customer base of over 50 companies including multi-national businesses such as Nestlé, Majid Al Futtaim, DHL, Mondelēz and Unilever.

Nalin Nayyar, CFO of Yellow Door Energy added, “Our shareholders understand the importance of patient capital when investing in sustainable long-term infrastructure projects. With over $400mn in equity expected, Yellow Door Energy is fully funded and well positioned for the next phase of the company’s growth. We look forward to leveraging our shareholders’ expertise and benefiting from their continued synergies to add value to our business and customers.”

In June 2021, Majid Al Futtaim and YDE signed an agreement to build Bahrain’s largest private solar plant and, in November 2021, YDE said that ETG had awarded it a contract for the development of a solar project.

The company said its goal remains to be the sustainable energy partner of choice for leading businesses, helping them reduce costs and lower carbon emissions. This directly supports Net Zero emission targets set by countries and companies worldwide to mitigate the impacts of climate change, it pointed out.

Lucy Heintz, Partner and Head of Energy Infrastructure at Actis conclude, “We’re excited about the opportunity our partnership with Yellow Door Energy presents to contribute to the MEA region’s transition away from fossil fuels by deploying new solar PV technology. We see a clear opportunity to help Yellow Door Energy continue its growth journey and to build the region’s distributed solar sustainability leader.”

The post Yellow Door Energy to develop over $1bn in sustainable energy projects following $400mn equity raise appeared first on Middle East Construction News.


Source: ME Construction News