Occupying a prime waterfront position on the Abu Dhabi Corniche, Nation Towers, is the UAE capital’s latest luxury development to welcome its first tenants. Nation Towers comprises twin towers that feature luxury high-rise apartments, deluxe office space, a boutique style mall, a beach club and the five-star St. Regis Hotel.
The development has generated strong pre-leasing activity with over 60% of the apartments having already been leased and over 90% of the offices.
The residential tower extends over 64 stories, accommodating 360 - one, two and three-bedroom loft style and simplex apartments, complete with floor-to-ceiling windows, high-end finishes and a range of luxurious fixtures and fittings.
One truly unique feature of the development and unrivalled in Abu Dhabi, will be its exclusive private beach club “Nation Riveria”, situated on the Corniche and accessed via a private air conditioned tunnel under the Corniche Road. The club, which is due to be operational in the coming months, includes swimming pools, restaurant, lounge and kids club set within landscaped grounds.
Leading company throws the spotlight on its new line of powerful design solutions at ‘Autodesk Solutions Day’ to help KSA users bring their designs to reality faster
June 24, 2012
Omnix International, a leading distributor of digital software imaging solutions, has revealed its strategic move of strengthening its focus on the Kingdom of Saudi Arabia’s (KSA) construction market, which is currently valued to be worth over USD 82,541 million.
Riyadh,–Saudi Arabia, 15 April 2012: Mizat Development Company entered a finance agreement with Bank Aljazira that will provide funding to Mizat Development Company in line with the provisions of Sharia. This came as part of the company’s plan to develop its residential project, Darat Al-Hada, in Riyadh with a total budget of more than 250 Million Riyals.
Eng. Abdulraheem Al-Towaijri, CEO of Mizat Development Company, and Mr. Abdullah Al-Shmassi, Senior Vice President & Head of Corporate and Institutional Banking Group, on behalf of Bank Aljazira, signed the agreement.
On this occasion, Eng. Al-Towaijri said that the residential project that is located in Al-Hada neighborhood in west Riyadh, which is one of the finest residential neighborhoods, exceeds a total area of 40,000 sq.m that will be implemented in two phases. The first phase consists of 48 residential units which is build an area of 325-665 sq.m, while the second phase consists of 50 residential units, having in total 98 residential units.
He confirmed that Mizat Development Company puts its entire experienced and specialized administrative and engineering staff to develop “Darat Al-Hada” project so as to represent an added unique quality to urbanization in Riyadh. The beauty of the project is highlighted by the diverse modern lifestyle designs that provide comfort and settlement, and embodies the quality and prestigious elements produced by the company.
Eng. Al-Towaijri stated that the project is characterized by its location and vital proximity to many important areas and facilities, such as the Diplomatic neighborhood, Convention Palace, Royal Court and King Faisal Specialist Hospital. Also, the project is easily reached via the surrounding road network that provides smooth and flexible entry and exit from the neighborhood.
On the other hand, Mr. Abdullah Al-Shmassi, Senior Vice President & Head of Corporate and Institutional Banking Group said that: “Bank Aljazira has continuously supported investment and real estate companies as it trusts the availability of potential investment opportunities in the sector and its economic viability, and to meet the growing demand for housing.” He also pointed that: “Mizat Development Company has solid experience in implementing residential projects and our funding to “Darat Al-Huda” project of Mizat Development Company demonstrates the goals of Bank Aljazira to deepen its engagement with real estate development companies, which in turn contributes to strengthening the role of our wise government in providing citizens with suitable housing.”
For his part, Eng. Mohammad Al-Saja, Chairman of Mizat Development Company's Board of Directors said that this agreement reflects the interest of the company to establish strategic relationships with banks and local and regional companies in order to create real estate products, which embody visions that satisfy customer expectations and keep up with their trust in the company." He added: "Mizat Development Company is proud to have Bank Aljazira part of the development of "Darat Al-Hada" project, which is one of our recent development projects, and we will be committed to employ the best technologies in the field of construction taking into consideration the high standards that characterize the company."
World leaders in door technology, DORMA has introduced in the Middle East, the world’s first revolutionary door device with unique Magnetic Levitation technology for the Interiors of any building. This product is a novel automatic sliding door that comes with silent operating behaviour of the door panel and requires no additional safety sensors when the system is operated in Low-Energy-Mode.
CS 80 MAGNEO is an all-purpose application for the public, commercial and private sector and the innovative DORMA Contour design meets all modern interior design requisites. Thanks to its new magnetic technology, it offers an almost noise free, safe and reliable door operation in combination with being wear resistant. The doors can be operated using various modes including a push button, Radar motion detector, a radio remote control and auto switch.
April 2, 2012
Kuwait is positioning itself as one of the Middle East and North African (MENA) region’s emerging construction markets with over 267 projects worth USD 274 billion underway for 2012, according to a report from CPH World Media, a leading business research and intelligence firm. The report shows that key factors like high levels of population growth, a robust economy and surging oil prices will help drive in more development for the country’s construction segment. Eyeing to play a major part in this forecasted growth, Rubber World Industries (RWI), the leading manufacturer of closed-cell rubber insulation 'Gulf-O-Flex' in the Gulf and South East Asia, and part of the international business conglomerate, the Shaikhani Group of Companies, has announced its plans to position itself as a major provider of world class high quality rubber based building materials through the strategic move of expanding its trading division.
Middle East Construction Forum to highlight vital issues affecting industry Hardware+Tools ME increasingly important as a meeting ground for regional trade
As the construction industry in the Middle East region continues to develop and move with the latest trends, there is expected to be considerable interest in the upcoming Middle East Construction Forum. The Forum is being held on the sidelines of Hardware+Tools Middle East, the region’s premier trade show and conference for hardware, tools, materials and machinery, which will run from May 8th to 10th at the Dubai International Convention and Exhibition Centre.
March 09, 2012
The Kingdom of Saudi Arabia, which represents the largest construction market in the Middle East and North African (MENA) region, has revealed a total of over 1,026 projects worth over USD 1.102 trillion underway for 2012, according to a report from CPH World Media, a leading business research and intelligence firm. The report shows that the growth is sustained by the Saudi government’s continuous efforts to liberalize the economy. Eyeing to play a major part in this forecasted growth, Rubber World Industries (RWI), the leading manufacturer of closed-cell rubber insulation 'Gulf-O-Flex' in the Gulf and South East Asia, and part of the international business conglomerate, the Shaikhani Group of Companies, has announced its plans to position itself as a major provider of world class high quality rubber based building materials through the strategic move of expanding its trading division.
The hospital will be built on a 358,000 sq. meter area as part of SEHA’s infrastructural development strategy. The 688-bed hospital – of which 150 are for rehabilitation – will be built on cutting edge architectural designs and equipped with state-of-the-art medical equipment.
Dubai, February 6, 2012: Senior officials of GCC airports have reviewed the challenges of safety on the airfields and the adoption of newer technologies to make the fast-growing airports in the region smooth, safe and cost-effective. The tremendous growth in flights at the airports and introduction of new types of aircrafts in the region is posing biggest challenges for the decision-makers in terms of operations and maintenance of the ever-expanding facilities as the region increasingly become the gateway between the East and West.
Recently, a MALMS User Group meeting was held at Al Bustan Rotana Hotel in Dubai. This was the first ever MALMS User Group workshop in the region and it was organized jointly by Dubai Airports and the UK-based Tailor Made Systems Limited (TMS) and their UAE representative, Bayanat Airports Engineering and Supplies.
It has been a pleasure to work with TMS and Dubai Airports to make this workshop happen. As a TMS representative we are proud to be part of arranging the first MALMS user group workshop in the region together with TMS and Dubai Airports, said Mr Kim Silander, Director Transport Systems and Services, Bayanat Airports.
- The Dubai Mall puts the spotlight on Emirati creative talent with second ‘Bidaya’ exhibition
- The GCC has US $142bn in road, rail and bridge projects planned
- Msheireb Properties awards QR 2.37 billion construction contract to Carillion plc and Qatar Building Company
- EFFICIENT FRENCH SOLUTIONS IN CONSTRUCTION AT SAUDI BUILD TRADESHOW IN RYADH
- Saudi Stone-Tech 2011 gateway to over 700 Saudi projects worth around SAR 1.6 trillion
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