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Redefining Tomorrow’s Skyline Meet the Top 100 Construction Giants Leading Today and Building Tomorrow. Shaping the Future with Innovation and New Benchmarks! THE DEFINITIVE GUIDE TO THE REGION'S CONSTRUCTION PROFESSIONALS EXPERT INSIGHT Getting The Facts: Insights Driving Real Estate Decisions PROJECT A Blend of Heritage and Modernity in Musandam REAL ESTATE Luxury Beyond Limits: OMNIYAT A U G U S T 2 0 2 4 | C B N M E . C O M
NEW IVECO S-WAY: HIGH TECHNOLOGY AND EFFICIENCY FOR ON-ROAD MISSIONS The new IVECO S-WAY, with a completely redesigned and reinforced cab, offers a wide choice of Euro III/V diesel engines, a delivering class-leading power from 360 HP to 560 HP Euro III / 570 HP Euro V and superior fuel-saving devices, such as anti-idling feature, Ecoswitch, Ecoroll and Smart Alternator. 12-speed HI-TRONIX automated transmission with the most advanced technology in its category, electronic clutch and best-in-class torque-to-weight ratio. NEW IVECO T-WAY: HIGH PRODUCTIVITY AND SAFETY ON OFF-ROAD TERRAINS With a complete line-up of AWD and PWD versions and the the 16-speed HI-TRONIX automated gearbox, the IVECO T-WAY features a host of functionalities such as Rocking Mode, Off-road Mode, Creeping Mode and 4 reverse gears to tackle with ease the toughest off-road conditions. The new architecture of the EBS system, combined with disc brakes on all wheels, greatly improves the vehicle’s performance and the driver’s safety in the most demanding applications. DRIVE THE NEW WAY
IN THIS ISSUE CBNME 16 26 16 PROJECT A BLEND OF HERITAGE AND MODERNITY IN MUSANDAM 20 REAL ESTATE LUXURY BEYOND LIMITS 22 PROJECT MAKE AN ENTRANCE: LUXURY DOORS CRAFTED BY OIKOS VENEZIA 148 EXPERT INSIGHT BEYOND BRICKS AND MORTAR 150 OP-ED ECO-FRIENDLY FRAMEWORKS 152 TECHNOLOGY SMART SPACES, SMARTER MANAGEMENT 154 UNSUNG HEROES RUAIRI MAGEE 148 100power Hour‘24 CBNME WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 3
Keep up to date with all the latest news, features and much more on our website and social media platforms CBNME.COM CBNME @CBNME CONSTRUCTION BUSINESS NEWS ME SUBSCRIBE subscriptions@bncpublishing.net PO Box 502511 Dubai, United Arab Emirates P +971 4 4200 506 | F +971 4 4200 196 For all commercial enquiries, contact jo@bncpublishing.net T +971 50 440 2706 All rights reserved © 2023. Opinions expressed are solely those of the contributors. Logistics News ME and all subsidiary publications in the MENA region are officially licensed exclusively to BNC Publishing in the MENA region by Logistics News ME. No part of this magazine may be reproduced or transmitted in any form or by any means without written permission of the publisher. Printed by United Printing and Publishing | upp.ae Images used in Logistics News ME are credited when necessary. Attributed use of copyrighted images with permission. All images not credited courtesy Shutterstock. CEO Wissam Younane wissam@bncpublishing.net Director Rabih Najm rabih@bncpublishing.net Group Publishing Director Joaquim D'Costa jo@bncpublishing.net Editor-in-Chief Vibha Mehta vibha@bncpublishing.net Sales Manager Alex Brown alex@bncpublishing.net Editorial Assistant Aya Zhang aya@bncpublishing.net Creative Lead Christian Harb chriss@bncpublishing.net Editorial Design Rizaldi Febrian Marketing Executive Aaron Joshua Sinanbam aj@bncpublishing.net Videographer Alexander Bungas 4 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
Formwork & Scaffolding from a single source. That’s a miss. That’s a hit! www.doka-me.com Doka’s ‘one-stop-shop’ solution provides enhanced project coordination, improved quality control and increased efficiency. The application of its state-of-the-art products and engineering expertise helps you to achieve more sustainable results. Scan to get more information AreaMarketing@doka.com https://www.linkedin.com/company/doka-middle-east-africa instagram.com/doka_mea
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A s this issue springs to life, I find myself enchanted by the symphony of synergy that has made it all possible. When confronted with tight deadlines and what seemed like insurmountable tasks, it's easy to feel adrift in a sea of chaos. Yet, in those very moments, the true alchemy of teamwork revealed itself. Each team member brought their own unique spark, a vital note in the harmonious composition that, when blended, created something far greater than the sum of its parts. The odyssey of crafting this issue has been nothing short of a masterpiece in motion. Each contributor played their role with finesse, weaving together diverse talents and perspectives into a rich tapestry of creativity. The true essence of collaboration emerged in those late-night brainstorms, the endless refinement of ideas, and the shared resolve to push boundaries. We didn't merely work alongside one another—we kindled each other's inspiration, elevating our brilliance to dazzling new heights. This issue is more than just a collection of narratives, designs, and concepts; it is a testament to the extraordinary potential that can be unlocked when passionate minds converge on a common vision. Every word, every design element, and every polished detail is imbued with the energy and dedication of a team that didn't just rise to the challenge—we embraced it wholeheartedly, transforming what could have been a daunting task into an exhilarating creative journey. The true enchantment of this process lies in the realization that we are, indeed, stronger together. When one of us wavered, another was there to lend support. When fresh inspiration was needed, someone was always ready with a spark. This relentless exchange of ideas and this dynamic interplay of creativity fueled our progress and shaped the final masterpiece. As we bring this chapter to a close and look toward the next, I am reminded of the boundless possibilities that emerge when we work in harmony. This issue stands as a celebration of collaboration—a radiant reminder that we are truly unstoppable when we combine our strengths. The challenges we faced only served to deepen our bond, and the result is something we can all take immense pride in. Here's to the power of teamwork, the beauty of collaboration, and the remarkable achievements that await us when we come together. The Symphony of Collaboration Vibha Mehta Editor-in-Chief vibha@bncpublishing.net Vibha Mehta vibhamehta01 @vibhamehta01 LETTER FROM THE EDITOR CBNME
ANANTARA SHARJAH RESIDENCES A NEW CHAPTER OF LUXURY EXPERIENCES BY THE SEA Bringing luxury seaside living to Sharjah for the first time, owners at the Anantara Sharjah Residences enjoy access to the Anantara Sharjah Resort’s world-class amenities, including an infinity pool, five distinctive restaurants, an Anantara Spa and a state-of-the-art gym. As an investment, owners can enjoy the benefits of a rental management scheme operated by Anantara Hotels, Resorts & Spas, allowing them to maximize their returns when they are not resident in the property. To register your interest, visit arada.com LIFE IS A JOURNEY.
N ew Murabba Development Company – a PIF Company - today unveiled the design of New Murabba Stadium, an architectural marvel with a capacity of over 45,000. The stadium will be a central pillar of “New Murabba,” the transformative downtown destination of Riyadh City. The New Murabba Stadium, inspired by the layered overlapping planes and peeling planar texture of the native Acacia tree, boasts a unique design that is a testament to the fusion of tradition and innovation. This design will not only be a visual marvel but also a functional one, enhancing the fan experience with cutting-edge sporting technology. The stadium will also serve as a vibrant community hub, featuring illuminated entry points and shaded spaces for gathering and socializing. “The New Murabba Stadium embodies our commitment to transforming Riyadh into a global destination for sports and entertainment,” said Michael Dyke, CEO of New Murabba Development Company. “The stadium will not only be a world-class venue for sporting events but also a vibrant community hub that enhances the quality of life for residents and visitors alike.” The New Murabba Stadium is strategically positioned to enhance community engagement. Its design maximizes long-term usability, allowing it to be adapted to host a wide range of events beyond sports, gaming competitions, and exhibitions. “The New Murabba Stadium is a symbol of Riyadh’s dynamic future. It demonstrates our commitment to delivering world-class infrastructure and experiences that will captivate both local communities and global audiences,” said Michael. With completion anticipated by the end of 2032, this venue promises to become a symbol of Riyadh’s transformation, attracting tourists, fostering community spirit, and solidifying Saudi Arabia’s position as a leader in sports and entertainment. The countdown to its opening has begun, and we can’t wait to welcome you to this iconic destination. THE NEW MURABBA STADIUM’S DESIGN, AN ARCHITECTURAL MASTERPIECE, HAS BEEN REVEALED CBNME REGIONAL NEWS New Murabba Stadium is a pioneering hub for sports and entertainment, redefining Riyadh and advancing KSA’s global sports goals 12 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
D ar Al-Handasah Consultants, (Shair and Partners), a Sidara Company, under an amendment to an existing framework agreement, will provide consultancy services, including engineering, design, project management, and multidisciplinary services for both existing and new infrastructure projects led by Aramco. The amendment, awarded in December 2023, provides for additional five years of general engineering and project management services – infrastructure (GESi) and can also be extended up to 3 additional years. This award effectively extends a previous GESi framework agreement that Dar signed with Aramco in 2019 and builds on a historical relationship that dates back to 1957, and that has been characterized by the successful delivery of innovative and transformative projects across various sectors. Commenting on the new framework agreement, Dar and Sidara’s Chairman and CEO Talal Shair said, “We are privileged to continue supporting Aramco in achieving its strategic objectives. We believe the new agreement validates and spotlights our contributions and provides us with an opportunity to continue to bring exceptional value to Aramco, leveraging the best of our expertise and capabilities, and that of all Sidara Companies.” Dar has been active in the Kingdom of Saudi Arabia since 1957, successfully delivering more than 600 projects for over 100 clients. With seven offices across major cities in the Kingdom, the company currently employs over 3,000 employees, including more than 1,000 Saudi nationals. Beyond its contributions on numerous Aramco projects, Dar has played a role in many of the ambitious and visionary giga-projects that are currently in development across the Kingdom, particularly those that support the achievement of Vision 2030. ARAMCO GRANTS AN ENGINEERING AND PROJECT MANAGEMENT CONTRACT TO DAR This award effectively extends a previous GESi framework agreement that Dar signed with Aramco in 2019 REGIONAL NEWS WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 13
FARNEK WINS SECURITY CONTRACTS WORTH OVER AED 25 MILLION Farnek is deploying an extra 400 guards to meet the demand from recent security contract wins with major companies U AE-based Farnek, a leader in smart and green facilities management, has recently secured a significant number of new security contracts totaling over AED 25 million. Technology has played a crucial role in these successes, with Farnek mobilizing an additional 400 guards to fulfill contracts with major clients such as GMG, Aramex, Al Aan TV, MAG EYE, AZADEA, NAS 2, MIZA Investments, SAAS Properties, Provis, and various international schools. One notable contract is with Gulf Marketing Group (GMG), a global leader in retail and well-being sectors, which requires Farnek to deploy 160 security personnel across 80 UAE locations. This includes offices, warehouses, and retail outlets like Geant, Sun and Sand, and Super Care Pharmacy. Farnek’s success highlights a rapidly growing market sector in the UAE and the broader region, with the manned security sector expected to grow at a Compound Annual Growth Rate (CAGR) of 7.78% through 2028. Farnek’s strategy emphasizes technology-driven and sustainable security solutions, such as Security Plus, a bespoke app developed by HITEK Services. Security Plus enhances operational efficiency by allowing guards to connect from various sites and use a centralized communication platform. Key features include real-time information capture through the ‘Rover Observation’ feature, incident reporting via CAFMTEK software, and comprehensive activity documentation. The app facilitates real-time updates, immediate response to emergencies, and detailed reporting, including the ability to attach images and videos. Markus Oberlin, Farnek CEO, and Javeria Aijaz, Managing Director of HITEK Services, underscore the importance of combining technological innovation with a strong human element. While digital tools enhance transparency and efficiency, the personal touch of well-trained security professionals remains crucial in managing and preventing potential incidents. CBNME REGIONAL NEWS 14 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
KAFD BECOMES MENA’S FIRST SMARTSCORE NEIGHBORHOOD CERTIFIED BY WIREDSCORE With this recognition, KAFD becomes the first neighborhood in the Middle East, and Africa (MENA) S audi Arabia’s prime business and lifestyle destination, King Abdullah Financial District (KAFD), has been awarded the SmartScore Neighborhood Certification by WiredScore, the world’s leading authority on smart building technologies, for its first-class digital infrastructure that delivers robust connectivity, sustainability, and a seamless live, work, and play experience. With this recognition, KAFD becomes the first neighbourhood in the Middle East and Africa (MENA) to achieve WiredScore’s SmartScore Neighborhood certification. The recognition follows a rigorous evaluation and certification process initiated in September 2023, when WiredScore announced during Cityscape Global in Riyadh that KAFD had secured SmartScore Neighborhood Pre- certification status. In the heart of Riyadh, KAFD redefines urban living with its cutting-edge mixed-use development, spanning 1.6 square kilometers. As Saudi Arabia’s first vertical city, KAFD is home to 95 avant-garde buildings that seamlessly blend Grade A offices, upscale residences, commercial and retail spaces, luxury hotels, and entertainment venues. This transformative environment is designed to offer a walkable experience, with everything interconnected within a 10-minute stroll. Central to KAFD’s vision is its smart city strategy, which integrates over 40 initiatives focused on district-wide automation and advanced digital infrastructure. This includes AI-driven systems, smart building management, efficient energy use, and intelligent waste management, all aimed at fostering a sustainable and cost-effective urban environment while advancing towards a cognitive city model. WiredScore is the global leader in smart building technology certification, ensuring that neighborhoods meet high standards in digital infrastructure, smart services, cybersecurity, and resident engagement. The SmartScore Neighborhood Certification evaluates the use of advanced technologies to enhance connectivity, efficiency, and sustainability. Expressing his excitement about the recognition, Gautam Sashittal, CEO of King Abdullah Financial District Development and Management Company (KAFD DMC), stated: “At KAFD, we’ve always envisioned a future where technology is people-centred, building a smart city focused on enhancing the lives of our residents and empowering a smooth community experience. This goes beyond flashy tech and sparkling skyscrapers; it’s about a holistic approach combining innovation, sustainability, and thoughtful planning. This recognition by WiredScore is the embodiment of our vision for KAFD.” He added: “We are deeply honoured to receive this outstanding recognition from WiredScore, an endorsement of our strategic efforts and investment in secure, reliable, and advanced infrastructure. We are privileged to become the first neighbourhood to achieve WiredScore’s SmartScore Neighborhood Certification, which reaffirms KAFD’s leadership for modern-day and future smart developments in the MENA region and etches its presence on the global smart city landscape.” It is important to note that in March 2023, the KAFD DMC headquarters became the first building in Saudi Arabia to achieve SmartScore certification, receiving the highest level of Platinum. REGIONAL NEWS WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 15
CBNME A Blend of in Musandam and Heritage Modernity Hoehler + alSalmy SPC is revitalising Telegraph Island in Oman, a former telegraph repeater station from 1864, into a heritage monument. This project aims to celebrate its historical significance and draw visitors to its storied ruins. PROJECT
T elegraph Island, located in the picturesque waters of Musandam, Oman, has a long history dating back to 1864. Once a bustling telegraph-cable repeater station, it now stands as a testament to bygone eras, with its ruins bearing witness to the passage of time. Recognising its cultural and historical significance, Hoehler + alSalmy SPC (H+S) launched a project to turn this lost gem into a monument that not only preserves its heritage but also attracts visitors. The vision for Telegraph Island’s revitalisation is to breathe new life into its storied past while safeguarding its natural surroundings. H+S approached the Governorate of Musandam with a proposal to redesign the island, aiming to create a destination that celebrates its history, protects its fragile ecosystem, and attracts tourists and nature enthusiasts alike. In the initial stages of the design process, H+S explored various approaches to rejuvenating Telegraph Island. While one option considered replicating the island’s original state, the team ultimately decided on a more innovative approach. The design was meticulously crafted to strike a balance between preserving the island’s heritage structures and integrating modern elements that enhance its functionality and appeal. Lead architect, Muhammad Al Salmy, envisioned a design that pays homage to the island’s past while embracing its potential for the future. The project includes: Grand Building The revitalised Telegraph Island will feature a functional building that serves as both an art installation and a hub for visitors. The building will also be used as a functional space for exhibitions, conferences, and gatherings, making it a unique element due to its situation on an island. The building’s look mirrors the surroundings in the morning, blending seamlessly with the natural landscape, and appears as a jewel at night in the Gulf of Oman. This structure will not only provide facilities for tourists but also act as a focal point for showcasing the island’s history and cultural significance. A BLEND OF HERITAGE AND MODERNITY IN MUSANDAM Set in the heart of a lagoon, Telegraph Island offers breathtaking panoramic views and a serene, tranquil atmosphere. WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 17
CBNME PROJECT The design is meticulously developed to harmonise the preservation of the island’s historic structures with the integration of modern features, enhancing both its functionality and visual appeal. 18 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
A BLEND OF HERITAGE AND MODERNITY IN MUSANDAM Island Features The building structure will be surrounded by various elements, including a welcoming arrival jetty, clearly defined pathways, wayfinding elements to guide visitors around the island, and viewing points equipped with informative boards and telescopes. These features will enhance the visitor experience, making the island more accessible and informative while highlighting its historical and cultural significance. Design Process The island’s original foundation was not altered; the glass box was merely placed on top. The design team took various steps to protect the island as much as possible, such as placing buoys around it to protect the corals from anchoring ships nearby. The island will be powered by solar power and will have its own RO plant for water, among other elements, to be a 100% CO2 efficient building. Protection of Nature Recognising the island’s importance as a snorkeling and diving destination, the design prioritizes the conservation of its surrounding mangroves and marine life. Sustainable practices will be implemented to minimise environmental impact and preserve the island’s natural beauty for generations to come. Scenic Location Situated in the heart of a lagoon, Telegraph Island offers stunning panoramic views and unparalleled tranquility. The revitalisation project aims to enhance the island’s scenic appeal, making it an irresistible destination for tourists seeking adventure and relaxation amidst breathtaking landscapes. accommodate up to 400 passengers. The signing of these agreements highlights the steadfast support from both governments, underscoring their dedication to the project’s execution and progress. This commitment aligns to strengthen the historical and cultural ties between the two nations and enhance collaboration in economic, commercial, investment, artistic, and developmental spheres. The agreements also align with the leadership’s longstanding directives to establish a joint railway network, contributing to the long-term sustainable development of both countries. WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 19
CBNME REAL ESTATE F or over two decades, Mahdi Amjad has been a driving force in transforming Dubai’s luxury real estate landscape. His unique approach, merging art, architecture, and innovation, has led to the creation of iconic landmarks like The Opus and The Lana Dubai. As the Founder and Executive Chairman of OMNIYAT, Mahdi has set new global benchmarks in luxury real estate, guided by his philosophy of ‘The Art of Elevation.’ His visionary approach and adaptability have positioned OMNIYAT as a pioneer in the industry, treating each project as a bespoke masterpiece that reflects its surroundings and the lifestyles of its residents. This unwavering commitment to excellence has been at the heart of OMNIYAT since its inception. Revolutionizing Dubai’s Real Estate Landscape Since founding OMNIYAT in 2005, Mahdi’s mission has always extended beyond creating visually stunning buildings; his goal has been crafting experiences that deeply resonate with residents and visitors. Recognizing Dubai’s potential as a global hub for the ultra-high-net- worth demographic, he has led OMNIYAT’s projects from Luxury Meet Mahdi Amjad, the visionary sculpting Dubai’s iconic skyline Beyond Limits Every detail of The Lana Residences, situated on the waterfront of Marasi Bay Marina, exudes pure luxury, offering an unmatched living experience 20 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
LUXURY BEYOND LIMITS concept to completion, focusing on creating unparalleled luxury experiences. Under his leadership, OMNIYAT has partnered with world- renowned designers and architects, emphasizing the fusion of luxury, sustainability, and cutting- edge technology. The impact of OMNIYAT’s projects on Dubai’s skyline is truly impressive. Expanding Boundaries Under Mahdi’s leadership, OMNIYAT’s portfolio, valued at $10 billion, spans 18 properties across residential, hospitality, retail, and office spaces. This diverse portfolio highlights his dedication to blending luxury with functionality. However, what truly sets us apart are our standout projects like One at Palm Jumeirah and The Lana Residences and Hotel. These record-setting developments, including a penthouse at The Lana Residences, sold for AED 139 million, and the Sky Palace in AVA at Palm Jumeirah Dorchester Collection, sold for AED 220 million, are a testament to Mahdi’s leadership and OMNIYAT’s commitment to excellence. Shaping the Future Mahdi’s entrepreneurial spirit and belief in being ‘best in class in every class’ drive OMNIYAT’s continuous growth and diversification. This vision includes a strategic corporate restructuring announced in 2024, a move that underscores our commitment to adaptability and innovation. With plans to invest AED 100 billion in new ventures over the next five years, targeting various real estate segments, we are confident in our ability to shape the future of luxury real estate. This strategy also includes expanding our luxury portfolio by AED 10 billion and launching a new real estate division in Q3 2024, further solidifying OMNIYAT’s position as a leader in the luxury real estate market. Mahdi Amjad, Founder and Executive Chairman of OMNIYAT Nestled on Palm Jumeirah, ORLA Infinity offers just 20 exclusive duplex residences, each meticulously designed to blend indoor and outdoor spaces. This thoughtful positioning ensures residents enjoy stunning views WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 21
Make an Entrance: Luxury Doors Crafted by Oikos Venezia Stefano Neri, CEO of Oikos Middle East, talks about the inspiration for their luxury doors, Italian workmanship, the most recent move to a larger showroom in Al Quoz, sustainability at the core, future ambitions, and expansion plans. CBNME PROJECT Oikos Atelier Dubai a museum, a laboratory, a living room C an you share more about the inspiration behind Oikos Venezia luxury doors and what sets them apart from other door manufacturers? Oikos Venezia is an expression of Made in Italy, an intangible heritage based on beauty and innovation. What leads us every day and distinguishes us from our competitors is precisely this ‘culture of Italian know-how’, which is synonymous with quality and the result of centuries of refinement and attention to detail. Beauty is a cornerstone of the culture that describes us: products are not only functional but also attractive, often drawing inspiration from the Venetian artistic tradition, that sees characters like Carlo Scarpa, Antonio Canova or Andrea Palladio as standout elements. Another essential element that distinguishes us from the competition is our ability to innovate: despite our deep ties to tradition, the company’s ideology views innovation as one of its distinguishing features. How do you ensure that the Italian craftsmanship and attention to detail are maintained throughout the production process, especially when catering to elite clientele in the Middle East? Italian craftsmanship is a heritage of inestimable value and is an integral part of Oikos Venezia. Coming to us through Renaissance artisanal mastery and ancient crafts passed down from generation to generation, it manifests itself by combining craftsmanship and innovation. Typical elements such as beauty, customisation, and attention to detail are declined by us in an industrial form. To guarantee the highest standards to a clientele very attentive to these aspects - like that of the Middle East - Oikos Venezia has internalised all the phases of the process of making its own doors, from design to packaging, carrying them out with the utmost care in our WWW.CBNME.COM
MAKE AN ENTRANCE: LUXURY DOORS CRAFTED BY OIKOS VENEZIA Stefano Neri, CEO of Oikos Middle East headquarters in Venice. In addition we collaborate with suppliers that are capable of respecting the highest quality standards. Explain the significance of the recent relocation of Oikos Venezia’s showroom to a larger warehouse in Al Quoz, Dubai, and how it reflects the brand’s commitment to the Middle East luxury market. The recent shift to a larger space in Al Quoz’s artistic district of Al Quoz is distinctly strategic. On the one hand, there is a demand for more space to display our doors - true Entrance Architectures - more in line with the Oikos Venezia DNA, especially in dimensional terms. On the other hand, we chose this location for logistical reasons. The neighbourhood is more accessible and reachable than the former location, with plenty of parking. Furthermore, the Al Quoz district is gaining increasing relevance. Many warehouses have been converted into art galleries, small photographic studios, and exhibition spaces. What motivated Oikos Venezia to showcase impressive products like 5-meter and 4-meter high pivot and double-leaf pivot doors in the expanded showroom? How do these displays enhance the customer experience? What motivated us to add products of this nature in our new showroom was the goal to provide the visitor with a genuinely immersive experience, allowing them to touch the almost infinite possibilities of personalisation that we provide, also in terms of dimensions. What we aim to communicate is our ability to turn apparently impossible into reality. Dreams that we make a reality through our experience combining high-level workmanship with an industrial model capable of ensuring top-tier performance and international certifications. Could you discuss the innovative features of Oikos Venezia doors that set them apart in the luxury market, particularly in terms of design, functionality, and craftsmanship? Freedom of measurement: our doors are characterised by a steel structure that makes them WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 23
Synua, the safety door for large dimensions, with vertical pivot operation and installation coplanar with the wall suitable to reach very important dimensions, even exceeding the standard 6,2 meters in height and 3 in width; Creativity: the final client, designer, and architect is given full expressive and creative freedom; Customisation: each Oikos door is a unique, distinctive element, it represents the character and personality of the final customer. Each finish, colour or accessory is studied. We do not produce in series; Technology: reconnecting to the previous point also from a technological point of view, total freedom of choice >>> of solutions is given. In terms of technology (fingerprint reader, touchpad, smartphone, or 24 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
traditional key), automation (electric motor), and optional (resistance to hurricanes, thermal cut kit, etc). Could you elaborate on some of the notable projects you have been involved in, and how your background in project management has contributed to the success of these ventures? Some of our notable projects include Bosco Vereticale in Milan, Tower One in Cyprus, Mareterra in Monaco, private villas located in Dubai (e.g. in Dubai Hills and Jumeirah). Furthermore the Prince of Saudi Arabia has chosen us for some projects. What are some of the challenges you face in delivering luxury doors to clients in the Middle East, and how do you overcome them while maintaining the highest standards of quality and service? The biggest challenges we face in providing luxury doors to Middle East customers are related to service. Nowadays, it is very important to guarantee the customer a high-level service, in the phases of project definition, choice of the most suitable product, installation, and after-sales. Oikos Venezia operates in the GCC area directly through its own Atelier in Dubai or through the growing network of local retailers. To maintain the highest quality and service standards, specific commercial and technical training is organised at the Venice headquarters and a phase of field support is prepared that will allow the retailer to become operationally autonomous with unique imprinting. In what ways do you see the luxury living experience evolving in the Middle East, and how does Oikos Venezia Middle East adapt to meet the changing demands and expectations of discerning clientele? In the Middle East area, there is a continuously growing trend that sees a surge in luxury properties, particularly in Dubai, Kuwait and Saudi Arabia. This trend can be traced back to the diversification of the local economy - which is shifting from a sustenance based on oil to a diversified and heterogeneous one dictated by finance, tourism, and commerce -, to the increase in UHNWI (Ultra High net worth individual) and to the transition to an experience-based lifestyle. Especially millennials UHNWIs seek in properties emotional well-being, a multigenerational living environment characterised by advanced technologies and maximum customization. In this sense, Oikos Venezia is perfectly in line with the expectations and desires of customers being a reality that makes extreme customisation, aesthetic research, and attention to detail its highest expression. How do you incorporate sustainability and environmental consciousness into the production and distribution of Oikos Venezia luxury doors, considering the growing global focus on eco-friendly practices? Oikos Venezia has embarked on a path of sustainability in the production of its products to try to impact the environment as little as possible. 95% of production waste is recycled through separate collections: iron, wood, aluminum, and paper just to name a few. We use materials that do not harm the atmosphere, such as water-based paint that does not emit solvents and VOCs (volatile organic compounds) into the atmosphere. Furthermore, to try to minimise emissions and respect the environment as much as possible, we use renewable energy produced through our photovoltaic panel system. Looking ahead, what are Oikos Venezia’s goals and aspirations for further growth and innovation in the Middle East luxury market, and how does it plan to achieve them? Oikos Venezia’s goal is to be able to serve the Middle East in a more widespread manner by strengthening the territory’s retail network. Selected retailers capable of guaranteeing the highest quality standards (from consulting - during the design phase - to the management of administrative practices, from product installation to after-sales service). The Middle East market is critical to our growth plan and target audience. It is a clientele that reflects our company concept and the characteristics that define us. Skydoors line offers aluminium finishes that dialogues with contemporary architecture MAKE AN ENTRANCE: LUXURY DOORS CRAFTED BY OIKOS VENEZIA WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 25
100power Hour‘24 CBNME
T he Middle East’s construction industry is in the midst of an extraordinary boom, rapidly establishing the region as a global epicentre for architectural innovation and futuristic infrastructure. Driven by visionary leadership, bold investments, and an unwavering commitment to ambitious development goals that redefine the industry, the Middle East isn’t just expanding; it’s reimagining what’s possible in the world of construction. The construction market in the region is on an impressive trajectory, demonstrating a stable growth and is expected to grow at a compound annual growth rate (CAGR) of 6% over the next five years. In 2023 alone, the Gulf Cooperation Council (GCC) countries unveiled over $1.3 trillion in new construction projects, signalling the sector’s robust health and the ambitious visions that are reshaping the landscape. At the core of this transformation are developers who are not just laying bricks and mortar but are crafting the future. Their blueprints are turning national dreams into reality, with projects like Saudi Arabia’s NEOM, a futuristic city worth $500 billion, and Expo City Dubai leading the charge. These developments are more than just architectural achievements; they are prototypes for tomorrow’s cities, blending sustainability, cutting-edge technology, and luxurious living. Contractors and subcontractors are the powerhouse behind the scenes, turning these grand visions into reality. They tackle some of the most challenging construction projects the world has ever seen, whether building luxury resorts on the unspoiled islands of Saudi Arabia’s The Red Sea Project or completing state-of-the-art stadiums in Qatar for the 2022 FIFA World Cup under tight deadlines. These feats highlight the region’s construction prowess, setting new global standards for quality, innovation, and sheer scale. Architects and consultants are the visionaries sculpting the skyline of the future. Their designs go beyond mere function, capturing the region’s cultural essence and futuristic ambitions. Take Dubai’s Museum of the Future, designed by Killa Design—a stunning fusion of technology and tradition. Its torus shape, emblazoned with Arabic calligraphy, represents the region’s leap into the future while staying rooted in its rich heritage. Meanwhile, consultants ensure that these awe-inspiring structures are as sustainable as they are stunning, guiding projects to stand out and the test of time in an environmentally conscious world. Sustainability is no longer a buzzword; it’s a cornerstone of the Middle East’s construction philosophy. The region is setting new benchmarks by embedding renewable energy solutions, energy-efficient designs, and eco-friendly materials into its projects. Abu Dhabi’s Masdar City, for example, is one of the world’s most sustainable urban communities, aiming to be powered entirely by renewable energy—a glimpse into the future of urban living. In the Middle East, the construction industry is not just growing—it’s evolving, innovating, and leading by example. Developers, contractors, subcontractors, architects, and consultants are all integral players in this transformation, working harmoniously to reshape the region’s skyline and redefine global construction standards. As the world watches, the Middle East continues to push boundaries, promising a future where cities are smarter, buildings are greener, and the skyline tells a story of innovation and ambition. The projects on the horizon aren’t just worth the wait—they’re set to be world-changing. Here, we present the top 100 construction giants poised to shape the future with visionary leadership and forge the path to a brighter tomorrow… Words by: Vibha Mehta **The Powerlist is compiled using a combination of interviews, notable achievements, collected data, and research on various projects. This process ensures that the list reflects a comprehensive and informed assessment of the individuals or entities featured. Although some companies choose not to be included, we honoured and appreciated their preference. REDEFINING TOMORROW’S SKYLINE: POWER HOUR 100
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100power Hour‘24 CBNME B arry Lewis, appointed CEO of ALEC last year, has been a pivotal figure in the company’s evolution over the past two decades. His leadership has been integral to ALEC’s transformation into a powerhouse in the construction industry, particularly in the Middle East. Throughout his tenure, Barry has been at the helm of numerous landmark projects that have redefined the region’s skyline. Among these are the Dubai Airport Concourses A and D, the ultra-luxurious Bulgari Hotel and Resort, the towering One Za’abeel, and the groundbreaking SeaWorld Abu Dhabi, each of which showcases ALEC’s capability to deliver projects that are both architecturally stunning and logistically complex, while also being environmentally sustainable. As CEO, Barry is focused on driving ALEC into its next growth phase, with a strategic emphasis on expanding into new markets and diversifying the company’s service offerings. Under his guidance, ALEC is making significant inroads into Saudi Arabia, a key growth market, particularly with high-profile projects like the Qiddiya Speed Park, a part of Saudi Arabia’s ambitious Vision 2030 initiative. This expansion, under Barry’s strategic vision, is increasing ALEC’s regional presence and positioning the company as a leading player in the Kingdom’s rapidly evolving construction landscape, instilling optimism about the company’s future growth. Barry’s vision for ALEC also strongly focuses on innovation, particularly in modular construction and data centre solutions. The company is pioneering modular construction techniques, which streamline the building process, reduce waste, and increase efficiency. This innovative approach is evident in ALEC’s recent projects, which feature cutting-edge design and construction technologies, reinforcing the company’s reputation for pushing the boundaries of what’s possible in the construction industry. BARRY LEWIS CEO / ALEC #1 WWW.CBNME.COM
CONTRACTORS In addition to these initiatives, Barry is enhancing ALEC’s capabilities in the energy, oil & gas, and marine industries sector through its subsidiary, TARGET, which is now wholly owned by ALEC. This move is part of a broader strategy to diversify the company’s portfolio and strengthen its position in these critical sectors. ALEC’s growth under Barry’s leadership is also reflected in its workforce, which now exceeds 34,000 employees. These professionals are skilled and embody the company’s culture of excellence and innovation. Barry’s approach to leadership transcends mere operations; he is deeply committed to fostering a culture of continuous improvement and innovation within ALEC. His strategic direction ensures that the company remains at the cutting edge of the construction industry, capable of tackling the most challenging projects with a relentless pursuit of excellence. Under his stewardship, ALEC is not just growing but setting new standards for quality, sustainability, and innovation in construction, inspiring all those associated with the company. ‘The Link’ was designed to become the world’s largest cantilevered structure, setting a Guinness World Record, suspended between two towers standing at 300 and 235 meters Spanning two levels, Dubai Hills Mall offers 2 million sq. ft. of retail, dining, and entertainment options WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 31
100power Hour‘24 CBNME ENG. FAKHER AL-SHAWAF GROUP CEO / ALBAWANI HOLDING COMPANY E ng. Fakher Al-Shawaf, the dynamic Group CEO of AlBawani Holding Company, is a visionary architect behind the transformation of Saudi Arabia’s construction landscape. With a deep- seated passion for innovation and a relentless pursuit of excellence, he has steered AlBawani into becoming one of the Kingdom’s most influential construction powerhouses. Under his leadership, the company has played a pivotal role in realising some of the region’s most ambitious and iconic projects, each a testament to his commitment to quality, sustainability, and strategic growth. Fakher’s leadership philosophy goes beyond mere construction; he envisions building a future harmonising with Saudi Arabia’s Vision 2030, where infrastructure is not just about bricks and mortar but about creating sustainable, livable spaces that inspire and endure. His ability to foresee industry trends and embrace cutting-edge technologies has allowed AlBawani to set new benchmarks in the industry, from integrating smart technologies into infrastructure projects to pioneering sustainable construction practices that reduce environmental impact. Known for his innovative mindset, Fakher has cultivated a culture of continuous improvement and creativity within AlBawani. He empowers his team to push the boundaries of what is possible, ensuring that every project meets and exceeds client and stakeholder expectations. His leadership is characterised by a forward-thinking #2
CONTRACTORS approach that blends traditional engineering excellence with the latest advancements in construction technology. Fakher’s influence extends beyond the corporate boardroom; he is also a passionate advocate for developing the next generation of engineers and leaders. He is committed to nurturing talent and fostering a culture of learning and innovation within AlBawani, ensuring that the company remains at the cutting edge of the construction industry in Saudi Arabia and beyond. In a rapidly evolving construction landscape, Fakher stands out as a leader who is not just building structures but shaping the region’s very future. His unwavering dedication to creating smarter, more sustainable cities and his strategic vision for growth have firmly established him and AlBawani as key players in realising Saudi Arabia’s transformative ambitions. AlBawani Holding Company is actively involved in several high- profile projects across Saudi Arabia, solidifying its position as a leading regional construction powerhouse. One of the most significant recent projects is a $2.1 billion contract in Wadi Safar, Diriyah, in partnership with Urbacon Saudi Co. This strategic collaboration underscores AlBawani’s commitment to working with industry leaders, solidifying its position as a leading regional construction powerhouse. Additionally, AlBawani is playing a crucial role in the entertainment sector, mainly through its collaboration with Saudi Entertainment Ventures (SEVEN). The company is contributing to developing several entertainment destinations across Saudi Arabia, including projects in Yanbu and Tabuk. These developments are part of SEVEN’s SAR 50 billion investment plan to create world-class entertainment complexes across 21 locations in the Kingdom by 2030, supporting the Vision 2030 goal of diversifying the economy through tourism and entertainment. Furthermore, AlBawani is involved in the ambitious Red Sea Project, a 30,000-square-kilometre sustainable tourism development on the Saudi coastline. This project is a testament to AlBawani’s commitment to sustainability, as it is designed to set new standards for sustainable tourism. It will feature luxury accommodations while adhering to strict environmental guidelines, such as zero waste and carbon neutrality. These projects highlight AlBawani’s diverse capabilities and critical role in shaping Saudi Arabia’s future infrastructure, tourism, and entertainment landscapes. Fakher is undeniably a visionary leader, steering AlBawani in reshaping the skyline and the very essence of Saudi Arabia’s future. Located just 41 kilometers from Riyadh’s King Khalid International Airport and 15 minutes northwest of the city, Six Senses Wadi Safar will offer 80 guest rooms across five hilltop clusters, providing panoramic view GHM Joins the Stellar Cast of Iconic Brands in Saudi Arabia’s Diriyah with Signing of The Chedi Wadi Safar WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 33
100power Hour‘24 CBNME S amer Abdul Samad joined Nesma & Partners Contracting in 1994, as a site engineer after graduating from New York University with a Master of Science degree in Civil Engineering in 1992, following his Bachelor of Science degree in Civil Engineering from the same university in 1990. Over the past 30 years, Samer has steadily advanced in his career. In his previous roles at Nesma & Partners, Samer was an indispensable member of operations and project management, overseeing all construction and infrastructure projects in the company, contributing to its growth, and achieving its goals. Due to his dedication and ambitious spirit, he was promoted to Vice President of Public Works in 2016. In 2020, he was appointed Vice President and Chief Operating Officer before being named the company’s President and CEO in 2021. Since becoming President and CEO, Samer has started several measures to strengthen Nesma & Partners’ position as the Kingdom’s premier contracting company. Samer unveiled an ambitious strategy and vision for Nesma & Partners in early 2021, building on the business’s strong 43-year history as a prominent Saudi company. Samer aims to enhance the company’s engineering, procurement, and construction capabilities to enable it to secure, organise, and efficiently manage more large-scale projects, contributing to the company’s sustainable growth, increasing local content, and achieving Vision 2030. Over the past year, SAMER ABDUL SAMAD PRESIDENT & CEO / NESMA & PARTNERS #3 Diriyah Gate is a mixed-use part of the giga-project, with history and heritage assets at its core, enriched by entertainment, shopping, hospitality, and residential elements 34 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
CONTRACTORS Samer has strengthened their commitment to localisation through multiple partnerships with the Saudi Local Content and Government Procurement Authority. These strategic partnerships have enabled us to enhance their localisation efforts and contribute effectively to the development of the Saudi economy. Additionally, their local content percentage increased from 39.78% in 2022 to 43.28% in 2023, and 97.49% of major material requests were sourced from local suppliers. Nesma & Partners also received the Excellence Award for achieving the highest overall performance in the IKTVA program in 2023 within the construction sector, thanks to Samer’s commitment to localising the supply chain and investing in developing young Saudis and local suppliers. Over the past year, they have signed several Memorandums of Understanding to reaffirm their strategic partnership with renowned organisations such as the Saudi Contractors Authority, King Fahd University of Petroleum and Minerals, Columbia University, the Saudi Social Development Bank, the Gulf Board of Directors Institute, and others. Under his leadership, more than 24,000 Saudis were trained last year through their internal training initiatives, whether at the Nesma Training Institute or through various other programs such as “Excellerate,” academic sponsorships, and other training and development programs that provide young Saudis with skills and opportunities for personal and professional growth. They also became part of the “Wa’ad” initiative, the national training initiative by the Ministry of Human Resources and Social Development. They exceeded their annual “Wa’ad” target by more than 100% in 2023 by training over 21,000 employees. These efforts, along with their mentoring program and the establishment of the first Youth Council, “YouthRE,” played a crucial role in nurturing emerging talents within the organisation. Committed to positively impacting society, Samer has continued to ensure that Nesma & Partners enters into various sponsorship and partnership agreements with prominent social impact organizations to support charitable initiatives targeting Saudi youth, people with disabilities, and families in need. These partnerships include ongoing and long-term collaborations with charitable entities such as Sawaeed for empowering persons with disabilities, the Efaa Charity Association, the Qaderoon Business Disability Network, and the Saudi Food Bank Association Et’aam. A notable partnership is the ongoing strategic collaboration with the Tarmeem Association, which has renovated nearly 140 homes over five years, supporting the most in-need families in the community. Thanks to his focus on sustainability and pursuit of quality, Nesma & Partners was awarded an 81 on the “Achilles” rating scale. They also ranked third on the list of the Best Place to Work by the Great Place to Work® Middle East, in addition to being re-certified with the Golden Accreditation from the Ministry of Human Resources and Social Development. Nesma & Partners also ranked first on the list of the top 30 contractors in the Construction Week Middle East magazine for two consecutive years in 2022 and 2023. This recognition builds on Nesma & Partners being selected as one of four companies in which the Public Investment Fund decided to make significant investments last year. Over the past years, Samer has demonstrated his exceptional leadership ability by securing numerous large-scale projects such as the Red Sea Airport, Riyadh Avenues, and various energy projects for different clients from government agencies and private companies such as Red Sea Global, NEOM, Shomoul, Diriyah Gate, and Aramco in different regions of the Kingdom such as Riyadh, NEOM, AlUla, and the Eastern Province. Many projects were also successfully delivered last year, such as the Al-Hijr Hotel in AlUla, the Red Sea Airport, the Trojena Camp in NEOM, the Samhan Car Park in Diriyah, and the Southern Ghawar and Marjan projects for Aramco, in addition to completing 110 work orders under Aramco’s Onshore Capability Management Program. Additionally, they were awarded several major projects such as the King Salman Park project, the water removal project at The Line, the Sindalah Buildings Complex 1 and 2, the 5K and 10K construction villages in NEOM, and the Aramco main gas packages 10 and 14, further expanding the project portfolio and strengthening the collaborative relationships with clients. Nesma & Partners revealed earlier this year that it has acquired Kent, the world’s leading energy engineering firm. This achievement strengthens their global reach and allows them to better serve their clients. One of the largest commercial malls in the Middle East, Avenues Mall, Riyadh boasts a development built-up area of around 1.5 million square meters_ WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 35
100power Hour‘24 CBNME PIETRO SALINI CEO / WEBUILD GROUP P ietro Salini, the driving force behind Webuild’s global recognition, leads a construction and civil engineering firm that is a beacon of expertise in executing complex infrastructure projects. With his decades of experience, Pietro has been pivotal in establishing Webuild as a global leader in sustainable infrastructure, steering the company with a strong focus on innovation, sustainability, and strategic growth. Webuild, a transformation from Salini Impregilo, has a robust presence in the Middle East and is deeply involved in several key infrastructure projects. The company’s work in the region, including the construction of metro systems, airports, and water desalination plants, plays a crucial role in the modernization and economic growth of the area. Webuild has been awarded a substantial $4.7 billion contract to construct three dams in Saudi Arabia’s Neom special economic zone. These dams are part of an ambitious project to create a 2.8 km-long freshwater lake at the Trojena mountain resort. The primary dam, made of roller-compacted concrete (RCC), will stand 145 meters tall and stretch 475 meters in length, with the capacity to hold around 2.7 million cubic meters of water. The second dam, also built using RCC, and the third, composed of rock, will further contribute to the infrastructure, with the latter capable of holding 4.3 million cubic meters of water. The artificial lake, covering 1.5 square kilometres, will feature an island designed for botanical dives and nature walks. In addition to these dams, Webuild will also construct “The Bow,” a visually striking structure that extends the lake’s surface beyond the main dam. Resembling the prow of a ship, this architectural feat will host a hotel, residential area, and central atrium, all suspended over the valley below. Pietro, with a deep sense of pride and commitment, expressed the importance of this engineering marvel within the Trojena master plan. The development is not just a project but a testament to the team’s dedication and the potential for international recognition of its engineering and construction excellence. Under Pietro’s leadership, Webuild continues to expand its influence in the Middle East. It delivers projects that adhere to the highest standards of quality and safety while contributing to the region’s long-term sustainability goals. #4 36 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
CONTRACTORS RAMEZ AL-KHAYYAT PRESIDENT / UCC HOLDING R amez Al-Khayyat, the distinguished President of UCC Holding, has been pivotal in transforming the company into a global leader. His strategic guidance and unwavering commitment to quality and innovation have positioned UCC as a construction and development industry leader. Under his leadership, UCC Holding has become a diverse conglomerate, employing over 32,000 experts and professionals worldwide. Since establishing an office in Saudi Arabia, UCC Holding has employed over 15,000 professionals on landmark projects across the Kingdom. These projects, which span various sectors, including developing entertainment facilities, luxury hotels, and resorts in key locations such as Madinah, Qiddiya, Tabuk, and the Yanbu entertainment complex, have not only contributed to the economic growth of these areas but also provided employment opportunities for local residents. Among the notable ventures are a five-star hotel and a water theme park in Qiddiya. All these projects collaborate with prominent entities under the Saudi Public Investment Fund, such as Saudi Entertainment Ventures (SEVEN) and Qiddiya Investment Company. Over the past 12 months, UCC Holding has significantly expanded its footprint, not only in Saudi Arabia but also across the CIS countries, Latin America, and Europe. This global expansion includes notable energy concession projects, highlighting UCC’s diversification and growth. This year, UCC broadened its business portfolio to include energy concessions, securing a contract for seven energy projects in Kazakhstan in partnership with the Kazakh Ministry of Energy and QazaqGaz. Additionally, UCC has signed several agreements to establish new power plants and gas pipelines in various countries, reinforcing its position as a global leader in the energy sector. UCC’s impressive success can be attributed to three essential pillars that have shaped its achievements: Dedicated Manpower: UCC’s workforce division operates with military precision, ensuring optimal resource allocation and efficient project management. This well-coordinated approach enhances productivity and ensures projects are completed on time and within budget. With a highly skilled and motivated team, UCC consistently delivers high-quality results. Vertical Integration: UCC’s vertical integration maintains high standards of quality and efficiency. The company covers various subcontracting disciplines, including MEP, marine work, infrastructure, landscaping, and joinery. This in-house capability allows UCC to control every project aspect, ensuring all components meet stringent quality standards for seamless development. Commitment to Digitization: UCC has heavily invested in technology and digitization to streamline operations. Utilizing systems like SAP, Microsoft, Google Cloud, BIM for project visualization, and Primavera for scheduling, UCC ensures real- time updates and data-driven decision- making. This digital transformation has made UCC’s processes more agile, transparent, and efficient, keeping it competitive. Under Ramez Al-Khayyat’s leadership, UCC Holding continues to push boundaries and set new benchmarks in the construction and development industry. With a strong focus on innovation, sustainability, and excellence, UCC is poised to shape the future of global infrastructure and development. #5 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 37
100power Hour‘24 CBNME SAMEH FAM CEO / INNOVO BUILD S ameh Fam, CEO of Innovo Build, the construction division of Innovo Group, brings 30 years of industry experience, having led some of the most iconic and complex projects to success. Before joining Innovo Build in 2021, Sameh spent nearly 18 years at ASGC Group, steadily advancing from Construction Manager in 2005 to Managing Director in 2020. His journey reflects his dedication, vision, and significant impact on the construction industry. Sameh has consistently excelled in overseeing complex construction projects, ensuring they are completed on time and to the highest standards. He holds an MSc in Construction Project Management from Heriot- Watt University, UK, and a BSc in Architectural Engineering from Cairo University. Sameh is a strong advocate for sustainability and green building practices. He was pivotal in steering projects toward achieving LEED and BREEAM certifications, industry benchmarks for sustainability. Under his leadership, Innovo is currently working on several notable green building projects, including Six Senses The Palm (LEED Silver), the Louvre Residences (Estidama Pearl 2), Orla (LEED Gold), and the BREEAM- certified Elysian Mansions project. Innovo, a global leader in construction and innovation within the built environment, specialises in the design, engineering, construction, development, and infrastructure financing of significant real estate projects across four continents. With over 35 years of leadership in the Middle Eastern built environment, Innovo stands out for its commitment to purpose-driven operations. The company leverages cutting- edge, transformative technology, emphasises sustainability throughout the value chain, and integrates diverse expertise from its vast workforce to forge robust and trusted industry relationships. Headquartered in London, Innovo has a global presence with offices in Dubai, Abu Dhabi, Toronto, Cairo, Dakar, Luanda, and Riyadh. Under Sameh’s leadership, ASGC and Innovo have delivered numerous complex, high-profile projects to the highest standards. Some of the key projects completed under his guidance include: Projects by ASGC: Mohammed Bin Rashid Library: ASGC managed the civil, MEP, and infrastructure works for this iconic #6 38 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024
CONTRACTORS 54,000 sqm library, which is shaped like an open book and includes a 500- seat theatre. Etihad Museum: ASGC developed the 25,000 sqm Etihad Museum, located at the historic site where the UAE was founded in 1971. Dubai International Airport Expansion: Sameh led ASGC’s efforts to expand Dubai Airport. Jumeirah Beach Residence: ASGC completed over 1,000 residential units across four high-rise towers within 36 months. City Walk: ASGC constructed 34 residential blocks in Dubai’s vibrant lifestyle hub, City Walk. Expo 2020 Dubai: ASGC delivered over 30 projects, including the LEED platinum-certified Sustainability Pavilion and the Opportunity Pavilion. Coca-Cola Arena: ASGC designed, built, and executed the civil, MEP, and infrastructure works for this 500,000 sq ft indoor venue, which can accommodate 17,000 people. MC2 Masdar City: ASGC constructed a globally renowned sustainable office complex on three plots, including seven office buildings and a parking facility. Projects by Innovo Group: Sameh’s achievements at ASGC set the stage for his rise to CEO of Innovo Build, where he continues to champion innovation and excellence in the construction sector. At Innovo Build, Sameh has drawn upon his vast experience and deep expertise to lead the company in delivering pioneering projects that push the limits of design and sustainability. Some of Innovo’s most notable construction projects include: Six Senses: The Palm Innovo is the main contractor for the Six Senses hotel and branded residences project, which aims to achieve LEED Silver certification. Saadiyat Lagoons Innovo will deliver the construction and infrastructure works of the Saadiyat Lagoons Package 3 master community, which comprises 975 sustainably designed villas spread over 615,000 m². The project will hold the prestigious Estidama Pearl 1 Rating. Louvre Residences Innovo is the general contractor for the Louvre Residences project, a premier residential destination with 421 units, retail spaces, and community facilities. This project will have an Estidama Pearl 2 rating and LEED Silver Certification. St. Regis Residences Located in the Opera District, Downtown Dubai, the project comprises two sleek, modern, art-deco-inspired towers with a connecting platform, rising to 262m and 171m, respectively. Other Innovo Build projects include Orla, Dorchester Collection, Beach Mansion, Bulgari Ocean Mansions, Elysian Mansions, Ava at Palm Jumeirah, Egypt Post Office, New Administrative Capital in Egypt, Tilal Al Ghaf, and many others. Sameh will continue to play a central role at Innovo, driving the Group’s sustainability initiatives and innovation forward. His dedication to sustainable construction is unwavering, as reflected in his efforts to integrate practices that minimise environmental impact. These include Innovo’s waste reduction and recycling targets, which Sameh has been a leader in achieving. His commitment to sustainability is a business strategy and a personal mission that inspires everyone at Innovo. Under Sameh’s guidance, Innovo has emerged as a leader in sustainable construction, leveraging cutting- edge technologies to boost project efficiency and environmental responsibility. One notable innovation is the Lifecycle Digital Twin, a digital model of physical assets that improves project delivery by enhancing safety, efficiency, and effectiveness. This technology was notably used during the construction of the Louvre Residences in Abu Dhabi, allowing the team to monitor progress in real-time and address potential issues proactively. Sameh’s strategic leadership has also been vital to Innovo securing 52 projects across the UAE and Egypt. His vision includes expanding Innovo’s market presence in the UAE through strategic joint ventures and diversification, mainly focusing on strengthening the company’s footprint in Abu Dhabi. With Sameh at the helm, Innovo is well-positioned for continued growth and success. Sameh’s long-term vision for Innovo Build is ambitious and forward- thinking. He aims to fully digitise the construction process, positioning Innovo as a technology-driven leader in the industry. Additionally, he plans to rigorously assess every operational aspect to incorporate sustainable practices to significantly lower the company’s carbon footprint. This vision of a technologically advanced and eco-friendly future is the driving force behind Innovo’s progress. Six Senses The Palm is a stunning luxury development on Dubai_s iconic Palm Jumeirah, one of the city_s most sought- after locations CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 39
100power Hour‘24 CBNME S ultan Sobhi Batterjee stands as a beacon of visionary leadership in the Middle East, driving IHCC and its subsidiaries and Greener by IHCC to the forefront of the construction and development sectors. As the Chairman & CEO, his relentless pursuit of innovation and excellence has transformed IHCC into a powerhouse, consistently ranked among the top five construction companies in the MENA region. Under Sultan’s strategic leadership, IHCC has embarked on a journey of growth and transformation, delivering iconic projects that redefine the region’s infrastructure. The Alexandria Medical City in North Africa, the largest private medical facility, stands as a testament to IHCC’s capability to execute large-scale, complex projects delivered last year. Similarly, the Dubai Medical City in the GCC showcases the company’s strength in the healthcare sector, setting new benchmarks for medical infrastructure in the region. The successful delivery of the state-of-the-art Center of Excellence in Dubai, inaugurated by the Crown Prince, further cements IHCC’s role as a leader in integrated construction solutions, providing sophisticated, high-tech facilities that cater to modern needs. SULTAN SOBHI BATTERJEE CHAIRMAN AND CEO / IHCC #7
CONTRACTORS Sultan’s vision extends beyond just constructing buildings; he is focused on shaping the region’s future through strategic and impactful projects. IHCC is executing high-value developments, such as luxury resorts for the Public Investment Fund in the Red Sea, a five-star wellness and hospitality resort in Taif City, and advanced universities in Qasim, Dammam and Abha. Each project reflects IHCC’s commitment to delivering world-class facilities that blend innovation, luxury, and sustainability. The company’s entry into the hospitality sector, marked by constructing a bespoke five-star hotel in Jeddah operated by Marriott Autograph, is set to create an iconic landmark in the region, further enhancing IHCC’s reputation for excellence. Under Sultan’s stewardship, IHCC has strategically expanded its operations beyond Saudi Arabia, establishing a strong presence in the UAE, Egypt, Morocco, and other parts of the MENA region. His strategic approach has led to the creation of specialized business units focusing on areas such as MEP, fit-out, façade solutions, energy efficiency, and sustainability, enabling IHCC to offer a wide range of integrated services. This diversification not only strengthens IHCC’s market position but also underscores its ability to deliver customized solutions that meet the diverse needs of its clients. Sustainability is at the core of Sultan’s leadership philosophy. As a pioneer in green building practices, IHCC has been instrumental in promoting energy efficiency and sustainable development across the region. The company’s unwavering commitment to sustainability is evident in its projects and through its initiatives, such as the Batterjee Foundation, which focuses on healthcare, education, and community development. Sultan’s leadership in sustainability has ensured that IHCC remains at the forefront of delivering environmentally responsible and socially impactful projects. Aligned with Saudi Arabia’s Vision 2030, Sultan is driving IHCC towards a future where digitization and sustainability are integral to the company’s operations. By adopting advanced technologies, particularly such as Building Information Modeling (BIM), IHCC is setting new standards for high-performance building solutions. Sultan’s commitment to innovation and sustainability is not just reshaping IHCC’s future but also significantly transforming the entire region’s landscape. Sultan Sobhi Batterjee’s leadership combines visionary thinking, strategic execution, and a profound commitment to social and environmental responsibility. Under his guidance, IHCC is not only building structures but also crafting a legacy that will shape the future of the Middle East for generations to come. His ability to foresee industry trends and adapt to changing market dynamics has positioned IHCC as a leader in the construction industry, while his focus on sustainability ensures that the company’s growth is both responsible and impactful. Sultan Batterjee is, without a doubt, a transformative leader whose influence will be felt across the region for years. IHCC completed the Saudi German Hospital project on a turnkey basis, handling everything from architectural and engineering design to construction and the installation of medical equipment The 38,281 square meter Saudi German Hospital, with 315 beds, offers top-tier medical services. Phase one, completed in 2011, included the main hospital and staff housing. Phase two will add six Centers of Excellent WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 41
100power Hour‘24 CBNME 100power Hour‘24 CBNME HASSAN ALLAM EXECUTIVE BOARD MEMBER AND CEO / HASSAN ALLAM HOLDING U nder the leadership of Hassan Allam, Executive Board Member and CEO of Hassan Allam Holding, the company has experienced remarkable financial growth. Since 2009, the project backlog has surged from USD 0.5 billion to over USD 5.5 billion in 2024. This growth trajectory, coupled with the company’s expansion into 10 countries, including Egypt, Saudi Arabia, the UAE, Oman, Libya, Jordan, and Algeria, reflects a robust financial stability and a promising growth potential. Hassan Allam’s journey with the company started in 2002 when he took on key roles such as Operations Director and Managing Director of the construction division before ascending to CEO. His deep understanding of the sector was honed through his education in Civil Engineering from the American University in Cairo, and his extensive industry experience has been crucial in driving the organization’s success and adapting to market dynamics. Beyond his executive role, Hassan Allam is deeply involved in the wider industry, fostering collaborations with leading global firms that advance the construction, engineering, investment, and development sectors. His commitment continues to shape the company’s future, propelling it to new heights. Founded in 1936, Hassan Allam Holding has grown into a global engineering and investment giant, includes civil, architectural, electrical, and mechanical work for the Ministry of Culture, the Supreme Council of Antiquities, and the Salvage Fund of Nubian Monuments. boasting 18 subsidiaries and a workforce of 50,000. The company is renowned for its large- scale projects across Egypt and the MENA region. Among its standout achievements is the National Museum of Egyptian Civilization, a major cultural landmark that spans 100,000 m² and plays a crucial role in a significant cultural tourism initiative. This comprehensive turnkey project Hassan Allam Holding is undertaking the Port of NEOM project in Saudi Arabia, a strategic venture in partnership with El Seif Engineering Contracting and China Harbour #8 Hassan Allam Construction is responsible for the civil construction of the Marina Hotel in Amaala Triple Bay, covering 61,128 m², including all secondary infrastructure and inground services 42 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
CONTRACTORS the group’s sustainable development efforts, ensuring a responsible approach to business. A recent sustainability milestone for Hassan Allam Holding includes powering its Support Division on the 10th of Ramadan City, Egypt, with solar energy starting August 1st. This initiative is part of a broader plan to cut 150 tons of CO2 emissions per building each year and marks the beginning of its green building transformation, reinforcing its commitment to minimizing environmental impact. Known for its exceptional quality, reliability, and innovation, Hassan Allam Holding is not just a regional player but a global force. The company has recently expanded its international footprint by establishing a regional headquarters in Riyadh, further solidifying its commitment to growth across the Middle East and Africa. Since entering the Saudi market in 1979, Hassan Allam Holding has launched several new entities, including Hassan Allam Roads and Bridges Company, CORE Engineering Specialized Works, and Hassan Allam Utilities. The company has also made strategic acquisitions, such as Intech and Ridgewood Egypt, and in 2023, it formed a joint venture with Agility to create YANMU, a company focused on developing modern logistics parks and Grade A warehousing facilities in Egypt. This international expansion plan presents a compelling opportunity for potential partners and investors interested in global growth opportunities. Other subsidiaries within the Engineering & Construction sector include Hassan Allam Construction, Kortech, Saudi Tunneling Company for Contracting (STCC), 3S Ready Mix Concrete, Jinet, Eden Facility Management, PGESCO, Bioworks AG, and Hassan Allam Trading & Engineering. Under Hassan Allam’s leadership, the company continues to set new industry benchmarks, driving innovation and growth while maintaining a steadfast commitment to quality and sustainability. Engineering Arabia. This ambitious project includes an EPC contract for developing Container Terminal 1 and the Marine Services Area, with the new terminal set to open in 2025. In Egypt, the company is behind the New Alamein Towers, an ambitious project featuring four 32-floor towers with innovative designs, scheduled for completion within five years of its 2021 launch. Hassan Allam Holding is also at the forefront of infrastructure development, working on projects like the UAE- Oman Railway Link and Hafeet Rail in collaboration with Siemens Mobility. This project represents the first railway network in the Middle East, connecting Abu Dhabi to Sohar in Oman over 303 kilometres. The company’s commitment to sustainability is unwavering, as evidenced by its comprehensive Sustainability Strategy for 2022-2030. This strategy, which is built on four key pillars: Steering the Future, Rewiring the Economy, Empowering Humanity, and Preserving our Planet, is aligned with global initiatives such as the UN’s Sustainable Development Goals, the Global Compact, the Task Force on Climate-related Financial Disclosures, Egypt Vision 2030, and the National Climate Change Strategy 2050. It guides The project involves a full range of construction activities for the Iconic New Alamein Towers, including piling, dewatering, earthworks, concrete, finishes, MEP, infrastructure, and landscaping Hassan Allam Holding announces that its subsidiary, Hassan Allam Construction Saudi, has secured a major EPC contract for the Port of NEOM in partnership with El Seif and China Harbour Engineering. WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 43
100power Hour‘24 CBNME OSAMA BISHAI FAHIED AL AYUNI CEO / ORASCOM CONSTRUCTION CHAIRMAN / AL-AYUNI INVESTMENT AND CONTRACTING COMPANY U nder the transformative leadership of Osama Bishai, who has been with Orascom Construction PLC since 1985, the company has evolved into a global leader in engineering and construction. His vision has steered the company towards a focus on infrastructure, industrial, and high- end projects in the Middle East, Africa, and the US. Orascom also invests in concessions and owns 50% of BESIX Group. Orascom has undertaken monumental projects that have significantly impacted the regions they serve, such as Egypt’s Bahr El Baqr and Abu Rawash water treatment plants and Saudi Arabia’s Dammam West ISTP. The company is pioneering the way in renewable energy with a 500MW wind farm and Africa’s first integrated hydrogen plant. Other key projects include the Grand Egyptian Museum, Egypt’s high-speed rail system, and the Magdi Yacoub Global Heart Centre. U nder the dynamic leadership of Chairman Fahied Al Ayuni, Al-Ayuni Investments and Contracting Company (AICC) stands as a beacon of excellence in Saudi Arabia’s construction sector. Since 1960, AICC has been at the forefront of civil engineering, road construction, real estate development, and manufacturing. The company is renowned for its contributions to the Kingdom’s Vision 2030, transforming the urban landscape with projects that meet the highest standards of quality, safety, and sustainability. Al-Ayuni’s recent achievements include the Al Fulwa Project for ROSHN, significant infrastructure work in Diriyah, and the innovative NEOM Vault and Time Travel Tunnel. With a strong, innovative workforce, AICC continues to shape the future of Saudi Arabia, solidifying its reputation as a leader in the Middle Eastern construction and infrastructure industry. #9 #10 WWW.CBNME.COM
O c t o b e r 2 1 s t | 2 0 2 4 VOCO | RIYADH Gold Partners SAUDI 2 0 2 4 C o n s t r u c t i o n I n n o v a t i o n S U M M I T FACEBOOK.COM/CBNME @CBNME CONSTRUCTION BUSINESS NEWS ME WWW.CBNME.COM
STEPHEN FLINT MANAGING DIRECTOR / KHANSAHEB CIVIL ENGINEERING LLC S tephen Flint, the dynamic Managing Director of Khansaheb Civil Engineering LLC, has led the company since 2010, guiding a team of world-class construction professionals. With an impressive background that includes a degree in Engineering, a master’s degree in Construction Management, and a fellowship in the Chartered Institute of Building, Steve’s career spans over five decades. His extensive experience, innovative leadership, and strategic foresight have cemented his reputation as a transformative figure in the construction industry. His extensive experience includes over 25 years in the UK construction market and an equal period in the international market, covering Africa and the Middle East. This blend of experience has enabled him to provide exceptional leadership within Khansaheb, fostering growth and ensuring the company’s future readiness with full support from the Khansaheb family. Under Stephen’s leadership, Khansaheb Civil Engineering LLC, a subsidiary of the Khansaheb Group, has thrived in the UAE’s construction market. Established in 1935, the company is renowned for its high-quality quality and professional service, with over 80% of its work coming from repeat business. Stephen’s notable achievements include fostering an ‘Accident-Free’ culture and developing a sustainable business model emphasising customer-focused service. He has built a world-class management team, cultivated supplier loyalty by treating them fairly, and created a supportive environment for long-term career development. His digital transformation and sustainability initiatives, including the use of eco- friendly materials and energy-efficient construction practices, have significantly improved business performance and set new industry standards. 100power Hour‘24 CBNME #11 Khansaheb Secures Refurbishment Contract for Bab Al Shams Desert Resort and Spa
Khansaheb is distinguished by its unwavering commitment to Health & Safety and Quality, placing these aspects above profit. The company upholds industry-leading health and safety standards and rigorous quality performance measures through skilled workforce supervision and dedicated management. Their business principles are rooted in fairness, ensuring that all dealings with customers, consultants, subcontractors, and suppliers are conducted professionally and ethically. Khansaheb has fully embraced digital transformation over the past decade, future-proofing its business systems and enhancing customer service delivery. This technological advancement ensures that Khansaheb remains at the forefront of the industry, offering professional services and technical expertise that meet modern standards. Khansaheb has an impressive portfolio of iconic projects that have significantly influenced the UAE’s development. Past projects include Mall of the Emirates, WAFI Mall, Raffles Hotel, Bab Al Shams Desert Resort, The Beach Development at JBR, Jumeirah Beach Hotel Refit, and Serenia Residences at Palm Jumeirah. Currently, Khansaheb is involved in several high-profile projects, such as One Za’abeel – The Link, Serenia Living, The Lana, Dorchester Collection – Hotel and Residences, Bab Al Shams Desert Resort Refit, Jumeirah Emirates Towers Boulevard, and Expo City Thematic Districts Infill. Under Stephen Flint’s dynamic leadership, Khansaheb Civil Engineering continues to set benchmarks in the construction industry. The company’s dedication to quality, safety, and technological innovation, combined with its rich heritage and strategic vision, ensures that Khansaheb will remain a key player in the UAE’s construction sector for years. CONTRACTORS QABU by Paco Morales, a stylish restaurant inspired by Andalusian design, situated at The Link.’ Here, is the interiors of QABU by Paco Morales is a chic, Andalusian-inspired restaurant located at The Link SPHERE AT THE LINK is a glamorous nightlife and entertainment venue is a dazzling destination bar, attracting A-listers and trendsetters alike WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 47
100power Hour‘24 CBNME DR. BISHOY EDWARD COO / DHABI CONTRACTING LLC B ishoy Edward’s journey in the construction industry is a testament to perseverance and dedication. Despite not having a traditional engineering background, he has significantly impacted the field. Driven by his commitment to continuous learning, Bishoy holds an Executive MBA, a Diploma in Project Management, and a Master of Science in Engineering Management from Middlesex University London. He is balancing his demanding career with academic pursuits, working towards a PhD in engineering. As the driving force behind Dhabi Contracting LLC, Bishoy’s hands-on leadership has propelled the company to significant growth. Established with a skilled team of engineers, Dhabi Contracting now employs around 8,000 staff. The company’s success is rooted in cutting-edge technologies and a steadfast commitment to quality, spanning various industrial, commercial, residential, and infrastructure sectors. Under Bishoy’s leadership, Dhabi Contracting has solidified its reputation as a trusted partner in the construction industry, offering comprehensive services from conceptualization to operation and maintenance. Bishoy’s leadership style is characterized by his hands-on involvement and relentless pursuit of excellence. He spends weekends at the office, taking advantage of the quiet to handle administrative tasks and sign necessary documents. His weekdays are typically spent on various construction sites, overseeing nearly a dozen projects throughout the UAE. Known for his casual work attire—jeans, a T-shirt, and sturdy Timberland boots—Bishoy believes that the heart of the projects lies in the field with the workers. His belief in the importance of fieldwork keeps everyone on their toes, ensuring that each project meets the highest standards. Bishoy is deeply involved in the recruitment process at Dhabi Contracting, focusing on building a solid team. He oversees hiring for all key positions, including supervisors, engineers, and project managers. Candidates undergo a multi-tiered selection process, including an IQ assessment and technical proficiency demonstration. Bishoy’s final approval ensures they have the potential to grow and succeed, mirroring his own journey. Under Bishoy’s guidance, Dhabi Contracting has become a prominent player in the UAE’s construction industry. The company is known for its innovative approach and extensive expertise in various sectors. Bishoy’s unconventional journey and hands- on leadership style inspire others to pursue diverse paths and excel in their chosen fields. His story exemplifies that success in the construction industry isn’t limited to engineers alone but is open to those with determination and a commitment to excellence. #12 48 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
CONTRACTORS E l Seif Engineering Contracting Company, established in 1951, is a premier Saudi Arabian construction firm known for its top-tier engineering and construction services. Under Ahmad Al Bassam’s visionary leadership, the company has achieved significant milestones, focusing on sustainability and advanced technology. Currently, El Seif is involved in important projects like the King Abdullah Financial District (KAFD) and the Riyadh Metro Project. Their expertise spans residential, commercial, healthcare, and infrastructure sectors, making them a cornerstone of Saudi Arabia’s construction industry. S N Subrahmanyan (SNS), Chairman & Managing Director of Larsen & Toubro, has driven the company to unprecedented growth. He also holds key positions at LTIMindtree, L&T Technology Services, L&T Metro Rail (Hyderabad), and L&T Finance Holdings. Under his forward-thinking leadership, L&T has undertaken iconic projects like India’s first Bullet Train and strategically expanded into the Middle East, Africa, and ASEAN. In the past year, L&T secured significant contracts, including a mixed-use project in Oman, renewable energy systems in Saudi Arabia’s Amaala, and an onshore project valued at over $1.8 billion. SNS continues to lead L&T to new heights with innovation and excellence, instilling optimism and confidence in the company’s future. F ahad Almesfir leads Saudi Real Estate Infrastructure Company (BINYAH), elevating it as a premier national firm known for its comprehensive infrastructure expertise. Under his dynamic leadership, BINYAH excels in projects such as roadworks, bridges, tunnels, airport runways, and essential water, sanitation, and energy networks. Committed to innovation and sustainability, BINYAH transforms Saudi Arabia’s urban landscape. Specializing in large-scale residential, commercial, and industrial developments, their excellence shines in high-profile ventures like the NEOM Bay project. Their work aligns with Saudi Vision 2030, positioning BINYAH at the forefront of progress. With a focus on cutting-edge technology and sustainable practices, BINYAH meets today’s infrastructure demands while setting the stage for the future. From communication networks and public parks to irrigation systems and dams, BINYAH’s projects showcase their commitment to excellence and innovation. AHMED AL BASSAM S N SUBRAHMANYAN FAHAD ALMESFIR CEO / EL SEIF ENGINEERING CONTRACTING COMPANY CHAIRMAN & MANAGING DIRECTOR / L&T CEO / BINYAH #13 #14 #15 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 49
100power Hour‘24 CBNME ENG. AHMED EL ASSAR CHAIRMAN & CEO / THE ARAB CONTRACTORS T he Arab Contractors, one of the leading construction companies in the Middle East and Africa, has built a formidable reputation for delivering complex and large-scale projects since its inception. With over 20 years of experience in the industry, Eng Ahmed El Assar, Chairman & CEO of The Arab Contractors, has held numerous critical roles within the company since joining in 2006. Ahmed has significantly contributed to the company’s growth and success throughout his tenure. His leadership has executed several mega projects, notably the Rufiji Dam in Tanzania and the Rod El Farag Axis project in Egypt. Under Ahmed’s visionary leadership, The Arab Contractors has distinguished itself with a diverse portfolio that spans infrastructure, housing, roads, bridges, tunnels, airports, and water treatment plants. The company’s commitment to sustainability and social responsibility is also a key differentiator, as it actively engages in community development initiatives and enhances the quality of life for the communities it serves. This unique approach is evident in significant ventures such as the restoration of the Mansoura National Theatre in Egypt, the construction of a pharmaceutical factory in Madinah, Saudi Arabia, and the High-Speed Rail project in Egypt. Renowned for its innovation and technical expertise, The Arab Contractors plays a pivotal role in shaping the infrastructure landscape of Egypt and beyond. Their dedication to sustainability and social responsibility is also noteworthy, as they actively engage in community development initiatives, significantly enhancing the quality of life for the communities they serve. With over 80,000 employees and a presence in more than 29 countries, The Arab Contractors continues to drive forward the vision of modern and sustainable development across the region, positioning itself as a beacon of progress and excellence in the construction industry. #16 50 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
RAMI AL QAISI CEO / RAQ U nder the inspired leadership of Rami Al Qaisi, RAQ has soared to new heights in the construction industry. With over two decades of experience, Rami has expertly steered the company’s strategic direction, emphasizing innovative design and build solutions, sustainable practices, and exceptional customer service. His profound knowledge and unique approach have firmly established RAQ as a key player in the UAE’s construction sector, fostering strategic alliances and successfully executing high-profile projects. In the past year, RAQ’s ability to forge robust partnerships has been a cornerstone of its success. In 2023, RAQ partnered with Ocean Fair International Group to construct its largest cold storage facility at the National Industries Park in Dubai, showcasing its commitment to enhancing the UAE’s infrastructure. Working with Aldar, RAQ is developing a Built to Suit facility in Dubai South with Kuehne and Nagel. The company is joining forces with Neweast, the Middle East’s most significant car parts distributor, to build its global distribution hub and headquarters in Jebel Ali. Expanding into the aerospace sector, RAQ is constructing three new hangars at DWC Airport with Tim Aerospace, including a massive MRO for Boeing 777s and a paint hangar for Satys in Dubai South. RAQ’s impressive portfolio includes the delivery of Amazon’s first super logistics facility in Abu Dhabi and the new FedEx Cargo hub at Dubai World Central Airport. The company is also collaborating with Landmark Group to develop a new cold storage distribution centre for Viva and an innovative headquarters in partnership with DP World in Jebel Ali. At KEZAD Group, Abu Dhabi Ports, RAQ is constructing the new Metal Park, a major manufacturing hub, and is nearing the completion of significant projects for Abu Dhabi Ports Group. These achievements underscore RAQ’s commitment to excellence and capacity to deliver ambitious projects across various sectors. RAQ maintains a robust project pipeline, ensuring continuous growth and operational stability. With a strategic focus on speciality contracting and strong design-and-build capabilities, RAQ is well-equipped to meet evolving market demands and drive future growth with a blend of optimism and meticulous planning. CONTRACTORS #17 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 51
100power Hour‘24 CBNME J oseph K. Daher, a distinguished figure in the construction and infrastructure industry, has a career spanning over four decades. As the CEO of Almabani General Contractors since January 2014, J. Daher has demonstrated unwavering dedication and exceptional leadership. With 44 years of hands-on experience in construction and management, he has B ESIX Group, headquartered in Belgium and established in 1909, is a leading global multi-service company specializing in construction, real estate development, and concessions. Under the leadership of Executive Chairman Jean-Pol Bouharmont, BESIX has completed significant projects like the Burj Khalifa in Dubai and the Grand Egyptian Museum in Cairo. Currently, BESIX is engaged in notable Middle Eastern ventures, including the Dubai Waste- to-Energy plant and the Port of NEOM in Saudi Arabia.Jean’s strategic vision and commitment to innovation and sustainability have driven BESIX’s growth and success in the industry. cultivated a diverse portfolio, including infrastructure projects, airports, military facilities, and public and commercial buildings. Almabani’s impressive projects include the King Abdulaziz International Airport in Jeddah, the Riyadh Metro, and numerous highways and bridges that boost connectivity and support economic growth in the region. JOSEPH K. DAHER JEAN-POL BOUHARMONT CEO / ALMABANI GENERAL CONTRACTORS EXECUTIVE CHAIRMAN / BESIX GROUP Firas Abdulaziz Alhajaj, the innovative CEO of Abdulaziz Alhajaj Contracting, has been pivotal in modernizing the company since 1978. His leadership integrates cutting-edge technologies and strict environmental standards, positioning the company as a leader in Saudi Arabia’s construction sector. Under his direction, significant projects include the Royal Guard Project with 12 residential buildings and two warehouses, the MOI KAP1 Project with 14 administrative buildings, four fire stations, and a detention centre, and the Jeddah Car Parking Project, featuring a four-floor car park for 1,048 vehicles and two helipads. The ongoing NAZAHA Admin Building Project will add a new administrative building and detention centre to NAZAHA’s facilities. These projects highlight the company’s dedication to delivering high-quality infrastructure and exceeding client expectations across various sectors. FIRAS ABDULAZIZ ALHAJAJ CEO / ABDULAZIZ ALHAJAJ CONTRACTING WWW.CBNME.COM #18 #19 #20
DEVELOPERS DEVELOPERS
100power Hour‘24 CBNME J ohn Pagano, Group Chief Executive Officer of Red Sea Global (RSG), has been the driving force behind a transformative journey that has positioned the company as a sustainable and innovative tourism development leader. His vision, deeply rooted in his decades of experience in real estate and tourism, perfectly aligns John with Saudi Arabia’s Vision 2030, aiming to elevate the Kingdom as a global hub for sustainable luxury tourism. Since taking the helm at RSG, John has overseen some of the world’s most ambitious and groundbreaking projects, most notably The Red Sea and AMAALA. These initiatives are not just tourism ventures; they redefine luxury and sustainability in the industry. The Red Sea Project, covering an area of 28,000 square kilometres, is set to become the world’s most ambitious regenerative tourism project, offering an unparalleled blend of nature, luxury, and sustainability. Under John’s leadership, RSG has committed to delivering the world’s first tourism destination powered JOHN PAGANO GROUP CEO / RED SEA GLOBAL #1
DEVELOPERS solely by renewable energy, with no connection to the national grid. The installation of 760,000 photovoltaic panels at The Red Sea’s solar farms is a testament to this commitment. Moreover, John’s leadership has led to significant technological advancements at RSG. The development of the world’s first zero-carbon 5G network at Six Senses Southern Dunes highlights RSG’s dedication to integrating cutting-edge technology with sustainable practices. This initiative enhances the guest experience and sets a new benchmark for sustainability in the global tourism industry. John’s influence extends beyond environmental sustainability. He has been instrumental in fostering local community engagement and promoting accessibility. RSG’s adherence to the UN- backed ISO 21902 standard for Accessible Tourism for All reflects the company’s commitment to creating inclusive environments that cater to diverse guest needs. Additionally, the launch of The Red Sea Farm Cooperative showcases John’s dedication to sustainable agriculture, providing fresh, locally sourced produce to RSG’s resorts while supporting the local economy in the Tabuk region. RSG’s ongoing projects under John’s leadership are nothing short of transformative. The Red Sea’s Phase One is expected to be completed by 2025, featuring 16 luxury resorts, an international airport, and a range of leisure facilities. This phase will set the stage for the development, including 50 resorts, 8,000 hotel rooms, and over 1,000 residential properties across 22 islands and six inland sites. AMAALA, another flagship project, is envisioned as an ultra-luxury wellness destination with a focus on wellness, art, and culture. John’s vision for AMAALA is to create a destination that provides world-class luxury and promotes its visitors’ physical and mental well-being. John’s leadership at RSG is characterized by a forward- thinking approach that balances luxury, sustainability, and technological innovation. His strategic decisions have positioned RSG as a critical player in the global tourism industry, with projects set to have a lasting impact on the region and the world. The company’s achievements under his leadership are a testament to his ability to turn ambitious visions into reality, ensuring that RSG continues to push the boundaries of what is possible in sustainable tourism. As RSG looks to the future, John’s influence will continue to shape the company’s direction. His commitment to sustainability, innovation, and community engagement is not only transforming the tourism landscape in Saudi Arabia but also setting new standards for the global industry. With Phase One of The Red Sea and AMAALA on track to be opened by 2025, John’s legacy at RSG is already a remarkable achievement and forward-thinking leadership. His work is a clear example of how visionary leadership can drive significant change, creating destinations that are not only luxurious and beautiful but also sustainable and inclusive, ensuring a positive impact on the environment and the communities they touch. Spanning over 1 million square meters, Red Sea Global’s Landscape Nursery is the region’s largest, embodying their commitment to enriching the natural environment and pioneering sustainable development All rooms at Six Senses Southern Dunes, The Red Sea, boast sweeping views of Saudi Arabia’s wadi and desert dunes WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 55
100power Hour‘24 CBNME N adhmi Al-Nasr is at the helm of the world’s largest and most ambitious development project, NEOM. His appointment to lead this monumental gigaproject, which is being built across a 26,500 square kilometer footprint in the northwest corner of Saudi Arabia, is the culmination of a long and illustrious international career, spanning more than four decades. Having started his professional journey as an engineer at Aramco in the late 1970s, during the Kingdom’s significant oil and gas expansion period, Nadhmi rapidly rose to the position of Vice President. While at the national petroleum company, sheer tenacity and strong leadership skills saw Nadhmi selected to spearhead the development of the Ghawar field, the largest oil field in Saudi Arabia. He also oversaw the construction of the world’s largest oil project in Shaybah, within the Rub’ al Khali desert. In 2006, Nadhmi led the establishment of the King Abdullah University of Science and Technology (KAUST), which has become one of the region’s most reputable research institutions. Since joining NEOM as CEO in July 2018, Nadhmi has successfully steered the project from its strategic planning and design phases to execution. A vital component of the Saudi Vision 2030 program, NEOM is more than a construction project. Nadhmi has a vast portfolio of responsibilities, overseeing the establishment and successful launch of 15 sectors, five regions, and three subsidiary companies—with more to come—each of which is playing an important role in supporting the diversification of the Kingdom’s economy. Over the past six years, Nadhmi’s dynamic leadership style, agility and strategic thinking have been instrumental in attracting world-class talents, leaders and partners to NEOM. Importantly, Nadhmi has assembled a strong senior leadership team from prestigious companies, corporations and government entities around the Kingdom and beyond to help bring the NEOM vision to life. Also known as the ‘land of the future,’ NEOM is rapidly taking shape under Nadhmi’s experienced, watchful eye. On the ground today, NEOM is a hive of activity, with around 5,000 full-time employees and 140,000 construction workers onsite. Work is underway on all five of NEOM’s regions – THE LINE, Trojena, Oxagon, Sindalah and Magna. Sindalah, one of the islands of NEOM and its first tourism destination, is set to open for visitors later this year, marking a significant milestone in the project’s journey. NADHMI AL-NASR #2 CEO / NEOM 56 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
DEVELOPERS O ussama Kabbani, Group Chief Development Officer (GCDO) at ROSHN Group, is not just a prominent figure in real estate development, but a seasoned professional with over 32 years of expertise. His career, which spans influential roles in cities like Boston, Beirut, and Dubai, is a testament to his dedication and passion for his field. His journey began with a Bachelor’s in Architecture from Beirut Arab University, followed by a Master’s in Urban Design from Harvard University, where he also earned a certificate in Professional Real Estate Finance. This solid educational foundation, coupled with his extensive experience, forms the bedrock of his knowledge and expertise. Since joining ROSHN in 2022, Oussama has been instrumental in driving the company’s ambitious growth strategy. ROSHN, dedicated to enhancing homeownership and quality of life in line with Saudi Vision 2030, has made significant strides under his leadership. The flagship community SEDRA, launched in 2021, set a high benchmark by delivering its first phase two years ahead of schedule. Building on this success, ROSHN has introduced additional projects like WAREFA in Riyadh, offering 2,300 new homes, and ALMANAR in Makkah, providing over 33,000 homes in an expansive 21 million sqm area. ROSHN’s recent ventures are not just projects, they are landmarks. ALDANAH in the Eastern Province, strategically located at the crossroads of Dhahran, Dammam, and Khobar, and MARAFY in Jeddah, featuring a monumental 11km canal that aims to redefine the city’s northern zone. MARAFY’s adjacent community, ALAROUS, will include over 18,000 homes harmoniously integrated with the canal’s natural features. These ventures are not just changing the landscape, they are redefining it. Oussama’s leadership is committed to blending modernity with local culture. Each ROSHN project reflects a unique design language that merges sustainable materials with regional architectural heritage, creating vibrant communities that embrace Saudi Arabia’s past, present, and future. Under his guidance, ROSHN is reshaping Saudi Arabia’s urban landscape and setting new standards for quality and innovation in real estate development. OUSSAMA KABBANI #3 GROUP CHIEF DEVELOPMENT OFFICER / ROSHN GROUP WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 57
100power Hour‘24 CBNME AHMED AL SUWAIDI #4 MANAGING DIRECTOR OF RESIDENTIAL COMMUNITIES / DUBAI HOLDING ASSET MANAGEMENT A s a pivotal figure in Dubai’s housing landscape for over 17 years, Ahmed Al Suwaidi has significantly shaped the city’s residential sector. His unwavering dedication to customer satisfaction has led to the creation of enhanced living experiences for the Emirate’s diverse and rapidly expanding resident population, solidifying its reputation as a desirable place to live and work. Ahmed, at the helm of Dubai Asset Management, the residential leasing arm of Dubai Holding Asset Management (DHAM), oversees one of the city’s largest residential portfolios, comprising 25 strategically located residential communities with a total of 40,000 units, each designed to meet the diverse needs of its residents. Representing an expanded portfolio, Dubai Asset Management’s footprint extends across the city, serving over 100,000 residents. The Group’s assets include premium living at Bluewaters, City Walk; family communities at Nad Al Sheba Villas, Shorooq in Mirdif, Bayti Villas in Al Barsha, The Gardens in Jebel Ali and Discovery Gardens; affordable communities at Al Khail Gate and International City; and staff accommodation at Nuzul, Al Quoz Accommodation and Rahaba Residences. Amid Dubai’s dynamic residential property sector, characterised in recent years by surging investment inflows and record-breaking sales, Ahmed propelled the Group to another successful fiscal year. Dubai Asset Management’s robust leasing portfolio demonstrated exceptional occupancy rates, strong rental yields and high resident retention, reflecting a substantial appetite for quality housing in a globally competitive market. Strategic partnerships with public and private entities have significantly enriched the resident experience. A notable collaboration is with BEEAH Tandeef, the waste collection and city cleaning business of BEEAH Group. This partnership, announced in December 2023, is aimed at advancing sustainable waste management, supporting the circular economy, and enhancing the quality of life across Dubai Asset Management’s communities. It represents a significant sustainability milestone in line with the Dubai 2040 Urban Master Plan. As part of this agreement, BEEAH has organised community-level activities and workshops to promote sustainable living among residents of all ages. The Dubai Electricity & Water Authority (DEWA) installed EV chargers in Dubai Asset Management’s Ghoroob community in 2023 to facilitate 58 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
DEVELOPERS sustainable technology adoption in Dubai. Additional partnerships geared at resident satisfaction include preferential rates and packages with brands such as Careem, OSN, Cafu and the Tickit rewards app, as well as flexible rent payment plans for Emirates NBD customers. The partnerships have been pivotal in ensuring communities adapt to residents’ evolving needs, resulting in robust retention rates and customer satisfaction. At the core of Ahmed’s vision is positioning Dubai Asset Management as a leader in digital transformation in real estate. The DubaiAM Life app, a digital platform for residents launched in 2019, has been instrumental in promoting connected and enriched community living. It has simplified daily resident interactions and introduced innovative features such as flexible cheque-free digital rent payments and lease renewals. The app also allows residents to schedule home and community maintenance services, coordinate with community representatives and manage move-ins and move-outs efficiently. Future updates, including text-to-speech and high-contrast visual aids, will further enhance the app’s inclusivity and accessibility for older community members. Dubai Asset Management built an integrated dashboard to improve data-driven decision-making. By incorporating multiple portfolio-wide data sets, including third-party aggregated data, Dubai Asset Management has elevated community experiences and strategic diversification of its portfolio. The Group is now experimenting with artificial intelligence, leveraging the potential of predictive analysis to anticipate market trends, manage leads, dynamically adjust pricing strategies and enhance customer interactions. Technology is also employed to track and manage portfolio-wide water and electricity consumption and waste integration to drive efficiency, which aligns with the UAE’s sustainability agenda. As part of its partnership with BEEAH, Dubai Asset Management will introduce QR-based digital bins to incentivise plastic recycling and divert waste from landfills. Upcoming enhancements to digital platforms and experimentation with emerging technology will focus on improving residents’ living experiences and interactions, courts and children’s play areas in select communities and uplifting common green spaces, landscaped areas and courtyards. The project also further increased safety and security in neighbourhoods, including upgrading fire fighting installations, strategic CCTV and security coverage networks, and enhanced street lighting, strengthening Dubai’s status as one of the safest global cities to call home. In 2024, Ahmed aims to enhance Dubai Asset Management’s expanded portfolio by developing future- proof communities aligned with the ambitions of Dubai 2040. Economic diversification, mounting investor confidence, and enhanced visa categories will continue to drive population growth in Dubai, fuelling demand for quality housing across diverse price points and consumer preferences. To maintain its reputation as the builder of connected, enriched communities, Dubai Asset Management aims to invest in inclusive, sustainable urban development that contributes to resident happiness and reinforces Dubai as one of the world’s most liveable cities. investment outcomes and sustainable practices. Dubai Asset Management also rolled out a series of portfolio- wide community enhancement projects to provide sustainable urban development and enhance community standards in 2023. Alongside EV charging stations in partnership with DEWA, the Group invested in refurbishing sports Dubai Asset Management, the residential leasing portfolio of Dubai Holding Asset Management, offers premium living at Bluewaters, City Walk Dubai Asset Management, the residential leasing portfolio of Dubai Holding Asset Management, provides fully equipped family communities at Nad Al Sheba Villas, Shorooq in Mirdif, Bayti Villas in Al Barsha, Remraam WWW.CBNME.COM
100power Hour‘24 CBNME M ohamed Alabbar founded Emaar Properties in Dubai in June 1997. Under his leadership, Emaar has grown across MENA and Asia, with a 1.7 billion square foot land bank. Since 2002, Emaar has delivered over 102,000 residential units and manages 38 hotels and resorts. By September 2023, Emaar reported an impressive $5 billion in revenues and held assets worth $37.3 billion, with a market cap of $16.8 billion, a testament to its financial success. T alal Al Dhiyebi, Group CEO of Aldar Properties since January 2021, has played a crucial role in the company’s growth. Under his leadership, Aldar has solidified its position as a leading developer in Abu Dhabi, managing an extensive land bank and achieving impressive revenue growth in 2023, instilling confidence in their financial performance. Talal has spearheaded strategic expansions as chairman of Aldar Estates and Egypt’s SODIC and as a board member of several organizations, including the Abu Dhabi Chamber of Commerce and Industry. He has driven the launch of a Grade A logistics facility at Dubai South, introduced residential projects on Saadiyat Island and Yas Island, and unveiled ‘The Source’ at Saadiyat Cultural District. Talal’s leadership at Aldar has seen the company diversify its operations, managing hotels, overseeing developments, incubating new business opportunities, and developing mixed-use communities. Under his stewardship, Aldar has consistently delivered strong financial results and capitalized on growth opportunities. Emaar’s subsidiaries, including Emaar Entertainment, Emaar Malls Management, and Emaar Hospitality Group, have developed iconic projects like the Burj Khalifa, Dubai Mall, and The Dubai Fountain. Recently, Emaar unveiled The Oasis, a luxury community with 7,000 units, and finalized designs for Dubai Square, a massive shopping and entertainment complex at Dubai Creek Harbour. Other notable projects include the Dubai Opera, Emaar Beachfront, and the Address Hotels + Resorts. MOHAMED ALABBAR TALAL AL DHIYEBI FOUNDER AND MANAGING DIRECTOR / EMAAR PROPERTIES GROUP CEO / ALDAR PROPERTIES #5 #6 60 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
DEVELOPERS F ounded by the Dubai Real Estate Corporation in 2008, Wasl boasts a dynamic portfolio of over 55,000 residential and commercial properties, 32 hotels, 6,000 land plots, and various golf clubs and master developments. Under the visionary leadership of Hesham Al Qassim, Wasl has embarked on several ambitious projects that are strategically aligned with the UAE’s economic aspirations. Their recent ventures into sustainable real estate, partnerships with Food Tech Valley, and introduction of solar photovoltaic and energy retrofitting technologies highlight their commitment to a greener future. Notably, Wasl set a new record this year, selling all 600 units of Park Views Residences Tower A within just 36 hours of launch, demonstrating their market prowess and innovative approach. J erry Inzerillo, Group CEO of Diriyah Company, is a forward-thinking leader who has transformed Diriyah into a premier cultural and heritage destination. His leadership has been instrumental in the awe-inspiring $50 billion Diriyah Gate Development, a colossal project spanning 14 square kilometres that aims to attract over 27 million visitors annually by 2030. The development will feature 20 luxury hotels, 100 dining outlets, and numerous cultural institutions, all within the historic birthplace of the Saudi state. Jerry’s strategic approach focuses on developing and preserving Saudi Arabia’s rich cultural heritage, aligning with Vision 2030’s goals to diversify the economy and establish the Kingdom as a global tourism and cultural hub. HESHAM AL QASSIM JERRY INZERILLO CEO / WASL GROUP CEO / DIRIYAH COMPANY #7 #8 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 61
100power Hour‘24 CBNME HUSSAIN SAJWANI #9 FOUNDER AND CHAIRMAN / DAMAC PROPERTIES H ussain Sajwani’s journey from a young entrepreneur to a globally recognized real estate mogul is a testament to his visionary leadership, strategic foresight, and unrelenting drive. Born in Dubai in 1956, Hussain was exposed to business through his father’s modest shop. This early exposure ignited his entrepreneurial spirit, further nurtured during his time studying industrial engineering at the University of Washington. Hussain’s career began in the finance department of Abu Dhabi Gas Industries, where he quickly realized that his ambitions lay beyond the confines of a corporate job. In 1982, he ventured into the catering business, launching a company serving high- profile clients, including the U.S. military and major corporations across the Middle East and Africa. The success of this venture provided Hussain with the capital and confidence to explore new opportunities, and he soon set his sights on real estate—a decision that would prove transformative for both him and the region. In 2002, a pivotal moment in the region’s real estate history, Hussain founded DAMAC Properties. This decision, driven by his clear vision, marked a significant shift in his career and the industry. Under his leadership, DAMAC rapidly established itself as a leader in the luxury real estate market, known for its opulent residential, commercial, and leisure properties. Hussain’s vision was clear: to deliver world-class properties that combined luxury, innovation, and quality. His approach to real estate development has always been characterized by a keen understanding of market dynamics, a focus on customer needs, and a commitment to excellence. Over the past two decades, DAMAC has grown into a global real estate powerhouse, with a portfolio that includes over 75 towers and numerous luxury residences, hotels, and commercial spaces across key cities such as Dubai, London, and beyond. One of the company’s flagship projects, the
DEVELOPERS DAMAC Tower Nine Elms in London, stands as Europe’s first Versace-branded luxury residence, exemplifying the company’s commitment to offering unparalleled living experiences. Under Hussain’s leadership, 2023 marked a particularly successful period for DAMAC Properties. The company launched a series of high-profile projects, including DAMAC Bay 1 and 2, Canal Heights 1 and 2, Coral Reef, Volta, and DAMAC Casa. Additionally, DAMAC continued to expand its already impressive portfolio by developing multiple clusters within the DAMAC Lagoons community, the UAE’s first pre-certified LEED Platinum community. Each of these developments reflects Hussain’s forward-thinking approach, blending luxury with sustainability and catering to the evolving needs of global investors and residents. DAMAC’s influence is not limited to residential developments. The company has made significant strides in the hospitality sector, with the opening of the DAMAC Hills Mall and the Edge Rotana at DAMAC Hills 2, further solidifying its position as a leader in creating comprehensive lifestyle destinations. These projects are a testament to DAMAC’s ability to seamlessly integrate residential, commercial, and leisure elements, offering a holistic living experience. Hussain’s strategic vision extends beyond traditional real estate development. Recognizing the growing importance of technology and digital infrastructure, DAMAC has ventured into the data centre business with its EDGNEX Data Centres by DAMAC initiative. With substantial investments across the Middle East, particularly in Saudi Arabia, DAMAC aims to deliver a total capacity of 65MW by 2025. This move, driven by Hussain’s commitment to innovation and adaptability, positions DAMAC as a key player in the region’s digital transformation. Philanthropy and social responsibility have always been integral to Hussain’s leadership. The Hussain Sajwani – DAMAC Foundation (HSDF) reflects his deep commitment to education, community support, and social impact. In 2023, the foundation contributed AED 5 million ($1.36 million) to the ‘1 Billion Meals’ campaign and AED 20 million ($5.45 million) to the Dubai Schools Project. These contributions highlight Hussain’s belief in the power of giving back and his dedication to creating opportunities for future generations. DAMAC’s commitment to sustainability is equally strong. The company is affiliated with the Emirates Green Building Council and the UN Global Compact, reflecting its dedication to environmental stewardship. These affiliations, along with DAMAC’s participation in environmental exhibitions and its sustainability- focused projects, underscore the company’s efforts to reduce its carbon footprint and promote sustainable development. This commitment to sustainability is a key aspect of DAMAC’s corporate culture and a driving force behind its future projects. In conclusion, Hussain Sajwani’s leadership has transformed DAMAC Properties into a global real estate leader and set new standards for luxury, innovation, and sustainability in the industry. His ability to anticipate and adapt to market trends and a deep commitment to social responsibility have positioned DAMAC as a frontrunner in the global real estate market. As the company continues to expand its footprint and explore new opportunities, Hussain’s vision will undoubtedly continue to drive its success, shaping the future of real estate in the Middle East and globally. Experience the ultimate essence of island living with Mykonos at DAMAC Lagoons, luxury townhouses that draw inspiration from the Mediterranean Situated in Business Bay’s vibrant financial district, Altitude de GRISOGONO enjoys a prime location right on the edge of the Dubai Canal, offering an exceptional blend of luxury and convenience WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 63
100power Hour‘24 CBNME A bdullah Aldawood is the CEO and Managing Director of Qiddiya Investment Company (QIC), a rapidly growing organisation leading the trailblazing development of Qiddiya City, the new destination city founded on the ‘Power of Play’ philosophy and located next to Riyadh, Saudi Arabia. The QIC team currently comprises over 1,000 employees from more than 50 countries and hires hundreds of new executives every year to deliver on the project’s scale and ambition. Aldawood has a strong track record of driving the successful growth of companies in the Kingdom, having previously served as Managing Director of Seera Holding Group, which he transformed from a traditional travel agency into a pioneering business spanning travel, tourism, hospitality and technology. In parallel with his role at QIC, Aldawood chairs the Saudi Entertainment Ventures Company (SEVEN), which is building 20 entertainment complexes across Saudi Arabia. Qiddiya City, located at the heart of the majestic Tuwaiq Mountains, is not just a city, but a vision. It is a direct manifestation of Vision 2030 and Qiddiya’s unique ‘Power of Play’ philosophy. This philosophy, founded on the belief that embedding play into the fabric of a city can redefine how people live, is what sets Qiddiya City apart. It offers a positive and material impact on their well-being and happiness. Hundreds of the world’s most experienced and innovative companies are collaborating with QIC across dozens of industries to bring this vision to life, creating a city where residents and visitors can experience life as a fusion of work and play. Qiddiya City will host leading global events across sports, entertainment, and culture and boasts approximately 59,000 buildings, including residences and support services such as schools and hospitals. Following significant investments into its world-class infrastructure, residents and visitors will also have access to efficient, environmentally responsible, and affordable public transport worthy of a modern and sustainable city. Qiddiya City’s development journey reached several significant milestones in the last year. It made substantial progress towards the completion of several assets while breaking ground on a number of new construction projects. There are currently over 20,000 construction professionals on site, which is expected to increase to 100,000 at its peak in 2032. Qiddiya City is not just a project, but a journey that will continue to take shape up to 2050. Upon completion, it will encompass over 400 attractions, accommodate up to 600,000 residents, and receive 48 million visits per year. The construction work on the city’s infrastructure is well underway, and the first assets to open to the public will be the Six Flags theme park and Aquarabia, its water theme park, scheduled for the end of 2025. Other significant projects under development include the construction of private golf courses, the motorsports track, and the gaming and esports district. This is just the beginning of the potential that Qiddiya City holds. The project is expected to attract investments across a wide array of sectors in the coming 20 to 30 years and become a key driver of economic diversification in the Kingdom. ABDULLAH ALDAWOOD CEO AND MANAGING DIRECTOR / QIDDIYA INVESTMENT COMPANY #10 64 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
as a Project Engineer and later as the Onshore Development and Planning Manager. Before assuming his current role, His Excellency served as the Vice Chairman of the Barwa Real Estate Company Board of Directors in 2018 and was elevated to Chairman in 2023. In 2021, he took on the role of Deputy Chairman at Katara Hospitality and was also a board member. By 2022, he joined the Board of Directors of the United Development Company. He has led development H. E. Abdullah bin Hamad bin Abdullah Al Attiya has been Chairman of Qatari Diar Real Estate Investment Company since March 2024. He joined the company’s Board in January 2017 and was later appointed CEO in July 2018. His Excellency has built a notable career across various sectors in Qatar. He started as an Operations Engineer at Qatar Petroleum, where he worked until 2011, before advancing to RasGas in 2012 efforts across various sectors in Qatar with his extensive managerial expertise, contributing to the country’s National Vision 2030. He is also the Vice President of the Board of Directors at Al Saad Sports Club. Qatari Diar Real Estate Investment Company was founded in 2005 by the Qatar Investment Authority, the sovereign wealth fund of the State of Qatar. It is headquartered on the coast of the Arabian Gulf, northeast of the capital, Doha. The company was established to bolster Qatar’s expanding economy and to oversee the country’s real estate development priorities. It undertakes landmark projects that stand out for their unprecedented size, scope, and vision. Qatari Diar’s portfolio boasts several ambitious projects, each with its unique features and contributions to Qatar’s development. The iconic ‘Lusail City,’ the company’s flagship project, is a vast mixed-use development designed to shape the future of Qatar with its advanced infrastructure and sustainable urban planning. Another notable development is the ongoing ‘Simaisma,’ a sustainable project that will provide a distinctive year-round experience through outdoor air conditioning technology. Additionally, the company is behind The Doha Exhibition and Convention Centre (DECC), a cultural symbol and visual landmark in Qatar. It is linked to Sheraton Park, another significant development in the Qatari Diar portfolio, via an underground tunnel. Each of these projects exemplifies Qatari Diar’s commitment to innovation, sustainability, and enhancing Qatar’s cultural and economic landscape. Today, Qatari Diar is recognized as one of the world’s most esteemed and reliable real estate companies. Its commitment to quality, community engagement, collaboration, and sustainability is not just a part of its projects, but also a call for everyone to be part of a larger vision. DEVELOPERS H.E. ABDULLAH BIN HAMAD BIN ABDULLAH AL ATTIYA CHAIRMAN / QATARI DIAR REAL ESTATE INVESTMENT COMPANY #11 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 65
100power Hour‘24 CBNME FRANCIS ALFRED #12 MANAGING DIRECTOR / SOBHA REALTY F rancis Alfred, Managing Director of Sobha Realty, has positioned the company as a leading force in Dubai’s dynamic real estate industry. A seasoned industry veteran, Francis boasts an impressive track record of over two decades in shaping the real estate landscape across India and the UAE. He has driven the company’s growth and success since being appointed the Managing Director of Sobha Realty’s Middle East operations in 2016. As a civil engineer, Francis brings technical expertise and strategic vision to his role. As a dynamic individual with a goal-oriented mindset, Francis has steered the company to success, especially spearheading Sobha Realty’s innovative concept, ‘Backward Integration’, in the sector, which has redefined industry standards. This model has further optimised the company’s supply chain and resource utilisation. He promotes digitalisation, advocates for lean manufacturing and business processes, and the adoption of various state-of- the-art technologies, including ConTech, PropTech, robotics, AI, and data analytics, to optimise operations and enhance project delivery. His focus on cutting-edge technologies has positioned Sobha Realty at the forefront of industry innovation. With a deep-rooted understanding of the industry, Francis is renowned for his forward-thinking approach and capability to drive strategic expansion. Under his leadership, Sobha Realty has successfully diversified its portfolio and expanded its operations globally. His expertise spans diverse facets of the business, from managing and overseeing the execution and delivery of large-scale projects to spearheading global expansion and diversification. Francis’s commitment to excellence and delivering exceptional results weaves an indispensable thread in the rich tapestry of Sobha Realty’s success. 2023 Sobha Realty achieved record-breaking sales, logging all-time high sales of AED 15.5 billion. The company also recorded a 51 per cent growth in sales across its diverse portfolio of residential and commercial developments in Dubai, reaching its sales target of AED 15 billion. It aims to achieve sales of AED 18 billion in 2024. A hands-on leader, Francis is committed to ensuring and delivering exceptional quality and timely project completion. His focus on critical thinking, collaboration, 66 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
DEVELOPERS and talent development has cultivated a high-performance culture within the organisation. His intellectual curiosity and passion for knowledge are reflected in his leadership style, inspiring teams to achieve ambitious goals. Under Francis’s guidance, Sobha Realty achieved impressive customer satisfaction ratings, which have improved significantly, demonstrating its unwavering commitment to excellence and quality. Based on an independent survey, the company is the 2nd most recalled brand amongst premium real estate intenders in the UAE market, a testament to its dedication to customer satisfaction. Under his able guidance, Sobha Realty has successfully delivered several projects and accomplished numerous milestones, including the ISO International Standard Certification for upholding environmental, health, and safety standards. These achievements are a source of pride and confidence for the company and its stakeholders. Latest project details & and future plans Sobha Realty boasts nine masterplans across the UAE, including notable projects like The S Tower, Sobha SeaHaven, and Sobha Orbis. In 2023 alone, under Francis’s leadership, the company launched three new masterplans: Sobha Hartland 2, Sobha Reserve, and Verde by Sobha. Under Francis’s leadership, Sobha Realty has introduced its latest master plan in 2024, Sobha Siniya Island. This landmark project, a testament to Francis’s strategic vision, seamlessly blends luxury living with nature. Featuring villas, mansions, and resorts, the island preserves mangroves and wildlife, offering a unique mix of tranquillity and adventure. With its unique features and commitment to preserving the environment, Sobha Siniya Island is set to become a Sobha Façades is a state-of-the-art glazing and façade manufacturing facility. Additionally, Sobha Pods manufactures over 15,000 complete bathroom models for Sobha Realty’s projects in the UAE. With a keen eye for detail, dedication to timely project completion, strategic vision, and operational expertise, Francis contributes significantly to elevating Sobha Realty to newer heights globally. sought-after residential destination. In addition, Sobha Realty has also launched a first-of-its-kind mall in the Sobha Hartland flagship community under Francis’s astute leadership. Aligned with the UAE strategic initiative ‘Make it In the Emirates’ to strengthen the local industrial sector, Sobha Realty has established a second furniture factory in Dubai Industrial City (DIC), which is approximately valued at AED 450 million. This facility will be the UAE’s most significant and automated factory. Sobha Modular is another manufacturing vertical of Sobha Group, covering an area of 2.5 million sq. ft. Sobha Siniya Island effortlessly fuses luxury with nature, featuring stunning villas, waterfront mansions, elegant apartments, and exclusive resorts Sobha Siniya Island is a preserved paradise where untouched wildlife and mangroves thrive, offering residents the perfect balance of vibrant UAE city life and peaceful seclusion WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 67
100power Hour‘24 CBNME MICHAEL DYKE CEO / NEW MURABBA M ichael Dyke, the CEO of the New Murabba, is steering one of the Middle East’s most ambitious and transformative urban projects, deeply aligning with Saudi Arabia’s Vision 2030. His leadership is pivotal in this bold endeavour, which is set to redefine the landscape of Riyadh, blending traditional elements with futuristic design and sustainability. At the core of the New Murabba development is the Mukaab, an extraordinary architectural feat poised to become the world’s largest built structure. But the Mukaab is far more than just an impressive building—it’s a symbol of Saudi Arabia’s forward- looking ambitions. This cubic structure is designed to be a self-contained city within a city, incorporating a dynamic mix of residential, commercial, cultural, and entertainment spaces. Imagine a place where every aspect of urban life is harmoniously integrated, creating an environment that is as functional as it is inspiring. The Mukaab will serve as a beacon of modernity, all while paying homage to the rich cultural heritage of the Kingdom. The Wadi and landscaping of New Murabba are integral components of the development’s commitment to sustainability and quality of life. The Wadi is a natural, green corridor that winds through the heart of New Murabba, providing a lush, serene environment in contrast to the urban surroundings. This feature is designed to enhance the natural landscape of Riyadh while offering residents and visitors a tranquil space for recreation and relaxation. The Wadi will incorporate pedestrian paths, cycling tracks, and shaded areas, making it a key recreational and social hub within the development. The landscaping throughout New Murabba will focus on integrating green spaces within the urban environment, promoting biodiversity, and creating #13 68 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
DEVELOPERS a more sustainable, eco-friendly city. This includes extensive use of native plants and water-efficient irrigation systems to ensure that the greenery thrives in Riyadh’s arid climate. The overall design of the landscaping aims to create a harmonious blend between nature and urban development, contributing to the project’s goal of setting new standards in sustainable urban living. Adding to the grandeur of New Murabba is the New Murabba Stadium, a 45,000-seat venue that beautifully merges modern design with traditional influences. Inspired by the native Acacia tree, the stadium is more than just a sports arena—it’s envisioned as a central hub for the community, hosting everything from international sporting events to cultural exhibitions. The stadium’s design emphasizes an immersive experience, ensuring it becomes a key social and cultural focal point within Riyadh. Beyond the Mukaab and the stadium, New Murabba is set to revolutionize the residential landscape of Riyadh. The development promises diverse housing options, catering to both luxury and family-oriented needs within a smart, sustainable environment. Green spaces, energy-efficient buildings, and cutting- edge infrastructure are woven into the fabric of the development, ensuring that residents enjoy a high quality of life. The design encourages a pedestrian-friendly lifestyle, with all essential services and amenities—schools, hospitals, shopping centres, and mosques—within walking distance, embodying the concept of a “15-minute city.” Under Michael’s visionary leadership, New Murabba is not just another urban development; it’s a bold statement of the future of urban living. The project is expected to attract millions, reinforcing Riyadh’s status as a global city. With over 5 million cubic meters of material already excavated, the groundwork for the Mukaab is well underway, signalling the project’s momentum and making it an attractive proposition for investors. Key figures like Raymond Rice and Thomas Nilsson have been instrumental in this journey, providing insights and leading workshops that delve into the intricacies of the new downtown and the Mukaab’s construction. Their contributions highlight the innovative approach driving New Murabba forward. As Riyadh’s population is projected to reach 10 million by 2030, New Murabba is set to give the city a new downtown core that stands as a benchmark for quality urban development. The project exemplifies Saudi Vision 2030’s commitment to sustainability, innovation, and creating a vibrant community hub. With New Murabba, Michael is not just transforming a region of Riyadh; he is redefining the entire concept of what a modern downtown can be— where communities thrive and the future of urban living is reimagined. The Mukaab is an extraordinary landmark that incorporates cutting- edge technologies, making it a symbol of innovation and modernity The New Murabba Stadium stands as a groundbreaking hub for sports and entertainment, poised to redefine Riyadh and advance Saudi Arabia’s global sports aspirations WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 69
100power Hour‘24 CBNME Ben Hudson is the Chief Development and Construction Officer at the Royal Commission for AlUla (RCU), where he plays a pivotal role in driving the development and construction initiatives within one of Saudi Arabia’s most significant cultural and heritage projects. With a wealth of experience in large-scale, high-impact projects, Ben oversees the strategic planning and execution of development plans that aim to transform AlUla into a global cultural and tourism destination. His leadership is instrumental in ensuring that the development projects at AlUla are not only world- class but also sensitive to the rich heritage and natural beauty of the area. Ben’s expertise in construction and development is crucial to the RCU’s mission to balance modern infrastructure with the preservation of AlUla’s historical and archaeological significance. Under his guidance, the RCU is advancing several key projects, including the development of luxury resorts, cultural institutions, and sustainable infrastructure that will support AlUla’s vision of becoming a leading global destination for heritage and nature tourism. Ben’s role is central to realising this vision, making him a key figure in the ongoing transformation of AlUla. The RCU has marked a significant milestone in the development of the Sharaan Resort with the inaugural rock excavation for the much-anticipated project. The initial excavation symbolises the start of a mission that combines Jean Nouvel’s architectural innovation with BEN HUDSON CHIEF DEVELOPMENT AND CONSTRUCTION OFFICER / ROYAL COMMISSION FOR ALULA Jean Nouvel and his team, chosen through an exclusive, invitation-only international design competition judged by a distinguished panel of global experts, will spearhead the design of the Sharaan Resort #14 70 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
DEVELOPERS Bouygues’ engineering expertise. This milestone is an important step forward in AlUla’s evolution into a premier destination for sustainable luxury tourism. Nestled within the ancient geological wonders of the Sharaan Nature Reserve, the Sharaan Resort will offer an experience unlike any other. With 38 custom suites carved into sandstone mountains, comprehensive wellness facilities, family-friendly amenities, diverse dining options, and unique panoramic views, the resort embodies tranquillity, luxury, and an immersive engagement with AlUla’s unparalleled beauty. Sharaan Resort is set to become a premier global destination, offering a sophisticated visitor experience with impeccable service while immersing guests in the serene beauty of the untouched desert. The resort’s innovative design, inspired by the natural surroundings, will elevate AlUla to the forefront of architectural excellence, making it a globally recognized icon. This development by the Royal Commission for AlUla will create a stunning, unique architectural masterpiece that honors the timeless authenticity of the desert landscape. RCU, in collaboration with its contractor partners, has adapted ancient Nabataean rock- carving techniques using modern engineering to create contemporary, habitable spaces. The uniqueness of the project lies in the innovative excavation of layered spaces, aligning with Saudi Arabia’s Vision 2030 and the AlUla Sustainability Charter. This project exemplifies RCU’s commitment to sustainable development, blending visionary planning with cutting-edge construction to minimize environmental impact while enhancing luxury tourism in Northwest Arabia. The project highlights the successful collaboration between RCU’s strategic vision and French expertise, particularly through the contributions of Jean Nouvel and Bouygues Construction. This partnership underscores the importance of international cooperation in preserving AlUla’s natural beauty and historical significance, while also transforming the area into a leading global destination and the world’s largest Living Museum, dedicated to sustainable luxury tourism. Ben Hudson, Chief Development and Construction Officer at RCU, highlighted that the Sharaan Resort is the most ambitious project undertaken by the team so far. The initial excavation marks a significant step in RCU’s mission to develop AlUla into a world-class destination that balances luxury tourism with the preservation of its distinctive cultural and natural heritage. The project is being carefully managed in accordance with RCU’s environmental, social, and health impact standards, ensuring that all stakeholders are fully aware of the importance of the site. As RCU progresses towards its goal of 5,000 hotel rooms by 2030 and 8,500 rooms by 2035, the Sharaan Resort stands as a flagship project, exemplifying the blend of luxury and sustainability that will define AlUla’s hospitality landscape. Sharaan Resort will be located in a valley deep inside the newly-created Sharaan Nature Reserve, especially chosen for its dramatic landscape configuration made of high cliffs, rocky plateaus, and spectacular sand dunes The Chedi Hegra will harmoniously blend contemporary architecture with the site’s historical significance, highlighting the remarkable connection between human creativity and the natural environment WWW.CBNME.COM
100power Hour‘24 CBNME ENG. ABDUL AZIZ SALEH AL-ABOUDI CEO / THAKHER DEVELOPMENT COMPANY E ngineer Abdul Aziz Saleh Al-Aboudi, a leading figure in the MENA region, has over two decades of senior management experience. As the CEO of Thakher Development Co., he leads one of Makkah’s most significant real estate projects. Abdul Aziz Saleh Al-Aboudi’s leadership at Thakher Development Co. is marked by his commitment to sustainability. His history of turning struggling factories into profitable entities and converting family businesses into IPOs through strong corporate governance and policy implementation is a testament to his business acumen. His vision and commitment to innovation and sustainability are the driving forces behind Thakher Development Co.’s transformation into a premier real estate development company. Thakher Development Company is at the helm of the Thakher Makkah project, a monumental real estate endeavour in Saudi Arabia. This project, which includes a diverse range of hospitality options, is designed to significantly enhance the quality of life for residents and visitors. Once fully developed, the Thakher Makkah project will be a home to over 1.6 million visitors and pilgrims, a testament to its role in supporting Saudi Vision 2030’s goal of hosting 30 million Umrah performers and six million pilgrims annually. Spanning 320,000 square meters and located approximately one kilometre from the Holy Masjid (Haram), Thakher Makkah is poised to be one of the most comprehensive real estate ventures in Makkah, leaving a lasting impact on the region. #15 Thakher Makkah Project 72 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
INNOVATION IN FACILITIES MANAGEMENT 2024 AWARDS SEPTEMBER 12TH | AL HABTOOR CITY NOMINATE NOW THE AWARDS AIM TO ACKNOWLEDGE ACCOMPLISHMENTS IN PROJECTS, TECHNOLOGY, INNOVATION, AND INDIVIDUAL EXCELLENCE AS WELL AS CORPORATE STRENGTHS IN THE FM BUSINESS. FOR EDITORIAL VIBHA MEHTA +971 58 6314145 vibha@bncpublishing.net FOR SPONSORSHIP OPPORTUNITIES ALEX BROWN +971 56 308 2946 alex@bncpublishing.net JOAQUIM D’COSTA +971 50 440 2706 jo@bncpublishing.net Gold Partners
100power Hour‘24 CBNME FARIS SAEED CHAIRMAN & CEO / SEE HOLDING F aris Saeed, the Chairman & CEO of SEE Holding, is a visionary leader whose strategic foresight and commitment to sustainability have positioned the company at the forefront of eco-friendly development. Under his leadership, SEE Holding has pioneered creating future-ready communities seamlessly blending advanced technologies with sustainable practices. Faris’s approach to leadership is deeply rooted in environmental stewardship and a genuine commitment to community development. He has guided SEE Holding in launching several high-impact projects that not only exemplify the company’s dedication to sustainability and innovation but also significantly reduce the environmental footprint. One of the standout projects under Faris’s leadership is The Sustainable City in Dubai, a groundbreaking development that has set new standards for sustainable living. This project features energy-efficient homes, car-free zones, and extensive green spaces, all powered by renewable energy sources. It is a model of how urban living can coexist harmoniously with nature, offering residents a high quality of life while minimizing environmental impact. Another critical project is The Sustainable City in Yiti, Oman, which expands on the principles established in Dubai. This development aims to create a fully integrated, sustainable community focusing on renewable energy, water conservation, and zero-waste initiatives, making it one of the most ambitious projects in the region. Under Faris’s leadership, SEE Holding is also working on The Sustainable City in Yas Island, Abu Dhabi, a project that continues the company’s mission of creating smart, sustainable communities. This development will feature cutting-edge technologies and eco-friendly designs to promote sustainable living in one of the UAE’s most vibrant areas. Faris Saeed’s vision extends beyond individual projects; he is dedicated to setting a global standard for sustainable development. His leadership has ensured that SEE Holding not only meets but exceeds expectations in creating environments that are not only livable but thrive on the principles of sustainability. Through these initiatives, Faris continues to drive SEE Holding’s growth and influence, shaping the future of urban development not only in the Middle East but also globally. #16 74 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
DEVELOPERS ABDULLAH ALMAJED CHAIRMAN AND FOUNDER / OSUS A bdullah Almajed, the visionary Chairman and Founder of Osus has been instrumental in establishing the company as a leader in the real estate development sector. With a steadfast commitment to quality, innovation, and sustainability, Abdullah has led Osus in developing a series of prestigious projects that have transformed urban landscapes across Saudi Arabia. Under the leadership of Abdullah, Osus has delivered several iconic projects that epitomize the company’s dedication to quality and innovation. Osus Al Marja, a prime residential development in northeast Riyadh, offers an unmatched living experience. The Osus Green Tower, a state-of-the-art commercial project, blends cutting-edge design with modern facilities. Meanwhile, The 25 stands out for its strategic location, premium construction, and elegant design, making it a top choice for those seeking luxury in one of Saudi Arabia’s most vibrant cities. These projects reflect Osus’s commitment to residential and commercial real estate excellence. Additionally, each of these projects reflects Abdullah’s strategic vision of blending traditional values with modern architectural practices, creating spaces that are functional, aesthetically pleasing, culturally significant, and sustainable. His leadership has ensured that Osus continues to set new benchmarks in the real estate industry, delivering projects that enhance the quality of life and create lasting value for stakeholders. With a portfolio that includes these landmark developments, Abdullah has solidified Osus’s position as a leading developer in the region, driving the company towards even greater heights and ensuring its role as a critical player in the ongoing transformation of Saudi Arabia’s urban landscape. #17 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 75
100power Hour‘24 CBNME HISHAM TALAAT MOUSTAFA ENG. AHMAD AL JUHANI CEO / TALAAT MOUSTAFA GROUP (TMG) CEO / RUA AL MADINAH HOLDING H isham Talaat Moustafa is a prominent Egyptian business magnate and the CEO of Talaat Moustafa Group (TMG), one of Egypt’s largest real estate and development companies. Under his leadership, TMG has grown into a powerhouse known for its expansive and luxurious developments that have redefined modern living in Egypt. His strategic vision has been instrumental in the success of landmark projects such as Madinaty and Al Rehab City, which are considered among the region’s most ambitious and successful residential communities. A solid commitment to innovation, sustainability, and community development marks Hisham’s approach to business. He has spearheaded efforts to integrate advanced technologies into TMG’s projects, ensuring that they meet international quality and environmental stewardship standards. Beyond his contributions to real estate, Hisham is also actively involved in various philanthropic initiatives, focusing on education, healthcare, and social welfare, reflecting his broader vision of societal advancement. His leadership continues to drive TMG’s growth, solidifying its position as a leading player in the real estate industry in Egypt and across the Middle East. E ng. Ahmad Al Juhani, CEO of Rua Al Madinah Holding, plays a pivotal role in reshaping the urban landscape of Madinah, one of Saudi Arabia’s most sacred cities. With a deep commitment to preserving the city’s spiritual heritage while embracing modern urban development, Ahmad leads the company’s vision of creating sustainable, community-focused environments. Under his strategic guidance, Rua Al Madinah Holding is dedicated to projects integrating smart technologies and sustainability with cultural and historical preservation. His leadership ensures that Madinah evolves into a model city, blending tradition with innovation. Ahmad’s efforts are focused on transforming Madinah into a destination that honours its religious significance while meeting the needs of contemporary urban living, making him a key figure in Saudi Arabia’s ambitious Vision 2030. #19 #18 76 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
DEVELOPERS FARHAD AZIZI CHIEF EXECUTIVE OFFICER / AZIZI DEVELOPMENTS F arhad Azizi, a seasoned entrepreneur with expertise in finance, banking, construction, oil and gas, and hospitality, is the CEO of Azizi Developments, among other businesses. Azizi Developments is Dubai’s premier real estate developer, with a diverse portfolio of luxury residential and commercial complexes and tens of thousands of residences completed. Azizi is a well- known name that represents excellence in construction and development. Having grown up in Dubai where he attended Al Mawakeb School, Farhad then graduated at the University of Tulsa. He then obtained his MBA in Finance Management from Boston-Suffolk University, after which he spent several years in Germany. A German national, he established several successful real estate businesses in Frankfurt and beyond, including the boutique real estate developer Main Tür GmbH, and the property management firm FMA GmbH. He subsequently returned to the UAE to manage his family’s business, Azizi Developments, into a new realm of unparalleled growth. Farhad has also held several senior leadership positions across other family-owned businesses, including Azizi Bank, and its trading and oil & gas companies. Dubai continues to inspire him. Farhad realises that Azizi’s success has coincided with the city’s incredible developments and expansion, making it a truly worldwide hub for business, tourism, and innovation, and so he speaks passionately of the opportunities available in the region. He places customer centricity at the very forefront of his businesses, with the delivery of high-quality homes being his priority. His open-door policy, transparent, hands-on, and empowering leadership style continue to shape the real estate landscape of Dubai, with Azizi Developments currently developing over 40,000 homes worth several billion US dollars in the emirate, including the world’s second tallest skyscraper being constructed at a value of USD 1.5bn. Farhad spearheads Azizi Group’s diversification efforts and vision to take the Azizi brand into new high-performing markets with a focus on Europe and North America, eyeing opportunities in real estate, banking, and hospitality, among other sectors. A high-profile, well-known figure in Dubai and beyond, Farhad is a renowned thought leader in real estate and has been interviewed and featured by the likes of Bloomberg, CNN, Financial Times, Forbes, CNBC, and more. He was listed as one of Arabian Business’ 100 Most Inspiring Leaders, among several other prestigious accolades that he has earned over the years. He is married and has three children; his family lives in Dubai but travels frequently to Germany, France, and Switzerland. #20 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 77
100power Hour‘24 CBNME BENOY KURIEN GROUP CEO / AL HAMRA A s the Group Chief Executive Officer of Al Hamra, Benoy Kurien is the driving force behind one of the UAE’s most visionary real estate development and investment companies. His over two decades of experience have been instrumental in transforming Al Hamra into a trailblazer in luxury lifestyle development, combining innovation, sustainability, and excellence in every project. His leadership instils confidence in the company’s direction and future. Under Benoy’s leadership, Al Hamra’s portfolio is a testament to the company’s unwavering commitment to redefining modern living. For instance, Al Hamra Residence and Village is a breathtaking waterfront community that seamlessly integrates residential, commercial, and leisure spaces, offering an unmatched lifestyle in Ras Al Khaimah. The Manar Mall is another cornerstone of the company’s success, serving as a vibrant hub for retail, dining, and entertainment and continually evolving to meet the community’s needs. This commitment to innovation and excellence is truly inspiring. Under Benoy’s strategic guidance, Al Hamra’s vision extends far beyond its current achievements. The company is poised for further expansion, with ambitious plans to develop new projects that align with the UAE’s Vision 2030. These future endeavours will focus on sustainable growth, smart technologies, and creating communities that are not just places to live but thriving ecosystems of innovation and culture. Al Hamra’s future plans are not just about growth, but also about responsible development. A key highlight includes expanding its hospitality offerings with new luxury resorts and hotels that aim to attract global visitors and position Ras Al Khaimah as a premier tourist destination. The company is also looking to enhance its residential offerings further, focusing on eco-friendly developments that offer both comfort and sustainability. Benoy is not just leading Al Hamra, he’s shaping its future. He’s ushering the company into a new era where the integration of cutting-edge technology, sustainability, and community-focused design are at the heart of every project. His leadership ensures that Al Hamra is not only a leader in real estate but also a driving force in shaping the future of urban living in the UAE and beyond. With a clear vision for the future, Benoy Kurien is set to guide Al Hamra through an exciting phase of growth and innovation. His unwavering commitment ensures the company continues to be synonymous with luxury, quality, and forward-thinking development. #21 78 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
FACEBOOK.COM/CBNME @CBNME CONSTRUCTION BUSINESS NEWS ME WWW.CBNME.COM | OCTOBER 30TH | VENUE: DUBAI FOR NOMINATIONS VIBHA MEHTA +971 58 6314145 vibha@bncpublishing.net FOR SPONSORSHIP OPPORTUNITIES JOAQUIM D’COSTA +971 50 440 2706 jo@bncpublishing.net ALEX BROWN +971 56 308 2946 alex@bncpublishing.net nominate now Gold Partner RECOGNIZING THE EXCEPTIONAL ACHIEVEMENTS OF MAJOR CONSTRUCTION POWERHOUSES IN THE MIDDLE EAST CONSTRUCTION Innovation Awards 2024
100power Hour‘24 CBNME TALAL MOAFAQ AL GADDAH FOUNDER AND CEO OF KETURAH / MAG LIFESTYLE DEVELOPMENT W ith a wealth of experience and a passion for innovation, Talal Al Gaddah is a trailblasing figure in the real estate industry. As the CEO of MAG Lifestyle Development, he has spearheaded numerous groundbreaking projects that have reshaped the landscape of the UAE. From iconic residential towers to visionary mixed-use developments, Talal’s portfolio showcases his dedication to excellence and his commitment to creating spaces that inspire, elevate, and transform communities. In 2022, marking a landmark year, Talal introduced the Keturah brand, an innovative concept that embodies luxury intertwined with the principles of wellness. This pioneering venture exemplifies his unparalleled ability to blend opulence with sustainability and positions the Keturah brand as a vanguard for future global developments. Keturah represents a paradigm shift in luxury real estate, seamlessly blending opulence with well-being to create unparalleled living experiences. Under the visionary leadership of Talal Al Gaddah, Keturah transcends conventional boundaries, offering transformative environments that prioritise holistic wellness, sustainability, and community connectivity. Keturah launched at The Ritz-Carlton Residences, Dubai, Creekside within Keturah Resort, the first development in the region to pursue a WELL Health-Safety Rating certification. The development comprises 264 residences across 7 buildings and 12 mansions, each featuring exclusive yacht parking for residents. Homeowners will benefit from an impressive range of world-class facilities, including a seven-star wellness centre, a five-star hotel, a private members-only club, a women’s club, a kids club, a holistically immersive wellness centre, Michelin- star restaurants, a 550m promenade, sustainable and organic- focused retail spaces, 24/7 private parking with valet, and a gated community with unique views of the wildlife sanctuary, Burj Khalifa, Dubai Creek Harbor, and Meydan. The Residences at Keturah Resort are characterised by a high artistic value, where only high-quality materials are handpicked from artisans worldwide to ensure a long-lasting #22 80 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
DEVELOPERS and sensual experience. Each Residence within the limited collection adheres to the WELL Certification Standards and is complemented by ultra-high-end leisure areas and exclusive spa and wellness facilities, all of which meet the WELL Health- Safety Rating. Resident’s owners and their guests will enjoy knowing that the quality of the services and maintenance of the property will be executed to the exacting brand standards of The Ritz- Carlton ensuring that they live at a property that signifies prestige and sustained quality and value. Essential services will include À-La-Carte personalized lifestyle services, raw materials and colours to subtly merge the architecture with the surrounding desert landscape. Travertine, wood, and bronze link the inside with the outside. The restrained colour palette of bleached bone, champagne and bronze further introduces the natural landscape inside the home. Lush- growing nature is visible from every vista, including olive trees, palm trees, green walls, balcony planters, and rooftop gardens. Keturah Reserve homes are designed with double-volume interior spaces, increasing the flow and circulation of naturally cooled air. Open plan spaces without corridors or hallways optimize the flow of passage. Furniture and fixtures are custom-designed and produced for each space. They blend perfectly into the interior, freeing the flow of movement, and elevating the resident’s physical and mental well-being. With Keturah Reserve, Talal Al Gaddah aims to offer people space, space of mind, and space to relax. The development is built with care, attention to detail, and a commitment to quality. It is a development that allows its residents to breathe and enjoy privacy while also allowing them to mingle and connect with their community. From the distinguished Keturah Resort to the pioneering Keturah Reserve, each project bears the hallmark of excellence, setting new standards for luxury living in the UAE and beyond. With each project, Talal continues to push the boundaries of possibility, shaping the future of real estate and leaving an indelible mark on the Dubai real estate landscape. Under Talal’s leadership, the real estate portfolio of MAG has reached over USD 5 billion, with 14 projects completed and 7 under development. Concierge Services, Butler Services, and Private chef-in-residence dining services (exclusive for mansions), among others. This was followed by Keturah Reserve another first in the Middle East with its ‘Bio Living’ concept which completely immerses residents in landscaped nature. Bio Living is rooted in biophilic design, architecture, and interior design, which were conceived to incorporate nature into the built environment to improve the physical, mental, and emotional health of its occupants. Bio Living at Keturah Reserve creates the perfect synergy between interior design, architecture, and landscape, completely respecting the surrounding ecosystem. Both interiors and architecture at the development are crafted from the same The Keturah Resort by MAG is located on Dubai Creek, facing Dubai’s wildlife sanctuary in Ras Al Khor Keturah Reserve is an innovative new luxury residential development in Mohammed Bin Rashid City District 7 Dubai WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 81
100power Hour‘24 CBNME AHMED ALKHOSHAIBI GROUP CHIEF EXECUTIVE OFFICER / ARADA A hmed Alkhoshaibi, Group Chief Executive Officer of Arada, is at the helm of one of the UAE’s most dynamic and rapidly growing master developers. Under his leadership, Arada has achieved remarkable milestones, building a real estate portfolio valued at AED 60 billion. Since its inception in 2017, Arada has sold over 14,000 units worth AED 17 billion and has completed more than 9,000 units, with another 4,845 currently under construction. In 2023 alone, Arada’s sales surged by an impressive 100% to AED 7 billion, underscoring the company’s rapid growth and success. Ahmed’s visionary leadership has led to the launch of several groundbreaking projects, establishing Arada as a leading developer in the UAE. One of these signature developments is Aljada, a transformative mixed-use community in Sharjah. Aljada seamlessly blends modern design with urban convenience and lush green spaces, creating a vibrant setting where residents can live, work, and play. The community offers a wide range of residential options, alongside retail and entertainment venues, all within a sustainable and dynamic environment. Aljada is set to redefine urban living in Sharjah with its focus on innovation and community. Another notable project, Masaar, is a thoughtfully designed residential community in Sharjah, surrounded by lush greenery that promotes wellness and a connection to nature. This smart, sustainable development includes over 4,000 villas and townhouses, integrated with recreational amenities such as parks, cycling paths, and fitness zones. Masaar is designed to offer a tranquil lifestyle, combining modern living with serene natural landscapes, making it ideal for families and individuals seeking a balance between urban convenience and peaceful, eco-friendly living. The ultra-luxury Armani Beach Residences on Palm Jumeirah is a testament to Ahmed’s strategic direction and Arada’s #23 82 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
commitment to innovation. This prestigious development blends luxury and sophistication, reflecting the timeless elegance of the Armani brand. Each residence is meticulously designed with high-end finishes and offers stunning views of the Arabian Gulf and the Dubai skyline. With direct access to a private beach and world-class amenities, Armani Beach Residences delivers an unparalleled living experience on Palm Jumeirah. Currently, Masaar has over 2,570 townhouses and villas under construction, with contracts worth over AED 2 billion awarded this year. The project is set to complete its 3,000 homes by 2026. Aljada has significantly transformed Sharjah, attracting 2.4 million visitors in 2023. With 7,500 homes completed, 2,000 under construction, and plans for a total of 25,000 units, Aljada is approximately 30% complete. These figures highlight the significant progress and future potential of Arada’s developments. In Dubai, construction is advancing on Jouri Hills at Jumeirah Golf Estates, with completion expected by the end of 2025. This year, Ahmed led the launch of luxury projects like Armani Beach Residences and Anantara Sharjah Resort and Residences. Anticipation is high for upcoming luxury branded residences at Dubai Harbour and DIFC, slated for completion by the end of 2024. As Group CEO, Ahmed also oversees corporate performance and strategy, with recent achievements including the issuance of Arada’s second sukuk, listed on the London Stock Exchange and Nasdaq Dubai in June. Ahmed is deeply committed to sustainability, integrating extensive green spaces in all Arada projects and investing in environmentally friendly technologies. Under his leadership, Arada has grown into a robust firm with over 1,200 employees and ambitious plans for both domestic and international expansion, ensuring a bright future for the company and its stakeholders. DEVELOPERS Aljada is a vibrant mixed-use community in Sharjah that blends modern design, urban convenience, and lush green spaces, offering a perfect setting for residents to live, work, and play 430 homes have been completed in the first phase of Masaar Armani Beach Residences at Palm Jumeirah redefines ultra-luxury living, situated on the iconic shores of Dubai’s renowned man-made islands WWW.CBNME.COM
American University of Beirut and a master’s degree in project management from the British University of Dubai. Union Properties is committed to further solidifying its presence in the UAE’s real estate sector. The company’s vision is sustainable growth and maximizing stakeholder value through strategic investments and innovative developments. This approach sets the stage for continued success in the industry. 100power Hour‘24 CBNME E ng. Amer Khansaheb is the CEO and a Board Member at Union Properties PJSC, one of the UAE’s leading real estate development companies. His visionary leadership is set to strengthen Union Properties’ position in the industry, enhancing client and stakeholder value. In addition to his role at Union Properties, Khansaheb holds key positions in other esteemed organizations within the UAE, reflecting his broad influence and commitment to the region’s development. Eng. Amer Khansaheb leads Union Properties PJSC’s operations, managing a portfolio that includes subsidiaries such as Dubai Autodrome, ServeU, EDACOM, The Fitout, and GMAMCO. He oversees the company’s latest mixed- use development, ‘Takaya,’ in Dubai Motor City. Valued at AED 1.6 billion, this cutting-edge residential project aims to redefine urban living standards in the mid-to-high real estate market. Spanning 436,175 sq. ft., ‘Takaya’ features three residential towers with 744 luxurious yet affordable apartments. The development also includes various units ranging from studios to four-bedroom apartments, penthouses, townhouses, villas, and commercial spaces. The project is designed to enhance Motor City’s master community by offering innovative amenities that appeal to investors and meet various customer needs. Eng. Amer Khansaheb, an accomplished leader, has extensive experience in real estate development, construction management, investment management, and financial analysis. A Chartered Financial Analyst (CFA) since 2010, he combines his financial acumen with a strong background in civil and environmental engineering from the ENG. AMER KHANSAHEB CEO AND BOARD MEMBER / UNION PROPERTIES PJSC #24 Takaya Project 84 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
DEVELOPERS SAMEH MUHTADI CEO / RAK PROPERTIES F ounded in 2005, RAK Properties is Ras Al Khaimah’s premier real estate developer, dedicated to creating exceptional and sustainable destinations. Sameh Muhtadi, the CEO of RAK Properties, is a seasoned veteran in the real estate industry with over 30 years of experience. He has held leadership roles at Arabtec Construction, The Morgan Stanley - Orascom Infrastructure Fund, and Orascom- Contrack. Since 2022, Sameh has been steering RAK Properties towards setting new benchmarks in the real estate sector, supported by a dedicated team of 165 employees who embody the company’s ethos that “people make the place.” Mina Al Arab in Ras Al Khaimah is a flagship master- planned community that uniquely combines the luxury standards of international brands with RAK Properties’ local expertise. It features diverse residences, from high-rise apartments to waterfront villas, and includes branded hotels such as Anantara, InterContinental, and Nikki Beach Spa and Resorts. The community spans 64 kilometres of pristine beaches, offering stunning views of the Jebel Jais mountains and lush mangroves that support diverse wildlife. This unique blend of luxury and nature provides a living experience unlike any other, making Mina Al Arab a premier destination. In the dynamic real estate sector, Sameh is a visionary leader driving sustainable growth and innovation. RAK Properties plays a crucial role in achieving RAK Vision 2030, focusing on delivering economic, social, and environmental value to enhance lives and communities. The company’s steadfast dedication to keeping its promises and enhancing Ras Al Khaimah’s prosperity is a beacon of hope for the future. With a solid financial foundation and Sameh’s pioneering leadership, RAK Properties is set to launch new projects that will further elevate Mina Al Arab’s status as a premier destination. These initiatives aim to redefine the future of real estate by seamlessly integrating innovation, sustainability, and world-class design. #25 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 85
100power Hour‘24 CBNME #26 Z iad El Chaar serves as the Chief Executive Officer of Dar Global, having joined the company in 2017. With over two decades of real estate development and investment expertise, he spearheads the Group’s global business operations, driving revenue growth and profitability. El Chaar also brings a decade of experience in corporate governance, board management, and regulatory compliance, ensuring the company’s strategic and operational success on a global scale. Ziad El Chaar’s career is marked by a series of significant achievements. From his role as the CEO of Ventures and Business Development at Emaar Properties and Dar Al Arkan to his positions as the Managing Director and Executive Director on the board of directors of DAMAC Properties, he has consistently delivered results. His academic background, including a Master’s in Business Administration from The American University in Beirut, further reinforces his competence and leadership. Dar Global PLC is a highly differentiated international real estate business that focuses on some of the most desirable locations across the Gulf Cooperation Council (GCC) and Europe. Their projects, which predominantly cater to internationally mobile customers, are located in downtown Dubai, Muscat in Oman, and the Costa del Sol region in the South of Spain. These locations offer unique investment opportunities in the real estate market. Dar Global was initially established to house and develop the international (non-Kingdom of Saudi Arabia-based) assets of Dar Al Arkan Real Estate Development PJSC (“DAARE”), a leading real estate developer in the Kingdom of Saudi Arabia. Since 2007, Dar Al Arkan has delivered over 15,000 residential units listed on the Saudi Stock Exchange with total assets of US$8.5 billion. Shortly, the Group intends to expand its focus to hospitality assets. The aim is to acquire or build hotels and sell them after three to five years of operation once the hotels or resorts’ revenue streams stabilise. Target markets include Spain, Dubai, Maldives, Athens, Marrakesh and London. Dar Global was admitted to the Main Market of the London Stock Exchange on 28 February 2023. The Group recently announced collaborations with The Trump Organization to develop luxurious projects in multiple countries across the GCC. The latest project is the Trump Tower Dubai, featuring a luxury hotel and branded residences. This marks their third collaboration, following a residential tower in Jeddah, Saudi Arabia, and a $200 million Trump-branded project in Oman. These projects are part of Dar Global’s strategy to expand its presence in the Middle East and enhance its portfolio in the luxury real estate sector. ZIAD EL CHAAR CEO / DAR GLOBAL 86 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
DEVELOPERS SAAD BEN AIBAN ACTING CEO / JABAL OMAR DEVELOPMENT COMPANY S aad Ben Aiban, the acting Chief Executive Officer of Jabal Omar Development Company, is leading one of Saudi Arabia’s most significant urban transformation projects. With a profound understanding of the real estate and development sectors, Saad brings a wealth of experience and strategic vision to his role. His leadership is characterized by a steadfast commitment to innovation, excellence, and sustainability, inspiring hope for the future of urban development in Saudi Arabia and ensuring that Jabal Omar Development Company meets and exceeds the expectations of stakeholders and the broader community. Jabal Omar Development Company is the driving force behind one of the Kingdom’s most ambitious real estate projects in the heart of Makkah, just steps away from the Grand Mosque. The project, which is set to transform the urban landscape of Makkah, aims to create a vibrant, integrated urban centre that enhances the spiritual experience of millions of pilgrims while providing world- class hospitality and residential and commercial spaces. Under Saad’s guidance, Jabal Omar Development Company is committed to delivering high- quality developments that are not only sustainable but also culturally sensitive. His leadership is pivotal in navigating the complexities of such a large-scale project, ensuring that it aligns with the goals of Saudi Vision 2030, which seeks to diversify the economy and promote tourism. Saad’s vision for Jabal Omar is rooted in creating a legacy that honours Makkah’s spiritual significance while embracing the future through cutting-edge design, technology, and sustainable practices. His role as the acting CEO is crucial in steering the company towards continued success and making a lasting impact on Saudi Arabia’s urban landscape. R izwan Sajan, founder and chairman of Danube Group since 1993, has transformed a single shop into a global powerhouse with over 3,300 employees in nine countries. Leading the market in building materials and pioneering affordable luxury in UAE property development, Danube Properties has not just launched projects but has redefined the concept of affordable luxury. The $381 million twin towers Viewz and the $680.7 million Oceanz, launched in 2023, are a testament to Danube’s unique approach. By November 2023, they delivered 11 projects and 4,555 units valued at over $988 million, including Dreamz, Starz, and Glamz. Dominating with Building Materials FZCO and Danube Home, Danube shines across the MENA region and beyond. RIZWAN SAJAN FOUNDER AND CHAIRMAN / DANUBE GROUP #27 #28 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 87
L eading Deyaar Development with visionary zeal, CEO Saeed Mohammed Al Qatami has been at the helm since 2010, steering the company to new heights. Established in 2002, Deyaar has become a cornerstone in Dubai’s property development landscape, focusing on property development, facilities management, community management, and hospitality. Under Saeed’s leadership, Deyaar has launched notable projects, including Rosalia Residences in Al Furjan and ELEVE in Downtown Jebel Ali, redefining urban living experiences. The company also introduced its seafront residential tower, Mar Casa, in March 2023. Deyaar’s financial performance in 2023 has been impressive, showcasing significant growth in assets and revenues. K halid bin Hassan Al- Qahtani, the dynamic Chairman and CEO of Rikaz, has played a pivotal role in elevating the company to a leading position in Saudi Arabia’s real estate sector. His leadership is characterized by a strategic and forward-thinking focus on innovation and sustainable development. He blends modern architectural practices with cultural authenticity to create spaces that cater to contemporary needs while preserving the Kingdom’s rich heritage. Under Khalid’s guidance, Rikaz has successfully executed numerous projects that reflect the company’s commitment to quality and innovation. By prioritizing sustainability and integrating advanced technologies, Rikaz is shaping the future of urban living in Saudi Arabia. The company’s work spans residential, commercial, and mixed-use developments, all designed to enhance the quality of life for residents and visitors alike. Khalid’s visionary approach ensures that Rikaz remains a key player in the industry, contributing to the broader goals of Saudi Arabia’s Vision 2030. His leadership continues to inspire growth and innovation within the company, positioning Rikaz as a forward-thinking leader in the real estate landscape. SAEED AL QATAMI CEO / DEYAAR DEVELOPMENT KHALID BIN HASSAN AL-QAHTANI CHAIRMAN AND CEO / RIKAZ #29 #30 100power Hour‘24 CBNME 88 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024
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100power Hour‘24 CBNME ROBERT D. BOOTH CO-FOUNDER AND MANAGING DIRECTOR / ELLINGTON PROPERTIES Robert D. Booth, the Co-Founder and Managing Director of Ellington Properties, is a towering figure in the global real estate industry. His career spans decades and continents. His journey began in Canada, where he made an indelible mark by developing Vancouver’s Concord Pacific Place, the nation’s largest master- planned urban community. This monumental project was commissioned by Li Ka-Shing, the iconic Hong Kong magnate and philanthropist, showcasing Robert’s ability to manage and deliver large- scale developments from an early stage in his career. Building on this success, Robert transitioned to Concord Adex Developments Corporation in Toronto, where he spearheaded a $2 billion development project. This role served as his launchpad to the global real estate stage, demonstrating his ability to oversee complex, high-value developments. His work in Toronto was pivotal for the city and Robert’s career, as it opened doors to international opportunities. In 2001, Robert moved to Dubai, a rapidly emerging city that became a global hub for real estate innovation. Joining Emaar Properties PJSC, Robert took on a series of senior executive roles, including CEO of North America and CEO of Real Estate. During his time at Emaar, Robert was a driving force behind some of Dubai’s most iconic developments, such as Arabian Ranches, Emirates Living, Emirates Hills, The Greens, and Dubai Marina. These projects brought a staggering 40,000 residential units to market, each contributing to Dubai’s reputation as a global city of architectural marvels. Robert’s most significant achievement during his tenure at Emaar was his leadership of the Downtown Dubai project. As the visionary behind this flagship development, Robert oversaw every aspect, from the selection of master planners to the launch of the hotel, retail, and residential components. His leadership culminated in the completion of the Burj Khalifa, the tallest building in the world, which has since become a symbol of Dubai’s ambition and innovation. Through this project, Robert set new standards for real estate development in Dubai and on a global scale, defining what is possible in urban planning and architectural excellence. Beyond his executive roles, Robert continues to influence the real estate sector as an Advisor to the Chairman at Emaar. His insights and expertise are invaluable, contributing to the ongoing success and strategic direction of one of the world’s most prestigious property developers. Academically, Robert is well-equipped with a Master’s degree in Real Property Development & Planning from the University of British Columbia and a Bachelor of Arts in Political Science. His educational background has provided him with a strong foundation in real estate development’s technical and strategic aspects, enabling him to navigate the industry’s complexities with skill and foresight. A respected thought leader, Robert is a regular speaker at major real estate conferences worldwide, sharing his knowledge and experience with industry peers. His career is marked by a blend of visionary thinking, strategic execution, and a deep commitment to excellence, making him one of the most influential figures in the global real estate landscape. Robert D. Booth’s career is a testament to his personal achievements and a reflection of his ability to shape cities, influence markets, and inspire the next generation of real estate professionals. His legacy is one of innovation, leadership, and an unwavering commitment to pushing the boundaries of what is possible in real estate development. #31 90 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
SALEH ALORAINI RAED AL HADAD CEO / SOUDAH DEVELOPMENT CHIEF SALES & MARKETING OFFICER / IMKAN PROPERTIES DEVELOPMENT A s the CEO of Soudah Development since March 2022, Saleh Aloraini brings over 15 years of leadership experience in real estate and project management from prominent investment and advisory organizations. His role is crucial in steering the company towards its vision and goals. Soudah Development’s flagship project, Soudah Peaks, is a year- round luxury mountain tourism destination at Saudi Arabia’s highest peak, 3,015 meters high. I MKAN is a visionary placemaker focused on creating master developments that enrich the lives of residents and visitors. Through a unique research- driven approach, the company tailors its projects to meet the needs of diverse customer segments. Key projects in the UAE include AlJurf, a holistic wellness community between Abu Dhabi and Dubai, and Makers District and Nudra in Abu Dhabi. AlJurf is highlighted by SHA Emirates, a world-class wellness destination. Expanding globally, IMKAN also has offices in Egypt and Morocco, reinforcing its commitment to vibrant, sustainable communities worldwide. This unique site offers experiences rooted in local traditions, history, architecture, and cultural heritage. More than that, it’s a celebration of the distinctive local beauty and identity, with a strong focus on sustainability. It’s a place where you can truly connect with the local culture and appreciate its beauty. The master plan of Soudah Peaks is not just a vision, but a commitment to align with Saudi Vision 2030. It aims to protect and enhance cultural heritage, wildlife, and the natural environment while offering a luxurious and authentic visitor experience. This alignment ensures that our project is not just about development, but about sustainable growth and preservation. #32 #33 DEVELOPERS WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 91
100power Hour‘24 CBNME RAVI BHIRANI DR. AHMED MOHAMED SHALABY MANAGING DIRECTOR / ANAX DEVELOPMENTS PRESIDENT AND CEO / TATWEER MISR D escribed as a visionary architect of urban dreams and skylines, Ravi Bhirani serves as the Managing Director of ANAX Developments. With an impressive background in Engineering and Technology, Ravi has held the MD role since 2023, driven by a bold vision to transform Dubai’s real estate landscape. Ravi’s illustrious real estate and construction career began in 2007 when he became Chairman of Hyderabad-based Karan Construction and Development. His journey led him to Dubai in 2014, where he excelled as a Senior Sales Consultant with local real estate agents, establishing himself as a leader in the industry. As the sales consultants’ team leader at ANAX Developments, Ravi oversees strategy, execution, and project performance with unmatched passion and flair. With 15 years of experience in sales, consulting, and directorship, Ravi has sharpened his negotiation, communication, and relationship management skills working with prestigious companies. Ravi is dedicated to delivering excellence to clients and stakeholders. He aims to elevate ANAX Developments to the region’s leading, trusted real estate developer. The company plans to launch four projects in 2024, including its debut project, Vento Tower. Outside of work, Ravi’s interests in a healthy lifestyle, adventure travel, reading, and life coaching bring a dynamic and vibrant energy to everything he does, making him a relatable and engaging professional. D r. Ahmed Mohamed Shalaby, Ph.D., has led Tatweer Misr as President and CEO since 2014, overseeing daily operations, business development, and strategic planning. Tatweer Misr has rapidly become Egypt’s top real estate developer, known for its innovative integrated living. The company excels in construction, design, landscaping, and amenities. Its iconic projects—IL Monte Galala, Fouka Bay, Bloomfields, and D-Bay—embody not just contemporary elegance, but a level of sophistication that captivates the imagination. Through strategic global partnerships, Tatweer Misr continues to inspire change and set regional trends. #35 #34 100power Hour‘24 CBNME 92 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
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100power Hour‘24 CBNME ABDUL RAUF RAZZAK FOUNDER AND CHAIRMAN / RIVIERA GROUP A bdul Rauf Razzak is the visionary Founder and Chairman of Riviera Group, a leading real estate development company renowned for its innovative and luxurious projects. With over four decades of experience in the real estate development industry, Abdul has been instrumental in creating bespoke homes for the residents of Dubai. As an entrepreneur, Abdul began his journey in real estate development in the 1980s in Pakistan, where he created iconic buildings such as West Wind Estates, which shaped the Karachi skyline. Renowned for delivering global projects, Riviera Group brought their characteristic flair and attention to detail to Dubai in 2002. Building on the success of multiple delivered projects, Riviera Group launched La Riviera Tower in Dubai Marina, a 37-storey masterpiece designed by Abdul with his living standards in mind. A unique practice at Riviera Group is that the Chairman and the CEO live in their projects for a few years to understand and improve aspects for future developments. This commitment to thoughtful design ensures that every Riviera property embodies comfort, style, and functionality, reflecting Abdul’s dedication to creating homes that enhance the lifestyle of their residents. Riviera Group’s notable projects include La Riviera Tower, La Riviera Apartments, and the latest launch of Nineteen Riviera Lagoon in Meydan, District 11. #36 94 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
DEVELOPERS At 286.4 meters, the ICONIC Tower will be the tallest structure in Dubai Internet City, a testament to its grandeur. It will feature 310 luxurious apartments and cutting-edge air-conditioned parking boxes designed to enhance convenience, efficiency, and sustainability for residents. The tower will also boast an array of world-class amenities, including a private lounge & dining room, a state-of-the-art gym, a private cinema, an infinity pool, jacuzzi, sauna, ice spa, and more, setting a new standard for luxury living in Dubai. In just six months, MERED has made significant strides, commencing construction and initiating unit sales while nearing the completion of design and contractor procurement. The main construction phase is anticipated to start soon, with unit handover slated for Q3 2027. Diana’s strategic acumen has been instrumental, as evidenced by MERED’s swift approvals from the Dubai Development Authority (DDA) and the Real Estate Regulatory Agency (RERA)—Dubai Land Department (DLD). This rapid progress underscores MERED’s operational excellence and forward- thinking approach. MERED doubled its UAE workforce in the first half of 2024 to support its ambitious growth plans, expanding across critical departments, including operations, business development, design and architecture, sales, and legal. Collaborations with top industry professionals—Pininfarina for architectural and design expertise, Mirage for professional construction design and project management, Omnium for quantity surveying and project management, Hirsch Bedner Associates (HBA) for innovative interiors, and Dutch Foundation & Concrete Processing for engineering excellence—ensure that the ICONIC Tower adheres to the highest standards of quality and innovation. These partnerships, a testament to MERED’s commitment to excellence, allow the tower to stand out in Dubai’s competitive market and set new benchmarks in luxury living. Diana’s vision for MERED is to redefine luxury real estate by positioning the company as a trailblazer in high-end living. She is committed to expanding MERED’s presence in premier markets within the UAE and internationally. Her goal is to establish MERED as a leader in luxury real estate, delivering properties that embody exceptional design and functionality while fostering a profound sense of community. Diana’s approach extends beyond creating opulent residences; it involves developing vibrant environments where residents experience a true sense of belonging and an enhanced quality of life. With the initial success in Dubai as a foundation, Diana is driving MERED’s growth strategy to cement its reputation as a pioneer in luxury living. Her ambition is to position MERED as a distinguished leader in the industry, recognized for its innovative approach and commitment to excellence. D iana Nilipovscaia has emerged as a transformative force in Dubai’s luxury real estate market. With 16 years of experience in real estate development and consulting, she has set new standards for women in property development. As the dynamic CEO of MERED, Diana is at the helm of the company’s flagship project, the ICONIC Tower. The tower showcases the future of high-end living in Dubai, integrating innovative architectural design with modern urban trends to provide an unmatched quality of life and ultra-luxurious amenities. DIANA NILIPOVSCAIA CEO / MERED #37 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 95
100power Hour‘24 CBNME AHMED YUSUF CEO / SEEF PROPERTIES A hmed Yusuf, at the helm of Seef Properties since 2015, has steered the company into new realms of success. Founded by the Bahraini government in 1999, Seef Properties has grown from managing Seef Malls to overseeing a diverse portfolio of state-owned properties. In 2023, the company demonstrated its robust growth and dynamic presence in the real estate market, sparking excitement about its future. A landmark moment came in April 2023, when Seef Properties partnered with the Sunni Endowments Directorate for a significant commercial development. Under Yusuf’s visionary leadership, Seef Properties continues to innovate and expand, solidifying its reputation as a trailblazer in Bahrain’s real estate sector. ALI AL KUWARI CEO / MSHEIREB PROPERTIES E ng. Ali Al Kuwari, CEO of Msheireb Properties since January 2023, has led the company through a transformative year. Under his leadership, Msheireb hosted high-profile events like the 2023 AFC Asian Cup media centre and the 2024 Innovation By Design Summit. The flagship Msheireb Downtown Doha, now home to tech giants like Google Cloud and Microsoft, thrives. Ali also launched innovative projects on Roblox and wellness initiatives at Zulal Resort. His commitment to community and sustainability, as evidenced by the educational campaigns and events like Autism Day he has helmed, has driven significant growth and set new trends in real estate. #38 #39 96 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
FACEBOOK.COM/CBNME @CBNME CONSTRUCTION BUSINESS NEWS ME WWW.CBNME.COM AUGUST 30TH, DUBAI AL HABTOOR PALACE, DUBAI 2024 SUSTAINABILITY Innovation Forum FOR SPONSORSHIP OPPORTUNITIES FOR NOMINATION AND EDITORIAL OPPORTUNITIES JOAQUIM D’COSTA +971 50 440 2706 jo@bncpublishing.net VIBHA MEHTA +971 58 6314145 vibha@bncpublishing.net SARAH SADDOUK +971 55 536 7011 sarah@bncpublishing.net R E G I S T E R N O W Gold Sponsors Silver Sponsor Category Sponsor
100power Hour‘24 CBNME S hubam Aggarwal, an innovative entrepreneur, has transformed Ras Al Khaimah’s Al Marjan Island into a hub for luxury real estate. Alongside his co-founder, Siddharta Banerji, Shubam launched The Luxe Developers to meet the UAE’s thriving economy and growing demand for upscale properties. Their flagship projects, The Celest and The Stellar, set new standards for luxury living, understanding and meeting the needs of the market. Under Shubam and Siddharta’s leadership, The Luxe Developers spearhead the Oceano development, emphasizing privacy and bespoke design elements. The company, unwavering in its commitment to quality, plans to expand its portfolio with new developments across the UAE, with several projects already in the pipeline. SHUBAM AGGARWAL CHAIRMAN AND CO-FOUNDER / THE LUXE DEVELOPERS #40 98 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
CONSULTANTS CONSULTANTS
100power Hour‘24 CBNME CAMPBELL GRAY CEO, MIDDLE EAST & AFRICA / ATKINSRÉALIS C ampbell Gray, the CEO of AtkinsRéalis Middle East and Africa, leads the company’s advisory, design, engineering, and project management services. With over 25 years of experience, he has successfully driven growth and operational excellence at organizations like Currie & Brown and Faithful+Gould. He holds a BSc in Quantity Surveying from Napier University and is a Fellow of the Royal Institution of Chartered Surveyors (RICS). Under Campbell’s leadership, AtkinsRéalis has achieved significant milestones in the past year. The company’s revenue for the Asia, Middle East, and Australia region hit $325.4 million in Q1 2024, marking a 57.2% increase from the previous year. The regional team now boasts over 4,000 employees from 70+ nationalities, with 1,700 new hires in 2023. The company has also been recognized as a Great Place to Work® in the UAE and KSA. AtkinsRéalis has achieved significant growth with 140 new project acquisitions, including major initiatives like The New Murabba, Mukaab, and multiple collaborations with Aldar, enhancing its market presence in the UAE and Saudi Arabia. The company is crucial in developing key infrastructure projects in Saudi Arabia that align with Vision 2030, such as the New Murabba masterplan, King Salman Park, and the Riyadh Metro. Inspired by Riyadh’s harmony with nature, the New Murabba masterplan exemplifies AtkinsRéalis’ dedication to sustainability, user convenience, and walkability. The King Salman Park project involves comprehensive engineering, procurement, and construction services for its district cooling plant, reinforcing its commitment to sustainable initiatives. Additionally, the Historic Jeddah Development Program benefits from AtkinsRéalis’ program management consultancy services, ensuring the preservation of historic buildings. #1 100 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
CONSULTANTS In addition to these projects, the company completed the Abu Bakr Al-Siddiq Road Tunnel, one of the longest tunnels in the Middle East, enhancing traffic flow in Riyadh. AtkinsRéalis also supports Aldar with lead design consultancy and engineering services on various projects, including The Grove and Louvre Residences, further solidifying their position as a key player in the industry. AtkinsRéalis prioritizes excellence in health, safety, and environment (HSE) through initiatives like Safety Week and the Thrive program. Notably, they achieved 10 million safe man-hours on the Abu Bakr Al-Siddiq Road Tunnel project and established new HSE roles in Saudi Arabia and the UAE. The company’s commitment to its people and culture is demonstrated through bespoke training sessions on AI solutions and digital delivery, attended by over 1,000 employees. The regional wellbeing strategy supports employees via awareness sessions and tailored plans. In 2023, AtkinsRéalis earned the Great Place to Work® certification in the UAE and Saudi Arabia, highlighting its positive and inclusive work environment. AtkinsRéalis embeds sustainability in all activities through its regional Sustainability Management Action Plan (SMAP). The company has established local Employee Resource Groups to promote equality, diversity, and inclusion (ED&I). The Saudi Graduate Development Program offers on-the-job learning and development, with over 80 graduates participating. Collaborating with the Abu Dhabi Global Academy (ADGMA) and the Human Resources Authority (HRA), AtkinsRéalis supports the Job Centre Programme, enhancing local capabilities through soft skills development and training. The company has exceeded the mandated percentage of UAE nationals in its workforce, reinforcing its commitment to local talent development. This ensures a diverse and inclusive work environment, strengthens ties with the local community, and contributes to regional growth and development. AtkinsRéalis plans to expand its footprint further in the Middle East and Africa, leveraging its expertise in smart cities and sustainable infrastructure. The company aims to support regional development goals, particularly those aligned with Saudi Vision 2030, by delivering innovative and sustainable solutions. Under Campbell’s leadership, AtkinsRéalis has established itself as a leading consultant in the industry, known for its excellence in project delivery and commitment to sustainability. The company continues setting benchmarks in the construction and engineering sectors, significantly contributing to the region’s infrastructure and development. The New Murabba and the Mukaab masterplanned by AtkinsRéalis AtkinsRéalis will manage engineering, procurement, and construction services for King Salman Park’s district cooling plant WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 101
100power Hour‘24 CBNME JASON KROLL CEO / AECOM ARABIA I n the dynamic field of engineering consultancy, Jason Kroll stands out as a visionary leader. With over 27 years of experience, his career is a testament to his unwavering dedication to excellence and his ability to achieve in complex environments. Since October 2023, Jason has been based in Riyadh, where he serves as Chief Executive Officer of AECOM Arabia and Chief Operating Officer of AECOM Middle East & Africa. Jason’s strategic initiatives are steering the company’s regional operations towards sustainable growth and enhanced client satisfaction. KSA remains a key growth driver within AECOM regionally and globally, and this role builds upon Jason’s continued success in consistently delivering outstanding results within the MEA region over recent years. Jason has been with AECOM for 24 years and has held various leadership positions globally, including in Australia, China, and, for the last 16 years, in the Middle East. Since assuming the CEO role in KSA, Jason has consistently executed a focused strategy centred around People, Clients, and Excellence. Under his leadership, health and safety have been promoted as a shared responsibility, team members have experienced improved technical and career growth, and voluntary turnover has decreased significantly. Strategic partnerships with universities like Tabuk University and clients such as NEOM and the Royal Commission of AlUla have contributed to the growth of the company’s graduate program. In addition, the leadership team was strengthened further through strategic new hires in aviation, rail and delivery excellence. Jason recognises the value of commitment to improved customer experience and consistency in service delivery. AECOM Arabia delivers integrated services across complex projects by leveraging global capabilities and a robust KSA-based team. This includes utilising expertise from AECOM’s Tishman and Hunt groups for vertical and stadium projects within the Kingdom. Furthermore, AECOM advises and actively supports partners in achieving their ESG and broader sustainability goals. Innovation, consistent quality, and uncompromised ethical standards remain at the forefront of service delivery, and the latest digital tools are deployed to measure and manage critical outcomes for clients. AECOM has established itself as one of Saudi Arabia’s leading design and program management consultancies, demonstrating a solid commitment to shaping connected cities and sustainable growth. By working closely with city leaders, AECOM prioritises projects, plans strategically and promotes sustainable growth throughout the Kingdom. The firm’s involvement in flagship programs such as NEOM, the Tatweer Schools Program, and the Haram expansion, along with critical city-wide infrastructure initiatives, #2 102 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
CONSULTANTS highlights its ability to integrate global best practices with local insights. This approach has allowed AECOM to serve various public and private sector clients across Saudi Arabia, instilling confidence in its adaptability and understanding of local needs. In Riyadh, AECOM’s expertise has been crucial in addressing the city’s infrastructure challenges amid rapid population growth. The company’s transformative projects include the modernisation and expansion of King Khalid International Airport, contributions to flagship programs like Diriyah and Qiddiya, and PMO support for crucial ministries, including the Ministry of Municipal and Rural Affairs (MoMRA) and the Zakat, Tax and Customs Authority (ZATCA). In Jeddah, AECOM has implemented vital infrastructure programs, from city-wide stormwater drainage solutions to the delivery of Jeddah International Airport and metro systems. A notable example of AECOM’s impact is its collaboration with Tatweer Building Company on acquiring Facilities Management responsibilities for all public schools in the Kingdom, in partnership with the Ministry of Education. This initiative has significantly enhanced students’ safety and learning environment, particularly in Riyadh’s new communities. These projects exemplify AECOM’s dedication to sustainable growth, urban development, and infrastructure improvement in Saudi Arabia. With Jason in the driving seat, AECOM is focused on several key areas, including transport, aviation, rail, and program management consultancy. The company aims to serve clients and communities by delivering high-quality, sustainable infrastructure projects. This focus aligns with the Kingdom’s Vision 2030, emphasising innovation, sustainability, and improved quality of life for its citizens. A crucial element of the company’s Saudization strategy is the Saudi Graduate Development Program, initiated in 2022, which provides young Saudi professionals with entry-level opportunities. Since Jason’s appointment, the program has expanded significantly, with 115 out of 200 graduates trained under his watch. These graduates are critical in significant projects across NEOM, Al-Dariyah, Alula, and other notable locations. This initiative develops local talent and strengthens AECOM’s position as a leader in industry innovation and excellence. Additionally, Jason recently launched a specifically designed Graduate Technical Training Program, reflecting his strong belief in the power of education and training. Jason’s commitment to education is further evident in AECOM’s comprehensive approach to continuous learning and leadership development, which spans all career levels. Leadership programs such as Alliance, Elevate, and Accelerate, along with robust performance management practices that include regular feedback, goal-setting, and professional development plans, contribute significantly to individual and organizational success. In April this year, AECOM’s Elevate Program marked its first appearance in the MEA region in Riyadh. Elevate is a cornerstone of AECOM’s professional development initiatives. A solid commitment to sustainability, innovation and community impact marks Jason Kroll’s leadership. Under his guidance, AECOM continues to thrive, driving forward projects that align with the ambitious goals of Saudi Vision 2030 and contributing to the region’s sustainable development and economic diversification. Jason’s journey to the top of one of the most influential engineering and construction firms in Saudi Arabia and the region is a testament to his dedication, expertise and the transformative power of innovative leadership. Diriyah, Riyadh, KSA. Here, AECOM is providing an array of services via all business lines WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 103
PRESIDENT & CEO / KEO INTERNATIONAL CONSULTANTS D onna Sultan has been CEO of KEO since 1991, and became President and CEO in 2016. Donna’s leadership has been integral to the firm’s expansion and becoming one of the leading firms in the region. She has fostered and developed the firm’s renowned brand known for design innovation, technical excellence, sustainability practices, local knowledge, and global insights, gaining the highest levels of client confidence and industry respect. In fact, KEO is currently ranked the #1 Firm in the Middle East for four consecutive years and the top 20 non-US PM/CM firms for 20 consecutive years by Engineering News-Record. Under her guidance, KEO has diversified to offer a full range of services, including multi-disciplinary project management, architecture, engineering, and sustainability and digital advisory consultancy. Her strategic vision has also led to the establishment of specialized Allied Practices: InSite, C-Quest, and Black Mule, providing master planning and landscape architecture, cost consultancy, and real estate advisory services respectively. KEO has evolved from a single office to ten offices across the Middle East and Europe, employing 2,600+ staff. Her career spans over 40 years of project delivery experience, during which time she has received numerous awards acknowledging her significant contributions to the industry and navigating KEO as one of the leading consulting firms globally. The latest of which include being listed as #4 in the 2024 CW Power 150 list, Most Influential Consultants; by Forbes Middle East annually including in 2023 as one of the Most Powerful Businesswomen; listed in 2024 as one of the 50 top Women Leaders by Arabian Business; and in 2023 CEO of the Year by CEO Middle East-Property Consultants. The past year has been a year of further growth and accomplishments for the KEO group. Under Donna’s leadership, KEO, together with its branded Allied Practices, achieved various notable milestones that underscore the success of its brand. commitment to excellence, innovation, and sustainability. KEO group achieved 23% growth in DONNA SULTAN 100power Hour‘24 CBNME #3 Emaar’s Golf Heights Tower in Dubai designed by KEO. 104 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
CONSULTANTS revenues and continued its global expansion. The KEO group opened a new Design and Engineering Hub in Aman, Jordan, and expanded its footprint in Europe by opening its 2nd office in Portugal, in Lisbon. A strategic move that enhances its presence and capabilities in the European market. Over the last 12 months, KEO has seen a 40+% increase in revenues year on year from the Saudi Market. Similarly, a 40+% increase in the number of staff in the country in the same period reflects our intent to grow that market significantly. The KEO Group has successfully been awarded numerous new contracts on several giga projects including for Rua Madina, Murabba, NEOM, Qiddiya, Diriyah Gate Development, and Roshn. During this same period, the KEO Group has signed multiple Framework Agreements for different streams of services and with different KSA entities. Within the past year, the KEO group has completed many key projects and achieved significant milestones on major ongoing developments across the GCC, including Saudi Arabia, where, for example, KEO oversaw the substantial completion of infrastructure works for the MASAR mega project in Mecca. In the UAE, KEO Group and offering a comprehensive range of digital advisory services. Thus, positioning the company at the forefront of technological innovation in the construction sector. Within the past twelve months, KEO has been awarded as Digital Design Organization of the Year and Digital Construction Innovator of the Year. KEO, under Donna’s leadership, has a deep commitment to corporate social responsibility initiatives and Gender Equality and Diversity policies as part of its DNA. It has an impressive formal program of ongoing initiatives that include pro-bono KEO’s key achievements and initiatives in the last twelve months highlight KEO’s leadership in the consultancy industry and its commitment to making a positive impact on its clients, communities, and the environment. Under Donna’s leadership, KEO has built a culture of shared success. Investing in its employees, developing team environments committed to excellence, responsibility towards community, health and safety, diversity and inclusiveness, and building a visionary future. Donna’s focus for the future is that KEO continues to foster a culture that values collaboration and creativity, believing that KEO must, at its core, be a creative enterprise. The leadership team of KEO continues to empower employees to bring their best ideas forward and to provide an environment where creative growth can flourish. Other goals for the future include staying committed to continuing to grow in a sustainable and organic manner while having a positive impact on the communities KEO serves. Driving more diversity of services and innovation, expansion of Digital Advisory Services, continuing to invest in cutting edge technologies, and the expansion of KEO Academy to other GCC countries. KEO serves as a consultant to the top property developers on major high-end projects in Dubai and Abu Dhabi. Recognizing the growing importance of digital transformation, Donna guided the establishment of KEO-DAS (Digital Advisory Services), focused on continuing adaptation of disruptive technologies within the services to CURE. org, which operates children’s hospitals, and extensive community engagement activities in all the markets it serves. Last year saw the launch of KEO Academy a paid post- graduate program that opened its first branch in Saudi Arabia. Additionally, KEO has a very active and comprehensive “KEO Core Health Wellness Program” focussed on the well-being of its staff. KEO as PMC saw completion of the infrastructure works for the MASAR mega project in Mecca. InSite completed the master planning and landscape design of Reem Hills Development, Abu Dhabi. WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 105
100power Hour‘24 CBNME ALAA ABUSIAM CEO / EGIS MIDDLE EAST & SOUTH ASIA A laa AbuSiam, a distinguished leader in the construction and engineering sectors, has been at the helm of Egis in the Middle East and South Asia since 2021. In that time, Egis has experienced remarkable growth, solidifying its position as a frontrunner in the industry. Consequently, Engineering News- Record (ENR) has ranked Egis as the 5th-best Middle East engineering firm. Egis Group achieved a turnover of over $2 billion in 2023, representing a 28% increase from the previous year. Today, Egis has more than 19,500 workers and continues to attract top-tier talent worldwide. Under Alaa’s leadership, Egis’ operations in the Middle East saw a substantial increase in turnover, rising by 21% compared to the previous year. In Q1 2024, it achieved a 93% increase in performance compared to Q1 2023, reflecting both the impact of recent acquisitions and organic growth. Strategic acquisitions have been instrumental to Egis’ success. The acquisition of Omrania, U+A and WME has enhanced its architecture and infrastructure engineering services capabilities. Similarly, Waagner Biro Bridge Services and Thomas & Adamson have expanded Egis’ technical capacity and service portfolio, enabling the company to undertake more significant and complex regional projects. Leveraging its expertise in enhancing the built environment, the company has delivered major infrastructure development, transportation and urban planning projects that significantly contribute to the growth of the countries and economies where Egis operates. Notable projects include Etihad Rail Stages 2 and 3 PMC, rail projects in Egypt and India, and high- profile initiatives in NEOM, Qatar, and the UAE. A staunch advocate for corporate social responsibility, Egis is firmly committed to improving quality of life and social and economic development while meeting critical net-zero targets. Under Alaa’s guidance, Egis dedicates substantial resources to combating climate change and promoting biodiversity, as evidenced by its alignment with the Science Based Targets initiative (SBTi) and the UAE Climate-Responsible Companies Pledge. Egis’ sustainability efforts have not gone unnoticed; S&P Global’s Corporate Sustainability Assessment (CSA) named Egis one of the top 20 companies in the construction and engineering category for ESG maturity. Moreover, 46% of Egis’ projects in 2023 were designed with an eco-design approach, with an ambitious goal of achieving 100% by 2030. Under Alaa’s dynamic leadership, Egis continues to set new benchmarks in the construction and engineering sectors. Its focus on innovation, sustainability and client satisfaction ensures that Egis remains a premier partner for complex projects in the region. #4 106 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
CONSULTANTS PAUL HILTON MANAGING DIRECTOR / MOTT MACDONALD - MIDDLE EAST M ott MacDonald has solidified its position as a leading engineering and management consultancy in the primary infrastructure space in the Middle East over the past three years. Their success is evident in the successful delivery of major projects in the energy, water, transport and built environment sectors, a track record that we are proud of and that instill confidence in their capabilities. The changing landscape across the GCC has presented opportunities and challenges for Mott MacDonald to navigate, such as balancing the scale and speed of development in Saudi Arabia and the UAE with slower growth in other nations. Over the past three years, the company has grown its turnover by 60%, advancing profit faster through a greater focus on its best clients and specialist, high-value services. This growth has accelerated as the company secured its role as a strategic adviser and engineering consultant to Saudi Arabia’s groundbreaking giga-projects. Over the past two years, Mott MacDonald’s 800-strong workforce in the Middle East has also undergone a significant transition. The company has focused on recruiting and retaining highly skilled engineering and technical management specialists capable of delivering the most advanced aspects of complex projects in fast-paced markets. The scale and variety of infrastructure projects are creating incredible opportunities for young talent from across the Middle East to gain skills and accelerate career development. Paul Hilton, the managing director for Mott MacDonald’s Middle East business, emphasizes the significant value that nationals from the UAE, Oman, Bahrain, and Saudi Arabia contribute to the company. He underscores that the organization takes the objectives of the Nationalisation Plans very seriously, focusing on genuine integration rather than merely fulfilling quotas. As an employee-owned company, Mott MacDonald considers GCC nationals an essential part of its global family of shareholders. The company is committed to creating opportunities for these individuals to gain valuable experience through involvement in projects that are set to transform the economic and social landscape of their respective countries. In addition, Mott MacDonald is bringing world leading expertise in climate resilient infrastructure, carbon management, environmental stewardship and sustainability services to the Middle East. The company’s proficiency in these areas is helping major public and private sector clients to make significant progress on their pathways towards net zero, instilling confidence in our capabilities and the potential positive impact on the region. These skills add value to infrastructure master planning projects the company’s market-leading land development team delivers. For example, Mott MacDonald is supporting governments and developers in delivering their national housing programmes, improving the quality of life of ordinary citizens and supporting economic and social transformation across the region. Paul has led Mott MacDonald’s Middle East operations since 2022, overseeing an expanding portfolio of significant regional projects. Since joining the global consultancy in 2016, he has worked in Europe, North America, and Asia Pacific, and he is a fellow of the Association for Project Management. #5 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 107
100power Hour‘24 CBNME CHRISTOPHER SEYMOUR MANAGING DIRECTOR, MIDDLE EAST AND AFRICA / MACE GROUP I n January 2024, Christopher Seymour, a seasoned professional with over 35 years of experience in construction, engineering, and consultancy, was appointed as Mace Group’s Managing Director for the Middle East and Africa (MEA). His extensive experience, including more than 15 years in the Middle East with senior roles at Mott MacDonald and Arcadis, makes him the ideal leader to oversee Mace’s operations in the UAE, Saudi Arabia, Oman, Qatar, Egypt, Kenya, and South Africa. Chris focuses on day-to-day operations across Mace’s four service lines: project and programme management, cost and commercial, PMO and planning services, and business advisory. He also develops business plans, meets vital clients, and visits regional teams. Mace has been operating in the MEA region since 1998, with 1,200 staff providing a unique blend of consultancy and hands-on delivery expertise. The company is renowned for pioneering the delivery partner model, which unifies participants around a shared vision and enhances delivery capability. This model was successfully implemented to deliver the infrastructure for Expo 2020 Dubai. Mace continues to provide delivery partner services for megaprojects and programmes in Saudi Arabia and the region, seeing considerable growth opportunities. Mace’s commitment to sustainability is a core part of its business strategy. As a carbon-neutral business since 2021, Mace not only advises and supports clients in reducing their environmental impact but also aims to save 10 million tonnes of client carbon by 2026. The company has already saved or identified more than 1.7 million tonnes of carbon for elimination from client projects, demonstrating its dedication to creating lasting change for the environment, people, and communities. In 2023, Mace surpassed its 2026 value-to-society target of AED 3.3 billion, delivering AED 4.3 billion while maintaining award-winning safety standards and reporting a 0.04 accident frequency rate across its global business. With a focus on sustainable governance, expanding operations, and a growing client base across the MEA region, Mace is committed to driving positive change and better outcomes through every project it delivers, solidifying its status as a leading consultant in the region. 108 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 #6 108 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
CONSULTANTS LEE FRENCH PARTNER AND MANAGING DIRECTOR, MENA / CUNDALL L ee French, the Partner and Managing Director for MENA at Cundall, has played a pivotal role in steering the company’s regional operations. His journey, which began as an apprentice in 2001, is a testament to the opportunities for growth and development at Cundall. With over 24 years of experience in the construction industry, Lee’s leadership has led to significant growth, including expanding offices in Riyadh and Bengaluru and a 64% increase in the overall team to meet the rising demand. Cundall, a globally recognized multi-disciplinary consultancy, is renowned for its sustainable engineering and design solutions across various sectors, including entertainment, hospitality, infrastructure, and workplace design. The company boasts a presence in 27 locations and a team of over 1,200 consulting engineers and designers, offering expertise in more than 20 disciplines, such as structural engineering, civil engineering, building services, and digital engineering. Over the past year, Cundall has achieved numerous sustainability milestones, solidifying its position as a go- to consultancy in the region. The company has delivered significant projects like the Greater Muscat Structure Plan, the Greater Salalah Structure Plan, and the Ibri Structure Plan, aligning with Oman’s Vision 2040. These projects not only demonstrate Cundall’s technical expertise but also its commitment to sustainable development. Additionally, Cundall has garnered project wins from Saudi Entertainment Ventures (SEVEN), reinforcing its reputation as a leading entertainment industry designer in the region. Lee’s strategic vision and dedication to client success have led to continued wins and more complex projects, with Cundall offering a fully integrated Lead Design Consultant approach. His commitment to sustainability is evident through his involvement in Cundall’s Zero Carbon Design 2030 initiative, aiming to achieve zero carbon design on every project by 2030. This initiative underscores Cundall’s investment in enhancing its people’s capability and collaborating with clients and industry stakeholders to advance sustainability. Lee’s forward-looking leadership also emphasizes the importance of digital engineering, supporting talent and R&D to expand knowledge in BIM, parametric modelling, and other platforms. This approach ensures that Cundall remains at the forefront of technological advancements, further cementing its status as a leading consultant in the industry. #7 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 109
100power Hour‘24 CBNME JAMES ALLAN CEO, MIDDLE EAST AND AFRICA (MEA) / JLL J ames Allan, the CEO of JLL Middle East & Africa (MEA), is a seasoned real estate professional with over 20 years of industry experience. His strategic vision and expertise have been instrumental in guiding JLL’s regional operations, which now span nine cities, including Dubai, Abu Dhabi, Riyadh, Jeddah, Al Khobar, Cairo, Casablanca, Johannesburg, and Nairobi, employing over 1,900 professionals. Under his leadership, JLL has seen substantial growth and success, achieving a remarkable 24% increase in revenue in 2023 from the previous year. Under James’s leadership, JLL has achieved significant milestones. The company has consulted on development projects worth over US$560 billion, managed 813,000 sqm of assets, and transacted over 100,000 sqm of office and industrial space. Additionally, JLL advised on 375 hospitality assets valued at US$65 billion and completed US$200 million in hotel transactions. The company’s advisory services covered properties worth over US$110 billion and facilitated transactions exceeding US$1.1 billion across various asset classes. Looking ahead, JLL’s vision for 2024-25 is ambitious and forward-thinking. It focuses on expansion in core and emerging markets, integrating technological advancements, and empowering its workforce through robust talent retention programs and DEI initiatives. This commitment to innovation and excellence, led by James, ensures that JLL remains a leading force in the real estate industry, providing top-tier services and fostering growth in the dynamic MEA markets. #8 110 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
CONSULTANTS JOHN WYLES COUNTRY MARKET DIRECTOR / RAMBOLL J ohn Wyles, Country Market Director – Buildings for Ramboll in the Middle East, combines over three decades of regional experience with international expertise from Denmark and the UK. His leadership drives Ramboll’s sustainability and innovation, keeping the company at the industry’s forefront. Ramboll fosters a collaborative culture, engaging in conferences and workshops to align their innovative solutions with the latest industry insights. In the Middle East, Ramboll provides sustainable design solutions across building services, structural engineering, and specialist services, focusing on high-rise and complex buildings. John and his team are dedicated to creating a more sustainable and resilient built environment that will benefit both present and future generations. SAM GRAHAM MANAGING DIRECTOR / RIDER LEVETT BUCKNALL (RLB) S am Graham, Managing Director at Rider Levett Bucknall (RLB), has been instrumental in driving the company’s sustainability and project management growth. Under his leadership, RLB has expanded its Project Management arm and Built Asset Consultancy, and launched regional sustainability services to measure and reduce carbon footprints. Sam’s oversight extends to a colossal project backlog worth $100 billion, covering an impressive 1.2 billion square metres across 15 sectors. In 2023, Sam, with his strategic vision, led RLB to achieve carbon-neutral accreditation in the UAE and Qatar, a significant step towards the company’s ambitious net-zero goal by 2030. His CSR initiatives, including supporting construction labourers during Ramadan, organising sports events to promote mental wellness, and conducting environmental clean- ups, reflect his commitment to a sustainable future. As a regular speaker at industry events, Sam is a catalyst for collaboration and innovation in the construction sector. #9 #10 CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 111
100power Hour‘24 CBNME ALAN TALABANI REGIONAL MANAGING DIRECTOR / TURNER & TOWNSEND W ith over 25 years of strategic leadership at Turner & Townsend, Alan Talabani has been a driving force in expanding the firm’s presence in the Middle East. Since assuming the role of Regional Managing Director in 2017, he has been pivotal in growing the workforce from 340 to over 1,000 employees across key markets such as the UAE, Qatar, and Saudi Arabia. Alan’s strategic acumen has led to a 20% increase in turnover and a 30% expansion in team size over the past year alone. His vision has been particularly impactful in Saudi Arabia, where he has driven an 88% growth, including establishing a new hub in NEOM, employing over 60 staff members. Alan’s dedication to the region’s growth is not only reflected in his oversight of numerous high-profile projects but also in Turner & Townsend’s commitment to sustainability. The firm has diversified its services into sectors such as renewables, power, telecommunications, and culture and is a proud member of the Emirates Green Building Council, aiming for Net Zero by 2040. Alan’s leadership in this area earned him the ‘Executive of the Year’ award at the 2022 Middle East Consultant Awards, a testament to his significant industry contributions and the company’s inspiring values. Turner & Townsend’s projects in the Middle East are unmatched globally in size and scale, with current engagements valued in the billions. The firm’s work in Saudi Arabia is particularly noteworthy, encompassing 14 giga projects that align with rigorous sustainability standards. These projects involve long-term collaborations with government and private sector clients, including key partnerships with NEOM, Diriyah Company, Public Investment Fund, Red Sea Global, King Salman Park Foundation, Misk Foundation, and ROSHN, underscoring the company’s commitment to sustainable development. In the UAE, Turner & Townsend focuses on sustainability across various projects. Notably, the firm has completed commercial PMO and operational readiness projects for the new Midfield Terminal at Zayed International Airport, one of the most significant terminal buildings in the world. Designed to achieve the Estidama 3 Pearls rating for sustainability, this mega structure is poised to enhance Abu Dhabi’s tourism and trade, further solidifying Turner & Townsend’s reputation as a leader in creating sustainable cities and communities across the region. #11 112 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
CONSULTANTS DMITRI JAJICH GLOBAL DIRECTOR OF STRUCTURES / KPM D mitri Jajich, the Global Director of Structures at KPM, brings over 24 years of distinguished experience from SOM, where he played a pivotal role in shaping iconic projects like Dubai’s Burj Khalifa. With a deep foundation in structural engineering, Dmitri is set to lead KPM’s architectural and engineering excellence, particularly in the Middle East. At SOM, Dmitri collaborated closely with famed structural engineer William Baker, mastering the art of tall building design, wind engineering, and long- span structures. His work is marked by a deep commitment to sustainable solutions, meticulously crafted details, and a harmonious blend of structural integrity and aesthetic elegance. Known for his perfectionist approach, Dmitri integrates academic rigour with innovative practices, minimising embodied carbon and optimising materials for maximum efficiency, inspiring a hopeful future for engineering. Dmitri’s portfolio is a testament to his ability to push engineering boundaries, featuring projects such as the Burj Khalifa, Cayan Tower, Karlatornet in Sweden, and Manhattan Loft Gardens in London. His focus on buildability and efficiency ensures that his designs are groundbreaking but also practical and cost-effective. At KPM, Dmitri is poised to enhance the global Structural Engineering department, with a particular emphasis on the Middle East and UK markets. His leadership is expected to drive innovative, elegant, and ambitious engineering designs, reinforcing KPM’s position as a global leader. Dmitri’s professional credentials, including memberships with MIStructE and LEED Green Associate, underscore his dedication to sustainability and excellence, making his appointment a significant and optimistic step in KPM’s expansion strategy. #12
100power Hour‘24 CBNME LUKE SOMERVILLE CO-FOUNDER & VICE PRESIDENT / COMPASS PROJECT CONSULTING L uke Somerville, Co-Founder & Vice President of Compass Project Consulting, has been pivotal in steering the company to become a leader in delivering transformative projects across various sectors since its inception in 2014. He oversees all business operations, refining technical systems and procedures while leading a team of over 250 professionals across six regional offices. Under the strategic leadership of Luke Somerville, Compass has experienced substantial growth. This growth is evident in the notable increase in revenue and workforce expansion. The company has diversified its services, particularly in Construction Management and Supervision.Compass is making significant strides by diversifying its services, particularly in turn-key Construction Management solutions, and is now deeply involved in major projects across Saudi Arabia and the UAE. Their group expertise spans key sectors, including hospitality, retail, workplace, and mixed-use developments, as well as PMO services. The groups homegrown market presence reinforces their commitment to delivering comprehensive, end-to-end solutions that meet the evolving needs of clients. T alal Shair is the Chairman and CEO of Dar Al-Handasah, one of the most renowned engineering and architectural consultancy firms in the Middle East. Under his leadership, Dar Al-Handasah has continued to flourish as a global leader in design and project management. With a deep commitment to innovation and sustainable development, Talal has overseen the execution of landmark projects that have shaped infrastructure across the globe, particularly in the MENA region. His strategic vision and emphasis on quality have solidified Dar Al-Handasah’s reputation as a trusted partner in the industry, driving the company to new heights in its ongoing mission to create transformative and enduring solutions in architecture and engineering. TALAL SHAIR CHAIRMAN AND CEO / DAR AL-HANDASAH #13 #14 114 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
CONSULTANTS NIMA ALBORZ EXECUTIVE DIRECTOR & FOUNDING MEMBER / SIE CONSULTANTS U nder the visionary leadership of Nima Alborz, the Executive Director and Founding Member, Studio International Engineering Consultants has experienced remarkable growth. The company, which started with a handful of employees, now boasts a workforce of over 400 and has successfully delivered more than 240 projects in the past decade. Some of the noteworthy projects overseen by Nima Alborz include the Bab Samhan Hotel in Riyadh, Maersk Logistic Park in Jeddah, Palm Jebel Ali Villas in Dubai, Ghaf Woods in Dubai, One B Tower in Dubai, and SHA Emirates Island in Abu Dhabi. These projects, which have collectively generated over AED120 million in revenue, are a testament to SIEC’s proficiency in managing large-scale projects. SIEC’s current portfolio is a testament to its adaptability and expertise, with over 20 projects in various fields. This diverse range of projects, from commercial to residential, demonstrates the company’s versatility and its ability to tackle complex design and engineering challenges with equal proficiency. Additionally, SIEC’s commitment to Emiratisation is a cornerstone of its operations. By promoting the inclusion of local professionals in the workforce and providing training programs to develop future leaders, the company is not just nurturing talent but also fostering professional growth in the industry. This emphasis on training and development is a reflection of SIEC’s dedication to the local community and its role in shaping the future of the industry. Under Nima Alborz’s guidance, SIEC has achieved significant business growth and demonstrated a strong commitment to community engagement and sustainability. The company’s dedication to emiratisation, fostering local talent, and promoting professional growth in the industry is a testament to its values and long-term goals. #15 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 115
100power Hour‘24 CBNME MATTHEW SQUIRES SAEED AL ABBAR CHRISTOPHER NICOLAS CEO / SSH CEO / AESG DIRECTOR - MIDDLE EAST / TBH M atthew Squires, CEO of SSH, has significantly strengthened the company’s position as a premier architecture and engineering consultancy across the Middle East and Africa. Since joining SSH in 2013, Matthew swiftly became Chief Operating Officer, overseeing global operations across key divisions and driving the company to win multiple awards. As appointed CEO in 2017, Matthew has focused on building a sustainable business and laying solid foundations for future growth within the GCC and beyond. His leadership has consistently positioned SSH as a trusted partner in key markets. SSH, founded 63 years ago, now operates ten regional offices, continuing its legacy under Matt’s guidance. S aeed Al Abbar, CEO of AESG, has propelled the firm into a leading international consultancy specializing in sustainability. Under his leadership, AESG achieved a 46% revenue growth in 2023, securing key contracts worth over $54.4 million. The firm’s expansion, which included acquiring UK- based SGW and opening an office in Sydney, is a testament to our global reach and ambition. With a focus on digital innovation and sustainability, Saeed’s leadership is pivotal in advancing AESG’s role in mega projects like Neom and The Red Sea, positioning the company as a leader in sustainable development and advisory services. C hristopher Nicolas, with over 25 years of experience in construction, has established himself as a key industry leader, frequently participating in regional events and advocating for equality, diversity, and inclusion (ED&I). Under his leadership, TBH has solidified its position as a global market player, expanding its services and achieving a remarkable 150% increase in revenue over the past year. The Middle East now ranks as the second-largest profit centre for TBH. Christopher has also expanded TBH’s client base, particularly in claims and dispute resolution, securing multimillion-dollar settlements on significant projects in Saudi Arabia and the UAE. #16 #17 #18 116 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
CONSULTANTS MICK CAIRNS MARCO FAHD CEO / BLACK & WHITE ENGINEERING GROUP CHAIRMAN AND CEO / VERSATILE GROUP M ick Cairns, the CEO of Black & White Engineering, has been pivotal in steering the company towards global success through a culture of innovation, sustainability, and excellence. Under his leadership, Black & White has expanded its international footprint and adopted a unique 100% staff- owned model, which fosters collaboration and inclusivity. The company’s recent strategic partnership with Waterland Private Equity has enabled rapid growth through geographic expansion and key acquisitions. Black & White is committed to achieving net-zero carbon emissions by 2030, focusing on reducing carbon footprints and optimizing resource use. Their adaptability shines through in a diverse project portfolio, from high-rises to data centers, reflecting their expertise across sectors. In addition to its project work, Black & White emphasizes developing future engineering talent. The company has established a Global Academy, offering comprehensive technical and soft skills development, and a Global Graduate Pathway program, which combines formal development and mentoring. This investment in people ensures that Black & White continues to set industry standards, delivering exceptional solutions and consistently exceeding client expectations. M arco Fahd, the Group Chairman and CEO of Versatile Group, has emerged as a prominent leader in the global construction industry, with over 20 years of experience shaping a diverse portfolio of businesses within the construction supply chain. His strategic vision has propelled the Australian-born conglomerate into a global powerhouse, notably expanding its presence in the Middle East. The Versatile Group, a private construction company, operates eight integrated businesses, including Versatile International, a leading stone project management consultancy founded in 2019, and Asheil, a new LED lighting technologies firm in Saudi Arabia. Versatile International focuses on quality and client satisfaction, managing large-scale developments by mitigating supply chain risks and ensuring top-tier procurement and installation. Since 2020, Versatile International has been advising the Diriyah Gate Development Authority, serving as the exclusive stone specialist on over 50 projects, including public spaces, heritage centers, luxury hotels, and residential complexes in Diriyah, reinforcing its reputation as a trusted partner in high-profile developments. #19 #20 CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 117
SUB-CONTRACTORS SUB-CONTRACTORS
100power Hour‘24 CBNME NATHAN HANNS MANAGING DIRECTOR / ALEMCO W ith over 23 years of experience and a proven track record in leading high-profile projects in the region, Nathan has established himself as a cornerstone of the regional MEP industry. His distinguished career is marked by exceptional leadership, consistently guiding high- performing teams to achieve outstanding results. Nathan’s expertise goes beyond driving efficiency and productivity; it is also deeply rooted in his unwavering commitment to service excellence. His client-facing skills and adeptness at configuration are a testament to this dedication, ensuring that our partners receive the highest quality of service. One of Nathan’s most notable strengths is his ability to nurture and expand businesses. He has a keen eye for evaluating opportunities and risks and excels at delivering innovative solutions to complex challenges. Under his leadership, ALEMCO has not only pioneered modular MEP solutions in the Middle East but has also become the preferred MEP partner for large- scale luxury hospitality projects in remote locations across Saudi Arabia. This initiative aligns perfectly with the company’s focus on expanding its presence and business in the kingdom, setting a new industry benchmark. Nathan also places a strong emphasis on the environmental impact of construction activities. Under his leadership, ALEMCO has developed a comprehensive Environmental, Social, and Governance (ESG) framework, reflecting his commitment to sustainability and strategic foresight. This framework, along with the company’s updated sustainability reporting structure, has enabled ALEMCO to establish a solid carbon baseline across its operations and projects. These efforts were highlighted in the ALEC Group’s inaugural ESG report, published late last year, demonstrating Nathan’s dedication to driving sustainable practices within the industry. #1 120 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
CONSULTANTS BAHAA BADAWIYEH CEO / MENASCO U nder the astute leadership of CEO Bahaa Badawiyeh, MENASCO Electromechanical Contracting has solidified its position as a premier MEP contractor known for its innovative engineering solutions and commitment to excellence. The company’s comprehensive service offerings encompass mechanical, electrical, plumbing, HVAC, firefighting, and ELV solutions, making MENASCO a formidable player in the industry. In the past year, MENASCO has strategically expanded its operations by establishing branches in Saudi Arabia and Egypt. This strategic move has significantly broadened its regional reach and market influence, instilling confidence in potential clients about the company’s growth trajectory. The expansion has opened new avenues for growth and allowed MENASCO to tap into emerging markets with substantial opportunities. One of the standout achievements during this period is the acquisition of a prestigious contract for the tallest residential clock tower in the world, showcasing MENASCO’s capability to handle large-scale, complex projects with precision and quality. MENASCO’s successful business strategies have resulted in a remarkable 300% increase in revenue over the past year, underscoring the company’s strong market presence and ability to exceed client expectations. This exponential growth is a testament to Badawiyeh’s leadership and unwavering focus on delivering top-tier projects. In addition to its business achievements, MENASCO has embraced several Corporate Social Responsibility (CSR) initiatives. These initiatives, which include charitable contributions, reducing the company’s carbon footprint, and promoting diversity, equality, and inclusion within the workplace, reflect MENASCO’s commitment to ethical practices and environmental stewardship. As MENASCO continues to flourish, it remains steadfast in its commitment to engineering excellence and delivering unparalleled client satisfaction. With an unwavering focus on setting new standards in the MEP contracting industry, the company’s future is poised for continued success, as it consistently pushes the boundaries of innovation and quality in every project it undertakes. #2 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 121
100power Hour‘24 CBNME K. JACOB JOHN CHIEF EXECUTIVE OFFICER / AG ENGINEERING AND POWER CONTRACTING J acob John is the Chief Executive Officer of a cluster of companies ranging from Construction to Manufacturing, including AG Engineering, AG Power, AG PCS Switchgear, AG Metal Industries, AG Facades, AG Contracting and Al Ghurair Construction (Aluminium). In this role, Jacob is responsible for leading these various businesses and overseeing the complete operations in accordance with Al Ghurair Investment’s overall strategic plans. With over thirty-eight years of industry experience, Jacob was appointed at Al Ghurair in early 2017, with a responsibility to develop the various businesses from their very grassroots. In line with the Group’s overall pursuit of better, Jacob’s mission is to strategically build companies that offer reliable, sustainable, innovative engineering solutions to the infrastructure industry; maintaining the highest standards in Quality, Health, Safety, Wellbeing and Environment; and preserving the core values of the founding family. Prior to joining Al Ghurair, Jacob worked for over 26 years with the Mechanical and Engineering (M&E) division of one of the largest construction conglomerates in the region, ETA. He held a range of senior positions including General Manager from 2004, to Chief Operating Officer for its M&E Division operations across MENA region. Jacob also served as a Member of the Board of Directors of a Joint Venture (JV) between Al Ghurair and Hitachi, called HI-STAR Water Solutions, that specialises in Water and Wastewater Management Services. Before moving to the UAE in the year 1990, Jacob spent over five years working with several large corporations in India, undertaking large turnkey industrial (cement, yarn and steel) and high- voltage power station construction projects. Jacob graduated as an Electrical and Electronics Engineer from India and completed his ‘General Management Programme’ at the prestigious business school National University of Singapore. He is also an Accredited Tier Specialist from the Uptime Institute, USA. AG Engineering and Power Contacting is a specialised building services and infrastructure projects company that has successfully executed major iconic projects across the Middle East, establishing an impeccable track record over the last four decades. With a broad range of capabilities, AGEPC has delivered projects in aviation, transportation, healthcare, hospitality, retail, education, and industrial facilities. The company has received numerous awards, including the Sheikh Khalifa Excellence Award, Dubai Quality Award and the Sword of Honour from the British Safety Council. #3 122 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
A. R. Suresh Kumar, Head of International Operations Business Group at Voltas Limited, leads the company in delivering cutting-edge engineering solutions. Under his leadership, Voltas has solidified its position as a leading subcontractor and MEP (Mechanical, Electrical, and Plumbing) contractor across India and the GCC. The company is particularly renowned for its involvement in major projects like the Burj Khalifa and other iconic structures, where they have provided specialized services that are integral to the success of these developments. Voltas consistently adopts modern engineering practices, focusing on process improvements, automation, and digital transformation to enhance project efficiency and quality. Their Dubai facility exemplifies this commitment with advanced prefabrication modules, real-time project tracking, and an emphasis on sustainable practices. This dedication to innovation and sustainability reinforces Voltas’ reputation as an industry leader and cements its role as a top-tier subcontractor, trusted to deliver complex, high-quality projects on time and within budget. B asheer Massad, the General Manager of BK Gulf, a leading mechanical, electrical, and plumbing (MEP) contractor in the Middle East, is known for his hands-on approach. With extensive experience in the construction industry, Basheer has been instrumental in driving the company’s growth and maintaining its reputation for excellence in delivering complex projects. Under his leadership, BK Gulf has remained a key player in the region, and it is known for its high-quality standards, safety, and innovation. His strategic vision and hands-on approach have ensured that the company remains at the forefront of the industry, successfully managing large-scale projects that contribute to the development of infrastructure across the UAE and beyond. SUB - CONTRACTORS A.R. SURESH KUMAR BASHEER MASSAD HEAD INTERNATIONAL OPERATIONS BUSINESS GROUP / VOLTAS LIMITED GENERAL MANAGER / BK GULF #4 #5 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 123
100power Hour‘24 CBNME M ichael Ghanem, Managing Partner of LASCO JV Six Sigma (SSG), leads a trio of companies: LASCO JV SSG, LASCO Engineering Services, and FROST General Trading, the exclusive Daikin dealer in Abu Dhabi. Under his leadership, these companies have seen remarkable success over the past year. LASCO JV SSG, a leading MEP subcontractor, recently completed the WTB Sky Light project, the largest air-conditioned glasshouse in the world. Spanning 15,000 m², this massive structure features the world’s most extensive single-zone cooling system, using 12 chillers and a substantial substation to provide 3,300 tons of cooling. LASCO Engineering Services has made significant strides with projects like Green Riyadh and King Salman Park, which will be the world’s largest urban park. These achievements highlight the company’s expertise in sustainable urban development. Under Michael’s leadership, the firm has also completed vital projects such as the SS DXB Sky Light, ADNOC Qushawira Accommodation complex, and various high-profile VVIP initiatives, showcasing its diverse and impactful portfolio. S ahul Hameed, the General Manager at Bin Dasmal Engineering Technologies and Management Co. LLC (BETAM) in Dubai, is a seasoned professional with over 33 years of expertise in the MEP and Construction sectors across the Middle East and India. His extensive experience and strategic vision have positioned BETAM as a leading player in the MEP industry, known for its focus on sustainable engineering solutions. The company provides a range of services, including building contracting, MEP installations, and energy- efficient retrofits, all with a strong emphasis on eco-friendly materials and technologies. Sahul Hameed’s strategic vision has positioned BETAM as a leader in innovative, sustainable solutions in the construction sector. MICHAEL GHANEM SAHUL HAMEED MANAGING PARTNER / LASCO JV SIX SIGMA (SSG) GENERAL MANAGER / BETAM #6 #7 124 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
W ith more than 30 years of experience as a senior executive in construction and the formwork and scaffolding industry, Ralf Bürger, Regional Director at Doka for the Middle East & Africa, has held significant leadership roles at Doka across Qatar, Germany, and the Asia-Pacific region before stepping into his current position as Regional Director for the Middle East and Africa. He is a proven leader with a strong track record and places a high value on cultivating an organizational culture that drives performance excellence. Ralf notes that the construction industry in the Middle East is experiencing positive trends bolstered by substantial investments across various sectors. The Gulf States, particularly Saudi Arabia and the UAE, are at the forefront of driving significant construction projects. In Africa, the construction sector is also gaining momentum, especially in renewable energy and affordable housing, despite facing challenges due to political and economic instability in certain regions. Overall, the future of the construction industry in the Middle East and Africa looks promising, fueled by strategic investments and comprehensive development plans. The key to this promising future is the embrace of technological advancements, which is crucial for sustainable growth and success. By introducing Doka’s advanced technologies, which prioritize safety, efficiency, and sustainability, the region is not just moving towards creating smarter cities and infrastructure but also inspiring stakeholders to contribute to a brighter future. Rooted in Austria and having a history spanning over 150 years, Doka has evolved from its family business origins into a global leader in the formwork and scaffolding industry. Despite its expansion into a multinational powerhouse, Doka has preserved the core values of its family business heritage while continuously innovating with specialized engineering and advanced products. These innovations are designed to enhance efficiency and innovation and uphold a steadfast commitment to a sustainable, net-zero future. Sustainability is deeply embedded in Doka’s ethos. The company actively works to reduce its environmental impact and champion responsible construction practices. With the ambitious target of achieving net-zero emissions by 2040, Doka sets the industry standard, particularly by offering transparency into the carbon footprints of its products, enabling customers to make informed, eco-friendly decisions. Innovation drives Doka’s operations, exemplified by its in-house digital sensor technology, Concremote, which optimizes construction schedules by tracking concrete maturity. This culture of innovation extends beyond products to encompass Doka’s engineering expertise, ensuring tailored solutions for every project while maintaining a focus on safety and efficiency. As part of the successful Umdasch Group, Doka blends the traditions of its family business roots with the agility and forward-thinking of a technology-driven enterprise. The company continuously seeks to enhance its processes through innovation, collaboration, and a commitment to excellence. SUB - CONTRACTORS RALF BÜRGER REGIONAL DIRECTOR / DOKA - MIDDLE EAST & AFRICA #8 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 125
100power Hour‘24 CBNME SAM ALCOCK DIRECTOR – DUBAI / TENABLE FIRE ENGINEERING CONSULTANCY S am Alcock, Director of Tenable Fire Engineering Consultancy (FEC) in Dubai, has been pivotal in driving the company’s growth, particularly in Saudi Arabia. In the past year, Tenable FEC saw a 20% revenue increase, driven by high-profile projects across Saudi Arabia, Oman, the UAE, and West Africa. The company has also expanded its presence in key markets, including KSA, Malaysia, and India, and strengthened its brand with a new marketing role, reflecting a strong growth trajectory. Under Sam’s leadership, Tenable FEC has delivered specialized fire engineering services to renowned landmarks like Gidori Neom, Nobu Hotel and Residences RAK, Clock Tower Mekkah, and Nobu Restaurant in Atlantis. The company has also been involved in ambitious projects with clients like DGCL, Red Sea Global, and Neom. Sam’s strategic measures, such as a detailed project management guide and a reward scheme for certifications, ensure project success and client satisfaction while fostering professional growth within his team. Tenable FEC’s close collaboration with authorities in shaping fire codes further solidifies its leadership in the industry. In 2023, the company secured the prestigious Construction Innovation Award for fire safety consultancy, underscoring Sam’s influence. Looking ahead, Sam is focused on expanding the company’s presence in KSA and solidifying Tenable FEC’s position as a global leader in fire engineering consultancy. #9 126 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
SUB - CONTRACTORS AARON HENNESSY GROUP MANAGING DIRECTOR / DOUGLAS OHI A aron Hennessy, the Group Managing Director of Douglas OHI, has played a pivotal role in the company’s strategic vision and operations across the Middle East since January 2014. His 27 years of experience in the construction and engineering sectors have been instrumental in leading the company to excellence, safety, and sustainability. His leadership, marked by a commitment to innovation, has been key to the successful delivery of complex projects. Under Aaron’s guidance, Douglas OHI has become a leading construction and engineering group with a strong presence in Oman, Saudi Arabia, and the UAE. The company excels in significant projects across various sectors, including oil and gas, industrial plants, infrastructure, hospitality, and tourism. Their commitment to safety, quality, and environmental performance has been a cornerstone of their operations, ensuring efficient and cost-effective project delivery. Noteworthy projects include constructing temporary office facilities and utilities for the Ghubrah 3 Desalination Plant in Muscat, Oman, and civil works at the Shuweihat 4 Reverse Osmosis Seawater Desalination Plant in Abu Dhabi, UAE. These projects underscore Douglas OHI’s dedication to shaping the future of construction in the region through innovation, collaboration, and community engagement. #10 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 127
ARCHITECTS ARCHITECTS
100power Hour‘24 CBNME IGNACIO GÓMEZ GLOBAL DESIGN PRINCIPAL / AEDAS I gnacio Gómez, Global Design Principal at award- winning architecture firm Aedas, is a visionary known for his designs based on extensive research, regional understanding, and attention to genius loci - an approach that places at the centre the people, culture, history, environment, tradition, society and economics of a place. He has been in charge of several significant projects at Aedas, spanning a wide range of sectors such as hotel, commercial and residential, retail and transportation, civic and cultural, sports and leisure, education, and healthcare. He has also been instrumental in establishing the overall design direction of the practice in the Middle East, mentoring a multicultural team of creatives in the firm’s offices in Dubai and Abu Dhabi. By crafting a compelling storyline and combining it with cutting-edge technologies to push the frontiers of what is possible in architecture, Ignacio’s approach has led to pioneering work, making Aedas a force to reckon with in the Middle Eastern architectural scene. Ignacio has led milestone projects such as the Dubai Metro Expo 2020 line, SLS Dubai Hotel & Residences, W Hotel Mina Seyahi, and ENOC Mobility Station. Exciting new projects under development include the Red Palace, a reimagination of Riyadh’s historic palace into a six-star boutique hotel, and NEOM’s futuristic ski resort Trojena Ski Village. Ignacio began his career in Madrid. He later moved to Barcelona, where he worked for over two years on the New City of Justice, a project that won the prestigious RIBA Award in 2010. During his tenure, his diverse portfolio included Torre Agbar commercial tower, designed by Pritzker Prize winner Jean Nouvel, and America’s Cup Foredeck Building designed by David Chipperfield. Before his current role at Aedas, Ignacio was Design Director at Godwin Austen Johnson, where he led the design of #1 130 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
ARCHITECTS Al Seef project in the historical part of Dubai Creek and Phase 1 of the Kingdom Tower Master Plan. Widely acclaimed for his work, Ignacio has won several awards including Young Architect of the Year at the Middle East Architect Awards 2010 and Best Residential Project of the Year for Red Sea Riviera Master Plan, Cityscape Global Awards 2011 for Diplomatic Quarter Celebration Hall, and Best Hospitality project for The Chedi Khorfakkan at Middle East Architect Awards 2012. His work has been featured in Fisuras Magazine, Future Architecture Magazine, Via Arquitectura, 2A, Dezeen, and Archidaily to name a few. Ignacio’s commitment extends beyond design; he aims to create lasting impacts in both architecture and the region. He dedicates his efforts to mentoring young local architects, encouraging them to think creatively and explore new ideas. He also collaborates as a guest critic at different Universities and has been part of key design conferences in the MENA region such as the World Architecture Congress in Dubai, Architectural Design Days in Riyadh, DesignMENA Summit, Cityscape Global Conference, and Leaders of Architecture. More recently, he has also been named one of the most influential architects in the Middle East by Construction Week and Design Middle East and has been on several architecture and design power lists. Under Ignacio’s leadership, Aedas is poised to respond to the region’s rising demand for innovative design solutions through the firm’s tailored regio-cultural methodology that not only distinguishes the firm within the competitive architectural landscape but also resonates with clients seeking solutions that go beyond have and will always be incredibly powerful sources of inspiration, and with the economy and world heading into unknown territory, architects can and should play a part in the role of imaginary landscapes and stories. The architect must be able to create non-fiction from fiction. Then the work becomes an active entity in the imaginations of society -- a type of fable or myth. The source becomes less important, even obliterated, and what counts more is the way the story or the building or the city lives on in collective memory.” mere aesthetics. Commitment to thoughtful and culturally sensitive design combined with a proactive approach to innovation and technology are the two guiding principles that allow Aedas to forge ahead by creating architecture that is regionally relevant and adaptive whilst staying at the forefront of design. Ignacio says: “Virtual and fictional narratives The Red Palace courtesey of the Botique Group Rixos Residences, Dubai WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 131
100power Hour‘24 CBNME JOE TABET FOUNDER & MANAGING DIRECTOR / JT+PARTNERS J oe Tabet is an innovative visionary architect wearing different hats, with over 20 years of professional experience in the worldwide architecture and construction industry. Joe founded JT+Partners in 2015, starting with a handful of staff in a 100sqm office in Business Bay, Dubai. The company became an “overnight success,” earning recognition as an acclaimed international multidisciplinary consultant with impressive projects located in global destinations. In the span of seven years, despite economic slumps and pandemic challenges, Joe persevered, formulated a vision/mission, planned everything around the future—from business strategy to financial situation—and started exploring work in different geographies and other sectors like healthcare. Subsequently, JT+Partners grew to more than twice its original size. His initial staff grew to more than 125, the Dubai headquarters extended to 1000sqm, and the company moved into Abu Dhabi and Beirut. He creates buildings and communities that transcend design and encompass social and environmental issues. Joe, JT+Partners, and its projects received awards and recognitions from Cityscape, MEA, Arabian Property, UAE Business Awards, and UAP Dubai. Recent completed projects include hotels in RAK, Seychelles, and Egypt. Ongoing and upcoming projects include residential towers and villas, hotels, resorts, golf courses, waterparks, and hospitals in Abu Dhabi, Dubai, RAK, Sharjah, Egypt, Greece, and KSA. Always alert to the latest trends and with eyes toward the future, he pushes his staff to look at innovation, the Internet of Things, digital twin, 3D printing, and #2 132 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
modular construction, and invests in the newest multimedia technology and up-to-date state-of-the-art tools. Joe took advantage of the region’s multi-skilled resources, hiring people from multiple cultural backgrounds, including over 15 different nations with diverse professional expertise. Thus, JT+Partners has an energetic, collaborative, and creative team of innovative individuals with their fingers on the pulse of global architecture and construction, from cutting-edge technologies and trends to oldest traditions, producing bespoke designs that reflect diversity in culture, experience, and understanding. Joe is a firm believer in applying innovation at different levels: design, business, client approach, project approach, and support team. He uses “unconventional” management strategies for JT+Partners to sustain its reputation as a world- renowned consultant, delivering iconic, environmental, and socially sustainable projects worldwide while retaining and expanding his clientele and contacts. A talented, insightful, and creative architect, he has the gift of being able to understand, and interpret local cultural requirements/aspirations, and reflect all these into cost-effective building design solutions. Proactive in his commitments to CSR, Joe is heavily involved in raising awareness of sociable/sustainable communities, giving his team good health/financial benefits, fostering future generations, architects. He achieved success through his innovative ideas in design and management, creativity to think outside of the box, and being a flexible and adaptable visionary. To be ranked amongst the most powerful architects and influencers in the region is an honor for Joe. conducting business ethically/fairly, and supporting worthy causes. Outside of the practice, he attends international industry-related exhibits, actively participates in university lectures/ panel discussions, and grants interviews to share his knowledge, experiences, and viewpoints. Joe is an inspiration to designers and ARCHITECTS Designed by JT+Partners, the largest Hampton by Hilton in the world has opened its doors. Situated on the beachfront of Al Marjan Island, the 515 key project has a total area of 39,625sqm and was inspired by the organic shape of the waves when washing upon the sand. The IHC HQ in Abu Dhabi, spanning 32,675 sqm, is a visionary project nestled between residential neighborhoods and overlooking a tranquil river. It aims to redefine the office building concept with its innovative architectural design and commitment to sustainability. WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 133
100power Hour‘24 CBNME SHAUN KILLA DESIGN DIRECTOR & FOUNDER / KILLA DESIGN D riven by design excellence Shaun Killa is an award- winning architect with international experience spanning over 29 years. His design philosophy centres on creating sustainable, innovative buildings and master plans that are contextually inspired and take a holistic approach to the natural and economic environment. This philosophy has guided him to work on numerous high-profile projects, including the Dubai Opera House, a 2,000-seat opera house located in the heart of Emaar’s cultural district; The Address Boulevard, a luxury hotel, and residential tower; Almas Tower, once the tallest building in Dubai; and the Bahrain World Trade Centre (BWTC), the world’s first large-scale integration of wind turbines into a building. The BWTC initiated the green building movement in the Middle East and won several global awards for innovation and sustainability, leading to more sustainable developments and the acceptance of LEED accreditation in the region. Other notable awards include the ENR News Maker Award, New York, and the Global Holcim Awards for Sustainable Construction for the Lighthouse Tower. Since 2000, Shaun has won multiple design competitions such as the 21st Century Tower, Chelsea Tower, and Millennium Tower. Other examples of his work include the Lighthouse Tower, Habtoor Towers, and several large-scale developments in India, Saudi Arabia, and China. Shaun also led masterplans like Cairo Smart City, Dubai Promenade, Emaar’s Creek Harbour Masterplan; where he was the design director for four years, Cape Town Waterfront 2030, and many new developments in Riyadh and Jeddah. Establishing Killa Design in 2015, has been a particularly significant milestone for Shaun Killa, allowing him to continue pushing the boundaries of architecture on a global scale. At the inception of Killa Design, Shaun participated in two major competitions. Killa Design competed against over 20 firms for the Museum of the Future and against four internationally acclaimed firms for the Address Beach #3 134 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
ARCHITECTS Resort, a twin 77-storey tower. Within a few weeks, Killa Design won both projects, rapidly expanding the team from just one person to 20 within a few months. As the company grew, Killa Design has won several more projects including W Hotel Namaste, Vida Dubai Marina & Yacht Club, Jumeriah Marsa Al Arab; an ultra-luxury beachfront resort embodying the elegance of a super-yacht docking into Dubai’s most coveted stretch of golden shoreline, Shebara Resort, Zamani Islands in the Maldives, Leyja Wellness Hotel in Saudia Arabia and the Office of the Future, the first occupied printed building in the world. In 2017, 2021, and 2022, Shaun was ranked number 1 as ‘Most Powerful Middle East Architect’ inclusive of winning ‘Architectural Firm of the Year, 2023’ in the Middle East, by Construction Week for the 4th year running, and ‘Best Young Firm’, at the Architizer A+Awards, 2023. Killa Design also recently joined the world’s leading architectural practices, securing the 90th position in Building Design’s coveted WA100, 2024. Shebara Hotel is a 73 key hyper luxury resort located on the uninhabited Shaybara Island located 45-minutes by boat from the mainland. Jumeirah Marsa Al Arab is Dubai’s 5-Star luxury hotel with 408 key rooms located on a reclaimed peninsular to the east of the iconic Burj Al Arab Hotel and Jumeirah Beach Hotel. Atoll Estates has announced the development of Zamani Islands, a lifestyle destination in the Maldives’ South Malé Atoll, including the country’s first super-yacht marina and yacht club. WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 135
100power Hour‘24 CBNME P. MARTIN DUFRESNE CO-FOUNDER AND MANAGING PRINCIPAL / U+A P. Martin Dufresne, Co-founder and Managing Principal of U+A, part of Egis Group, has made significant strides in the architectural field under his leadership. His career began with a strong foundation in design, graduating from the Azrieli School of Architecture and Urbanism in Canada in 1996. His journey took him to HOK’s Hong Kong office, where he quickly advanced to a senior role, gaining extensive experience in large-scale commercial and residential projects across Asia. This global experience has not only honed his skills but also demonstrated his adaptability to diverse cultural contexts. In 2001, Martin joined Kerry Hill Architects in Singapore, where he specialized in high-end resort architecture, contributing to projects like the Chedi in Chiang Mai and Amansara in Cambodia. His designs skillfully blend local cultural nuances with innovative architectural principles, creating “living structures” that enhance daily life. By 2005, Martin relocated to Dubai and designed the iconic Capital Gate in Abu Dhabi, renowned for its lean, earning it a Guinness World Record. His book, 18 Degrees - Capital Gate the Leaning Tower of Abu Dhabi, explores this groundbreaking project, solidifying his status as a visionary architect. In 2007, Martin co-founded U+A, a firm recognized for its exceptional design work in cities like London, Riyadh, and Abu Dhabi. His leadership has been pivotal in establishing U+A’s reputation for integrating new technologies and adapting to the fast-paced real estate industry. Martin’s architectural philosophy is shaped by his extensive travels and passion for urbanism, which is reflected in his approach to creating a strong sense of place in every project. This is particularly evident in his work on high-profile hospitality projects in Saudi Arabia, such as the Six Senses and Four Seasons resorts at Amaala Triple Bay, developed by Red Sea Global. His designs integrate local culture and context, focusing on creating functional and inspiring spaces. Throughout his career, Martin has collaborated with renowned clients like Red Sea Global, Expo Dubai, Emaar, and Aman Resorts. His involvement in prestigious organizations like the Royal Institute of British Architects and the Society of Engineers in Dubai underscores his influence and respected status in the architectural community. With over 25 years of global experience, Martin has significantly influenced the architectural landscape through his innovative, culturally aware designs. His work reflects a deep belief in the transformative power of architecture to create spaces that are not only functional but also meaningful and reflective of their environment. This approach inspires a broader understanding of how architecture can profoundly impact communities and enhance human experiences. Martin’s career transcends the execution of projects; it represents the broader societal influence of architecture. His leadership at U+A, combined with his dedication to culturally sensitive design and innovation, has shaped skylines and improved lives, showcasing the positive impact architecture can have globally. #4 136 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
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100power Hour‘24 CBNME RAYA ANI FOUNDER AND DESIGN DIRECTOR / RAW-NYC ARCHITECTS R aya Ani is a visionary architect renowned for her groundbreaking contributions to the field. Her accolades include being elevated as a Fellow of the American Institute of Architects by the New York Chapter, the highest honour for her exceptional work and contributions to architecture and society. Raya holds a Bachelor’s degree in Architectural Engineering with distinction from Baghdad University and a Master’s in Architecture from MIT, awarded the Harvard/MIT Aga Khan Scholarship. She has made an unforgettable mark on the industry with an illustrious career spanning decades across three continents and four countries. She is a licensed architect in New York and a US Green Building Council Accredited Professional (LEED AP). Raya is highly hands-on and detail-oriented, engaging in every aspect of project design and supervision. Her multifaceted and visionary approach enables her to integrate creativity with functionality seamlessly. Her ability to balance budget constraints while maintaining design integrity has established her as a sought-after professional in the industry. Her relentless pursuit of excellence and exploration of innovative strategies led to the founding of RAW-NYC Architects in New York City. Her endeavour to celebrate Arab achievements led her to establish RAW-NYC in Dubai Design District, a strategic move aimed at strengthening and reviving the rich legacy of the Arab world and ensuring its contributions are recognized and celebrated on a global stage. VISIONARY ARCHITECTURE Recognized as one of the most influential architects in the MENA region, Raya’s designs testify to her unwavering commitment to environmental, social, and economic sustainability. Her visionary plans for the Marshes of Iraq achieve economic viability while addressing critical ecological concerns and preserving cultures. Raya’s 2023 portfolio showcases a range of iconic structures, including confidential projects in KSA and notable works such as DESTINAU and the Green Bridge of Baghdad. DESTINAU establishes a new benchmark in holistic design, creating a pioneering destination that redefines hospitality and wellness, reflecting her commitment to excellence. Meanwhile, the Green Bridge of Baghdad pays homage to Mesopotamian achievements and serves as a beacon of inspiration for the people of Iraq, creating a landmark that will never cease to amaze. Its design transcends the traditional car and pedestrian bridge concept, creating an urban public park that overlooks the Tigris River flowing underneath. These projects exemplify Raya’s relentless drive to innovate and advocate, empowering the public and private sectors through architecture. Raya is currently leading RAW: SPACES, an innovative initiative in Dubai to support businesswomen. This project highlights her dedication to creating empowering environments that foster women’s professional growth. #5 138 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
ARCHITECTS Through the canvases of her designs, Raya explores architecture’s power as a tool for empowerment and transformation, inspiring architects and creatives globally. EMPOWERMENT Raya’s life and work epitomize a profound dedication to architectural excellence and a positive, empowering impact on the global community. Her commitment to education as a catalyst for social empowerment is evident in her design of the first green school. Her focus on community empowerment is also reflected in projects such as the Women’s Building in New York and the creation of two residential green buildings in NYC. Raya Ani’s boundless energy to inspire and empower through her creative and strategic visions is evident in the Iraqi Pavilion at Expo 2020. She lobbied for Iraq’s participation, designed the pavilion, and supervised its construction. By creating a prominent platform for Iraq and its people, she increased visibility at the world expo and promoted public and private investment. Her well-acclaimed competition entry for the Bamiyan Cultural Center in Afghanistan, which won a merit award at the AIA International Region Awards in Prague, further reaffirms her dedication to empowering communities through design. Raya has also participated in volunteer workshops to build schools and homes for children in Tanzania and designed the Iraqi Safe House of Innovation for Hisham Al Thahabi—Arab Hope Maker 2017, which aims to empower homeless children and orphans in Iraq. Raya’s winning vision for the Liberland Competition embodies her passion for creating self-sufficient communities through innovation and technology while embracing sustainability. By proposing an innovative algae urban farming system, she addresses future needs and empowers communities to adopt sustainable practices, paving the way for a resilient future. LEADERSHIP Raya was the first woman elected President of the American Institute of Architects in the Middle East, winning the election to become the 2017 President. She spearheaded the official launch of AIA Middle East in Jordan and later in Iraq, showcasing her commitment to empowering Arab and Iraqi architects globally. She advocated for a shared vision and knowledge, aiming to create a positive impact by promoting design excellence. In 2021, Raya Ani was appointed by UNESCO as the President of the Jury for the international architectural competition for the reconstruction and rehabilitation of the Al Nouri Complex in Mosul. In 2022, she received the 2021 Takreem Award for Environmental Development and Sustainability. The award recognizes Arabs who have achieved excellence in their field of expertise. As a leader and icon in her field, Raya Ani’s legacy resonates beyond the structures she creates, redefining the relationship between the public and architecture at the intersection of innovation, sustainability, and empowerment. The Green Bridge of Baghdad honors Mesopotamian achievements and inspires the people of Iraq AL SALIYA _ Iraq Pavilion at Expo 2020 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 139
100power Hour‘24 CBNME ISLAM AL MASHTOOLY DESIGN DIRECTOR / OBMI I n a pivotal era for the Middle East, architecture plays a crucial role in adapting to and shaping its dynamic landscape amidst political, economic, and social shifts. Emphasising a human- centric approach, architects can craft environments that meet the evolving needs and aspirations of communities. This blend of urbanism and design not only enhances functionality but also enriches aesthetic appeal, fostering resilience in the built environment and contributing to the region’s advancement. OBMI, renowned for its holistic design process, emphasizes heritage preservation and innovative modern living integration. This approach is particularly relevant as cultural exploration gains traction in luxury tourism across destinations like Saudi Arabia, Morocco, and Egypt. By transforming historic structures into boutique hotels, OBMI not only revitalises architectural treasures but also creates immersive guest experiences deeply rooted in local history. The adaptive reuse of historic buildings offers unique advantages in hospitality projects, preserving architectural gems and showcasing intricate details such as millwork, metalwork, and stained-glass windows. These elements not only contribute to the aesthetic allure but also connect guests with the rich historical narratives of the region. Projects like Katara Hospitality’s Fairmont Tazi #6 140 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
ARCHITECTS Verdes by Haven is a pioneering new residential project developed by Aldar Properties and designed by OBMI to create a harmonious living environment that seamlessly blends lush green spaces with contemporary architecture. OBMI leads the design transformation of Saudi Boutique Group’s Al Hamra Palace in Jeddah into an ultra- luxury hotel. Palace Hotel in Tangier and Boutique Groups’ Al Hamra Palace Hotel in Jeddah exemplify OBMI’s commitment to blending heritage with contemporary luxury, ensuring each property becomes a cultural landmark and a testament to architectural innovation. Beyond preservation, OBMI is at the forefront of integrating wellness principles into hospitality and residential design. This trend responds to the growing consumer demand for spaces that promote physical, emotional, and environmental well-being. By utilizing organic materials and designing for sustainability, OBMI creates environments that foster healing and enhance the quality of life. Projects like Verdes by Haven in Dubai and SouthMED Destination along Egypt’s North Coast exemplify this approach, offering holistic design solutions that prioritize community, environmental stewardship, and the highest standards of wellness. Since its inception in 1936, OBMI has upheld a commitment to timeless design principles and innovation, collaborating with visionary leaders to transform contexts into compelling destinations. With a steadfast dedication to celebrating people, cultures, and environments, OBMI continues to shape luxury hospitality across the Middle East and beyond. As the firm embraces cutting-edge technology and expands its global presence, its foundational design philosophy remains rooted in creating meaningful and enduring architectural experiences. WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 141
100power Hour‘24 CBNME TIM GOODALL MANAGING DIRECTOR - KSA / DSA ARCHITECTS INTERNATIONAL D SA Architects International has established itself as a prominent player in the architectural industry, particularly in the Middle East region, for over twenty years. The firm specialises in various projects, including hospitality, residential, commercial, retail, education, and mixed-use developments. This diverse portfolio showcases their versatility and expertise in delivering innovative design solutions. Tim Goodall’s leadership at DSA exemplifies the integration of extensive industry experience and strategic vision within the construction sector. With over thirty years of expertise in North Africa and the Middle East, Tim has been pivotal in driving the company’s expansion efforts, mainly by establishing its new office in Riyadh. This achievement underscores his unwavering commitment to enhancing DSA’s presence in a rapidly developing market, instilling confidence in the company’s future. His multifaceted employment background—spanning roles with contractors, clients, and project managers—enables him to navigate the diverse needs of all stakeholders involved effectively. His ability to synthesise these perspectives has been instrumental in fostering a cohesive team environment at DSA. Over his 20-year tenure with the company, Tim has significantly contributed to its exponential growth, which now includes an impressive portfolio of over 500 projects across more than 50 countries. Tim’s core philosophy is centred around the belief that strong relationships are the cornerstone of long-term success. He emphasises that DSA is committed to fostering robust connections with clients and partners, ensuring their satisfaction at every stage—from business development to design delivery and site supervision. This focus on relationships not only enhances operational efficiency but also strengthens DSA’s reputation as a preferred partner for over 120 clients and operators, illustrating that meaningful connections are key to driving sustainable success. Tim’s leadership strikes a balance between addressing the diverse needs of stakeholders and encouraging collaboration, which has significantly contributed to the firm’s growth in the Middle East. By forming strategic partnerships with prominent international design firms, he has created a distinctive service offering that boosts the company’s competitive edge. His proactive approach has facilitated joint ventures, enabling the firm to take on major projects with high-profile developers. Moreover, Tim emphasises the importance of continuous learning and adaptation within the organisation. DSA’s unwavering dedication to innovation strengthens its competitive position and assures the audience of its commitment to shaping a sustainable future through design excellence. With a highly skilled workforce committed to delivering exceptional results, DSA exemplifies how strategic vision and investment in talent can lead to success in an ever-evolving industry. #7 142 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
ARCHITECTS AMMAR ALASSAM CEO / DEWAN ARCHITECTS + ENGINEERS W ith over two decades of experience in the architecture and engineering industry, Ammar Alassam, the CEO of Dewan Architects + Engineers, has steered the company’s strategic direction. His leadership has led to Dewan’s global expansion and established its reputation for innovation, sustainability, and client- centric excellence. The company’s growth has been driven by its focus on cutting-edge design and integration of advanced technologies. Celebrating its 40th anniversary, Dewan has acquired a majority stake in Singapore-based Design Lab. This acquisition enhances Dewan’s resort design expertise and leadership in the Middle East. Founded in 2016, Design Lab has notable projects across the Far East, Middle East, Europe, and South America. The partnership allows Design Lab to leverage Dewan’s client network and project experience, while Dewan plans to expand its Southeast Asia presence through this collaboration, aiming to double revenues and enter new markets in the region and Africa within five years. Dewan’s impressive portfolio includes high-profile projects such as PDLM, Astana Mosque, Oceano, Address Fountain Views, Layan Verde, Eco River, Sol Forest, Flydubai, Qiddiya Water Theme Park, Amaala Triple Bay Yacht Club, and Saudi resorts with Red Sea Global. These projects showcase Dewan’s versatility and commitment to delivering innovative and sustainable solutions. Recently, Dewan has significantly expanded its presence in the UAE, Saudi Arabia, and Southeast Asia. The company has opened new offices in Dubai, Ras Al Khaimah, and Vietnam, demonstrating its commitment to global expansion. Additionally, Dewan is making strides in Africa, particularly in Egypt, where it combines international expertise with local presence. Dewan is committed to sustainability, which is evident in its integration of advanced Autodesk solutions, adherence to green building practices, and focus on passive design strategies. The company also prioritizes client satisfaction, viewing each project as a social contract and investing in talent development through comprehensive training programs and mentorship initiatives. Under Ammar’s leadership, Dewan Architects + Engineers is poised for a future marked by robust global expansion, technological innovation, and a positive societal impact. #8 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 143
100power Hour‘24 CBNME DILARA AJUN CREATIVE DIRECTOR / ATI CONSULTANTS, ARCHITECTS, AND ENGINEERS A s the Creative Director of ATI and a licensed, award-winning architect, Dilara currently leads the design for a diverse range of projects worldwide. These include master-planned communities and mixed-use developments in the UAE, high-rise towers in Dubai, a harbor and marina development in Europe, and K-12 schools and university campuses across the Middle East. Her design influence extends to a hospitality project in Oman and several projects in the UAE, including museums, healthcare facilities, public buildings, and factories. Dilara’s passion lies in crafting unique designs that resonate with both users and their identities. This distinctive style, coupled with her pursuit of design excellence, has established ATI as a preferred partner for prestigious projects and clients, securing them numerous design accolades. Born in Turkey in 1988, Dilara graduated with a bachelor’s degree in Architecture and Urban Planning from Istanbul Technical University in 2011. While pursuing a master’s degree in real estate development between 2011 and 2013, she gained valuable experience working in leading development and architecture firms. Further expanding her skillset, she obtained a diploma in Interior Design from the University of London in 2015. Throughout her career, Dilara has played a key role in designing award- She crafts spaces that prioritise people’s experiences. Her vision is to create spaces that seamlessly blend user needs, functionality, and well-being, ultimately enhancing user experience. Dilara mentors young designers and acts as a role model for female designers. She is also a big supporter of sustainable design and is dedicated to producing environmentally friendly buildings. winning master plans, architectural projects, and interiors. In 2021, she was awarded the Young Talent of the Year Award at the Architecture Leader Awards. Dilara is also a Dubai Municipality Accredited Unlimited Licensed Architect. Her positive and unwavering “nothing is impossible” attitude inspires the entire team at ATI. A dedicated mentor to young designers and a role model for women in the field, Dilara’s design philosophy goes beyond aesthetics. #9 Upcoming Masterplan project in the UAE 144 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
ARCHITECTS PHILIP GILLARD MANAGING DIRECTOR / ARQUITECTONICA S ince commencing his career in the Middle East in 2001, Philip Gillard has dedicated over two decades to transforming the regional landscape. He currently spearheads the newest office of the global architectural powerhouse, Arquitectonica, marking its 11th worldwide. Within six months, he expanded the local team to 15. Under his visionary leadership, they established a strong work culture and commitment to excellence, winning ‘Best Workplace of the Year’ at the Architecture Leaders Awards 2024. In collaboration with ALTA Real Estate, they continue developing the 71-story Aire Tower, poised to become Dubai’s next most iconic skyscraper with its sleek and mesmerizing design, following strongly on the heels of the celebrated Mr.C Residences on Dubai Canal. Their reach extends further across UK, Europe and the Middle East ; where the team is developing ultra luxury branded residential, mixed use, and hospitality designs. With each project in their portfolio, characterized by efficient plans wrapped in a series of cutting-edge and environmentally stringent designs, they are shaping every corner of the globe. Showing no signs of slowing down Gillard is pursuing a promising pipeline, including a branded residential repositioning scheme in Downtown, a large-scale mixed use urban district in Saudi Arabia, a luxury high-rise on Palm Jumeirah, and hospitality developments in London, Egypt, Ras Al Khaimah, Pakistan, and India. #10 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 145
CBNME EXPERT INSIGHT C hoosing a property is high on the list of significant life events and amongst the biggest decisions, most of us will ever have to make, especially when considering ownership. Our intuitive market understanding, backed by consumer research, highlights that both sides in any property transaction need assurance that they can trust the data, the people and the processes involved. So, how do we earn this trust and encourage transparency across the real estate ecosystem in our markets to bridge potential disconnects? By ensuring key players have all the information to hand, they are guaranteed it is accurate, up-to-date, and reliable. Most importantly, it is unbiased. By nature, property transactions have the potential to create a conflict of interest. The buyer needs to feel confident they are getting a good deal and not being overcharged. The seller, on the other hand, needs to feel they are getting a fair price for their property, and not underselling. This is where trust and transparency make a difference - access to clear, impartial data, not only fosters trust but also empowers both sides to make the right decision with confidence and control. Property Finder President, Ari Kesisoglu, highlights the importance of trust and transparency in the real estate market, driven by cutting-edge technology Originally written by Ari Kesisoglu Edited by Vibha Mehta GETTING THE FACTS: INSIGHTS DRIVING REAL ESTATE DECISIONS ARI KESISOGLU, Property Finder President 146 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
GETTING THE FACTS: INSIGHTS DRIVING REAL ESTATE DECISIONS Naturally, home seekers look to family and friends as trusted sources; in many cases, word of mouth is a popular means of advice. Is this a solid base, though? I would say not. When looking for my own property, I recall finding myself explaining the valuation concept to the seller due to limited awareness of how the bank would value the property to issue a mortgage. For this reason, I see this process as an art. While sellers may know what their property is worth – it is important to remember that where one might see value, another may not. On the other hand, for the bank, it’s a simple case of a price- per-square-foot formula with no emotional connection to the property involved. Should there be a disparity between the asking price and the bank valuation, this can breed mistrust - causing deals to fall through. Giving both sides relevant and accurate information encourages trust, and this is where platforms such as Property Finder come in. As the “unbiased support”, if you will. “Don’t give the man a fish. Teach him how to fish by himself.” That is the rationale powering our separation from transactions. We remain behind the scenes, ensuring customers and consumers have all the information they need to make the right decision. The information we provide ranges from broad market insights and historical transactions to specific community trends and patterns. In addition to platforms like DataGuru, a recent example is the White Paper we commissioned, highlighting the increased desire for community living. This is where technology is indispensable. We integrate state- of-the-art technology like machine learning and artificial intelligence to share detailed and accurate insights. By offering insights not previously available or those hard to access or interpret, we enable far greater transparency throughout the real estate market. It is a ripple effect. Our approach involves leveraging technology to draw from the advanced data points available to us and offer insightful guidance on our platform. This not only creates an impact but also ensures that our audience feels informed and knowledgeable. The Property Finder UAE Community Living Survey, which was commissioned to inform our white paper and explore consumer aspirations in 2023, found that respondents feel “data-driven indices can help increase trust, gauge consumer confidence, and inform better pricing decisions”. Constant innovation is key here, given the dynamic nature of the market. For instance, we launched SuperAgent two years ago – MENA’s first agent ranking status that spotlights and provides access to trusted agents, promoting higher quality service and faster responses. This is a prime example of technology feeding into trust. We have since identified the need for a 360-degree insight platform - enter Data Guru, delivering easily digestible, reliable insights for each listing, community and historic transaction. In this case, we wanted to empower consumers with the data they needed, in an engaging format, to ease the decision-making process in their home-seeking journey. Our commitment to constant innovation should reassure our audience of the adaptability and confidence in our system. In our field, however, we see demand as highly volatile, with changes happening by the day. Technology needs to evolve at the same rate to, in turn, inform consumers. This is why we continue studying market trends to innovate and integrate tools and features that offer in-depth insights for home- seekers and agents. In under a year, we’ve seen a shift in attitudes to property seeking, and part of this is due to the greater levels of insights available - and the resulting trust in the market. Another driving factor towards this shift is the alignment of the Dubai Land Department in this endeavour and the willingness to work closely with private sector players to elevate the industry. Technology and insights are only possible if they are in safe hands. The constant evolution of technology - and the resulting availability of data - creates a need for agents who are not just technically proficient but agile, versatile and future-oriented. Our recently launched PF Academy will ensure the industry is staffed by people who can keep pace with the progress and confidently serve consumers in the rapidly changing prop-tech landscape. With a milestone such as investing in a home, which happens once in a lifetime for most people, there is no room for building trust through recurrence. Trust needs to be established through knowledge. We want people to feel confident enough to take control of their decision-making now and in the future. By providing the right insights and educating our customers and consumers through innovative technology - we are on the right track to contributing to the creation of ever-greater trust and transparency in our ecosystem. WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 147
CBNME EXPERT INSIGHT I n Dubai’s dazzling cityscape, where architectural marvels pierce the sky and innovation knows no bounds, the term “luxury” is often invoked, yet its true essence can be as elusive as a desert mirage. As the developer behind the Eywa residential project, I’ve understood that luxury is not merely a collection of opulent finishes and extravagant amenities. It’s an art form, a carefully curated symphony of experiences that resonates deeply with our discerning clientele. In this vibrant metropolis, where ambition and aspiration converge, luxury real estate must transcend the conventional. It’s not simply about acquiring a prestigious address or boasting the latest design trends; it’s about embracing a lifestyle that enriches the mind, body, and soul. A luxury home should be more than a dwelling; it should be a sanctuary where residents can truly thrive. As real estate developers, we bear the weighty responsibility of constructing buildings and crafting dreams. Our mission is to understand the unique motivations and aspirations that drive our clientele. Alex Zagrebelny, Founder & CEO of R.Evolution Real Estate Developer, shares insights on creating luxury real estate experiences Originally written by Alex Zagrebelny Edited by Vibha Mehta BEYOND BRICKS AND MORTAR 148 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
BEYOND BRICKS AND MORTAR Whether they seek a legacy property to pass down through generations or a private oasis that reflects their refined tastes, we are committed to forging genuine connections and tailoring every aspect of their living experience. We embark on a meticulous journey of defining our brand identity to achieve this lofty goal. We infuse passion and innovation into every fibre of our projects, showcasing the pinnacle of architectural design and technological advancements. We meticulously select materials that exude elegance and timelessness while ensuring that functionality is never compromised. At the heart of our approach lies a deep appreciation for aesthetics. We curate a distinct visual language of understated opulence and serene sophistication. Our mood boards and design templates are meticulously crafted to create a cohesive brand identity that permeates every touchpoint, from marketing materials to the physical spaces. In the world of luxury real estate, success hinges on several critical factors: 1. Redefining Luxury: Moving beyond clichés, we embrace a holistic understanding of what luxury means to our clients. 2. Defining Brand Identity: We express our passion and commitment through innovation, attention to detail, and a focus on enhancing the living experience. 3. Understanding the Audience: We delve deep into the motivations and preferences of our discerning clientele, ensuring their needs are met at every level. 4. Curating Aesthetics: We create a distinct visual language that reflects the serenity and sophistication of the lifestyle we offer. 5. Driving Engagement: We foster a vibrant community through storytelling, expert advice, and a celebration of our project’s unique offerings. However, our commitment to excellence continues after a project is completed. We understand that a luxury lifestyle is not static; it’s an ongoing journey of enrichment and discovery. We strive to create vibrant communities where residents can connect, share experiences, and forge lasting bonds. We host exclusive events, offer curated concierge services, and provide access to a network of like-minded individuals who share a passion for the finer things in life. In this ever-evolving landscape, pursuing luxury real estate demands a multifaceted approach. We must continuously redefine what luxury means, adapting to our discerning clientele’s changing needs and desires. We must embrace innovation in design and technology and in our approach to customer service and community building. Moreover, we must remain steadfast in our commitment to sustainability and social responsibility. Luxury should not come at the expense of our environment or our communities. We strive to create environmentally conscious and socially impactful developments, leaving a positive legacy for future generations. Ultimately, crafting luxury real estate experiences is not merely a business endeavour; it’s a calling, a passion that drives us to create something extraordinary. By embracing a holistic approach that encompasses design, innovation, community, and sustainability, we can redefine what it means to live a luxurious life in Dubai and beyond. WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 149
CBNME OP-ED I nnovative sustainable materials are revolutionizing the construction world by reducing pollution, minimizing waste, and making the industry more environmentally friendly. However, to achieve widespread adoption of sustainable materials by construction companies and reduce the industry’s impact on the planet, it is critical to establish proper standards and certification processes for the new materials. The construction industry contributes significantly to global warming and climate change, making it imperative to adopt more sustainable practices. Construction causes water and air pollution, accounting for 37% of global greenhouse gas emissions. Cement is the building material with the highest emissions rate, with 7% of global GHG emissions. Its production releases about 0.8 tonnes of CO2 per tonne. Global efforts to reduce this impact on the environment are ramping up. In December, at COP28 in the UAE, Canada and the UAE launched the Cement and Concrete Breakthrough and endorsed countries, including the UK, Ireland, Turkey, and Germany. The initiative aims to make clean cement the preferred choice in the construction industry globally, with near- zero emission cement production established and growing in every region of the world by 2030. Finding alternative sustainable materials is crucial to addressing and achieving such goals. My role at the Dr. Yossra Elkebir, a Senior Researcher at the Advanced Materials Research Center (AMRC) of the Technology Innovation Institute, highlights the essential role of sustainable materials in transforming the construction industry… ECO-FRIENDLY FRAMEWORKS 150 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
ECO-FRIENDLY FRAMEWORKS Technology Innovation Institute, which is the scientific research centre and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council, allowed me to focus my research efforts on finding an alternative to cement to replace parts of construction materials such as flooring (interlocking pavers) and partition walls made of bio- composite bricks (non-load-carrying walls). The results have been highly encouraging and led to the creation of a new bio-composite brick, representing a significant innovation in the construction world. The brick is based on a waste-repurposed composite made from bio-based materials, recycled materials, waste, and natural fibres obtained by combining additives with the bio-based binder. We have developed various formulations for the waste-repurposed repurposed bricks, each with different properties. Depending on the application, we choose the appropriate formulation, which makes the brick versatile. Not only can it replace cement for wall construction, but also wood for furniture and materials in structural elements and outdoor landscaping. The waste-repurposed composite bricks are 35% lighter than cement, three times stronger in compression, and six times more potent in flexure than cement. Additionally, functionality can be tailored by adding specific additives. Different techniques, including mechanical testing, thermal cycling, water absorption, and durability assessments, were critical in refining the material formulations to meet the necessary standards. These technologies guarantee that the bricks are sustainable, structurally robust, and durable across diverse environmental conditions. The composite brick reduces carbon emissions and decreases the amount of water used in production. It lowers waste and contributes to the circular economy by reusing materials. Thanks to the use of local materials, including local mineral particles and local waste, such as palm waste in the UAE, it also reduces the environmental impact of transportation and the CO2 emissions associated with it. However, at this stage of the research, some challenges remain. After obtaining a patent, which is currently pending, it is critical that the relevant authorities set up the proper standards to certify that the waste-repurposed composite bricks meet all necessary safety, performance, and environmental criteria. Construction certification is a prerequisite to the industry’s widespread adoption of bricks. Certification typically demands extensive documentation to demonstrate the new materials’ long-term durability and structural integrity. Once this certification is established, the next step will be to scale up the production process by refining manufacturing techniques to increase throughput while maintaining consistency in quality. Certain processes within factories will potentially be upgraded and automated, although these processes are the same as for cement EN-1996-1. Only then will construction companies be able to embrace the new sustainable construction material significantly. But the clock is ticking. Global warming is accelerating. Last year was the warmest year ever, and there’s a high chance that 2024 will surpass 2023 and rank as the warmest year on record. Thanks to innovation and the waste-repurposed composite brick, the construction industry has an opportunity to tackle climate change and transition towards greater sustainability, one brick at a time. Let’s seize this opportunity and act now. WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 151
CBNME TECHNOLOGY Dr. Yasemin Nielsen from Heriot-Watt University Dubai discusses the impact of smart technologies on transforming modern property management Originally written by Dr. Yasemin Nielsen. Edited by Vibha Mehta SMART SPACES, SMARTER MANAGEMENT 152 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
SMART SPACES, SMARTER MANAGEMENT I ntegrating smart devices and systems into property management practices revolutionises how buildings are maintained, operated, and secured. According to Markets and Markets, the global property management market is projected to reach over USD 36 billion by 2028. The global property management software market is expected to grow from USD 24.18 billion in 2024 to USD 50.79 billion by 2032. The expanding real estate sector has increased demand for property management software. Software solutions boost efficiency, enhance tenant satisfaction, and drive overall market growth, especially in the UAE. The UAE, renowned for its visionary approach to urban development, is leading in adopting advanced technologies in the property management sector. The UAE property management software market is expected to reach over USD 112 million by 2030. However, property managers encounter varying challenges based on whether they oversee commercial or residential properties. For instance, managing commercial properties often involves addressing the needs of multiple businesses, ensuring compliance with commercial regulations, and maintaining large-scale facilities. On the other hand, managing residential properties may require handling tenant disputes, ensuring the upkeep of living spaces, and managing rent collections. Both sectors demand particular expertise and adaptability to navigate their unique challenges effectively. Smart technologies enable property managers to offer tenants conveniences that improve the living experience—for instance, keyless access systems providing enhanced security and easier access. Contactless package delivery solutions ensure that residents receive their parcels securely and efficiently without physical interaction, a feature that remained significant and appreciated despite the end of COVID-19. Intercom systems allow seamless communication between residents and property management, as well as among residents themselves. Smart thermostats offer personalised climate control, optimising energy usage and increasing comfort within each unit. Additionally, self-showing technology for prospective residents allows potential tenants to view properties conveniently, streamlining the leasing process and reducing the workload on property management staff. These advanced features appeal to millennials accustomed to a highly connected and digital lifestyle. They expect the convenience and efficiency of smart technology, making these features a significant draw when choosing a place to live. Property managers can attract and retain tenants by integrating connected solutions, ensuring their properties remain competitive and desirable in a rapidly evolving market. Security and surveillance have benefitted both within and outside property management. Traditional security measures are enhanced with AI-powered surveillance cameras, facial recognition systems, and smart locks. In Dubai, renowned builders have integrated smart security solutions into their projects. Real-time data is analysed to detect unusual activities and promptly alert security personnel of potential breaches. Incorporating these technologies improves security and reduces reliance on human resources, leading to cost savings. Technology has also refined the tenant screening processes, making them more efficient, thorough, and effective. Modern property management systems now incorporate online applications integrated with comprehensive background check services. This integration allows property managers to assess the suitability of potential tenants quickly and accurately. Screening tools can verify employment history and income, providing a holistic view of an applicant’s financial stability. Some advanced systems also include rental history databases, which reveal any previous issues with evictions or lease violations. Additionally, these technologies improve the tenant experience by speeding up the application process. Prospective tenants can complete applications online, while property managers benefit from streamlined workflows and reduced administrative burdens. Implementing technology in property management is a gradual process that necessitates a carefully devised strategy for seamless integration into existing operations. A crucial facet of successful technology integration is comprehensive training and support for the staff. Staff must be introduced to the new tools and educated on the advantages of these technologies. Continuous support and early handling of concerns are essential to resolve issues and ensure the technology is fully utilised. Moreover, regular training sessions and support access help staff quickly become proficient in using new systems, thereby maximising the potential benefits and overall operational efficiency. WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 | 153
CBNME UNSUNG HEROES Ruairi Magee, Pre-Construction Manager at Khansaheb Civil Engineering, discusses his pivotal role, responsibilities, and future outlook RUAIRI MAGEE Role & Responsibility In Khansaheb Civil Engineering, I spearhead the Pre- Construction Department, overseeing work winning and integrating Business Development efforts. My role is multifaceted, encompassing strategic decision-making to target opportunities that align with our revenue goals and secure profitable projects for the company’s future workload. Conquering Challenges The UAE market is highly competitive, with many local and international companies competing for projects. At Khansaheb Civil Engineering, we aim to set ourselves apart from the competition by encouraging innovation and ingenuity in each tender opportunity. We consolidate our strengths and experience within our divisions: Construction, Interiors, MEP, Joinery, and Roads and Infrastructure to ensure we submit an offer to the respective client that meets or exceeds their needs. Our capabilities across our divisions provide our clients with a complete service. Recently, we have managed to secure multiple large projects through direct single-sourced negotiation. Clients have approached us at the concept stage of their projects, and we have worked with them to review buildability, value engineering, and quality and provide cost certainty and surety of delivery. We are seeing more negotiated work becoming prevalent in the market, which benefits the Clients and Contractors. Future Aspirations At Khansaheb, we are committed to continuous improvement and innovation. We have recently adopted a digitized solution for our project delivery teams and are exploring the potential of incorporating digitization into the Pre-Construction Department. This would enable us to use a unified platform for bidding, tracking, winning, delivering, and handing over a fully operational and maintainable digital twin of a built asset to the Employer. At Khansaheb, we are dedicated to supporting our clients’ projects from the early stages. We focus on risk mitigation, enhancing design and constructability, efficient project delivery, value engineering, and cost savings. This early engagement fosters a collaborative environment that combines the expertise of all parties to ensure a successful delivery for the client. 154 | CONSTRUCTION BUSINESS NEWS ME | AUGUST 2024 WWW.CBNME.COM
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