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THE DEFINITIVE GUIDE TO THE REGION'S CONSTRUCTION PROFESSIONALS INTERVIEW INNOVATION IN EVERY LAYER PROJECT CRAFTED FOR LIFE TRANSPORTATION CONNECTING THE DOTS F E B R U A R Y 2 0 2 5 | C B N M E . C O M DREAMSCAPES BY THE SEA MINA, BY RAK PROPERTIES, IS A WATERFRONT MASTERPIECE, BLENDING LUXURY, SUSTAINABILITY, AND COMMUNITY TO CREATE RAS AL KHAIMAH’S MOST COVETED ISLAND RETREAT WOMEN IN CONSTRUCTION MEET THE TRAILBLAZING WOMEN RESHAPING THE INDUSTRY, BREAKING BARRIERS WITH BOLD LEADERSHIP

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New IVECO S-Way: high technology and efficiency on all missions A wide choice of Euro III / V diesel engines, delivering class-leading power from 360 hp to 560 hp Euro III / 570 hp Euro V and superior fuel economy. 12-speed HI-TRONIX automated transmission with the most advanced technology in its category, electronic clutch and best-in-class torque-to-weight ratio. Full range of fuel-saving devices, such as anti-idling feature, EcoSwitch, Ecoroll and Smart Alternator. Top levels of comfort and safety, with a completely redesigned and reinforced cab, featuring enhanced direct visibility and enlarged cab livability. Drive the new way.

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IN THIS ISSUE CBNME 32 32 18 INTERVIEW INNOVATION IN EVERY LAYER 22 PROJECT CRAFTED FOR LIFE 26 SOLUTIONS MASTERING MODERN INFRASTRUCTURE 28 MEP VOLTAGE-DRIVEN VISION 32 MACHINERY TOOLS OF TOMMORROW 34 COVER STORY WAVES, WONDERS, AND WHIMSY 40 WOMEN IN CONSTRUCTION BREAKING BARRIERS, BUILDING FUTURES: WOMEN SHAPING THE CONSTRUCTION INDUSTRY 56 TRANSPORTATION CONNECTING THE DOTS 60 TECHNOLOGY DIGITAL REALTY SHIFT 62 FINANCE BUDGETING BEYOND THE BALANCE SHEET 64 KSA BUILDING THE KINGDOM 66 TALKING POINT CURRENT OF PROGRESS 68 EXPERT INSIGHT PRINT TO BUILD 70 THE POWER OF DIALOGUE DUBAI: A BEACON OF ARCHITECTURAL BRILLIANCE 72 COLUMN NAVIGATING THE FUTURE OF SAFETY 73 COLUMN DARREN TAYLOR, HEAD OF CLIENT PARTNERSHIPS AND MARCOMS, INC GROUP 74 UNSUNG HEROES LOIS ACKERLEY 28 WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 3

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Nestled by the coast of Lusail sits the splendor of Raffles and Fairmont Doha, where luxury is rooted in even the smallest details. Open the doors to mesmerizing hospitality and make memories in a world of sophistication.

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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 MIDDLE EAST 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 © 2025. The opinions expressed are solely those of the contributors. Construction Business News Middle East and its affiliated publications in the MENA region are exclusively licensed to BNC Publishing. No part of this magazine may be copied, reproduced, or transmitted in any form or by any means without prior written consent from the publisher. Printed by United Printing and Publishing | upp.ae Images used in Construction Business News Middle East are credited when necessary. Attributed use of copyrighted images with permission. All images not credited courtesy Shutterstock. Editor-in-Chief Vibha Mehta vibha@bncpublishing.net CEO Wissam Younane wissam@bncpublishing.net Director Rabih Najm rabih@bncpublishing.net Group Publishing Director Joaquim D'Costa jo@bncpublishing.net Commercial Director Andrea Mocay andrea@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 Eduardo Buenagua Contributors Natalie Faulkner and Khadeeja Hamid 8 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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DOMOTEX MIDDLE EAST The Trade Fair for the Carpet & Flooring Industry in the Middle East. 22 – 24 APRIL 2025 Dubai World Trade Centre Scan for more info

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The Weight of Many Crowns B eing a woman is to embody an unstoppable force— grace wrapped in resilience, strength adorned with poise. We are the silent architects of possibility, the steady pulse of every home and workplace, the dreamers who build, nurture, and conquer—all in one breath. We balance a thousand roles, moving seamlessly from boardrooms to daily responsibilities, from professional ambitions to personal commitments. Our lives are an intricate dance between ambition and duty, between chasing dreams and holding the world together. Every day, we step into spaces where expectations weigh heavier on our shoulders, where the world whispers that we must choose—career or warmth, success or sacrifice, ambition or belonging. But we do not choose. We master it all. We lead with confidence, command our spaces, and still make time to be the anchors in our relationships, the unseen yet unwavering pillars that hold it all in place. For me, the journey is even more layered. Living away from family means there is no built-in support system, no reassuring presence at the end of a long day, no shared burden of responsibilities. Every decision, every triumph, every setback—I carry alone. The solitude is both empowering and heavy, an unspoken responsibility that only those who walk this path truly understand. There is no room for hesitation, no moment to falter. Every challenge demands resilience, every step forward is entirely my own. Yet, in this space of independence, I have found an unshakable strength—one that comes from knowing that I can, and I will, keep moving forward. That’s why covering women in construction holds a special place in my heart. In an industry historically dominated by men, these women are not just building structures; they are breaking barriers and rewriting narratives. Every feature I write about them is a tribute to their grit and passion. They stand at the helm of projects, shaping skylines and making decisions that impact entire communities. Their stories reaffirm the boundless possibilities that come with determination. Additionally, what inspires me most is the women around me—those who juggle endless hats with effortless grace. The ones who carve their own legacies while lifting others along the way. The ones who break barriers, redefine expectations, and prove that we are limitless. I see them in the unwavering determination in their eyes, in the quiet sacrifices they make, in the way they continue to show up despite the weight they carry. We are more than just women—we are forces of nature, carving paths where none existed, turning obstacles into stepping stones. And no matter how high the stakes or how heavy the crown, we rise. With fire in our spirits, purpose in our hearts, and the weight of the world balanced elegantly on our shoulders, we move forward—not just surviving, but thriving. Boldly. Beautifully. Unapologetically. Vibha Mehta Editor-in-Chief vibha@bncpublishing.net Vibha Mehta vibhamehta01 @vibhamehta01 CBNME LETTER FROM THE EDITOR 10 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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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.

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SUITE TREAT Step into a world of opulence when you book a Suite at Raffles Doha. Experience the added luxury of QAR 750 credit to spend on dining in the hotel, and QAR 500 towards any Spa treatment. Children aged 12 and below are welcome to indulge in the enchantment of complimentary dining. Rates starting from QAR 3,500 per night For reservations, please call +974 4030 7100 or email reservations.doha@raffles.com Raffles Doha, Iconic Towers, Marina District, PO BOX 4747, Lusail, Qatar

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A ccuracy is thrilled to announce that Juan Sáez, our Middle East managing partner, has been honoured by Lexology in the prestigious Client Choice Awards 2025 as a Global Elite Thought Leader in Arbitration. As Lexology describes it: “The best of the best, achieved by only around 5% of Lexology Index listed practitioners.” This recognition is a testament to Juan’s unwavering commitment to delivering unparalleled client service and value. Known for his technical expertise and client-centric approach, Juan has consistently exceeded client expectations, earning praise for his contributions to arbitration and dispute resolution. Clients have described Juan as: “Extremely bright, hands-on and active in the market.” “One of the best delay experts I have ever used.” “I whole-heartedly recommend him.” At Accuracy, Juan is pivotal in combining deep industry knowledge with tailor-made solutions, ensuring exceptional outcomes for our clients. His recognition in the Client Choice Awards reflects his dedication to excellence and his significant contributions to our firm and the broader arbitration community. “Juan’s recognition in the Client Choice Awards highlights his exceptional talent and the trust he has built with clients. We are immensely proud of his achievements and his role in upholding Accuracy’s commitment to excellence,” said Hervé de Trogoff, founding partner of Accuracy UK and leader of Accuracy’s Project Advisory and Dispute services globally. The Client Choice Awards, established by Lexology, are unique in that they rely exclusively on client feedback. This ensures that recipients are celebrated not only for their technical proficiency but also for their ability to deliver outstanding value and maintain strong, trusted relationships. In addition to Juan’s recognition, three other colleagues from Accuracy’s offices in the UK, Singapore, and Spain were also honoured as Global Elite Thought Leaders in Arbitration. This achievement underscores the exceptional professionalism of Accuracy employees across borders, serving clients in 14 different countries. JUAN SÁEZ, PARTNER AT ACCURACY, HAS BEEN HONORED IN THE 2025 CLIENT CHOICE AWARDS BY LEXOLOGY Accuracy is an independent global consulting firm advising companies and shareholders on strategic decisions, transactions, disputes, and crises CBNME REGIONAL NEWS 14 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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N EOM has announced the successful closing of a landmark export credit agency (ECA) financing transaction with Italy’s SACE, securing approximately USD 3 billion under a long-term multicurrency untied facility. The deal, which marks NEOM’s first corporate ECA financing and the most significant untied financing ever guaranteed by SACE, will support various projects across NEOM and is backed by a syndicate of nine prominent international banks – HSBC, Banco Bilbao Vizcaya Argentaria, Bank of China, Crédit Agricole CIB, Agricultural Bank of China, Citi, China Construction Bank, J.P. Morgan and Bank of America. The partnership will enable NEOM to leverage supplies from Italian businesses, particularly SMEs, to support the project’s development across key sectors, such as infrastructure, urban development, construction and transport (rail, road and maritime). To date, Italian suppliers and contractors have supported NEOM on a range of projects, with contracts worth USD 6.3 billion, and the deal aims to strengthen further and develop these essential international business relationships. Eng. Aiman Al-Mudaifer, Acting CEO of NEOM, said: “NEOM is committed to working with global partners who share our passion for visionary projects and initiatives that will advance human progress. This deal will support us in delivering our significant portfolio of developments and reflects the strong confidence that leading financial institutions worldwide place in NEOM. It advances the Kingdom’s aim of generating capital investment in line with Saudi Vision 2030, with foreign investment being instrumental in diversifying the economy. This partnership with SACE and the consortium of leading international banks also creates strong ties with major Italian companies that will enhance international trade and investment flows.” Alessandra Ricci, CEO of SACE, said: “We are glad to play our part alongside NEOM in this cutting-edge project, which generates opportunities in a wide range of sectors for Italian SMEs and supply chains. Opening new routes to ‘Made in Italy’ is a priority to allow a long-term growth for Italian exports, matching their potential. Our Riyadh office supports Italian companies and their potential partners and counterparties by providing experience and insurance financial solutions combined with the added value of a physical presence in the area.” The SACE untied facility expands and diversifies NEOM’s existing funding pool, supporting its long-term financing requirements as NEOM develops major projects and regions. This agreement marks NEOM’s first export credit agency-backed financing, utilizing Italian businesses to drive key aspects of the project’s development NEOM SECURES $3 BILLION SACE-BACKED FINANCING FROM GLOBAL BANKS REGIONAL NEWS WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 15

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ANAX DEVELOPMENTS BEGINS CONSTRUCTION ON EVORA RESIDENCES IN AL FURJAN JUST TWO MONTHS AFTER LAUNCH A NAX Developments, a subsidiary of ANAX Holding, has broken ground to commemorate the construction of Evora Residences within two months of unveiling the residential property. With 80% of the property sold out within 60 days of its launch, the developer is marking the milestone with a groundbreaking ceremony. ANAX Developments has also signed an agreement with Adnann Contracting LLC as the contractor for the project to ensure timely completion and quality construction of Evora Residences. The groundbreaking signifies the start of construction for Evora Residences, which is scheduled for completion in Q3 2026. “Breaking ground of the Evora Residences symbolises our commitment to our customers. The journey we have started with ANAX Developments is progressively reaching milestones and coming to fruition with our second project now underway,” says Mr. Satish Sanpal, Chairman of ANAX Holding. “This development not only enhances our impressive portfolio of projects, but also reinforces our commitment to pushing boundaries and setting new benchmarks in the real estate market. By collaborating with industry- leading companies like Adnann Contracting, we are confident of the quality and timely completion of Evora Residences,” adds Mr Sanpal. Dignitaries from Adnann Contracting, Mr Ayub Ismail, Chairman; Mr Ayman Hamdi Kader, CEO; and Mr Mohammed El Najjar, COO, joined Mr Sanpal and the ANAX Development team for the groundbreaking. Mr Ravi Bhirani, Managing Director of ANAX Developments, added: “With this groundbreaking event, we are marking a pivotal moment in realising our vision for Evora Residences. We are not just constructing a building —we are creating a welcoming, inclusive neighbourhood that fosters connection, growth, and opportunity for families, businesses, and local enterprises to thrive. Our investment in this vibrant, community-focused development reflects our commitment to driving long-term economic growth and enhancing the quality of life for residents.” Located within the rapidly growing expanse of Al Furjan, Evora Residences is minutes from Dubai’s renowned recreational landmarks, including Legoland, IMG Worlds of Adventure, and Ibn Battuta Mall. Designed as a tranquil retreat, the 10-story, fully equipped development will feature 77 residential units, offering a range of one-, two-, and three- bedroom apartments, each featuring spacious balconies providing a fusion of modern elegance and contemporary design. Evora Residences will offer a flexible 30/70 payment plan with prices starting at AED 1,068,777 for one-bedroom apartments, making it easy to purchase a house in the bustling heart of Dubai. Nestled in the thriving community of Al Furjan, Evora Residences offers seamless access to Dubai’s most iconic recreational landmarks, just minutes away CBNME REGIONAL NEWS 16 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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K lickl, a UAE-based Web3 financial platform, has partnered with IMKAN Properties to enable cryptocurrency transactions for property purchases. This collaboration aims to streamline real estate payments, offering buyers the flexibility to convert Bitcoin, Ethereum, and USDT into premium investments while bypassing cross-border banking delays. Michael Zhao, CEO of Klickl, highlighted the initiative’s potential: “Crypto is more than a payment method—it enhances liquidity, efficiency, and business continuity.” The integration aligns with the UAE’s vision as a global hub for digital finance, ensuring secure and compliant transactions through advanced KYC and AML protocols. IMKAN’s CEO, Engineer Suwaidan Al Dhaheri, emphasized the company’s role in pioneering blockchain adoption in real estate, reinforcing the UAE’s leadership in financial innovation. A dedicated task force will oversee the rollout, refining the system for seamless implementation. This partnership sets a new standard for the region’s real estate market, paving the way for broader digital finance adoption. As one of the first real estate developers in the UAE to integrate cryptocurrency payments, IMKAN is setting a precedent for future industry adoption. This collaboration with Klickl allows for seamless, secure, and efficient property transactions, bridging the gap between traditional real estate and modern financial technologies. By leveraging blockchain-based payment systems, this partnership eliminates the inefficiencies of conventional banking processes, offering global investors greater accessibility and transactional speed. Buyers, especially from regions with complex banking infrastructures, will benefit from instant, borderless transactions without unnecessary delays or high conversion fees. The introduction of cryptocurrency into UAE real estate signals a transformational shift in how high- value assets are bought and sold. With increasing interest in alternative payment solutions, IMKAN and Klickl are at the forefront of a movement that merges real estate investment with the efficiency of digital finance. “This is not just about keeping up with trends but about solving real-world challenges,” said Michael. “Blockchain technology provides transparency, security, and efficiency, making it a game-changer for the industry.” With regulatory safeguards in place, this bold step forward reinforces the UAE’s position as a leader in financial innovation, solidifying its role as a global hub for blockchain-powered economic growth. KLICKL AND IMKAN PROPERTIES PARTNER TO INTRODUCE CRYPTOCURRENCY PAYMENTS IN UAE REAL ESTATE The partnership strengthens the UAE’s position as a leading global hub for digital currency adoption and growth REGIONAL NEWS Left to Right - Engineer Suwaidan Al Dhaheri, CEO of IMKAN Properties & Michael Zhao, CEO of Klickl WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 17

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How does Henkel Polybit align its strategies with the evolving demands and key construction trends across the Middle East, Africa, Asia Pacific, and North America? At Henkel, our strategies are meticulously designed to align with the evolving demands and key construction trends across the Middle East, Africa, Asia Pacific, and North America. We achieve this by integrating a deep understanding of market dynamics with an unwavering commitment to innovation and sustainability. In response to the global construction industry’s growing emphasis on eco- friendly practices, Henkel is at the forefront of delivering sustainable solutions. Our offerings are tailored to meet market-specific requirements and aim to contribute to a more sustainable future. By prioritising environmentally conscious innovation, we ensure our solutions align with the industry’s push toward reducing environmental impact. Furthermore, IMEA’s distinctive focus on partnerships and customer collaboration sets us apart. We believe in going beyond merely supplying high-quality products. Our approach involves providing robust technical support and fostering close, long-term relationships with our business partners. This customer-centric strategy enables us to remain agile and responsive to the constantly shifting demands of the construction industry, ensuring that we consistently deliver value and support to all stakeholders along the value chain. What steps is Henkel Adhesive Technologies taking to ensure sustainability in its products and operations, particularly in construction? Henkel Adhesive Technologies is steadfast in its commitment to ensuring sustainability across its portfolio and operations, particularly within the construction sector. As a multinational leader, we embrace our responsibility as a role model in promoting sustainability within our communities. We aim to enhance our positive social impact by fostering practices that benefit consumers, customers, business partners, and society. Aligned with Henkel’s global strategy of becoming climate-positive by 2040, we are taking decisive steps to contribute to climate protection, advance the circular economy, and drive social progress. These efforts include reducing the carbon footprint of our production facilities through ongoing improvements in energy efficiency and transitioning to electricity sourced from renewable energy. By integrating these principles into our operations, we aim to create long-term value for all stakeholders and set new benchmarks for sustainable business practices in the construction industry. Our approach is a testimony to our dedication to sustainability. By embedding environmental responsibility into our strategies and operations, we strive to meet and exceed industry expectations, delivering solutions that make a meaningful difference in the transition toward a more sustainable future. Can you elaborate on Henkel’s approach to integrating sustainability into infrastructure projects, such as reducing carbon footprints or enhancing material durability? We are committed to integrating Harm Peters, MD of Henkel Polybit and Director of Henkel Adhesive Technologies’ Construction Division, shares how Henkel is leading the way in sustainable solutions INNOVATION IN CBNME INTERVIEW EVERY LAYER 18 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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INNOVATION IN EVERY LAYER Harm Peters, Managing Director of Henkel Polybit and Director of Construction Division at Henkel Adhesive Technologies for Middle East, Africa, Asia Pacific and North America sustainability into all infrastructure projects in line with our global sustainability targets. We aim to embed sustainable practices into every project aspect, ensuring that environmental and performance goals are met. A cornerstone of this approach is the creation of Environmental Product Declarations (EPDs) to assess and measure the carbon footprint of our products. By providing transparent and quantifiable data, EPDs serve as a critical foundation for implementing effective strategies to reduce carbon emissions across infrastructure projects. This aligns with our broader objective of minimising environmental impact while maximising resource efficiency. The successful publication of EPDs for many of our strategic products reflects the strength of our cross- functional collaboration. Teams across Henkel, unified by a shared commitment to sustainability, have worked diligently to ensure that our materials meet stringent environmental standards and deliver enhanced durability and performance. This integration of sustainability and innovation enables us to provide solutions that support the development of resilient, long-lasting infrastructure while reducing environmental footprints. By prioritising sustainability in this way, Henkel Polybit is helping to shape the future of infrastructure projects, driving progress toward a more sustainable construction industry. How is Henkel leveraging digital technologies to enhance the efficiency and performance of its construction solutions? Henkel is at the forefront of leveraging digital technologies to enhance the efficiency and performance of its construction solutions. By integrating advanced digital tools and platforms into its operations, we are transforming how we deliver value to customers and stay ahead in the competitive construction industry. One key area is using eCRM systems, which allow us to maintain detailed customer and product-level data. This data-driven approach enables us to identify market trends and swiftly adapt to evolving customer WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 19

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needs. Additionally, Henkel Polybit is embracing Building Information Modelling (BIM), a critical industry trend, by making its full solution portfolio accessible on global platforms. Architects and designers can easily integrate Henkel’s solutions into their projects with just a few clicks, streamlining project planning and execution. Social media also plays a vital role in Henkel’s digital strategy, allowing the company to effectively reach and engage its target audiences and drive awareness and business growth. Furthermore, Henkel’s adhesives business focuses on end-to-end customer-centric digitalisation by developing tailor-made digital applications that cater specifically to the needs of industrial customers. Henkel’s digital transformation is a significant investment in end- to-end data integration, enabling AI-driven, innovative, and customised solutions. This approach strengthens Henkel Adhesive Technologies’ competitive edge and sets the stage for more efficient and adaptive construction solutions. To support these advancements, we are investing in digital talent, including data specialists and engineers, to build the expertise and capabilities required for the future. Through these initiatives, Henkel Adhesive Technologies is committed to leveraging digital technologies to deliver smarter, more efficient, and customer-focused construction solutions. Can you share examples of successful collaborations or partnerships Henkel Polybit has undertaken to drive innovation in construction? Henkel Polybit is committed to driving innovation in the construction industry through successful collaborations and partnerships. By exploring advanced technologies and fostering strategic partnerships, we aim to revolutionise traditional construction methods and contribute to more efficient and sustainable practices. One significant area of focus is integrating 3D printing technology into construction. Henkel Polybit is collaborating across functions to develop specialised solutions for 3D printing applications. This groundbreaking technology can transform construction by enabling faster, more precise, and resource-efficient building processes. In addition to technological advancements, we are identifying and establishing strategic business partnerships with key industry players. These collaborations are instrumental in opening new opportunities to leverage innovative technologies, ensuring that Henkel Polybit remains at the forefront of the construction industry advancements. Through these initiatives, Henkel Polybit reaffirms its dedication to delivering state-of-the-art solutions that meet the industry’s evolving demands while promoting sustainability and efficiency. How does Henkel’s investment in research and development help deliver cutting-edge solutions to the construction sector that meet the unique challenges of diverse geographies across ME? Henkel’s investment in research and development (R&D) is pivotal in delivering cutting-edge solutions to the construction sector tailored to the unique challenges and demands of diverse geographies across the Middle East. Our dedicated R&D team drives innovation by developing new products and refining existing formulations to meet evolving market trends and demands. Each innovation is rigorously tested to ensure it meets the highest quality standards, CBNME INTERVIEW Henkel’s innovative construction solutions power the region’s ambitious projects, making them the trusted leader in advanced building technologies 20 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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guaranteeing exceptional performance and reliability. With a robust portfolio of over 400 products, Henkel Polybit provides solutions designed to address each market’s specific geographic conditions and application requirements. This localised approach ensures that our products deliver optimal performance and comprehensive solutions, regardless of region. A cornerstone of our R&D efforts is our Global Competence Centre for Waterproofing, located at the Henkel Polybit regional headquarters in Umm Al Quwain. This state-of-the-art facility is equipped with advanced technology that enables us to test, engineer, and innovate products that meet the highest quality standards. Through these initiatives, Henkel not only addresses the unique challenges of the construction sector across the Middle East but also reinforces its commitment to delivering high- quality, reliable solutions that drive progress, efficiency and sustainability in the industry. What is your vision for the construction industry’s future, and how does Henkel plan to remain at the forefront of innovation and sustainability? At Henkel, our vision for the construction industry’s future is rooted in sustainable and profitable growth, extending well into 2025 and beyond. We aim to shape the industry’s future by prioritising customer centricity, fostering innovation, enhancing agility, and driving digital transformation. Sustainability remains at the heart of all our business activities, reinforcing our commitment to creating long- term value and maintaining our leadership in the industry. To stay at the forefront of innovation, we strongly emphasise collaborative teamwork and empowering our people. We are committed to upskilling our workforce to ensure they have the capabilities to navigate future challenges and opportunities. By fostering a sense of belonging and supporting continuous professional growth, we are building a resilient foundation that will enable us to lead the construction industry toward sustainable development. Through these efforts, we aspire to meet and exceed the evolving demands of the construction sector, driving progress and innovation while staying true to our claim of being pioneers at heart for the good of generations. INNOVATION IN EVERY LAYER Installation crews coordinating Polybit waterproof membrane placement with supervision team WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 21

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CBNME PROJECT A l Badia Living is a masterpiece thoughtfully crafted through extensive market research to meet the growing demand for community-focused living, lifestyle hubs, and sports spaces. Its design transcends mere construction, focusing on creating a vibrant, inclusive community. Seamlessly aligned with Dubai Festival City’s identity as a holistic destination, the development combines resort-style amenities with a lively atmosphere where indoor sophistication meets the charm of outdoor serenity. Offering an exceptional blend of world-class residential, commercial, and lifestyle experiences, Al Badia Living reflects a vision of modern living deeply rooted in sustainability and urban harmony. Embodying Dubai’s broader ambition for eco-conscious urban integration, Al Badia Living redefines connected living. “With high-quality, sustainable spaces and an ethos prioritising community and the environment, it is a beacon of the city’s drive toward a greener, more connected future. It’s more than a residence—a lifestyle where innovation, sustainability, and community come together to create an elevated way of life,” shares Murali Serpakkam, Managing Director of Al Futtaim Contracting Group. Designed for families, couples, and individuals seeking an active, community-centred lifestyle, Al Badia Living ensures that every detail enhances modern living. Catering to this dynamic audience, the development boasts Murali Serpakkam, Managing Director of Al Futtaim Contracting Group, invites you on an exclusive journey behind the curtain of Al Badia Living—an architectural gem seamlessly woven into the grandeur of the Dubai Festival City masterplan Words by: Vibha Mehta Crafted For Life 22 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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CRAFTED FOR LIFE Al Badia Living redefines urban luxury, seamlessly blending resort-style comfort with city vibrancy, creating a connected and sophisticated community in Dubai

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state-of-the-art fitness centres, shimmering swimming pools, a vibrant dog park, and inviting BBQ areas—all crafted to foster wellness and connection. The community-centric approach ensures that residents experience a true sense of belonging, making Al Badia Living more than just a residence. Convenience and community intertwine at Al Badia Living with curated programming that fosters meaningful connections among neighbours. Residents enjoy the ease of an on-site café, pharmacy, and concierge services, blending comfort with accessibility. The Al- Futtaim ecosystem enhances this experience by offering value-added perks like a customisable IKEA and Ace bundle, allowing tenants to tailor their homes before moving in. This ensures a seamless transition into a lifestyle that is as vibrant and enriching as the community itself. Al Badia Living is more than a home— it’s an invitation to thrive in a space where convenience, community, and modern living converge beautifully. Murali highlights, “The project embraces a wide array of sustainable design elements and eco- friendly practices, prioritising environmental stewardship and operational efficiency. Targeting LEED Silver certification underscores a strong commitment to sustainability with energy- efficient infrastructure and innovative features such as solar panels, even in shaded car parks, to significantly reduce energy consumption.” The community also champions green mobility with EV charging stations, ensuring seamless CBNME PROJECT Murali Serpakkam, Managing Director of Al Futtaim Contracting Group 24 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM WWW.CBNME.COM

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CRAFTED FOR LIFE accessibility for electric vehicles. Sustainability is ingrained in every phase, from design and construction to ongoing operations, employing cutting-edge technologies to optimise energy use over time. These thoughtful measures reflect a forward-thinking, holistic approach to sustainable urban living, setting a new benchmark for eco-conscious developments. “Additionally, Al Badia Living aligns perfectly with the Dubai Festival City master plan, offering residents unparalleled convenience and lifestyle advantages,” adds Murali. The development is seamlessly connected to world-class shopping, dining, and entertainment venues, with walkable pathways and complimentary shuttle services providing easy access to Dubai Festival City Mall, Al Areesh Club, and top educational institutions. Combining waterfront dining with urban accessibility, Al Badia Living reimagines modern living, delivering a harmonious blend of indoor comfort and outdoor energy within a thoughtfully designed, vibrant community. Moreover, Al Badia Living captures the essence of modern living by addressing the growing demand for community- focused spaces that prioritise lifestyle and connection. Rooted in the philosophy of thriving together, this market-driven development blends active spaces, lifestyle programming, and sustainability, creating a haven where residents feel truly at home. Murali says, “Every element has been thoughtfully curated to cater to contemporary preferences—whether it’s the inviting amenities or the effortless access to Dubai Festival City’s world-class shopping, dining, and leisure experiences.” A development project of more than a hundred villas just next to the current community is set to launch towards the end of 2025, further meeting market demand for 4- and 5-bedroom villas. The initial market feedback on Al Badia Living has been overwhelmingly positive. Since its launch just a few months ago, over 80 apartments have been leased, highlighting strong demand for its offerings. Residents have enthusiastically embraced the leasing model, which provides premium living arrangements managed by a reputable landlord and a trusted brand like Al-Futtaim. “There has also been significant interest in the thoughtfully designed amenities and lifestyle programming, which are tailored to enhance the overall quality of life and create a vibrant, community-centric living experience,” concludes Murali. Left and right: Al Badia Living embodies a vision of contemporary elegance, where sustainability and urban harmony intertwine, crafting a lifestyle that is both conscious and effortlessly sophisticated Designed for vibrant living, Al Badia Living offers cutting-edge fitness centers, serene pools, a lively dog park, and inviting BBQ spaces, all fostering wellness and community spirit WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 25

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As the CEO of Trojan General Contracting, what is your vision for the company, and how do you plan to steer it toward greater success? At Trojan General Contracting, our vision is to be at the forefront of innovation, sustainability, and excellence in the construction industry. We are committed to delivering world-class infrastructure and residential projects that meet and exceed expectations, contributing to the UAE’s ambitious development goals. Our strategy for tremendous success is built on three core pillars: innovation, sustainability, and human capital. We are integrating advanced technologies such as AI-driven project management and modular construction to enhance efficiency and reduce timelines. Sustainability remains a key focus, emphasising eco-friendly building materials and energy-efficient practices that align with the UAE’s net-zero vision. Equally important is our investment in talent development. By fostering a culture of collaboration, continuous learning, and leadership, we empower our teams to drive progress and deliver outstanding results. As we move forward, Trojan will continue strengthening its position as a trusted partner in the industry, driving excellence in every project and contributing to the region’s evolving infrastructure landscape. What key strategic goals will you prioritise in the coming years? Engr. Mohamed Mahmoud, CEO of Trojan General Contracting, unveils the company’s unwavering dedication to shaping world-class infrastructure and redefining residential excellence. With a vision rooted in innovation and precision, he shares how Trojan continues to build iconic landmarks that stand as testaments to quality, resilience, and architectural brilliance Mastering Modern Infrastructure The largest of the four Guggenheim museums, Guggenheim Abu Dhabi will anchor the Saadiyat Cultural District, a vibrant global arts hub featuring world- renowned museums, galleries, and performance venues 26 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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MASTERING MODERN INFRASTRUCTURE Our key focus is expanding into new market segments, particularly power and industrial EPC while maintaining our position as the UAE’s leading construction company. We are also strengthening our regional presence with strategic growth plans in Saudi Arabia, Jordan, and Egypt. By leveraging our expertise, innovation, and operational excellence, we aim to drive sustainable expansion and deliver high-impact projects across the Middle East. How does Trojan plan to adapt to sustainability and technological innovation trends? Trojan is committed to integrating sustainable practices and cutting- edge technologies across all operations. We are adopting eco-friendly materials, energy- efficient designs, and green building certifications to align with global sustainability goals. We are leveraging AI, BIM, and modular construction on the technology front to enhance efficiency, reduce waste, and improve project delivery. By staying ahead of industry trends, we ensure our projects are innovative and environmentally responsible. Can you share insights into upcoming or ongoing flagship projects? Trojan is actively engaged in several high-profile projects that showcase our expertise and commitment to excellence. Our ongoing developments include the Velodrome Abu Dhabi, a state-of-the-art cycling arena; Mina Zayed Fisherman’s Wharf, a revitalised waterfront destination; and iconic cultural landmarks like The Guggenheim Museum and Zayed National Museum. Additionally, we are contributing to the region’s infrastructure growth with projects like Hafeet Rail, reinforcing our role in shaping the UAE’s future. What challenges and opportunities do you foresee in the current market? The construction industry faces challenges such as fluctuating material costs, supply chain disruptions, and the need for skilled labour. However, these challenges also present opportunities for innovation and growth. Advancements in technology, sustainable building practices, and expanding infrastructure projects across the Middle East—particularly in Saudi Arabia, Jordan, and Egypt—create new avenues for Trojan. By leveraging our expertise and adaptability, we aim to turn these challenges into opportunities for long-term success. How will Trojan integrate sustainability into its operations? Sustainability is at the core of our operations. To reduce our environmental footprint, we are adopting eco-friendly materials, energy-efficient construction methods, and green building certifications. Our focus includes waste reduction, water conservation, and incorporating renewable energy solutions. By integrating sustainable practices at every stage of our projects, we align with global and regional sustainability goals while delivering long-lasting, environmentally responsible developments. How will you foster innovation and collaboration within your team? We cultivate a culture of innovation by embracing advanced construction technologies, AI-driven project management, and digital transformation. Collaboration is key to our success—we empower our teams through continuous learning, cross-functional teamwork, and open communication. By investing in talent development and fostering a dynamic work environment, we ensure that our teams remain agile, innovative, and equipped to drive Trojan’s long-term growth. Where do you see Trojan in five years? In the next five years, Trojan aims to be a leading force in sustainable construction and diversified infrastructure. With over 98% of this year’s revenue coming from green building projects, we are committed to further integrating sustainability into our operations. We envision expanding our footprint across the Middle East, strengthening our presence in Saudi Arabia, Jordan, and Egypt, and becoming a key power and industrial EPC player. By driving innovation, sustainability, and regional growth, we will continue shaping the future of construction. Engr. Mohamed Mahmoud, CEO of Trojan General Contracting

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CBNME MEP How do you view the growth of electrification in the Middle East’s construction and MEP sectors, and what unique opportunities does this region offer? The Middle East represents a significant growth market for electrification, particularly with the region’s rapid urbanisation and focus on sustainable development. ABB has had a presence in the Middle East since 1926 and, most notably, has been a stable partner in the UAE since 1976, where we have helped to transform the region’s energy landscape through digitalisation initiatives and clean energy integration. As the region seeks to diversify its energy mix away from gas and oil, we can expect to see a greater emphasis on renewables in the coming years. In particular, Saudi Arabia has set one of the most ambitious targets in the region as it aims for 50% renewable energy by the end of this decade. At ABB, we have seen a concerted shift in how energy needs are factored into ambitious infrastructure projects, from iconic buildings like the Burj Khalifa to sustainable smart city initiatives like those in Masdar City and Dubai. Our expertise in critical infrastructure extends across the region, from providing comprehensive electrification solutions for the Al Taweelah Desalination Plant in the UAE – one of the world’s largest reverse osmosis facilities – to powering Egypt’s Bahr El Baqar water treatment plant. These facilities rely on ABB’s integrated electrical infrastructure and digital solutions to maintain continuous operations, enabling predictive maintenance and real- time optimisation while supporting sustainable water provision across their regions. How is ABB supporting the construction industry in adopting sustainable electrification solutions, particularly in achieving energy efficiency and net-zero goals? ABB Electrification Services aims to deliver measurable results for sustainable construction. As shown in our global implementations, our modernisation solutions help extend the lifetime of critical infrastructure by as much as 30 years while improving energy capacity by up to 20%. By extending the life of equipment in service, companies can avoid emissions, replace CapEx investments with OpEx costs, and improve the sustainability of their facility. At EnBW, one of Europe’s largest energy suppliers, our asset modernisation solutions have ensured critical energy production efficiency while elevating safety, sustainability and Marco Tellarini, ABB’s Head of the EMEA Region, illuminates his vision for the future of electrification in the Middle East Voltage-Driven Vision Marco Tellarini, ABB’s Head of the EMEA Region 28 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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predictability. The impact on maintenance and operations is significant – our goal is to help our customers reduce maintenance costs by up to 85% and keep facilities running with up to 90% less downtime. What roles do smart technologies and digital solutions play in advancing electrification within the MEP sector, and how are they transforming building operations? Smart technologies and digital solutions are changing how we think about building operations and maintenance in the MEP space. We are seeing a massive shift from reactive to predictive maintenance, where real-time monitoring and data analytics are crucial to optimising system performance and energy efficiency. The future of electrical infrastructure lies in creating intelligent, responsive systems that can predict and prevent issues before they disrupt operations. Second, cloud-based solutions and remote diagnostics are also transforming traditional maintenance models, making it possible for service providers to monitor and optimise electrical systems from anywhere in the world. This shift isn’t just about technology—it’s about fundamentally rethinking how we manage and maintain our built environment to be more efficient and sustainable. Which areas in construction and MEP, such as infrastructure projects or building management systems, are leading in adopting electrification solutions in the Middle East? Smart cities are at the forefront of urban development in the Middle East. The World Bank estimates that 70% of the global population will live in cities by 2050, making the need for intelligent urban infrastructure more pressing than ever. In our region, several key sectors are leading this transformation. Data centres remain a significant growth area where reliable power and precise energy management are mission-critical. Large-scale transport infrastructure projects like the Dubai Metro highlight ways integrated electrification solutions can enhance urban mobility. The commercial building sector is also advancing rapidly, with projects like the Four Seasons Hotel Doha highlighting how smart energy systems can enable efficiency and predictive maintenance capabilities. In other markets globally, we see how businesses pair this ‘as-a-service’ business model to mitigate the upfront costs often associated with implementing renewable energy sources. It remains to be seen whether we are likely to see similar dynamics emerge in the Middle East, but it speaks to the structural roadblocks faced by businesses looking to green their energy sources. However, what’s particularly interesting is the broader trend toward comprehensive smart city developments. These projects aim to leverage digital technologies to transform urban living and governance through artificial intelligence, data, and the Internet of Things. While they offer significant potential for improving sustainability and service delivery, they also bring important considerations around implementation and governance. The key will be ensuring these technologies enhance quality of life while supporting sustainable urban development. VOLTAGE-DRIVEN VISION ABB’s portfolio of water management technology solutions is designed to mitigate water scarcity, increase water quality and drive energy efficiency at each stage of the groundwater cycle to ensure the correct flow of water from ground to the glass WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 29

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What challenges does ABB face in driving electrification adoption in large-scale construction and MEP projects across the region, and how is the company addressing these issues? Today, ABB Electrification Services manages a vast installed base spanning 17 million installations of low—to medium-voltage equipment components and systems worldwide. In implementing large-scale electrification projects across the region, we have seen that many businesses here face the same challenges as their global counterparts, especially concerning cost concerns. At the same time, we are beginning to see demand for retrofitting and modernisation programs across the region, especially for electrical systems dating back more than 50 years. These systems require careful modernisation. We use a phased approach that allows customers to maintain operations and maximise their existing capital expenditure while minimising disruption through scheduled installations and planned maintenance. How are regional government regulations and sustainability initiatives influencing the adoption of electrification in the construction and MEP sectors? Could you share some of ABB’s key innovations or solutions designed specifically for electrification in the building and MEP industries in the Middle East? In the Middle East, government regulations and sustainability initiatives are increasingly shaping the adoption of electrification in construction and MEP sectors, as evidenced by landmark projects like the Burj Khalifa in UAE and the Four Seasons Hotel in Qatar. These regulations mean stricter energy efficiency requirements, pushing construction and MEP sectors to adopt smart energy monitoring systems and upgrade existing electrical infrastructure. Sustainability initiatives across the region are simultaneously promoting the integration of renewable energy systems and modernising electrical infrastructure to support the clean energy transition. Notable examples CBNME MEP 30 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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include the Sharjah Electricity & Water Authority in the UAE, which chose to upgrade its systems with low- voltage digital units that reduce costs while improving efficiency. This is a clear demonstration of the region’s drive towards actively balancing its traditional energy heritage with forward-looking sustainability initiatives. What is your vision for the future of electrification in the Middle East’s construction and MEP sectors, and how does ABB plan to contribute to this transformation? The future of electrification in the Middle East represents a pivotal shift in how we approach construction and infrastructure development. As the region continues its ambitious sustainability trajectory, integrating smart technologies and environmentally conscious practices will become critical for long-term business resilience. Digital transformation and sustainability are no longer separate considerations but fundamentally interconnected concepts that will shape how buildings and facilities operate. Success will depend on our ability to balance technological advancement and practical implementation, ensuring that innovations in predictive maintenance and smart systems deliver tangible benefits in efficiency and reliability. I believe the construction and MEP sectors have a unique opportunity to lead this transformation, creating a blueprint for sustainable development that honours the region’s proven expertise in managing complex infrastructure and energy systems. VOLTAGE-DRIVEN VISION Emerging trends in the water industry, such as digital transformation, sustainable water management, and climate change adaptation, are driving the development of innovative solutions to address global water challenges ABB’s solutions for wastewater help utilities be safer, smarter and more sustainable by streamlining process operations, optimizing the plant energy usage, and helping with regulatory compliance requirements WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 31

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S tanley Black & Decker (SBD) has enjoyed a dynamic and successful journey across the Middle East and Africa, with Parmesh Venkateswaran, General Manager for the region, proud to contribute to the company’s legacy and its role in the UAE’s growth story. Leveraging over two decades of international experience, Parmesh has used his time at SBD to navigate diverse markets, foster a culture of innovation and collaboration, and develop strategic, region-specific plans. The MENA region continues to thrive as a hub for construction and industrialisation, driven by ambitious government visions, a robust economy, and rapid infrastructure growth. SBD serves a wide range of markets across this dynamic region, catering to the needs of diverse and discerning customers. Parmesh’s focus has been on strengthening the company’s value chain at every step to ensure consistent excellence. SBD centres its strategy on end users, addressing their challenges by offering on-ground support, training, and education to maximise productivity. Simultaneously, the company collaborates closely with channel partners to navigate the region’s unprecedented growth, solidifying its essential role in the construction ecosystem and contributing to its ongoing development. EMBEDDING INSIGHTS Parmesh’s career has taught him a fundamental principle: prioritise user needs and challenges to drive product innovation. This approach has enabled Stanley Black & Decker to uncover key insights that consistently enhance end users’ safety and productivity. One of the standout initiatives focused on safety is the DEWALT PERFORM & PROTECT™ line, which integrates advanced features to improve job site safety and efficiency. These innovations include reducing handle vibration, minimising risks of binding-related injuries, controlling exposure to airborne dust, and ensuring safer working conditions at every level. On-ground research has been instrumental in shaping their solutions by gathering firsthand insights from users. A prime example is POWERSHIFT, a cordless tool line designed to bridge market gaps and revolutionise regional job sites. With a sharp CBNME MACHINERY Parmesh Venkateswaran, General Manager - Middle East & Africa at Stanley Black & Decker, highlights the growing demand for safer, ergonomic tools with features like auto shut-off to reduce risks and strain TOOLS OF TOMMORROW Parmesh Venkateswaran, General Manager - Middle East & Africa at Stanley Black & Decker 32 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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focus on worker safety, these tools address critical needs such as battery life, tool runtime, and job site safety while eliminating cords. By disrupting traditional workflows, this innovative line meets the growing demand for tools with features like automatic shut- off systems and ergonomic designs, effectively reducing injuries and strain while transforming the construction environment. TRENDS Sustainability and Eco-Friendly Solutions The construction industry increasingly prioritises sustainability, emphasising eco-friendly materials and energy- efficient tools and machinery. This shift includes adopting cordless, battery-powered equipment to reduce carbon emissions and promote greener practices on job sites. Safety Enhancements Worker safety remains a top priority, driving demand for tools equipped with advanced safety features like automatic shut-off systems and ergonomic designs that minimise injuries and strain. Companies are also transitioning to cordless tools, which enhance job site safety by eliminating tripping hazards and reducing the risk of electrical accidents associated with corded equipment. These advancements are helping create safer, more efficient work environments for construction professionals. Innovations at the Jobsite DEWALT leads the way in job site innovation by actively learning from real-world conditions to refine its products for better performance, ease of use, and productivity. DEWALT integrates features like Bluetooth technology into its tools, inspired by cutting-edge technologies in space exploration and aviation. Their product innovations, such as Grabo, which is designed with a high-load capacity, pressure sensors, and powerful suction for lifting heavy construction materials, demonstrate their commitment to simplifying and enhancing the work of construction professionals, making job sites safer and more efficient. PRODUCT INNOVATION X SUSTAINABILITY The latest cordless tool range aligns with the sustainability objectives of Saudi Vision 2030 and the UAE’s Green Economy initiatives by prioritising energy efficiency and reducing emissions. Designed to rival petrol- powered tools, these solutions deliver exceptional efficiency and productivity while minimising carbon footprints and encouraging cleaner energy practices. Additionally, they feature advanced cooling systems and protective mechanisms to ensure durability and reliability, even in the Middle East’s challenging climates. This emphasis on longevity allows construction professionals to depend on their tools for consistent performance, no matter the conditions. THE TRANSITION DEWALT research reveals that 73% of Middle East construction firms are shifting toward cordless tools, driven by a focus on efficiency and sustainability. This transition is fueled by the enhanced mobility and safety cordless tools provide, eliminating tripping hazards and boosting job site productivity while supporting regional goals of reducing emissions and fostering cleaner, more efficient work environments. DEWALT has been instrumental in this shift, educating end users and safety managers on the benefits of cordless solutions, leading to over 250 of their cordless power tools being widely adopted across MEP, civil, and interior finishing industries. POWERSHIFT™ CORDLESS SYSTEMS The POWERSHIFT™ cordless system is a groundbreaking innovation, offering consistent performance and exceptional reliability. Designed to boost construction efficiency, productivity, and safety, this versatile system supports a wide range of cordless tools. Its interchangeable battery system minimises downtime by allowing seamless use across multiple devices, enhancing job site productivity. The cordless design improves mobility and flexibility, eliminating tripping hazards and prioritising safety. Advanced battery management ensures optimal performance and extends tool lifespan, reducing maintenance and work interruptions. POWERSHIFT™ delivers a dependable, user-friendly solution tailored to the demands of modern construction projects. POWERSHIFT™ 554Wh Battery The POWERSHIFT™ 554Wh battery is specifically designed to tackle the Middle East’s harsh climate challenges. Its high capacity ensures extended runtime, boosting productivity in demanding conditions while reducing carbon emissions by up to 60% compared to traditional gas-powered equipment. DEWALT’s POWERSHIFT™ system addresses three critical construction functions: preparation, placement, and coring. These tools are built to perform reliably in extreme temperatures, a common challenge in the region. Advanced thermal management technology prevents overheating, enhancing safety and durability, making them a dependable solution for tough job site conditions. TOOLS OF TOMMORROW The DEWALT POWERSHIFT™ battery offers exceptional runtime, delivering 1,115m² on one charge WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 33

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CBNME COVER STORY Sameh Muhtadi, CEO of RAK Properties, unveils Mina—Ras Al Khaimah’s crown jewel of island living. Spanning 4 million sqm, this coastal masterpiece blends Raha Island, Hayat Island, and Lagoons, offering a sanctuary of luxury, serenity, and seamless connectivity to the emirate’s economic pulse Words by: Vibha Mehta Waves, Wonders, andWhimsy 34 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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WAVES, WONDERS, AND WHIMSY T here’s something genuinely magical about Mina—it’s not just a development; it’s a vision brought to life. As Ras Al Khaimah’s only master-planned community, Mina is redefining what it means to live by the sea. It’s more than just luxury; it’s about creating a place where every sunrise over the water feels like a privilege, where community, connectivity, and sustainability come together in perfect harmony. Redefining Island Life Designed for those who dream of coastal living, Mina offers an exquisite mix of homes, from waterfront villas to branded apartments, each with seamless access to pristine beaches, lush green spaces, and vibrant lifestyle hubs. RAK Properties has taken this vision even further by partnering with Hive, introducing fresh, innovative concepts that enrich the living experience, making Mina a destination that caters to every kind of resident and investor. But what truly sets Mina apart is its soul. It’s not just about the homes but about the life unfolding here. With two world-class hotels, InterContinental Ras Al Khaimah Mina Resort & Spa and Anantara Mina Ras Al Khaimah Resort, plus chic beach clubs, gourmet dining, and cosy cafés, every moment here is designed for indulgence and connection. It’s a place where weekends turn into mini-vacations, where the sound of waves replaces city noise, and where luxury isn’t just a feature—it’s a way of life. Mina, Ras Al Khaimah’s premier master-planned community, is reshaping coastal living, blending luxury, nature, and seamless waterfront experiences like never before WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 35

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Correspondingly, Mina’s visionary plans boast standout amenities, including a yacht club, wharf, and a lively marina boulevard—an inviting, walkable space featuring boutique shopping and gourmet dining. Complemented by premium beach clubs and prestigious hospitality partnerships, these elements align with the transformation agenda, ensuring an unmatched lifestyle and leisure experience. “We are trying to do something different in Ras Al Khaimah, particularly in Mina, by creating genuine communities that bring people together and make it easy for them to connect – fostering a new way of life for the people who live in Mina. We are confident that Mina will be the most desirable address in Ras Al Khaimah and beyond,” explains Sameh Muhtadi, CEO of RAK Properties. Innovation In Every Element Investors are increasingly drawn to opportunities that align with Environmental, Social, and Governance (ESG) principles, reshaping the real estate landscape. This evolving demand creates a prime opportunity for developers like RAK Properties, where sustainability goes beyond a trend—a core philosophy fueling innovation and purposeful growth. Sameh adds, “We have designed every aspect with the future in mind – from preserving mangroves that provide sanctuary for local wildlife to integrating eco-friendly practices that will protect the land and sea for generations to come.” He continues, “A great example is our decision not to disturb the seabed during Anantara’s development. By avoiding dredging, we preserved the natural habitat of migrating birds while continuing to develop responsibly.” Mirasol, Mina’s First 2025 launch RAK Properties recognises that today’s investors and residents desire more than just a stunning home—they seek a holistic living experience that blends relaxation, recreation, and vibrant social connections. Mirasol embodies this vision, offering an immersive sanctuary where coastal elegance meets modern indulgence. Designed with resort-style amenities, Mirasol creates an atmosphere of tranquillity and community. Residents can unwind in the oasis-style pool, lounge in sunken seating areas, or enjoy open-air movie nights under the stars. A dedicated yoga studio provides CBNME COVER STORY Sameh Muhtadi, CEO of RAK Properties 36 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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a space for mindfulness and well-being, while the entire development offers seamless access to Mina’s breathtaking waterfront and pristine beaches. Adding a gourmet touch, Mirasol will be home to a signature restaurant by Michelin-starred chef Vicente Torres, renowned for his boundary-pushing culinary artistry. With its fusion of world-class dining, serene landscapes, and luxury amenities, Mirasol isn’t just a residence—it’s a destination where life unfolds beautifully. “Mirasol is also significant because it marks the first project in our ambitious 2025 development pipeline. It sets the tone for our future endeavours, showcasing our commitment to innovation, quality, and creating exceptional holistic lifestyle experiences,” shares Sameh. A vibrant social and lifestyle hub “The Mina Yacht Club and Wharf are fundamental to our vision for Mina. They will be the catalysts that transform the island into a thriving waterfront destination, a place where a passion for the sea meets a sophisticated lifestyle. As someone who deeply appreciates the allure of the water, I find this aspect of Mina to hold special significance for me,” highlights Sameh. The Mina Yacht Club is set to become a premier destination for yachting enthusiasts. Equipped with state-of- the-art facilities catering to luxury motor yachts and sailboats, the club is designed to offer a world-class yachting experience. It leverages the UAE’s exceptional sailing conditions while also introducing a variety of water sports and sailing schools, making maritime adventures accessible to all. Seamlessly linking the Yacht Club and the Wharf, Mina Boulevard will emerge as a dynamic lifestyle hub. This waterfront promenade will feature an array of upscale restaurants and cafés, each offering a distinctive culinary experience with breathtaking views. In addition, a curated selection of high- end boutiques will line the boulevard, showcasing exclusive collections and locally inspired treasures, creating a sophisticated and immersive destination for residents and visitors alike. He continues, “We believe that the Mina Yacht Club and Wharf will be instrumental in creating a strong sense of community on Raha Island. They will provide a place to connect, unwind, and celebrate their shared passion for the waterfront lifestyle.” This is how they are redefining island living in Ras Al Khaimah by creating a destination that seamlessly blends luxury, leisure, and a deep appreciation for the sea. Sneak-Peak Into Luxury Hospitality Partnerships Extremely excited, Sameh says, “These partnerships truly reflect the standard we are bringing to this exceptional destination. We’re not just attracting global luxury brands; we’re partnering with like-minded visionaries who share our passion for creating a destination that stands out on the world stage.” Currently, they have two operational hotels within Mina: Anantara Mina Al Arab Ras Al Khaimah Resort, which has seen tremendous success since opening last year, and InterContinental Ras Al Khaimah Mina Al Arab Resort & Spa, both of which have set the tone for the calibre of offerings they aim to deliver. And there’s much more to come. The pipeline includes diverse hospitality options that cater WAVES, WONDERS, AND WHIMSY Enhanced by exclusive beach clubs and world- class hospitality, these features embody a bold transformation, crafting an unparalleled blend of luxury, leisure, and coastal charm Mina’s vision includes a yacht club, wharf, and vibrant marina boulevard with boutique shopping and gourmet dining. Enhanced by luxury beach clubs and top-tier hospitality, it promises an unparalleled lifestyle and leisure experience WWW.CBNME.COM

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CBNME COVER STORY to different needs while maintaining a consistent level of excellence. Collaboration with globally recognised brands will not only enhance Mina’s appeal but also position it as a long-term value generator for residents, investors, and the broader Ras Al Khaimah market. These partnerships elevate the emirate’s reputation as a luxury destination, attracting discerning buyers and creating truly iconic experiences that set Mina apart. The New Living Mina takes a bold and refreshing approach to modern living with its car-free philosophy— not just a feature but a transformative vision shaping a more connected, serene community. Prioritising pedestrian-friendly spaces and minimising vehicle traffic, Mina fosters an atmosphere of tranquillity, safety, and seamless interaction. “By placing people, not cars, at the heart of the community, we are redefining what it means to truly connect with one’s surroundings,” he shares. Picture yourself strolling along the waterfront, undisturbed by traffic, or watching children play freely in open spaces without worrying about passing cars. This is the Mina experience— where urban convenience meets unspoiled serenity. This forward-thinking approach resonates deeply with today’s residents and investors, who seek more than just luxury; they crave wellness, sustainability, and a lifestyle harmonising with nature. A car-free environment enhances daily living and contributes to a smaller environmental footprint, making Mina a blueprint for the future of conscious, community- driven living. Unique Investment Opportunities Mina isn’t just a place to live—it’s a destination of distinction, offering an unparalleled blend of exclusivity, sustainability, and high investment potential. Whether as a permanent residence, a serene holiday retreat, or a high-yield asset, Mina is designed to deliver strong capital appreciation and rental returns, bolstered by Ras Al Khaimah’s flourishing economy and strategic growth. More than just an address, Mina is a sanctuary of mindful living, seamlessly integrating natural beauty, eco- conscious design, and effortless connectivity. Unlike dense urban developments, this low-density coastal haven offers a refreshing alternative for discerning investors and residents seeking a tranquil and world-class lifestyle. Accessibility is set to redefine convenience with upcoming air taxis, ferries, and hydrofoils, ensuring seamless travel within the UAE and beyond. Meanwhile, Ras Al Khaimah’s expanding network of direct international flights enhances Mina’s status as a global investment hotspot. “For investors who prioritise sustainability, Mina is the perfect alignment with ESG-driven values,” shares Sameh. “Our development strategy is rooted in sustainability, strengthened by strategic partnerships with like-minded brands to maximise long-term value while making a meaningful impact on the environment and community.” Investor confidence in Ras Al Khaimah is at an all-time high, further validated by Standard & Poor’s (S&P) Global recent credit rating upgrade from ‘A-/A-2’ to ‘A/A-1’ with a stable outlook—a clear indicator of the emirate’s economic strength and rising appeal as a premier investment hub. Additionally, with the RAK government increasing its stake in RAK Properties to 34%, the backing of key stakeholders underscores a firm vote of confidence in Mina’s vision, growth, and long-term success. Architecting Natural Elegance At RAK Properties, architectural ambition is not about dominating the landscape but embracing it. “Our goal is to ensure that every development harmonises with Ras Al Khaimah’s breathtaking natural beauty rather than overshadowing it,” comments Sameh. Mirasol brings this vision to life, offering a serene retreat where coastal sophistication meets contemporary luxury. With resort-inspired amenities, it fosters a harmonious blend of tranquility and vibrant community living 38 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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WAVES, WONDERS, AND WHIMSY This philosophy drives a thoughtful, eco-conscious approach to design, where factors like scale, orientation, and green integration are carefully considered. Instead of just building structures, RAK Properties crafts environments—spaces that elevate the landscape rather than disrupt it. A prime example is Mina, where the preservation of mangrove habitats has been seamlessly woven into the master plan. This commitment not only safeguards a vital ecosystem but also creates a distinctive, serene environment for residents to enjoy— one where nature and architecture coexist in perfect harmony. The ultimate vision is to blend ambition with responsibility, crafting skylines that are as sustainable as they are stunning. By prioritising innovation and environmental stewardship, Sameh and his team are shaping a future where Ras Al Khaimah’s identity is reflected not just in its architecture but also in its deep-rooted connection to nature. Shaping Tomorrow’s Aspirations Ras Al Khaimah is undergoing a transformative era of growth, with the government making significant investments in infrastructure to drive economic expansion. In alignment with this vision, RAK Properties works with government initiatives, ensuring its developments seamlessly integrate with the emirate’s evolving landscape. “This collaborative approach allows us to build from the ground up, crafting projects that not only enhance the skyline but also contribute meaningfully to the long- term prosperity of Ras Al Khaimah,” explains Sameh. RAK Properties has been on a journey of transformation, guided by a commitment to creating lasting value for shareholders, customers, and the communities it serves. With strong market performance and a focus on operational excellence, the company continues to see growing demand for its developments—a testament to its ability to deliver exceptional returns while shaping the future of RAK’s real estate landscape. Innovating RAK’s Future Ras Al Khaimah is rapidly carving its identity as a vibrant and dynamic real estate market, offering a compelling alternative to other regional investment hubs. RAK Properties is at the forefront of this transformation, witnessing a surge in demand from buyers seeking value, a balanced lifestyle, and access to a flourishing economy. With the emirate’s GDP projected to grow by 80% by 2030 and hospitality playing a major role, RAK’s investment potential has never been more substantial. The region’s forward-thinking, sustainability- driven government continues to lay the groundwork for exceptional opportunities, making it a golden era for real estate investment. “At RAK Properties, we have a proven track record of delivering ahead of schedule,” shares Sameh. Meticulous planning, strong project management, and a commitment to excellence have led to the successful execution of landmark projects such as Marbella Villas and Gateway Residences, completed ahead of time and currently boasting 100% occupancy. With construction progressing smoothly across their latest developments, RAK Properties remains dedicated to setting new industry benchmarks. Beyond just building, RAK Properties has cultivated a thriving ecosystem, partnering with local suppliers and service providers to ensure an unparalleled customer experience. From sourcing bespoke materials to offering tailored furniture packages and premium facility management, the company has created a network that caters to every need. Simply put, no one understands Ras Al Khaimah better. Looking ahead, the company is poised for even greater expansion. “We have a robust pipeline of projects set to launch over the next two to three years, with our 2025 pipeline alone representing a record AED 5 billion in gross development value,” concludes Sameh. With conservative estimates indicating a shortage of 40,000 housing units in Ras Al Khaimah, these upcoming projects will be crucial in addressing demand and reinforcing RAK Properties’ position as the driving force behind the emirate’s real estate evolution. Leading this transformation, RAK Properties is experiencing a rising demand from buyers drawn to its promise of value, a harmonious lifestyle, and prime access to a thriving economy WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 39

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T he construction industry has long been seen as a man’s world—a domain of towering cranes, steel frameworks, and rugged job sites. Yet, in the midst of this traditionally male-dominated sector, a quiet revolution is taking place. As a female editor covering this industry, I feel both proud and privileged to be writing this feature, highlighting the incredible women reshaping construction. Their presence is no longer an exception but a powerful testament to resilience, skill, and the unwavering pursuit of progress. For far too long, the notion of hard hats and high heels in the same sentence seemed like a contradiction. Today, it is a bold statement of empowerment. Women in construction are proving that strength is not measured by muscle alone but by intellect, strategy, and the ability to shape skylines with vision and determination. They are architects of transformation—bringing fresh perspectives to design, sustainability, and urban planning. Despite challenges such as gender biases and the underrepresentation of women in leadership roles, the tide is turning. More companies are actively fostering diversity, recognizing that a workforce enriched by different experiences and perspectives is a workforce poised for innovation. Female engineers, project managers, and skilled laborers are not just filling gaps; they are setting new standards for excellence, efficiency, and creativity. One of the most inspiring aspects of women in construction is their ability to build more than just structures—they build legacies. Their contributions go beyond blueprints and calculations; they pave the way for future generations of young women who aspire to break barriers. Every woman who steps onto a construction site today becomes a role model, a beacon of possibility for those who dream of wielding power tools or leading massive infrastructure projects. There is an undeniable beauty in watching a once- exclusive industry embrace inclusivity. Women bring a unique approach to problem-solving, an eye for detail, and a collaborative spirit that enriches every phase of construction. They are not just rewriting the rules; they are constructing a new era—one where talent has no gender, ambition has no limits, and success is built on merit, not stereotypes. The foundation has been laid. The framework is rising. And at the heart of it all, women are building more than just cities—they are building history. WORDS BY: VIBHA MEHTA Breaking Barriers, Building Futures: WOMEN SHAPING THE CONSTRUCTION INDUSTRY 40 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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CBNME WOMEN IN CONSTRUCTION Norma Shaheen General Manager, Al Masaood Equipment Rental 42 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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NORMA SHAHEEN W ith nearly two decades of career, Norma Shaheen, General Manager of Al Masaood Equipment Rental, has become a trailblazer in the construction industry. Her journey has been defined by leadership, innovation, resilience, and carving a path for others in a traditionally male-dominated field through impactful contributions across oil and gas, modular construction, and equipment rentals. From key roles in purchasing and project management to transforming Al Masaood Equipment Rental into a respected name, Norma’s professional milestones reflect her passion and commitment to excellence. Leadership and Industry Influence As a leader, Norma has always focused on advancing industry standards and fostering an innovative work culture. At the helm of Al Masaood Equipment Rental, she has successfully implemented best practices that enhance operational efficiency and elevate service quality. Beyond her organizational achievements, Norma passionately advocates for gender equality in construction. She actively mentors women in leadership, encouraging inclusivity as a driver of sustainable growth. Her ability to inspire and empower others highlights her belief that diversity is not just a value but a necessity for progress in the industry. Championing Sustainability and Innovation Much of Norma’s career has been dedicated to integrating sustainability, innovation, and technology into construction practices. She has spearheaded initiatives to incorporate environmentally friendly operations, championing energy- efficient equipment in line with global sustainability objectives. Believing in the transformative power of technology, she has led efforts to implement smart equipment management systems, contributing to enhanced efficiency and reduced environmental impact. She aims to shape a more responsible and forward-thinking construction sector through these initiatives. Under her leadership, Al Masaood Equipment Rental has aligned its practices with global sustainability goals, demonstrating how technological innovation can create a more responsible and forward-thinking construction sector. Overcoming Challenges with Resilience Navigating the construction industry has not been without challenges. Overcoming gender biases, managing complex projects in competitive markets, and navigating diverse cultural environments have been integral parts of Norma’s journey. Balancing a leadership position while embracing motherhood added new dimensions to these challenges. Her strategies for overcoming obstacles involve building expertise, fostering strong professional networks, and maintaining resilience. Effective time management, self- discipline, and leveraging support systems have been crucial to her achieving both professional and personal success. Advice for Aspiring Women in Construction To aspiring women in construction, she encourages them to view challenges as opportunities for growth, trust in their abilities, and confidently step into leadership roles. This will help build confidence to take on demanding roles while fulfilling personal responsibilities. She also emphasizes the importance of surrounding themselves with mentors and allies who share their vision and are steadfast advocates for workplace diversity and inclusion. Vision for the Future Looking ahead, Norma aspires to take Al Masaood Equipment Rental to greater heights, making it the leading equipment rental company in the GCC region. With a strategic focus on innovation, excellence in operations, and sustainability, she continues to drive the company’s reputation as a dynamic leader in the industry. Beyond her professional goals, her personal mission is to continue advocating for an inclusive construction sector that empowers women and promotes diverse leadership. Personal Development and Inspiring Others For Norma, personal growth and professional success go hand in hand with inspiring others. She is relentlessly dedicated to refining her skills and expanding her expertise to navigate the constantly evolving construction landscape. She actively seeks opportunities for ongoing education and increased involvement in industry initiatives to further her career. Her journey is not solely about personal growth but also about inspiring other women. By embodying determination and resilience, she aims to demonstrate that women can lead and excel in traditionally male-dominated industries. She seeks to pave the way for future generations, encouraging them to break barriers and achieve their aspirations in the construction field. WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 43

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G hadeer Atallah is the Cultural Assets Development Associate Director at Diriyah Company, where she oversees the development and delivery of cultural assets within the Diriyah masterplan in close collaboration with strategic stakeholders. Ghadeer supported the development and delivery of Diriyah Art Futures (DAF), a digital arts, research, and educational centre embarked on in coordination with Saudi Arabia’s Ministry of Culture. DAF will be the region’s first hub dedicated to new media arts. Ghadeer successfully balanced asserting authority and fostering strong working relationships with the DAF aspiring female leaders to build confidence and excel in managing projects and construction sites. She is equally committed to mentoring the next generation, providing them with the skills and knowledge necessary to succeed. Ghadeer trains architectural students, taking them through the entire project development process, from design to construction. Ultimately, Ghadeer aims to continue leading cultural projects across Diriyah that honour the Kingdom’s rich heritage while contributing to its vision, creating spaces that reflect the nation’s cultural heritage while addressing future challenges. construction team. Her communication and leadership skills were key to DAF’s success, while her credibility was built through consistent, high-quality work and a deep understanding of every aspect of the project. Networking has also played a crucial role in Ghadeer’s journey. She gained valuable insights into overcoming challenges by connecting with other women in the industry and seeking guidance from experienced Diriyah leaders. Her advice to aspiring women in construction is clear: never doubt your abilities. While the industry may present challenges, it also offers significant opportunities for growth, leadership, and innovation. Ghadeer is one of the inspiring women breaking barriers in a male-dominated industry. She is dedicated to inspiring CBNME WOMEN IN CONSTRUCTION Ghadeer Atallah Cultural Assets Development Associate Director, Diriyah Company 44 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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FACEBOOK.COM/CBNME @CBNME CONSTRUCTION BUSINESS NEWS ME WWW.CBNME.COM | APRIL 21ST | RIYADH FOR EDITORIAL OPPORTUNITIES VIBHA MEHTA +971 58 6314145 vibha@bncpublishing.net AYA ZHANG +971 50 784 4794 aya@bncpublishing.net FOR SPONSORSHIP OPPORTUNITIES JOAQUIM D’COSTA +971 50 440 2706 jo@bncpublishing.net ANDREA MOCAY +971 54 502 7927 andrea@bncpublishing.net Gold Partner RECOGNIZING INDIVIDUAL EXCELLENCE, CORPORATE STRENGTHS, AND PROJECT SUCCESS Nominate Now

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CBNME WOMEN IN CONSTRUCTION W ith over a decade of experience in the construction industry, Ayah is a highly skilled Senior Project Manager who has successfully navigated both the contracting and consultancy sides of the field. She began her career in hands- on building construction before transitioning into project management. Since joining Dewan Architects + Engineers in 2021, she has led complex developments, combining technical expertise with strategic oversight to ensure efficient project delivery and stakeholder management. Ayah holds a bachelor’s degree in architecture, a Project Management Professional (PMP) certification, a Diploma in Space Planning and a LEED Green Associate (LEED GA) accreditation. Her diverse background enables her to bridge the gap between architectural vision and structured project management methodologies, ensuring seamless project execution. She believes that the core of project management lies in fostering strong relationships with stakeholders and clients. Understanding and connecting with people on a deeper level leads to better collaboration, healthier working environments, and more innovative solutions. At the same time, she sees the role of Project Managers evolving beyond coordination and timeline management. As digital transformation accelerates, AI-powered analytics become more integrated, sustainability takes centre stage, and project management is becoming increasingly strategic. The ability to navigate complex challenges while balancing efficiency, risk management and sustainability is now more crucial than ever. Looking ahead, Ayah envisions Project Managers playing a central role in shaping resilient, sustainable projects that align with changing environmental and regulatory standards. By embracing innovation and a proactive approach, they will not only improve project outcomes but also contribute to a more forward-thinking and responsible built environment. Ayah Salih Senior Project Manager, Dewan Architects +Engineers 46 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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SEVGI GUR S evgi Gur’s impressive career spans two decades working with some of the world’s most well-known brands, such as Unilever, Mastercard and the UAE’s very own OSN. She is currently Chief Marketing Officer at Property Finder, MENA’s leading property portal, where she curates brand strategies that are rooted in understanding the market, as well as Property Finder’s customers and consumers. Sevgi expressed enthusiasm about working with Property Finder, a pioneering brand committed to fostering an inclusive future for real estate while driving the region’s expanding tech ecosystem. She highlighted the company’s core mission—transforming living standards across the region—as a key driver for its growth. With a focus on delivering a seamless and enriching home-seeking experience, Property Finder continues to empower buyers, renters, and investors with reliable insights through its trusted platform. Sevgi also champions initiatives that elevate talent and foster inclusivity, from recognising and celebrating female talent at the annual Property Finder Awards to launching the SheForShe program in 2023. The initiative connects established female real estate leaders with emerging female talent to nurture the next set of female leaders in the industry. The move is in line with efforts to grow female leadership representation within the UAE, as data from the nation’s government portal shows that 30% of local businesses are currently led by women. Outside of her role, Sevgi sits on the committee of IWBD - On Board Women and is a three-time jury member at the Smarties Global Awards, which recognise and reward innovation and impact across best in class international marketing campaigns. She has also shared her insights as a panelist on various market platforms, including ‘Building Brands in a VUCA World’ at the 14th Global Edition of Vibe Martech Fest. As a female leader, Sevgi has experienced firsthand the complexities of tackling biases and amplifying her voice beyond boardrooms. To navigate these pressures, she turned to yoga and meditation over 15 years ago, which taught her to embrace the beauty in struggle, while providing clarity, mental agility and the courage to make bold decisions. By finding balance and purpose, yoga has helped her create meaningful change while maintaining her well-being. Looking ahead, she is focused on building her expertise within Property Finder, with a vision to keep growing as a business leader and accelerating her professional journey. Sevgi Gur Chief Marketing Officer, Property Finder WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 47

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Maysoun Dissi State of the Art Leadership: A Visionary’s Impact on the Construction Industry As Maysoun reflects on her journey in the construction industry, the path hasn’t always been easy, but it has been one of growth, resilience, and, most importantly, transformation. Entering a traditionally male-dominated field, she set out with the goal of excelling and breaking barriers through impactful projects, advocating for gender equality, or championing sustainability and innovation. The road hasn’t always been straightforward, but the challenges have only fueled her drive to make a difference and pave the way for others to follow. Breaking Barriers: Significant Career Milestones & Impactful Projects Maysoun’s journey in the construction field has been both dynamic and evolving. She began her career as an eager, newly graduated engineer, initially enhancing her skills in design. However, she quickly realized that her true passion lay in the industry’s business side. This led her to transition into Project Management, where she earned her PMP certification from the Project Management Institute. A few years later, she further expanded her expertise by obtaining a Master’s in Business Administration from Leicester University in the UK. Beyond Project Management, Business Development has played a key role in her career within the construction industry. She outlines and executes strategies to penetrate new markets across the GCC and MENA regions, securing new clients, projects, and business opportunities. While acquiring projects has its challenges, the true test lies in maintaining clients’ trust, meeting their expectations, and consistently delivering projects on time and within budget. In addition, she leads a team of engineers and architects, guiding them towards success through collaboration and effective execution. Maysoun is proud to have been part of key developments in Jordan and the region, such as the Turtle Bay Hotel in the Red Sea Development KSA, the Crowne Plaza Hotel Muscat Oman, which is LEED certified, Ayla Development in Aqaba Jordan, Abu Dhabi Plaza in Astana Kazakhstan and many other key developments throughout the region. Leadership and Support for Gender Equality One of the most rewarding aspects of her career has been the opportunity to lead and mentor others, particularly women aspiring to enter the construction industry. Director of Operations, AJi Group CBNME WOMEN IN CONSTRUCTION 48 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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she used to overcome challenges is cultivating a strong professional network. Surrounding herself with supportive colleagues and mentors has been invaluable. Equally important has been learning how to advocate for herself and her ideas, ensuring her voice is heard in decision-making processes. Her advice for women entering the field is straightforward: “Be persistent, find mentors who will support you, and remain focused on your long-term goals. The challenges are real, but so are the rewards.” A Vision for the Future of the Industry Looking ahead, she is optimistic about the direction the construction industry is heading. Technology and sustainability will continue to be the cornerstones of innovation, and she believes they will see greater integration of these elements into every stage of the construction process. The future of construction will be one where digital tools, artificial intelligence, and sustainable practices are seamlessly incorporated into every project. On a personal level, she remains committed to driving diversity and inclusion in the workplace. She wants to continue creating opportunities for women to lead projects, influence decision-making, and reshape the industry to reflect a broader range of experiences and perspectives. Additionally, she is focused on pushing the boundaries of sustainable construction practices to ensure that the industry not only meets today’s demands but builds a legacy that future generations can be proud of. In conclusion, the construction industry is at an exciting crossroads. With continued innovation, a focus on sustainability, and a commitment to diversity, one can shape a better, more inclusive future. Maysoun is proud to be part of this transformation and is excited to see how the industry will evolve in the years to come. Through initiatives like sponsoring students from universities and training fresh graduates in programs, she always made it a point to ensure that women in those programs had the tools, resources, and networks they needed to succeed in a male-dominated field. Embracing Sustainability and Technological Innovation With growing pressure to reduce environmental impact, the construction industry must evolve. Throughout her career, she has prioritized integrating sustainable practices into every project, from utilizing green building materials to implementing energy-efficient designs. Sustainability is no longer a luxury but a fundamental necessity in modern construction. However, sustainability is only part of the equation. Innovation, mainly through adopting new technologies, transforms the way one builds. She has the privilege of leading initiatives incorporating automation, artificial intelligence, and modular construction techniques into their work. She believes the industry’s future lies in its ability to harness these technologies to build smarter and more sustainable cities. Navigating Challenges: Insights and Strategies As a woman in construction, Maysoun faced challenges from industry biases and the complexities of balancing personal and professional demands. There have been moments where she has to prove herself more than her counterparts, but rather than viewing these moments as setbacks, she has embraced them as opportunities for growth. One of the key strategies MAYSOUN DISSI Turtle Bay offers a 144-room hotel, corporate offices, housing, dining, and leisure facilities. Its villas hold Platinum LEED certification, while Turtle Bay Hotel is Saudi’s first to earn Green Key and Mostadam Diamond certifications WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 49

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CBNME WOMEN IN CONSTRUCTION T atiana Tonu, Managing Director of Object 1, brings more than 20 years of real estate experience across Europe and the UAE in real estate development. She has played a pivotal role in shaping Object 1’s operational efficiency and market positioning. Her guidance has helped the company navigate challenges and seize opportunities in Dubai’s competitive real estate market. Her achievements show the importance of perseverance, innovation, and breaking barriers to drive meaningful change in the industry. Since its founding by CEO Egor Maslennikov in 2022, Object 1 has been a part of TSZ Holding, a diversified global group operating across five countries. Specializing in elegant, modern apartments, Object 1 entered the UAE market to redefine urban living through innovative and sustainable developments. The company has had a meteoric rise, reflecting its ability to blend international expertise with local ambition, quickly securing its place among the top real estate developers in the region. Tatiana’s strategic foresight and the team’s dedication to excellence have propelled Object 1 to scale its development volume by 55 times, ranking among the top three developers in Jumeirah Village Circle and Jumeirah Village Triangle. The company has achieved a 200% increase in sales within a short period, showcasing to Dubai’s real estate market how a small company can achieve remarkable results, further contributing to its overall success. Object 1’s impressive growth is reflected in its portfolio of exceptional projects. These developments have consistently delivered outstanding returns on investment, driving significant sales and sales volume increases, with hundreds of units sold. Dubai’s 2040 Urban Master Plan inspires the company and strives to align its developments with the emirate’s long-term goals. Backed by a team of 250 professionals, Object 1 is poised to expand further, with plans to enter the Abu Dhabi market while maintaining its core values of elegance and functionality. Tatiana Tonu Managing Director of Object 1 50 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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ALINA VALCARCE A lina Valcarce, Founder and Design Director of Valcarce Architects, has quickly risen as a trailblazer in the architecture industry, particularly in the Middle East. With a career spanning Europe, Asia, and the Middle East, she has led transformative projects that seamlessly integrate sustainability and innovation, connecting architecture and landscape. Her firm, established in 2022 in the UAE, has received multiple prestigious awards, including Emerging Architecture Firm of the Year 2024 by Design Middle East and Best Luxury Architecture Company of the Year by Luxury Lifestyle Award. Alina’s leadership extends beyond architecture; she passionately advocates for gender equality in the construction industry, paving the way for women to take on leadership roles. She actively contributes to redefining industry practices through sustainable solutions and cutting-edge construction technologies. Her notable projects, such as Gaia – Luxury Habitat, are a testament to her commitment to environmentally responsible design, using prefabricated structures to minimize waste and achieve net-zero carbon goals. Her dedication to sustainability is truly inspiring. Despite facing challenges in a traditionally male- dominated industry, Alina has overcome barriers by fostering strong collaborations, embracing innovation, and staying true to her vision. She advises aspiring women in construction to remain resilient, seek continuous learning, and build networks that support their growth. Looking to the future, Alina envisions an industry where sustainability and technological advancements redefine architectural possibilities. She is committed to expanding Valcarce Architects’ impact, continuing to push boundaries while mentoring the next generation of architects. Her journey is a testament to perseverance, creativity, and a deep commitment to shaping a more sustainable and inclusive future in architecture, instilling hope in the hearts of her audience. Alina Valcarce Founder and Design Director, Valcarce Architects WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 51

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CBNME WOMEN IN CONSTRUCTION W ith over 27 years in the industry, including 25 years in the UAE, Linda is a distinguished design professional specializing in interior design and project management. As Design Manager at Khansaheb Civil Engineering, she spearheads the Interiors and Joinery divisions, overseeing Furniture, Fixtures, and Equipment (FF&E). Her expertise has been instrumental in shaping multiple award- winning interior and fit- out projects over the past eight years. Linda’s portfolio spans an impressive array of high- end spaces, from opulent residences and five-star hotels to luxury resorts, upscale commercial hubs, public areas, and F&B destinations. Her leadership extends to educational and retail environments, where she seamlessly blends functionality with aesthetic excellence. A visionary in her field, she plays a key role in Khansaheb’s continued success in delivering world-class design solutions. Armed with a Master’s degree in Interior Architecture, Linda brings a unique fusion of creativity and strategic precision, transforming spaces into immersive experiences that balance innovation with purpose. Linda Karam Design Manager, Khansaheb Civil Engineering 52 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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W ith over 15 years of expertise, Yassmin stands as a trailblazing force in environmental leadership and sustainability. As the Director of Water, Environment & Energy Transition at Egis, she has cultivated a reputation for delivering transformative projects while mentoring and expanding a team of 25 specialists across the region. Under her leadership, Egis’ environmental and waste consultancy division has grown significantly, playing a pivotal role in shaping sustainable initiatives for NEOM, Qiddiya, Red Sea Global, and various public and private sector entities. Her strategic foresight has not only driven business expansion but has also broadened the scope of environmental services, positioning Egis at the forefront of sustainability-driven innovation. With a Bachelor of Science in Environmental Science from the University of Ottawa, she is a chartered member of esteemed institutions such as CIWM, IEMA, and ISWA, reinforcing her authority in the field. Yassmin is widely recognized as a thought leader in the Middle East, bringing a deep understanding of environmental policies, waste management legislation, and sustainability strategies. She has worked closely with government agencies and key stakeholders such as EAD, MOCCAE, Tadweer, Bee’ah, and NEOM, spearheading strategic projects that align with the region’s ambitious environmental and sustainability goals. Her expertise continues to shape policies, drive impactful change, and inspire the next generation of environmental pioneers. A s Creative Director of ATI and an award- winning licensed architect, Dilara leads the design of transformative projects across the globe. Her portfolio spans master-planned communities and mixed-use developments in the UAE, soaring high-rises in Dubai, a harbor and marina in Europe, and cutting-edge educational campuses throughout the Middle East. From hospitality in Oman to museums, healthcare facilities, and public landmarks in the UAE, her designs seamlessly blend innovation with identity. With a deep passion for creating spaces that resonate with people, Dilara’s work is a fusion of functionality, artistry, and cultural storytelling. Her ability to craft distinctive, user-centric designs has positioned ATI as a sought-after partner for prestigious global projects, earning the firm renowned design accolades. Born in Turkey in 1988, Dilara’s journey in architecture began at Istanbul Technical University, where she earned her bachelor’s degree in Architecture and Urban Planning in 2011. She further honed her expertise with a master’s degree in Real Estate Development (2011-2013) and later, a diploma in Interior Design from the University of London in 2015. Her career has been defined by a commitment to design excellence, playing a pivotal role in shaping award-winning master plans, architectural landmarks, and immersive interior experiences worldwide Yassmin AlKhatib Dilara Ajun Director of Water, Environment & Energy Transition, Egis Middle East & South Asia Creative Director, ATI Consultants, Architects, And Engineers YASSMIN ALKHATIB | DILARA AJUN WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 53

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A s the Head of Sustainability at KPM, Si is dedicated to delivering forward-thinking sustainable projects across the Middle East. With over a decade of experience at world-class firms like Foster + Partners and Sweco, she has had the privilege of collaborating with some of the most innovative architects and engineers on many iconic projects. These experiences have shaped her holistic approach to driving innovative, sustainable solutions. Sustainability has always been Si’s passion, and she continuously strives to push the boundaries of what sustainable design can achieve. She ensures that their designs are innovative and impact-measurable by leveraging advanced, data-driven simulation tools. It is incredibly inspiring to see sustainability emerging as a central design focus in Middle Eastern projects, with immense potential for meaningful change. Recently, she became a member of EmiratesGBC (Green Building Council), a vital platform for advancing sustainable development in the region. Si is particularly encouraged by the EmiratesGBC Women’s Network’s success, which fosters opportunities and recognition for women. While construction has long been viewed as male-led, this dynamic is rapidly changing, with more women excelling in leadership roles and driving impactful projects. Si Chen Head of Sustainability, KPM Engineering S alma’s 17-year career in construction began with Mace’s Graduate Programme in 2007 and has spanned Syria, Egypt, UAE, Oman, and Saudi Arabia. She played a key role in Expo 2020 Dubai, delivering the Surreal water feature and parks, and later served as Project Director for a major Abu Dhabi regeneration project. Now, she leads Mace’s project and programme management across the Middle East and Africa. In her leadership roles, Salma has been instrumental in upskilling Mace’s workforce through comprehensive training modules and implementing best practices. She has set new standards in project management, ensuring Mace remains at the forefront of the industry. Her commitment to supporting graduates through training and mentorship has been unwavering, helping them thrive in the construction sector. Salma champions gender equality by promoting diverse recruitment and mentoring women in construction. Committed to innovation and sustainability, she drives efficiency through new tools and explores AI’s potential in the industry. Balancing work and life is an ongoing challenge, but Salma prioritises her family and career aspirations. Her advice to aspiring women in construction is to be passionate, seek responsibilities, ask questions, and broaden their experiences beyond their daily roles. Salma envisions a future where digital advancements make the construction industry more efficient and collaborative. Her personal goal is to continue shaping the industry within the region and support emerging talents, ensuring a bright future for the next generation of construction professionals. Salma Abu Izzeddin Operations Director – Project Management, Mace CBNME WOMEN IN CONSTRUCTION 54 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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T he Riyadh Metro is one of the world’s most significant single-phase public transport projects, spanning 176 kilometres across six lines and 85 stations. The project’s scale is comparable to other major projects like the Crossrail project, also known as the Elizabeth Line in London, yet Riyadh’s project is unique in its rapid implementation and comprehensive coverage. Designed as the backbone of a transportation network linking all key areas in the capital city, the Riyadh Metro will be instrumental in meeting the demands of the city’s rising population and expansion, ensuring safe and smooth travel for passengers. AtkinsRéalis, as the Design Lead for the FAST Construction Consortium, played a pivotal role in supporting the Riyadh Metro through the development of the Yellow Line (Line 4), the Green Line (Line 5), and the Purple Line (Line 6), bringing their expertise in transportation design and construction to the project. Compared to other global urban transport initiatives in which AtkinsRéalis has been involved, the Riyadh Metro project stands out in several ways. It notably incorporates advanced technologies such as driverless trains and state- of-the-art geotechnical monitoring systems, with design and construction that supports sustainable principles. By CBNME TRANSPORTATION Connecting The Dots Roger Cruickshank, Senior Director and Transportation Market Lead for the Middle East at AtkinsRéalis, takes us behind the scenes of the intricate Riyadh Metro development, unveiling its complexities and transformative impact Encouraging public transport adoption, the Riyadh Metro is set to cut carbon emissions and enhance air quality, driving Saudi Arabia closer to its Vision 2030 goals for a greener, more sustainable urban future 56 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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promoting the use of public transport, the Riyadh Metro will help reduce carbon emissions and improve air quality, aligning with Saudi Arabia’s Vision 2030 goals for sustainable urban development. Along with world- class safety standards, its design and construction support green economy principles and will achieve operational efficiency and punctuality in service schedules. The design of the Riyadh Metro stations reflects local architectural styles and cultural heritage, ensuring that the infrastructure blends seamlessly with the city’s urban landscape. This approach is also seen in projects like the Grand Paris Express in France, where local culture and aesthetics are integral to the design of the wider network. The Riyadh Metro is a cornerstone of the Kingdom’s efforts to build a sustainable, modern, and inclusive future. There is a strong focus on innovation and new technology and a willingness to experiment with and adopt new ideas. Riyadh’s Growth With Riyadh’s population projected to grow by 2030 due to the capital city’s economic development, infrastructure projects and internal migration, the capital city stands as the largest in the GCC. This growth aligns with Saudi Arabia’s Vision 2030, which seeks to diversify its economy and attract international investments. The Riyadh Metro will play a crucial role in these plans by offering a modern, efficient public transportation system for citizens, residents, and visitors. Encouraging public transport use over car reliance aims to reduce carbon emissions and improve air quality – key components of Saudi Arabia’s sustainable urban development goals and smart city initiatives. The Riyadh Metro is not just a transportation project, but a beacon of hope for sustainable urban development in the region. Addressing urban sprawl challenges while accommodating population growth will spur economic activity and enhance the quality of life for both residents and visitors. Additionally, it will bolster Riyadh’s status as a regional hub for commerce, trade, and investment—a critical factor given that GCC urban populations are expected to continue growing, including in the Kingdom, with an increased demand from people living in cities. Influencing Urban Mobility One of the Riyadh Metro’s standout features is its efficiency. It employs a Level 4 automated system that operates without onboard staff for both operation and maintenance tasks. This cutting- edge technology ensures high passenger safety while providing comfort that allows travellers to plan their journeys confidently. In addition, behind- the-scenes processes are in place to ensure reliability through advanced geotechnical instrumentation systems that continuously monitor infrastructure conditions in real- time, enabling swift and proactive maintenance responses when needed. Remote diagnostic tools further support this process by identifying potential issues from afar to effectively minimise disruptions. Finally, advanced safety features such as early warning systems, alongside robust communication networks, are also directly integrated into operations, ensuring passenger safety throughout their travel experience. Key Challenges The vast scale of this project posed significant logistical challenges, necessitating meticulous planning and coordination. The global pandemic further complicated matters by CONNECTING THE DOTS Roger Cruickshank, Senior Director and Transportation Market Lead for the Middle East at AtkinsRéalis WWW.CBNME.COM

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disrupting supply chains, causing labour shortages, and delaying construction activities, which affected the project’s timeline. Implementing advanced technologies while ensuring safety, efficiency, and reliability required overcoming various technical and engineering obstacles. AtkinsRéalis has also been supporting the Royal Commission for Riyadh City (RCRC) in managing the metro operators CAMCO and FLOW to ensure the operational readiness and commercial service operations of all six metro lines. On a broader level, minimising environmental impact was a challenge, typical for projects of this magnitude. Conducting noise and vibration studies and implementing mitigation measures was also key to ensuring that the metro system operated smoothly within its urban setting. Additionally, tunnel boring machines capable of handling rock formations were essential for constructing underground sections. This advanced engineering allowed the project to navigate Riyadh’s complex geology, including limestone and breccia formations, effectively. The Riyadh Metro’s integration with the city’s wider road network generated opportunities for innovative urban design solutions. This involved restructuring road networks to facilitate smooth transitions while minimising disruptions to daily city life. Additionally, tunnel boring machines capable of handling rock formations were essential for constructing underground sections. This advanced engineering allowed the project to navigate Riyadh’s complex geology, including limestone and breccia formations, effectively, showcasing the project’s innovative approach to urban infrastructure. Moreover, considerable thought was put into designing metro lines that enhance connectivity across the Kingdom’s capital by strategically placing stations in key urban areas to ensure accessibility and convenience for all passengers. An Attractive Aspect The metro is set to significantly improve the quality of life for residents and visitors alike by offering a safe, reliable, and accessible transportation option to all passengers. It will also support Riyadh’s growth and sustainable development ambitions, making the capital city more appealing for living and working. The Riyadh Metro is not just a transportation project but a catalyst for a better quality of life in the city. Innovative financing structures are essential for such large-scale projects. It is crucial to consider not only their financial viability but also their economic impact. Efficient transportation systems can drive economic growth by reducing commuting times, enhancing connectivity, boosting land values, and creating jobs. The Riyadh Metro is a transportation project and a solution to the city’s potential traffic issues, making commuting more efficient and less time-consuming. Cities should recognise public transport’s numerous advantages, including trackable social and environmental benefits that trains provide over cars. Learning for the Future The transformative Riyadh Metro project provides several key insights that can be applied to future infrastructure initiatives in the Kingdom and globally. Its scale and complexity demanded careful planning and coordination among various stakeholders. Future projects can benefit from similar early and ongoing collaboration between government entities, contractors, consultants, and technology providers to ensure smooth execution. The implementation of automated systems with real-time monitoring was essential for the successful development of the Riyadh Metro. Incorporating advanced technology from the beginning can enhance efficiency, safety, and reliability in upcoming projects. Emphasising sustainable practices such as reducing carbon emissions and integrating green spaces aligns with global trends and local environmental objectives. Future endeavours must continue prioritising sustainability to meet regulatory requirements and create an infrastructure that resonates with local communities. By applying these learnings, projects can achieve greater success, efficiency, and sustainability, ultimately contributing to regional development and quality of life. The Riyadh Metro will significantly positively impact the Kingdom and its capital city by generating jobs, boosting local businesses, and attracting foreign investment. This mirrors similar economic benefits observed in other major metro systems globally, including Sydney’s Metro, positioning Riyadh as a global hub for business and tourism. CBNME TRANSPORTATION The Riyadh Metro stations are designed to incorporate local architectural styles and cultural heritage, creating a seamless integration with the city’s urban environment 58 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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+971 4 812 0600 rbauction.com/dubai Dubai Unreserved Auction - 24-25 February 2025 Online bidding starts: 18 February at 2pm Viewing Days: 19-23 February 8am-5pm Address: Junction 9 - Gate 8 - Jebel Ali Free zone - Dubai - UAE Register to bid online 2000 Komatsu PC750SE-6K 2008 Cat D8R 2022 Komatsu PC58-8 2023 Cat 140GC Vogele Super S1800-2L 2017 Foton Tunland 2017 Volvo A40G 2010 Cat 16M 2008 Sullair 88C-0017 Buy machinery and trucks at the Ritchie Bros. auction in Dubai!

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There’s a PropTech revolution happening right on your doorstep: Buying, renting or investing in a home in the UAE has never been easier Natalie Faulkner is Director of PR & Communications at Property Finder. With more than 20+ years’ experience in tech and consumer PR, Natalie has worked for some of the world’s leading brands and agencies, including Amazon Web Services, Dyson, Publicis and M&C Saatchi PR in Paris. She is also a former journalist. Words by: Natalie Faulkner Digital Realty Shift CBNME TECHNOLOGY T he proptech sector is experiencing unprecedented growth, driven by technological advancements, shifting industry standards, and visionary government initiatives - it’s developing alongside the record- breaking growth and global recognition of the UAE’s real estate market. Indeed, the UAE is at the forefront of this transformation — emerging as a global leader in proptech innovation. Combining a wealth of high yield real estate opportunities with cutting- edge technology, the UAE is setting a new benchmark for how properties are bought, sold, rented, and invested in, with the outside world watching in admiration - and hoping for a piece of the pie. Technology as the Catalyst for Change At the core of proptech’s dynamic revolution is innovation. The far reaching implications of artificial intelligence (AI), big data, blockchain, and IoT are no longer futuristic concepts - they are the building blocks reshaping the real estate industry. For instance, Property Finder leverages AI to empower both home seekers and real estate professionals with tools such as Data Guru, which delivers actionable insights, helping users analyse property trends, community popularity, and pricing. By enabling better decision-making through technology, Property Finder enhances the home-seeking experience, providing buyers, renters, and investors with a trusted, one- stop platform for all their property needs. In addition, SuperAgent incentivises better agent behaviour, The UAE’s Dubai Blockchain Strategy drives proptech growth, streamlining property transactions for a paperless future by 2030 60 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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DIGITAL REALTY SHIFT ensuring that agents maintain up-to-date and accurate listings while responding to inquiries faster than competitors. These tools drive efficiency and transparency, making the property search process seamless for homeseekers, while raising professional standards across the sector. Initiatives such as PF Academy, a training platform for agents, also underscore this commitment to change and raising the bar in the industry. By equipping professionals with the skills needed to thrive in a tech-driven market, proptech is raising the bar for service quality while fostering industry-wide growth. UAE Government’s Role in Proptech’s Evolution The UAE government has been instrumental in creating a fertile environment for proptech to thrive. Initiatives like the Dubai Blockchain Strategy, aimed at making all government transactions paperless by 2030, are streamlining processes such as title deed verification and property transactions. Furthermore, the Dubai Land Department (DLD) introduced the Real Estate Self Transaction (REST) platform, enabling buyers and sellers to complete property transactions online without intermediaries. These initiatives are complemented by tools such as the Smart Index and Sharjah Rental Index, providing transparency and empowering consumers to make well-informed decisions. The Golden Visa program, offering long-term residency to property investors, has also attracted significant international interest. Property Finder plays a pivotal role in connecting these investors to high-quality opportunities through its data-driven market insights. The growth mindset harboured within the local real estate industry, shows no signs of slowing down, as outlined in the Dubai Real Estate Sector Strategy 2033 - a focused roadmap to elevate the sector’s economic impact on the Emirate by significantly increasing transaction volumes and reinforcing its appeal as a premier destination for international investors. Evolving Consumer Expectations On top of all this change, consumer expectations in real estate have shifted dramatically. Today’s buyers and renters demand speed, transparency, and convenience. Proptech platforms like Property Finder are uniquely positioned to meet these demands by providing instant access to reliable data and a host of digital solutions. For example, Property Finder’s Market Watch reports are now an industry benchmark, delivering key data on price trends, community popularity, and market performance. This ensures that buyers, sellers, and agents can make well-informed decisions quickly. Moreover, partnerships with financial institutions enable digital mortgage pre-approvals, streamlining what was once a complex process. Virtual property viewings and other end-to-end digital solutions further enhance the consumer experience, making it seamless and hassle-free. Indeed, everything is geared to ensuring a seamless and enriching home seeking experience, empowering buyers, renters and investors to make informed decisions via a trusted platform. Challenges and Opportunities While the proptech sector has achieved remarkable milestones, challenges remain. Regulatory compliance, data privacy concerns, and integrating legacy systems are hurdles that require innovative solutions. However, these challenges also present opportunities for platforms like Property Finder to work closely with a network of engaged stakeholders to address inefficiencies and raise industry standards. For example, by combining tools like the Smart Rental Index with its own proprietary solutions, Property Finder empowers home seekers to make the most of available resources. This collaborative approach ensures that the market continues to thrive while maintaining transparency and accessibility. The Future of Proptech in the UAE The convergence of technology, government support, and evolving consumer expectations positions the UAE as a global leader in proptech. As the UAE continues to push boundaries, the world looks on with envy, inspired by the region’s ability to seamlessly blend technology, purpose, and innovation to redefine the proptech landscape. Virtual tours and digital solutions streamline the property journey, offering a seamless and hassle- free experience WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 61

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CBNME FINANCE How UAE Contractors Are Budgeting in an Unpredictable Market In the ever-shifting UAE market, the real game lies not with the biggest, tallest buildings but in the delicate dance of dirhams that makes them possible. In a region where the construction industry is projected to grow at a compound annual growth rate (CAGR) of 5.4% between 2024 and 2028, reaching AED 234.37 billion by 2028, one might assume that contractors have mastered the budgeting game. Yet the reality is budgeting is not just about crunching numbers—it’s about staying agile in a sector where costs, regulations, and project timelines can shift overnight. With major infrastructure and real estate projects underway across the region, contractors are under immense pressure to keep costs in check while ensuring profitability. Managing Cash Flow in a Delayed Payment Cycle The rhythm of construction is dictated by cash flow, but in the UAE, delayed payments are a persistent challenge, with some contractors waiting 90 days or more for invoices to clear. This creates a liquidity crunch, impacting everything from supplier relationships to worker wages. To maintain a steady beat, contractors are adopting innovative strategies. Some are shifting to milestone-based payments,instead of lump sums to improve cash flow ensuring a regular influx of funds. Others are leveraging invoice factoring, selling unpaid invoices to financial institutions to access funds sooner. Abu Dhabi’s government mandated that contractors be paid within 30 days, easing liquidity constraints on ongoing projects. The Oasis of Asset Management To navigate this unpredictable terrain, contractors are turning to robust asset management strategies. Effective asset management is crucial in enhancing efficiency and reducing costs in the UAE’s dynamic construction sector. A well-planned budget not only controls costs but also ensures efficiency, sustainability, and project resilience against unforeseen challenges As a member of Impact Innovation Board, Khadeeja merges creative strategy, emerging trends, and community building to drive transformation. With a Fine Art background and a passion for cultures, she crafts impactful narratives bridging startups, industry insights, and public-private sectors. Words by: Khadeeja Hamid Budgeting Beyond the Balance Sheet With the construction industry in the region expected to grow at a 5.4_ CAGR between 2024 and 2028, reaching AED 234.37 billion, one might think contractors have perfected the art of budgeting Construction material costs remain volatile due to global supply chain disruptions and inflation. With steel prices surging 35_ in 2023, contractors are securing fixed-price deals to mitigate cost spikes and maintain project stability 62 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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BUDGETING BEYOND THE BALANCE SHEET By meticulously tracking equipment, machinery, and tools, companies can prevent asset misplacement—a common issue that leads to project delays and increased costs. This approach ensures that resources are utilized optimally, turning potential financial pitfalls into manageable challenges. The Rising Cost of Materials and How Firms Are Adapting Construction material costs continue to fluctuate, driven by global supply chain disruptions and inflation. Steel prices, for example, surged by 35% in 2023, impacting high-rise and infrastructure projects, forcing contractors to rethink their steps. To navigate these cost fluctuations, contractors are locking in fixed-price contracts with suppliers to avoid cost spikes. Many firms are also exploring alternative materials, such as engineered wood in residential projects instead of steel and concrete provides flexibility. For larger projects, bulk- buying essential materials in advance has become a common practice to mitigate unforeseen price increases. Labor Costs and Workforce Efficiency Labor remains one of the highest expenses in construction, making up 30- 50% of total project costs. As the UAE champions labor reforms and improved working conditions, contractors must find ways to enhance productivity without compromising fair compensation. To optimize workforce efficiency, companies are investing in training programs to enhance worker productivity. Modular construction methods are becoming more widespread, reducing the need for extensive on-site labor while maintaining quality. Additionally, digital workforce management tools offer real-time insights into productivity, ensuring that labor costs align with project progress. Technology as a Budgeting Tool Contractors are increasingly relying on digital solutions to reduce cost overruns. From AI-driven project management software to real-time data tracking, firms are finding ways to optimize their budgets. UAE-based startup WakeCap provides smart helmet technology that tracks worker productivity and safety, preventing downtime and reducing inefficiencies. Another promising UAE-based contech startup, Opteam, has secured pre-seed funding to enhance its AI-driven solutions to optimize project management and budgeting processes, helping contractors make real-time, data-backed decisions to improve efficiency and cost control. These innovations are allowing firms to make data-driven decisions and keep projects on schedule and within budget. Sustainable Construction and Long- Term Savings Sustainability is no longer just an environmental concern—it’s a financial one. Many projects now require energy-efficient designs and materials that can lower long-term costs. Some contractors are using solar-powered site offices to cut energy bills, while others are incorporating prefabricated materials that reduce waste and construction time. Retrofitting buildings instead of opting for full demolitions is another strategy that is gaining traction, as it significantly reduces material and labor costs while meeting sustainability goals. By incorporating sustainable practices, contractors can reduce long-term operational costs and enhance their reputation as responsible builders. The Future of Budgeting: Smarter, Leaner, and More Adaptive As the UAE construction sector grows, budgeting isn’t merely a financial exercise; it’s a strategic imperative that requires adaptability, foresight, and a touch of entrepreneurial spirit. An increase in emerging startups proves that innovation in construction can reshape budgeting and efficiency for firms of all sizes. Contractors who embrace cost forecasting tools, strategic supplier agreements, and tech-driven efficiency solutions will be best positioned to navigate the challenges ahead. The companies that stay financially agile—by managing cash flow, controlling material costs, optimizing labor, and adopting technology—will not only survive but flourish in an unpredictable market.The dirham dance continues, and those with the right moves will lead the way. WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 63

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CBNME KSA What is the current state of the construction industry in Saudi Arabia? Building the Kingdom A s the economy in Saudi Arabia continues to thrive, the construction sector is also benefiting from this growth, fueled by investments in housing, energy infrastructure, and overall infrastructure improvements, aligning with the government’s goal of hosting the 2034 FIFA World Cup. According to Knight Frank, the country’s total construction output is expected to reach USD 150 billion by 2025. In the first half of last year alone, the value of construction contracts awarded in Saudi Arabia totalled SAR 185 billion (USD 49.3 billion), as reported by government data. The bulk of these contracts were concentrated in the oil and gas, real estate, and water sectors. Overall, construction activity is booming, with the current output value across residential, institutional, infrastructure, industrial, energy, utilities, and commercial sectors totalling USD 142 billion in 2024, a 4.3% increase compared to the previous year. Knight Frank’s Construction Landscape Review: H1 2024 shows that Riyadh and its surrounding regions account for nearly 40% of the nation’s construction contract value, while Mecca (including Jeddah) and Tabuk provinces are also key contributors. Riyadh is witnessing large- scale developments such as the Riyadh Metro, which is set to transform the urban landscape, boosting both residential and infrastructure growth. Six lines are planned to be revolutionised to improve mobility. Additionally, the iconic Mukaab project is expected to redefine Riyadh’s skyline. Standing 1,300 feet tall and 1,200 feet wide, the colossal structure will be large enough to house 20 Empire State Buildings. This remarkable development will feature a mix of fine dining, retail, office spaces, and restaurants, creating a vibrant downtown hub within a single building, offering two million square feet of floor space. Furthermore, the Qiddiya Entertainment City, located just outside Riyadh, will become the kingdom’s largest entertainment and leisure destination. It will feature Words by: Aya Zhang Saudi Arabia’s construction sector is booming, fueled by Vision 2030 mega-projects and a focus on sustainability, smart infrastructure, and urban expansion 64 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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BUILDING THE KINGDOM theme parks, sports arenas, and a wide array of attractions, further boosting Riyadh’s appeal as a global tourist destination. Once completed, the Jeddah Tower in Mecca will become the tallest building in the world, standing over 1,000 meters. The project is expected to transform the city’s skyline and attract global attention. Mecca is also seeing massive investments in the development of hotels and facilities to accommodate the growing number of pilgrims visiting the city annually for the Hajj. Additionally, Saudi Arabia’s Public Investment Fund is developing a massive USD 10 billion commercial district in Mecca, which will dramatically transform the Islamic holy city. In Tabuk, the Red Sea Project is set to become a major luxury tourism and residential destination. Plans include resorts, hotels, and high- end residential areas along the coast. The project will also feature sustainable developments, nature reserves, and entertainment venues, positioning it as a premier global tourism hub. Another significant development in Tabuk is the NEOM project, a futuristic mega-city focusing on technology, sustainability, and innovation, reshaping urban living. NEOM is one of the most ambitious and transformative projects under Saudi Arabia’s Vision 2030 plan. This mega-city, set to be built in the country’s northwestern region, will span over 10,000 square miles and is designed to be a global hub for innovation, sustainability, and technology. NEOM aims to be a model for the future of urban living, with cutting-edge infrastructure, smart technologies, and a focus on clean energy. These projects, along with others, reflect the rapid modernisation of Saudi Arabia’s infrastructure, supporting the Kingdom’s Vision 2030 modernisation, economic diversification, and global competitiveness. Projections indicate that the total value of construction output in Saudi Arabia could exceed USD 180 billion by 2080, with most of the growth driven by residential developments and energy-related infrastructure. In particular, infrastructure construction is expected to grow substantially in the coming years. Knight Frank’s H1 2024 Construction Landscape Review reveals that Riyadh and its surrounding areas contribute nearly 40% of Saudi Arabia’s total construction contract value WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 65

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CBNME TALKING POINT Designed for the Middle East, UltraFlow tackles extreme heat, sand buildup, and strict construction demands, delivering a zero-leak solution essential for water-scarce regions like the UAE Current Progress I nfrastructure projects in the UAE and the broader Middle East face unique environmental challenges, including extreme temperatures, sand accumulation, and water scarcity. These conditions demand systems beyond standard engineering solutions, requiring durability and reliability. GF Corys has responded with its UltraFlow drainage system, designed to meet these challenges head- on, ensuring long-lasting performance and contributing to water conservation—essential in regions where both are critically important. The harsh climate in the UAE, characterised by intense heat, humidity, and salt exposure, as well as the nature of the fluids to handle, complicates the design of drainage systems. UltraFlow addresses these challenges by utilising high-quality materials and innovative engineering. As a standard, GF UltraFlow is designed in uPVC, but it can be made of ABS (Acrylonitrile Butadiene Styrene) plastic material as well, a material known for its resistance to heat and chemicals like chlorine and detergents, common in environments such as kitchens, washrooms, and industrial spaces. This resistance to chemical degradation ensures that GF UltraFlow systems remain functional and intact over time, even in the harshest conditions. The system’s reliability is also due to GF Corys’ proactive design process. By engaging with developers and consultants early in the planning phase, the company ensures that materials and designs align with each project’s specific requirements. This collaboration helps mitigate the risk of costly system failures or performance issues during the construction phase or after installation, offering peace of mind to all stakeholders. Sand accumulation is a significant issue in stormwater management in the Middle East. It can block drainage systems, leading to inefficiency and costly repairs. GF Corys offers a solution to capture and separate the sand from the water before it enters the drainage system. GF UltraFlow’s uPVC (unplasticised polyvinyl chloride) piping system was specifically engineered to address this problem. The system’s internal smoothness also minimises friction, preventing sand and other debris from accumulating inside the pipes and ensuring that water flows freely and efficiently. Originally written by Bart van Bastelaere. Edited by Vibha Mehta Bart van Bastelaere, Managing Director of GF Corys of 66 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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CURRENT OF PROGRESS Due to Georg Fischer’s acquisition of Uponor, GF Corys has the opportunity to offer a complete range of stormwater management solutions, including piping systems, rainwater harvesting tanks, and pump stations for irrigation. This comprehensive approach provides developers and contractors with an all-in-one solution that addresses the region’s diverse water management needs, ensuring that every drop is utilised effectively. A reliable drainage system is crucial for conserving valuable water resources in a water-scarce region like the UAE. GF UltraFlow is designed to prevent leaks, ensuring that water is captured and used efficiently without loss. The zero-leak feature results from extensive testing, including burst tests, leakage tests, and long-life evaluations, to ensure the system can handle the region’s extreme conditions over the long term. Proper installation is essential to ensure GF UltraFlow performs as intended. In addition to the product’s engineering, GF Corys provides comprehensive training for installers, helping to prevent installation failures that could compromise the system’s integrity. The company is also opening a Customer Experience Centre where contractors and clients can receive hands-on training and guidance on installation techniques. This initiative is designed to further reduce the risk of leaks or other issues caused by incorrect installation. GF UltraFlow has been designed to meet local and international regulatory standards, ensuring the product complies with the stringent construction and safety requirements in the UAE and other Middle Eastern countries. This adherence to industry standards is critical for infrastructure projects that must meet high safety, performance, and sustainability expectations. In addition to local certifications, GF UltraFlow also undergoes third-party testing, including Kitemark certification, to ensure that it meets the highest global quality standards. GF Corys has supplied GF UltraFlow systems to some of the UAE’s largest developers and contractors, contributing to prestigious projects ranging from luxury hotels to large- scale residential developments. GF UltraFlow’s impact is measurable: it reduces water leakage, improves drainage efficiency, and enhances the overall safety and comfort of the properties. One notable application is in high-end hotels and apartment buildings, where the GF Silenta drainage system reduces noise—an important consideration in upscale properties. GF contributes to the comfort and appeal of these developments by minimising the noise associated with traditional drainage systems. Additionally, the zero-leak design prevents sinkholes or soil instability, ensuring the long-term durability of the structures. Water conservation is a major focus in the UAE, where the efficient use of water is paramount. GF UltraFlow is crucial in helping conserve water by eliminating leakage and ensuring that every drop is efficiently managed. Moreover, GF Corys manufactures GF UltraFlow locally in the UAE, which helps reduce the carbon footprint associated with transporting products. This localised production saves approximately 500 tons of CO2 annually, contributing to the company’s broader environmental strategy. Georg Fischer is committed to sustainability, with 70 per cent of its solutions designed to reduce CO2 emissions, further aligning with the UAE’s efforts to promote environmental responsibility. The extreme environmental conditions in the Middle East present unique challenges to infrastructure projects, but solutions like GF UltraFlow are proving effective in addressing these issues. The system’s combination of advanced materials, innovative design, and rigorous quality control makes it a reliable, durable, and zero-leak drainage solution. GF UltraFlow meets the region’s demanding performance standards and contributes to sustainability by minimising water loss and reducing environmental impact. As GF Corys continues to innovate, it remains committed to supporting infrastructure development in the region and ensuring that water is managed efficiently in one of the world’s most water-scarce areas. UAE and Middle East infrastructure projects battle extreme heat, sand buildup, and water scarcity, demanding resilient, high- performance solutions beyond standard engineering WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 67

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CBNME EXPERT INSIGHT How 3D printing is changing the construction landscape in the UAE Print to Build T he construction industry has always been at the forefront of innovation, blending tradition with modern technology to build the cities of the future. In the UAE, a nation renowned for its architectural marvels and rapid urban development, 3D printing has emerged as a transformative force. This cutting-edge technology is reshaping the construction landscape and aligning with the UAE’s goals for sustainability, efficiency, and innovation. 3D printing, also known as additive manufacturing, involves creating three-dimensional objects by layering materials based on digital models. While initially used in industries like aerospace and healthcare, 3D printing has made significant Atousa Aslaminezhad, Assistant Professor, School of Energy, Geoscience, Infrastructure and Society at Heriot- Watt University Dubai Originally written by Atousa Aslaminezhad. Edited by Aya Zhang 68 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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PRINT TO BUILD inroads into construction. With its forward-thinking leadership and appetite for innovation, the UAE has quickly embraced this technology. In 2016, Dubai launched the Dubai 3D Printing Strategy to position itself as a global hub for 3D printing technology. Significant progress is being made in the construction sector as part of Dubai’s ambitious 3D Printing Strategy 2030, which aims to have 25% of the emirate’s buildings constructed using 3D printing technology by 2030. A prime example is the achievement of 3DXB Group, a UAE-based leader in 3D printing solutions, which earned a Guinness World Record for building the world’s largest 3D-printed villa. Located in Dubai’s Al Awir 1 neighbourhood, the four-meter-high private residence spans a built-up area of 303 square meters, showcasing the immense potential of 3D printing technology in creating sustainable and innovative architectural solutions. 3D-printed construction represents a groundbreaking advancement in the building industry. By harnessing 3D printing technology to fabricate structures, this innovative method can transform construction practices and deliver significant advantages over conventional techniques. The UAE has embraced this cutting-edge technology, showcasing a range of structures built using 3D printing across the area. This approach enables the effortless creation of intricate and complex designs. Traditional construction methods often involve high material and labour costs. 3D printing reduces these expenses by using precise amounts of raw materials, minimising waste. Additionally, the reliance on automated processes reduces the need for large on-site labour forces, further cutting costs. A significant advantage of 3D printing is its speed. Structures that might take months to build using conventional methods can be completed in days. For instance, the world’s largest 3D-printed building, a two-story municipality office in Dubai, was constructed in just 17 days. Furthermore, the UAE’s focus on environmental sustainability is supported by 3D printing. The technology allows for eco-friendly materials and significantly reduces construction waste. Some projects in the UAE have even utilised recycled materials as part of the printing process, further contributing to a circular economy. Traditional construction techniques often limit the scope of architectural design. With 3D printing, intricate and unconventional designs are easier to achieve. This flexibility aligns with the UAE’s penchant for unique and groundbreaking architectural projects. Moreover, 3D printing reduces the risk of on-site accidents by automating labour-intensive tasks. This is particularly beneficial in a region like the UAE, where high temperatures make manual labour challenging and hazardous. Talent development and academic involvement are integral to the success of Dubai’s 3D Printing Strategy. Industry and academia must collectively focus on attracting and nurturing talent from around the globe to advance the field of 3D printing. Promoting innovation and developing expertise can ensure a continuous influx of skilled professionals prepared to facilitate adopting and integrating this transformative technology across various industries. Academic institutions play a key role in this process by providing a platform for research, education, and collaboration. Universities and research centres in the UAE increasingly incorporate 3D printing into their curricula, enabling students to gain hands- on experience with cutting-edge tools and techniques. These efforts can be supported by partnerships between academia and industry, which facilitate knowledge transfer, innovation, and the development of practical applications for 3D printing in sectors like construction, healthcare, and manufacturing. Additionally, academic initiatives contribute to building a skilled local workforce, reducing reliance on external expertise and ensuring the long-term sustainability of the 3D printing ecosystem in Dubai. By aligning academic efforts with the broader vision of the 3D Printing Strategy, Dubai is not only investing in talent but also creating a foundation for technological leadership and economic growth in the region. 3D printing is revolutionising the construction landscape in the UAE, offering unparalleled advantages in cost, speed, sustainability, and design flexibility. While challenges remain, the nation’s commitment to innovation and strategic vision ensures that these hurdles will be addressed. As the UAE continues to push the boundaries of architectural and technological possibilities, 3D printing will play a significant role in shaping the cities of tomorrow. WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 69

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CBNME THE POWER OF DIALOGUE D ubai’s transformation is nothing short of extraordinary, from iconic landmarks like the Burj Khalifa to visionary projects such as the Palm Jumeirah. The city seamlessly blends cutting- edge technology with rich cultural influences, shaping a unique and dynamic identity. As Dubai continues to evolve, its focus on sustainability, smart cities, and green initiatives underscores its commitment to building a future- ready urban landscape. Dubai’s Skyward Ambitions As an architect in Mumbai, I have had the privilege of designing luxury residences that merge contemporary aesthetics with functionality. Yet, when I look beyond my city’s shores, my admiration turns to Dubai—a city that has redefined architectural possibilities. With a vision to become a global cultural, tourism, and business hub, Dubai has become a playground for innovation in urban design. From a modest trading port to a metropolis of iconic skyscrapers, Dubai’s skyline embodies ambition and progress. Its transformation— seamlessly integrating cutting- edge technology with traditional influences—offers a masterclass in modern urban planning. In contrast to Mumbai’s organic growth, Dubai’s bold approach has created an architectural legacy that challenges conventional thinking. Dubai’s philosophy of “Build it, and they will come” has led to remarkable structures that push boundaries and inspire architects worldwide. As I navigate Mumbai’s evolving cityscape, I continue to draw lessons from Dubai’s vision, innovation, and fearless approach to design. Architectural Feats That Defy Gravity One of the earliest landmarks that signified Dubai’s aspirations was the Burj Al Arab. Completed in 1999, this sail-shaped luxury hotel became an instant icon, symbolizing the city’s ambition and flair for innovation. Built on an artificial island, the Burj Al Arab set the stage for Dubai’s architectural journey, showcasing how engineering ingenuity could overcome natural limitations. The most iconic example of Dubai’s architectural prowess is the Burj Khalifa, currently the tallest building in the world. But its significance goes beyond height. It represents an audacious commitment to defying gravity, demonstrating not just technical skill but also a passion for aesthetics that seamlessly merges art and engineering. Another marvel is the Palm Jumeirah, an artificial archipelago that redefines luxury living. The sheer audacity of creating palm- shaped islands in the sea is a testament to Dubai’s innovative Ishita Lakhani, Co-Founder of Oris Architects, shares her thoughts on the marvels of Dubai and how it stands as a source of inspiration and a guiding light for many. Architectural Brilliance Dubai: A Beacon of Ishita Lakhani, Co-Founder of Oris Architects Originally written by Ishita Lakhani. Edited by Roma Arora. 70 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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DUBAI: A BEACON OF ARCHITECTURAL BRILLIANCE spirit. Similarly, yet differently, the Museum of the Future, with its toroidal shape and Arabic calligraphy etched on its stainless-steel façade, pushes the boundaries of both design and engineering. However, the one structure that left me truly inspired on my recent visit was the One Za’abeel Building. This dual-tower masterpiece, connected by The Link—the longest occupied building cantilever in the world—epitomises engineering and precision. The Link challenges conventional notions of balance and structure, making it an inspiring case study in modern design. Moreover, One Za’abeel’s integration of green initiatives and sustainable practices aligns with the ethos of future-ready urban architecture. Dubai continuously invites exploration, always asking, “What’s next?” Technology at the Core Dubai turns challenges into opportunities through cutting- edge technology. Constructing skyscrapers in the desert presents unique obstacles, from sourcing materials to handling extreme temperatures, yet the city has harnessed advanced innovations to overcome these hurdles. By embracing 3D-printed buildings and intelligent urban design, Dubai remains at the forefront of progress. Initiatives like Dubai Silicon Oasis and Smart Dubai integrate AI, blockchain, and IoT to build seamlessly connected cities. With autonomous transportation and smart grids, Dubai is paving the way for a sustainable, future-ready urban environment. Tradition Meets Innovation Dubai’s architecture blends futuristic designs with deep Arabic influences. As one drives through the city, elements of traditional Islamic architecture—geometric patterns, arches, and mashrabiya screens—are evident. The Al Fahidi Historical District, with its wind towers and narrow lanes, preserves Dubai’s architectural heritage. Expo 2020 showcased this fusion, with Al Wasl Plaza’s dome, inspired by Arab storytelling, becoming a centerpiece of the event. The Dubai Opera, resembling a dhow sail, reimagines cultural spaces. Each structure narrates Dubai’s journey—honouring its past while embracing innovation. This flawless fusion of tradition and innovation positions Dubai as a global beacon of architectural evolution, where the past and future intertwine seamlessly. Luxury Redefined Dubai’s opulence shapes global luxury trends, redefining extravagance as immersive experiences. From underwater suites at Atlantis to the world’s highest observation deck, it leaves a lasting impression. The Palm Jumeirah stands as a testament to innovation, seamlessly merging luxury with landscape. In Mumbai, replicating such grandeur presents challenges—limited space, unpredictable weather, and urban congestion. Yet, these very constraints deepen my admiration for Dubai’s bold vision, inspiring me to craft creative solutions that infuse a touch of its elegance into my own designs. Shaping the Future with a Sustainable Approach Dubai’s evolution embraces sustainability and smart city initiatives, tackling environmental challenges through green solutions. The Sustainable City exemplifies self-sufficient living, featuring solar-powered homes, vertical farming, and recycling facilities. It enhances quality of life through energy-efficient buildings, smart transport, and data-driven governance. Similarly, Dubai Creek Harbour blends luxury with sustainability, featuring eco-friendly architecture and lush green spaces. These projects showcase Dubai’s commitment to a future where innovation and environmental responsibility go hand in hand. For Indian architects and urban planners, Dubai stands as a testament to what can be achieved when vision aligns with execution. It reinforces the idea that cities are more than just physical spaces—they are expressions of ambition, culture, and identity. As I navigate the bustling streets of Mumbai or sketch designs for a new project, Dubai’s story often comes to mind. It’s a narrative that proves no dream is too grand and no ambition is beyond reach. Ultimately, Dubai doesn’t just rise—it inspires others to rise with it. Dubai Opera is an architectural marvel that blends traditional design with modern luxury. Its dhow-inspired structure and breathtaking views of the Burj Khalifa make it a cultural landmark like no other WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 71

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CBNME COLUMN I n an era of rapid technological advancement, the health and safety field is undergoing a transformative shift. By integrating AI and predictive technology, businesses are discovering innovative ways to enhance workplace safety protocols. Studies show that these technologies can reduce accidents by up to 30% and cut equipment downtime by 50%, highlighting their impact on operational efficiency. This is particularly valuable in high-risk industries like oil and gas, construction, and healthcare, where quick turnaround maintenance is essential. The adoption of AI in safety management is more than a trend—it represents a fundamental shift in how workplace safety is approached, improving both safety performance and operational effectiveness. Simplifying the reporting process through technology has significantly increased safety engagement, reinforcing a culture of safety within organizations. HSE leaders are fully supportive of the transformation in the health and safety field, and the management team at Farnek is no exception. This has culminated in the creation of our own SAFETEK app, among a suite of digital solutions developed by our in-house team at HITEK. The app is designed to help anticipate and prevent incidents rather than just react to them. Its proactive focus is supported by its alert features, efficient incident reporting capabilities, and data analytics for analysis. Its successful implementation in projects such as Dubai Airports, Expo City Dubai, YAS Marina, The Burj Khalifa and collaborations with Dubai Police, where Farnek’s HSE team provides safety consultancy and HSE inspections, demonstrates the app’s versatility and effectiveness. Indeed, these high-profile deployments showcase the app’s capabilities and adaptability across operational scopes. However, it is just one cog in the HITEK wheel, complementing other innovative solutions like CAFMTEK, WASTETEK, and SECURITY PLUS. These modular solutions can be used individually or together, offering seamless management oversight, enhanced compliance, and data- driven decision-making. The next phase of the app’s predictive features is truly groundbreaking. By analyzing data, it can forecast safety issues before they arise, pinpointing potential risks based on historical trends—whether related to personnel, location, or process. Predictive technology is shaping the future of health and safety management, allowing organizations to proactively mitigate risks and enhance workplace security. Incorporating tools like SAFETEK enhances operational efficiency while upholding the highest safety standards, a widely accepted view across the industry. As workplaces become increasingly technology-driven, the demand for digital safety solutions continues to grow. Progressive companies recognize that integrating safety technologies is essential for staying competitive in today’s evolving business landscape. Innovative solutions will set new benchmarks, driving compliance and efficiency to unprecedented levels. By Ryan Mitchell, Head of Quality, Health & Safety, Farnek Navigating the Future of Safety: How AI and Predictive Technology is creating safer workplaces, reducing accidents by up to 30% Edited by Vibha Mehta 72 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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INC Group: Leading the Charge in Decarbonisation and Sustainability The group’s commitment to sustainability is at the core of everything they do. As they continue to innovate and lead the industry, there’s a pride in sharing their ongoing efforts in decarbonisation, carbon calculations, and community engagement. Decarbonisation and Carbon Calculations The Group has taken significant strides in reducing its carbon footprint. Their partnership with the Carbon Reserve, a Swiss-backed foundation, has been instrumental in this journey. By leveraging Toco, a digital currency representing one tonne of atmospheric carbon removed, they have integrated Carbon Mitigation Assets (CMAs) into their operations. These assets directly offset or reduce carbon emissions, measured in metric tonnes of carbon dioxide equivalent (tCO2e). Each year, a comprehensive carbon calculation is conducted across all three regions that INC serves to understand its CO2 emissions. This process, supported by AESG, a leading sustainability consultant, ensures that the carbon reporting meets global standards. The collected data drives actionable recommendations to reduce their environmental impact, aligning with internal and client environmental objectives. The Green Team: Champions of Sustainability INC’s Green Team, composed of passionate volunteers from five regional offices, plays a crucial role in its sustainability efforts. They are responsible for measuring, calculating, and reducing INC’s carbon contribution. The team regularly undertakes regional initiatives such as upcycling challenges, community projects, and recycling campaigns in collaboration with third-party waste removal companies. The Green Team’s efforts extend beyond internal operations. They actively engage with the community, hosting and attending panel discussions on sustainability and ESG initiatives across the Middle East and Africa. This involvement has positioned INC Group as a respected voice in the sustainability community. Working with Suppliers to Make Green ‘Standard’ INC believes in leading by example. Their design teams work diligently to promote ‘green as standard’ by collaborating closely with third-party contractors, suppliers, and waste management companies. Applying pressure on these service providers to offer the most sustainable design and fit-out options available. This approach ensures that their projects meet and exceed environmental standards, setting a benchmark for the industry. INC’s commitment to sustainability is unwavering. By integrating innovative carbon mitigation strategies, empowering its people, and working with suppliers to make green the standard, INC Group continues to create a more sustainable future. INC Group is a leading design and build, fit-out contractor delivering excellence across the Middle East and Africa. Established 37 years ago, the INC name has grown to become an industry pioneer for transforming spaces, an employer of choice and now, setting new sustainability standards. Darren Taylor, Head of Client Partnerships and Marcoms, INC Group SUSTAINABILITY CORNER WWW.CBNME.COM CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 | 73

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Tell us about yourself and your role and responsibilities at your company. Graduating in 2012, my marketing/PR career commenced in the education, travel, and tourism sectors before moving into construction. Having been with Turner & Townsend since 2019, my experience across multiple sectors has given me valuable insights, especially when working with diverse clients. I oversee Turner & Townsend Middle East’s marketing and communications function, creating strategies, campaigns, and content showcasing our teams’ exceptional work. As the lead developer of our in-regional market intelligence reports, I enjoy collaborating with technical experts to provide our clients and industry peers with detailed insights into market trends, challenges, and opportunities. In addition, part of my role focuses on implementing in-region knowledge management strategies— ensuring that we capture, organise, and leverage the information that highlights our strengths and capability as a business. I take massive pride in empowering our incredible talent to articulate their knowledge, share best practices, and build their credibility with the broader industry—whether it’s aiding them in crafting thought leadership content or coaching them through effective pitch delivery. What are the biggest challenges currently facing marketing, and how do you plan to address them? One of the biggest challenges today is creating content that resonates with clients in a crowded, fast-paced market. Coupled with this is the rise of AI, which presents both opportunities and challenges. While AI will undoubtedly offer new possibilities rapidly, it also risks diluting the human touch - the creativity, depth, and firsthand experience that sets great marketing apart. To address these challenges, I focus on storytelling that adds real value. Our content is designed to be meaningful and relevant, often speaking directly to clients’ pain points. It’s about getting the balance right—being that trusted advisor while also driving efforts to help win work. Looking ahead, what are your goals and aspirations for the future of the company’s marketing? I aspire to deliver impactful, client-centric insights and publications on our people, projects, and performance. I’m excited to play a key role in driving growth through campaigns that showcase our expertise, articulate our strengths, and reinforce our reputation, enabling us to succeed in a competitive and evolving marketplace. CBNME UNSUNG HEROES Lois Ackerley As Senior Campaigns Manager, Middle East at Turner & Townsend, Lois drives innovative strategies to elevate the firm’s brand and strengthen its regional presence 74 | CONSTRUCTION BUSINESS NEWS ME | FEBRUARY 2025 WWW.CBNME.COM

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