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February 6, 2025 valueeng0

Dar Global announced it is working with AlixPartners to develop a roadmap for its global expansion goals. This follows a milestone year for Dar Global marked by the unveiling of ten luxury real estate projects valued at over US $1.9bn across international markets. The company is entering a new phase with plans for expansion across international markets, including KSA, UAE, Oman, Qatar, UK, USA, and Greece, within the next five years.

The developer will be targeting sites and architectural pieces, while continuing to deliver experiences that blend with the local culture and landscape. Whether it’s a beachfront villa in Greece, a desert oasis in the UAE, or a urban apartment in London, the company’s developments will be defined by its quality, design, and commitment to sustainability, setting new benchmarks for luxury living in each market.

This includes benchmarking against international real estate developers, defining an optimal target operating model, and developing a detailed roadmap for implementation, but also encompasses evaluating strategic options for structuring global operations, creating a framework for communication between the company’s headquarter and international offices, and designing a fit-for-purpose corporate structure.

Ziad El Chaar, CEO at Dar Global, commented, “Dar Global is committed to developing exceptional, high-quality properties in the world’s most sought-after destinations. Our work with AlixPartners is an important step in achieving our ambitious global vision and accelerating our growth trajectory. Their expertise in building scalable and sustainable operating models will provide us with the strategic framework and operational rigor necessary to navigate the complexities of international expansion, further solidifying our position as a leader in the luxury second home market.”

Samer Dada, Partner and Managing Director at AlixPartners added, “We are thrilled to be working with Dar Global on this transformative journey. This collaboration is a natural fit. Our expertise in helping businesses navigate the complexities of international growth complements Dar Global’s vision to expand worldwide across the second homes market.”

Furthermore, they will also oversee the development of detailed functional roles, resource plans, job descriptions, and key performance indicators, all underpinned by a robust change management strategy designed to manage rapid growth effectively.

The post DAR GLOBAL partners with Alixpartners to expand global footprint appeared first on Middle East Construction News.

Source: MEConstructionNews


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February 6, 2025 valueeng0

Kuwait’s project awards witnessed solid growth in 2024, jumping to US $6.5bn, up 44% over the previous year; its highest figure since 2017, according to a report by National Bank of Kuwait (NBK).

Of the total project awards, the majority (around 50%) went to the construction sector, with the Public Authority of Housing Welfare making progress on various housing projects, including the affordable housing project in Al Nayeem district. The power and water sector was then the second-largest, with nearly US $1.2bn in contract awards.

The year-end was particularly strong: in Q4, Kuwait’s project awards saw a solid rise, hitting $3.89bn – the best quarterly performance since Q2 2016. Meanwhile in the Oil & Gas sector, Kuwait Oil Company’s project to drill 141 wells helped push the industry’s awards to a significantly high level.

NBK pointed out that another factor responsible for the growth experienced in 2024 was the range of government initiatives designed to strengthen the domestic electricity grid, and the variety of awards that these then provided.

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Source: MEConstructionNews


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February 6, 2025 valueeng0

SSH announced its latest addition to its master plan portfolio, The Mangrove. The mixed-use development is set to redefine urban living in Karachi, located along the Korangi Creek. Designed with a focus on balancing modern urban living and the serenity of nature, The Mangrove is a project that promises to create a thriving and sustainable community.

Spanning a 40ac triangular plot divided into 17 subdivisions, the master plan integrates a diverse range of elements, including retail, leisure, dining, housing, hospitality, and office spaces. With its designed infrastructure, landscaped environments, and a creekside boardwalk overlooking the mangrove forest, the development offers residents an unparalleled opportunity to live, work, and play in harmony with their surroundings.

SSH’s Architecture Director, Shane Lahiff, presented the architectural vision for The Mangrove and explained, “At SSH, we’ve crafted a master plan that seamlessly integrates cutting-edge design with the natural beauty of Korangi Creek. Our collaboration with TPL has enabled us to design a landmark project that sets a new benchmark for mixed-use developments in the region, while creating a thriving community with a distinct identity and character”.

Danny Warde, Chief Strategy Officer at SSH, commented, “The Mangrove is a testament to SSH’s commitment to delivering innovative, sustainable, and community-driven master plans. This project not only enhances Karachi’s urban landscape but also emphasises the harmony between modern development and nature.”

SSH’s work includes master planning while also serving as the Lead Design Consultant for the project assets. The design reflects SSH’s expertise, infrastructure, landscaping, and sustainability, ensuring a holistic approach to this project, the statement concluded.

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Source: MEConstructionNews


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February 6, 2025 valueeng0

Sharjah Investment and Development Authority (Shurooq) unveiled Mawj and Ghadeer, two residential towers at Ajwan Khorfakkan.

Ahmed Obaid Al Qaseer, Chief Executive Officer of Shurooq said, “Mawj and Ghadeer offer a harmonious blend of sophisticated design and natural beauty, and an incredible investment opportunity in scenic Khorfakkan. These distinctive residences reflect Shurooq’s vision for community-centric developments, with their world-class amenities, superb connectivity, and a lifestyle enriched by nature.”

Each residence within the Mawj and Ghadeer towers are crafted to maximise views of either the Arabian Sea or Khorfakkan’s dramatic mountain landscape. These designed residences include two, three and four-bedroom apartments, as well as premium three and four-bedroom duplexes. The development’s location combines the serenity of beachfront living with easy access to urban amenities, making it an ideal choice for both end-users and investors.

Ajwan Khorfakkan Phase 2 is a cornerstone project within Shurooq’s portfolio, which also includes Maryam Island and Sharjah Sustainable City, the first sustainable master-planned community in Sharjah.

Sharjah Real Estate Registration Department data reveals robust market performance in the Central and Eastern regions, with transactions reaching US $351bn in the first nine months of 2024. Khorfakkan alone contributed $70.85mn to this figure, demonstrating the area’s growing appeal to investors and homebuyers.

The post Shurooq launches towers at Ajwan Khorfakkan appeared first on Middle East Construction News.

Source: MEConstructionNews


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February 6, 2025 valueeng0

Khansaheb Civil Engineering has been named the main contractor for Phase One of the Dubai Exhibition Centre (DEC) expansion at Expo City Dubai. This phase is set for completion by 2026, expanding DEC’s capacity to 140,000sqm, nearly 2.5 times its current size of 58,000sqm. Site works are now underway with the substructure works and first elements of structural steel to the North and South Halls progressing well, the contractor said.

Khansaheb’s scope covers a 34,000sqm South Hall and 30,000msqm North Hall expansion, including steel frame superstructures, composite cladding, MEP installations and integration with the existing exhibition space and systems. Movable partitions, meeting rooms, and back-of-house areas will provide functional, flexible event spaces.

The project follows a pre-construction period during which Khansaheb collaborated with DWTC to ensure effective planning, buildability, and cost management. Khansaheb’s longstanding relationship with DWTC is based on the completion of numerous previous projects, and provides a platform for future growth within the region’s construction industry, the contractor stated.

Amer Al Farsi, Vice President of Real Estate Development at Dubai World Trade Centre said, “The expansion of Dubai Exhibition Centre marks a significant milestone in strengthening Dubai’s global leadership in the events and exhibitions industry. This landmark development reflects our commitment to creating an exceptional venue that will elevate the city’s standing as a world-class destination for business and events. We are pleased to appoint Khansaheb Civil Engineering, a key partner in delivering a state-of-the-art facility that aligns with Dubai’s ambitious vision. By delivering a venue of this scale and excellence, we are shaping the future of global events and driving sustainable economic growth.”

Tariq Hussain Khansaheb, Chairman of Khansaheb Civil Engineering added, “We are honoured to be selected for this strategic project, which highlights the trust placed in us by the Dubai World Trade Centre. Our long-term collaboration with DWTC has enabled us to continue to contribute to Dubai’s growth as a premier global hub for events and exhibitions. This expansion underscores our commitment to delivering high-quality, innovative solutions that support the future development of Dubai and the achievement of its ambitious and visionary goals.”

The entire development is expected to be completed in 2031, and Dubai Exhibition Centre is set to become purpose-built indoor events and exhibitions venue in the region, serving as the new home for mega exhibitions in the United Arab Emirates.

The post Khansaheb appointed as main contractor for Dubai Exhibition Centre expansion appeared first on Middle East Construction News.

Source: MEConstructionNews


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February 5, 2025 valueeng0

Bahrain’s Ministry of Housing and Urban Planning (MoHUP) has invited tenders from engineering consultants to provide contract management and site supervision for the construction of 51 residential units in the Madinat Salman Island development.

As per the tender notification, the apartment units in Madinat Salman Island 12 will be developed on Plots 15, 18 & 19 by the MoHUP, using allocated government funding. The Madinat Salman Island project aligns with the Kingdom’s expansion initiatives as defined in Bahrain Economic Vision 2030.

When fully developed, the region will combine a residential, hospitality and retail mix, and contribute to the Kingdom’s commitment to a new and comprehensive infrastructure.

The bids will be open only to ‘Category A’ qualified engineering consultants, licensed with the Council for Regulating the Practice of Engineering Professions (CRPEP) in the Kingdom of Bahrain.

As per the tender, the winning bidder will be required to complete the work within a 30-month period. The deadline for submitting the bids has been set at 5 March 2025.

The post Bidding underway for Madinat Salman residences appeared first on Middle East Construction News.

Source: MEConstructionNews


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February 5, 2025 valueeng0

Deyaar Development announced the launch of Phase 2 of Park Five, a wellness-focused luxury residential community in Dubai Production City. Phase 2 will see the addition of 343 residential units.

Phase 2 presents a collection of studio, one-, two- and three-bedroom residences, which are designed to meet the needs of contemporary urban families. These living spaces represent the integration of comfort, functionality, and community-driven design. The sustainability-focused design integrates energy-efficient systems, maximising natural light, and indoor-outdoor community areas to promote both environmental and personal wellness, the firm said in a statement.

Saeed Mohammed Al Qatami, CEO at Deyaar Development commented, “With the launch of Phase 2 of Park Five, Deyaar continues to craft community ecosystems for families to thrive, connect, and create lasting memories. Each unit is a testament to our commitment to intelligent, holistic urban living. Park Five aspires to be more than a development; this is a prototype community for ideal urban life that inspires and rejuvenates, living up to the UAE’s vision of creating urban spaces that enhance the quality of life for residents. This project reflects our commitment to delivering world-class, sustainable and value-driven developments, while responding to global investor interest in UAE real estate.”

With Phase 2, residents can look forward to Park Five’s signature approach of integrating greenery, traditional sikkas, and community spaces that encourage social interaction and active lifestyles. Amenities include yoga lawns, outdoor co-working spaces, fitness centres, and dedicated children’s play areas.

A hammock garden, rooftop Zen garden, and a shaded outdoor cinema are also part of the facilities, including a multi-purpose sports courts, rooftop sand volleyball courts, resort-style lap pools with lounge areas as well as kids’ pools. Phase 2 is scheduled for completion in Summer 2027.

Park Five aims to meet the needs of a wide segment of the population and investors through different options of payment plans. The project focuses on the element of luxury with an emphasis on sustainability.

The post Deyaar launches Phase 2 of Park Five appeared first on Middle East Construction News.

Source: MEConstructionNews


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February 5, 2025 valueeng0

NMDC Energy has been awarded a EPC contract by Taiwan Power Company (Taipower) for pipeline installation, shore approach works and dredging for the Tung-Hsiao Power Plant second stage renewal project.

The US $1.136bn project involves the design, construction and installation of 111km of linear subsea pipeline at depths ranging from 10m to 55m, stretching between Taichung and Tung-Hsiao on Taiwan’s west coast. The scope of work includes shore approach works and dredging operations with a volume of approximately six million cu/m.

Led by NMDC Energy and utilising the capabilities of NMDC Dredging & Marine, the award highlights NMDC Group’s integrated and multidisciplinary approach to engineering, procurement and construction. As part of its commitment to expanding into high-growth regions, NMDC Energy views Taiwan as a market with significant potential.

Yasser Zaghloul, CEO of NMDC Group said: “This landmark contract underscores NMDC Energy’s position as a global leader in engineering and marine solutions, while driving forward Taiwan’s energy transition ambitions. Our work in Taiwan is not merely about infrastructure; it represents a commitment to creating sustainable pathways for energy resilience in a region of strategic importance. This award reaffirms our dedication to delivering world-class expertise across diverse geographies and demonstrates how NMDC Group’s integrated capabilities set the benchmark for transformative, high-impact projects worldwide.”

Ahmed Salem Al Dhaheri, CEO of NMDC Energy added: “Over the past three years, we have boldly expanded our operations into renewable energy in Taiwan, forging transformative partnerships to unlock opportunities for various clean energy integration. Our collaboration with Taiwan Power Company will drive and strengthen our presence in Taiwan and South East Asia.”

The Tung-Hsiao Power Plant 2nd Stage Renewal Project plays a key role in accelerating Taiwan’s transition to cleaner energy by enabling the delivery of natural gas with an annual capacity of 2.3m tonnes, crucial to meeting growing demand while also enhancing energy security.

The post NMDC Energy awarded US $1.136bn EPC contract appeared first on Middle East Construction News.

Source: MEConstructionNews


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February 5, 2025 valueeng0

HDR has appointed Les Copeland as Regional Business Group Director for Building Engineering Services (BES) to lead the next stage of strategic growth for the company’s key operations in the EMEA region.

Les brings 30 years of experience in construction, engineering and infrastructure, including leadership roles at several engineering consultancies. His international expertise includes driving operational strategy, multi-disciplinary engineering, and delivering award-winning landmark projects worldwide, within both the public and private sectors.

“I’m excited to join HDR and support its growth in the EMEA region, a key market for the business. I see tremendous opportunity to grow the team and expand the foothold of HDR’s multi-disciplinary building engineering service offering through the delivery of major projects across Europe and the Middle East,” commented Copeland.

Paul Flatt, Group President for Building Engineering Services, HDR added “We’re delighted to welcome Les to HDR. He has long been active at the forefront of the built environment industry, esteemed not just for his strong leadership yet also for holding multiple high-level positions within major professional bodies and leading on significant industry developments. We have every confidence that, with his wealth of global experience, expertise, relationships and proven track record of excellence, he is well placed to strengthen HDR’s presence and spearhead the next stage of growth in our key EMEA markets.”

Les holds several board-level and advisory roles within leading professional bodies, serving as Non-Executive Director of the Construction Industry Council and the Considerate Constructors Scheme, and as Vice President and Treasurer of CIBSE. He continues to be a key industry contributor and influencer, including providing support and knowledge to Guidance and Standards that help shape the future of the built environment, said a statement.

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Source: MEConstructionNews