UAE Focus

Within a year of restructuring, Golden Readymix (GRM) has seen outstanding results and is poised for further growth, said the premium producer of readymix concrete. The Dubai-based company is now looking at setting up branches across the UAE as well as upgrading its existing facilities.

Construction will shortly begin on the Gate Avenue, a new urban cultural and entertainment development at the Dubai International Financial Centre (DIFC) that promises to change the face of urban space and living in Dubai.

Dubai-based Emaar Properties has broken ground on its $1-billion development – ‘The Tower in Dubai Creek Harbour’ – which, on completion, will become the world’s tallest tower, overtaking the iconic Burj Khalifa.

Emirates Insolaire has till date sold 38,000 sq m of glass, about 15,000 panels of Kromatix solar glass and 28,000 panels of black glass/glass panels across the globe.  The company says the total projected capacity contracted to the firm in the Middle East is about 5 MW, representing 26,000 sq m.

Dubai Electricity and Water Authority (Dewa) has awarded UAE-based Convrgnt Value Engineering a contract to design and construct the first 3D-printed laboratory building in the world.  The laboratory will also be the first building in the UAE that is fully printed on site.

Jordan-based Arab Center for Engineering Studies (ACES) said its Dubai branch has completed a geotechnical investigation for the Hassyan Energy clean coal power plant in the UAE.

UAE-based Miral is to build an exciting $100 million attraction called Clymb on Yas Island in Abu Dhabi. Clymb will feature the world’s widest flight chamber and tallest indoor climbing wall. Visitors to the flight chamber will be able to mimic the experience of skydiving within an unmatched width of 9.75 m, the widest in the world.

Design District work progresses Foundation works have started on the Dh1-billion ($272 million) second phase of the Dubai Design District (d3) being developed by Tecom Group. A new freezone business park, d3 is being built in three phases. Phase One, which was completed in 2015, boasts 1.

The Roads and Transport Authority (RTA) is set to open its ambitious Dubai Water Canal this month (November). The Dh2-billion ($544 million) Dubai Water Canal is a unique tourist landmark development offering a new lifestyle pattern in the heart of the city and the two sides of the canal linking the Dubai Creek with the Arabian Gulf.

A12-km-long promenade at Marassi Business Bay will be launched this month (November), coinciding with the opening of the Dubai Water Canal. The promenade will offer wide options for entertainment, leisure, retail and an active lifestyle and more than 10 km of the iconic 12-km promenade and surrounding infrastructure has been completed to date.

Abu Dhabi General Services Company (Musanada) said work has started on the 50-km-long Madinat Zayed-Al Marfa motorway and the project is likely to be completed by the first quarter of 2019.

Dubai’s Roads and Transport Authority (RTA) has signed a contract for the Route 2020 metro expansion with Expolink, a consortium of French, Spanish and Turkish companies. The Dh10.6 billion ($2.

Ford Tools and Ford Power Equipment in partnership with VTools, its exclusive distributor in the Middle East and CIS regions, has launched its first showroom in Dubai.  The flagship store occupies 8,500 sq ft space and includes 6,500 sq ft of showroom space, sales and management offices, as well as a dedicated service centre.

Fischer Middle East has launched a new business unit known as fischer Trade that will focus solely on increasing its reach into the market.

The Dubai World Trade Centre (DWTC) plans to introduce new-age renewable energy solutions across its real estate assets, both in the trade centre and Jebel Ali locations.

Abu Dhabi Ports has awarded China’s Cosco Shipping Ports a 35-year concession to build and operate a container terminal at Khalifa Port at an investment of $400 million. It will be the second terminal at the port.

DP World, the Dubai-based global shipping terminal operator, has started construction of the largest distributed solar rooftop project in the Middle East with the installation of 88,000 rooftop solar panels on its Dubai facilities as part of its continued efforts to reduce its carbon emissions.

Majid Al Futtaim will reveal details about its first independently owned master development in Dubai early next year. The developer is currently in talks with a number of leading global, regional and local masterplanners with a view to reaching a final agreement on the plan towards the end of 2016.