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February 26, 2025 valueeng0

AtkinsRéalis has announced the appointment of Richard Robinson as President – Asia, Middle East & Australia (AMEA) and Chris Ball as President – UK & Ireland.

Robinson, currently President of UK & Ireland, will oversee the company’s expansion in AMEA, building on its local presence in growing markets through the delivery of major infrastructure, transportation and clean energy programs. Chris Ball, currently Chief Operating Officer of AtkinsRéalis’ Nuclear business, joins the company’s Executive Committee and will be responsible for the company’s presence across the UK & Ireland, with over 12,000 employees providing end-to-end engineering, program management and advisory services, said a statement.

Ian Edwards, President and CEO of AtkinsRéalis, said: “These internal appointments to lead two of our core regions reflect the strength and experience we have within AtkinsRéalis. I am confident that their knowledge of our organisation, our clients and the countries we operate in will strengthen our ability to drive growth and deliver excellence in the UK, Ireland and AMEA, and I’m delighted to welcome both Chris and Richard into their new roles within the company.”

Robinson joined AtkinsRéalis in 2019. He has over 25 years of experience of overseeing transformational levels of business growth in senior leadership positions in heavy industry and engineering. He has international experience, including leading large businesses in the Middle East: prior to joining the company, he was Chief Operating Officer at HS2 and has also held senior positions at AECOM, BAA Heathrow and Anglo American, the statement outlined.

Ball has over 20 years of experience at AtkinsRéalis. Before taking on the role as Chief Operating Officer for AtkinsRéalis’ Nuclear business globally in 2023 he spent five years as Managing Director for its Nuclear EMEA business and 10 years as Managing Director for Energy in UK & Europe. As President for UK & Ireland, he will be responsible for maintaining and growing AtkinsRéalis’ market leading position across transportation, infrastructure, water, defence, security, and technology.

The post AtkinsRéalis appoints new regional presidents for AMEA and UK & Ireland appeared first on Middle East Construction News.

Source: MEConstructionNews


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February 25, 2025 valueeng0

Magnom Properties, a subsidiary of Saudi Arabia’s Rawabi Holding, signed a partnership with German Luxury Lighting Brand, Occhio, to bring its innovative lighting solutions to power the upcoming US $1bn Platinum LEED-certified, lifecycle net-negative carbon commercial Forbes International Tower.

Occhio, known for their design and unique lighting quality, will provide an internal lighting solution for the Forbes International Tower coming up in the New Administrative Capital. As Lighting Design Partner for this project, Occhio brings its expertise to underline the vision of modern and inspiring architecture.

“Our business strategy is founded on the cornerstone of strong environmental, social and governance policies. We are dedicated to offering a wholesome sustainable lifestyle that elevates people’s lives through our core practices and global partnerships. Occhio’s focus on enhancing the well-being of residents through innovative lighting solutions aligns with our vision and we look forward to brightening up many lives with Forbes International Tower,” said, Osman Ibrahim, CEO, Rawabi Holding and Vice Chairman, Magnom Properties.

“Today, we stand at the intersection of innovation, luxury, and elegance, as we celebrate the grand collaboration between Occhio and Forbes International Tower,” said Dr. Maged Marie, CEO, Magnom Properties. “This partnership marks not just the fusion of cutting-edge design with architectural excellence but also the promise of creating spaces that inspire. Occhio’s commitment to craftsmanship and beauty goes beyond illuminating spaces — it’s about creating an experience and a sense of wonder. With the $1bn Forbes International Tower, we’re taking that experience to new heights through a shared vision to create something truly special.”

Dr. Benno Zerlin, CEO, Occhio added, “We are excited to partner with Magnom Properties on the unique Forbes International Tower that is set to redefine the way buildings are conceptualised. Occhio’s commitment to shaping the way people experience light in their living space through innovative design aesthetics and relentless pursuit of perfection synchronises with the design ethos of Forbes International Tower. Our advanced lighting solutions deliver a visually striking and emotionally engaging ambiance. By intelligently replicating the dynamics of natural daylight, Occhio enhances the connection between people and their environment. Ultimately, our mission is to create a new culture of light to enrich people’s quality of life –through light, that shapes atmospheres and promotes well-being.”

Designed by the architecture firm, Adrian Smith + Gordon Gill (AS+GG) Architecture, the Forbes International Tower coming up in Egypt, Saudi Arabia and the United Arab Emirates, aims to set a benchmark for decarbonising real estate in the MENA region. The tower integrates green design to push the boundaries of modern construction to be at the forefront of the sustainable design movement in the region and beyond.

The post Magnom Properties partners with Occhio to light up Forbes International Tower appeared first on Middle East Construction News.

Source: MEConstructionNews


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February 25, 2025 valueeng0

How does the Human Resources function help drive the Best Practice standards of a Fortune 500 business? What are the ‘touchstone’ values it embodies and empowers throughout the organisation’s culture? Middle East Consultant spoke to Naomi Miles, Vice President, Human Resources, Middle East & Africa at AtkinsRéalis.

Naomi, across AtkinsRéalis’ many activities, the company sets high standards of Best Practice; how is this manifest in terms of the role that Human Resources plays in staff engagement?

Well, firstly, at AtkinsRéalis, we believe our people are our greatest asset – and the Human Resources team plays a pivotal role in fostering staff engagement and maintaining high standards of best practice. In fact, there  are several key areas where we reflect this focus across the business.

Firstly, in terms of Recognition. We are a Great Place to Work-Certified™ organisation, both here in the UAE and in Saudi Arabia, and we have been awarded that accolade for two years running, which is fantastic. It’s a testament to our exceptional employee experience. On the recognition front, through our People and Culture strategy, we focus on building a workplace where people are valued, supported and empowered to thrive. As part of our commitment to foster a culture of recognition, in 2024, we launched our “Make it Brilliant” annual regional awards that acknowledge our people’s achievements and dedication to support our values, clients, projects, and communities. The event has been very successful, with over 800 nominations received in 2025.

Then, we speak about staff Wellbeing and Engagement. Wellbeing is really central to our culture, and we understand that healthy, happy employes really drive productivity – and, of course, innovation. We strongly prioritise mental health, physical health, and overall wellbeing through a variety of key wellness initiatives. We also have flexible working hours, the ability to work remotely, working from home, and so on. Everyone is very much aware how important that sense of wellbeing is, and we fully support them in that.

At the end of the day, it’s really all about looking after each other; remember, most people are expats, away from their family and their home, and it’s important that we engage with each other, so that people aren’t feeling alone or left out.

We have more than 80 nationalities in our business – we’re the most diverse region in the Company. We all get along very well with each other and are very inquisitive about each other’s cultures, because that’s important. With that knowledge, you can better understand what people are trying to explain.

To encourage this sense of everyone working together, in February, we’re launching our global fifth annual APEX Challenge, a month-long fitness initiative designed to get all of our employees moving, prioritise our wellbeing, and most importantly, have some fun while doing it. These are all voluntary events – in the evenings or at the weekend – where we all get into some friendly competition, get out and about, and whoever is the overall points winner gets a good, worthwhile gift, too.

Another important aspect is Feedback and Continuous Improvement. We have regular engagement surveys and we use a tool called VOX. It’s an anonymous survey mechanism and it provides very clear insights into employee experiences. We use that feedback to inform what we put into practice from an HR perspective, and also in terms of delivering business strategy. Our feedback with this has been astonishing: we’ve achieved the highest overall employee engagement score in the entire company globally – 91%, which is phenomenal!

It makes a lot of difference when we take note of what people say and then put that into practice.

One more aspect that I’m very proud and passionate about is our  initiative  “School of the Future” competition. In 2024, we launched this initiative in the UAE, inviting students to collaborate with our teams to design a School for the Future. We help them conceptualise the design, evolve the functionality and tackle the practical aspects of the delivery. More than 70 students participated in the launch phase – and the winners were all girls! This really is ED&I at an early stage, getting girls involved in key areas of the STEM agenda, and hopefully helping them decide on future career paths and goals. This year, we’re opening the competition to more schools, and to Emirati schools as well. As well as aligning with Dubai’s Vision 2030, this is a great incentive for getting more UAE nationals involved in the sector.

On this note, I should mention that we just had our first cohorts of Emirati graduates here, and 80% of them were women – all exceptionally keen and talented, with a committed interest in the STEM disciplines.

How do you stay aligned with the latest developments in areas such as DEI and employee Wellness – do you and the team regularly attend workshops, or receive summaries of keynote legislation, and so on?

Well, there are a number of things that we do. Firstly, our  business is global, and of course, certain divisions will be more evolved in some areas than others, that can lead to a powerful exchange of valuable information.  To ensure that the context is relevant for local needs, we cost-in employee feedback; this gives us a rounded, accurate idea of the current issues and dilemmas that we need to be looking at in terms of ED&I. That employee resource is invaluable. Then of course, for more specific areas, you can also Google to look at key legislative updates, their timings and what their real impact might be. There is a vast amount of information available, and it’s part of the role of the HR team to disseminate it and ensure compliance.

I also belong to a wide network of other HR leaders, and we will often reach out to each other (usually in an e-mail) to ask how we’d tackle certain challenges and agendas for instance. This is a great support system and brings together a significant level of real expertise.

Here at AtkinsRéalis, we also believe in the ‘incubator effect’ – in other words, we can try things out, give them the right support, and then see if they work. Last year, for example, we rolled out several wellbeing initiatives focused on boosting our employees’ physical and mental wellbeing through engaging webinars, focus groups and activities held in the office and onsite. We’ve invested time and money into this, and already, it’s having a very positive impact.

Given the sheer size of AtkinsRéalis, how do you ensure that the Human Resources function consistently adds value to the mix?

HR is central to driving organisational success, and it is paramount that the leaders feel this as well. There should always be a seat at the table. The Human Resources strategy feeds directly into the business strategy to ensure that we have a balanced and inclusive culture. HR is also a key partner in the mix, prioritising human asset capabilities, and bringing processes that align with the broader corporate strategies.

In all this, forward planning is key; we anticipate the business’ needs, looking at what the organisation’s goals are  as well as the projects and markets in the pipeline. So, then we can see exactly what resources will be needed. As a next step, we don’t just meet those needs purely by external recruitment, but by up-skilling existing employees wherever it’s feasible and practical. This makes sound commercial sense as well as signaling to staff that we have a real interest in their future: it’s not just about a job, but a whole career.

The reality is, we’re always asking ‘how can we be better’? ‘How can we maintain that interest in the employee’s future?’ This forward-thinking means that HR is consistently aligned with both the needs of the individual and the market forces shaping the wider business.

To what extent do the protocols followed by the Human Resources team vary from one international region to another?

We try to strike a careful balance between global consistency and local adaptability. So, this dual approach ensures that our core values and strategic objectives are upheld, whilst also respecting the local, legal and cultural context we operate in. Globally, HR practices are driven by a range of principles, but of course adaptation allows us to be even more effective and relevant in a regional setting.

This is important, because cultural contexts can all too easily cause friction. People in the West, for example, may not agree with everything that is culturally suitable here; but let’s at least find the respect for each other’s culture, a better understanding of each other’s perspectives – and always be sure we have the mechanisms in place to widen people’s horizons.

How do you go about creating a culture of gender parity? Also, what are the mechanisms that enable you to provide a ‘level playing field’ for the many diverse ethnicities within the company?

Achieving gender parity and providing equitable opportunities for employees is fundamental to our culture and strategy. We do have a raft of targeted initiatives, and it’s always important to be as inclusive as possible.

’Different Makes a Difference’ is one of our taglines, and we are all about empowering people from diverse ethnic groups to reach their full potential. Our flexible work arrangements mean that we are not excluding anyone from the talent pool.

Beside this, we have outreach and development programmes. Three years ago, we launched our Graduate Development Program in Saudi Arabia to support the country’s nationalisation efforts, remarkable continuous growth, and sustainable future. Following its success, with 110 talented Saudi graduates joining to date, we re-launched the Program in the UAE in 2025 to expand its reach and help build Emirati talent for the future.

We also have a lot of programmes that promote awareness of unconscious bias and cultural understanding. We continue to pursue the area of unconscious bias because we believe it can really make a difference when people properly understand the impact of what they are saying.

In terms of how effective and all-embracing any given program is, with the advent of AI, there is no excuse for any policy not to be fully inclusive. We do our utmost to ensure that these programs put the key issues front and centre throughout.

Specifically in terms of gender parity, while we don’t pursue a policy of positive discrimination as such, there will be situations where we will ask directly if there are women team members who are ready to step up to the next level. We will not approach men in these conversations, because the recruitment relates to those verticals where women are dramatically under-represented. So, if there are two people who are both equally qualified for the job and we can’t decide between them, and there is a man and a woman, if we are looking at, say, the engineering sector, we will choose the woman, in order to ensure representation.

Today, we hear a good deal about the role of Mentoring. How do you deliver a Mentorship structure – and do you believe that Mentoring, with its great need for confidentiality, should formally be part of the HR function or not?

We believe that mentoring is a cornerstone of our employee development framework, and we use it widely; for example, we actively support employees looking to achieve further career certifications, and specifically for this, we have people who can support and mentor you.

Whatever the mentoring programme, we ensure that it sits within our Human Resources Management system, so yes, in this sense, it is within our  remit. Yet it is always fully confidential – even your line manager can’t see the details about your mentoring. While the mentoring relationship is recorded in the HR system, it cannot be accessed without a special request being made, and that would itself take place through the HR function. Confidentiality and trust is the backbone of this mentoring model.

I should add that we don’t just have mentors in the Middle East, but we have a global model, so your mentor doesn’t have to be within a local office or division. In fact, I’m actually an advocate for avoiding the use a locally-based mentor; if employees work with an international, overseas mentor, they will be working with someone who’s not so bound up with regional context, and can see the bigger picture.

Do the broader HR initiatives that the organisation follows derive from the C-Suite – and how do you see the role of the C-Suite in creating day-to-day corporate culture?

It’s a mix; there are obviously business drivers emanating from the C-Suite, such as growth, margin improvement, etc.-  our HR initiatives then intertwine with these and explain how we are going to get to that business outcome. We ask: “what do we need to do from an HR perspective to reach those objectives?

Of course, at the end of the day, the business needs to tell us where the company is going and the markets it will be involved in – we can’t just act independently!

Then, there is the Vision and Leadership side, for which the C-Suite sets the key goals, and we all need to get on board with them. There are also factors such as Culture-building and Behaviour-building – if the C-suite doesn’t treat people in the way they should, how can anybody else be held responsible? Working with the C-Suite, Human Resources can build the right framework for ethics, inclusivity, collaboration, trust (and trust is perhaps the most important thing of all!).

I’m a firm believer that when Human Resources and the C-Suite are aligned and working together effectively, everyone can feel and experience the benefits. In our own surveys here at AtkinsRéalis, it’s very noteworthy that 96% of people expressed a pride in their company; 97% support our goals – and 95% would recommend AtkinsRéalis as the best company to join! What’s more, that’s not just this year – it’s for the last several years, too.

Organisations need to remember that when everybody is behind you – and really gets it – you are unstoppable!

The post Raising the bar appeared first on Middle East Construction News.

Source: MEConstructionNews


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February 25, 2025 valueeng0

REEF Luxury Developments has announced the launch of its second luxury project, REEF 999 which is being developed at a cost of US $81mn and will take shape in Al Furjan, Dubai. The anticipated handover for the project is scheduled for Q1 2027. 

The new residential project will feature REEF Luxury Development’s patented climate-controlled sunken balcony and unique winter gardens, making it a unique addition to the real estate landscape and Dubai’s in particular, the firm said.

REEF 999 will feature 142 units, including 108 one-bedroom apartments, 20 two-bedroom apartments, and four three-bedroom apartments, in addition to 10 exclusive villas with private winter gardens. Residents will enjoy a wide range of features and luxurious amenities including climate controlled sunken balcony, winter garden, indoor technology, yoga area, vegetable garden, BBQ areas, cricket pitch, pickle ball, badminton, volleyball court, 360 – jogging track, tennis, paddle court, Jacuzzi, swimming pool, Baja shelf, sitting areas, co-working space, open cinema, decking area, kids play area and more, the developer explained.

“We are thrilled with the response that we have received for our projects and furthermore excited to launch REEF-999 continuing to focus on outdoor living in the UAE. Our project offers an exceptional luxury experience and investment value by maximizing livable spaces and integrating innovative design elements that cater to the modern lifestyle,” said Samer Ambar, CEO, REEF Luxury Developments.  

The development is expected to attract buyers and investors due to its high return on investment (ROI), and prime location. REEF Luxury Developments is committed to sustainability, incorporating sustainable practices and technologies to enhance environmental responsibility reflected in the use of energy-efficient systems and the integration of green spaces throughout the community.

The post REEF Luxury Developments launches $81mn project appeared first on Middle East Construction News.

Source: MEConstructionNews


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February 25, 2025 valueeng0

Abra says it celebrated a landmark year marked by unprecedented growth, expansion into new markets, and groundbreaking achievements. From entering nine new countries to diversifying its portfolio across industries, Abra’s 2024 year was commitment to innovation, operational excellence, and sustainability. With over 50 projects in progress and plans to complete over 700 by the end of 2025, the company says it is poised for another record-breaking year.

“Our growth in 2024 was fueled by a clear vision, strategic execution, and the tireless efforts of our growing team of over 400 professionals,” said Anand Kumar, Managing Director of Abra. “The launch of JEA, our joint venture with a renowned luxury design firm, marks a significant step forward in offering creative & luxury design solutions tailored to the Middle East market focused on luxury residential and fine dining. This partnership reflects our commitment to delivering unparalleled quality and innovation across multiple market segments.”

In this changed environment, Abra is well-positioned to capitalise on the growing demand for fit-out services, which is being driven by continued investments in methods, technology, and sustainability, the company said.

Abra celebrated its first anniversary in Saudi Arabia by cementing multiple flagship projects and solidifying its standing as a reliable partner in that region. The company also entered new markets such as India, South Africa, Ivory Coast, Maldives, Cameroon, Switzerland, Denmark, Mauritius, and Germany, marking its global presence. In addition to this, the company also diversified into new segments, including beverages, fashion, eye-wear, and jewelry, which broadened its capabilities and market scope.

“Our perspective is more than just numbers; we want to help evolve the future of retail and interior solutions by integrating cutting-edge technology into designed setups and continuing to expand our environmental activities. Abra is committed to supporting a more sustainable and vibrant industry environment by providing clients with practical, eco-friendly options and supporting innovation in all projects,” Anand remarked.

Abra’s operational achievements in 2024 included the successful implementation of the Theory of Constraints (TOC) procedures, which focuses on optimising workflows to increase efficiency. The company also marks an important milestone in its digital transformation journey by completing the first phase of its digitalisation initiative. Abra was recognised for its commitment to sustainability by receiving internationally renowned certifications such as the Ecovadis Silver Badge and a CDP C-grade rating, confirming its commitment to environmentally beneficial activities, the statement outlined.

Trends in the worldwide fit-out market lend credence to Abra’s strategy. According to recent industry forecasts, the luxury fit-out market was valued at approximately US $2.85bn in 2023 and is predicted to rise at a compound annual growth rate (CAGR) of 4.85%reaching $32.7bn by 2030.

This growth is being driven by a greater supply of personalised brands and a growing focus on design and function. The country is expected to experience major growth, pushed by urbanisation and contemporary lifestyle trends. These dynamics present tremendous opportunities for innovative businesses like Abra to expand their reach and provide customised solutions worldwide.

As Abra looks ahead, it remains devoted to providing ground-breaking solutions that set new benchmarks for quality, sustainability, and creativity. The accomplishments of 2024 have laid a solid foundation for what is projected to be an even more dynamic and influential year ahead, the statement concluded.

The post Abra unveils 2025 expansion strategy with plans to complete over 700 projects appeared first on Middle East Construction News.

Source: MEConstructionNews


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February 25, 2025 valueeng0

Group AMANA and Al Moammar Information Systems (MIS) have signed a Memorandum of Understanding (MoU) to fast-track Saudi Arabia’s transition into a global digital powerhouse, supporting Vision 2030 through high-performance, sustainable data centres.

As Saudi Arabia continues its rapid digital transformation, driven by AI adoption, cloud computing, and enterprise digitalisation, the demand for scalable and energy-efficient data centres has never been higher. This partnership brings together two industry leaders — Group AMANA, with its expertise in complex construction, and MIS, a IT solutions provider to develop ESG-compliant data centres that support the region’s evolving technological landscape, said a statement.

Richard Abboud, CEO of Group AMANA said, “Saudi Arabia’s digital economy is advancing at an unprecedented pace, driving the demand for robust data centre infrastructure. With a proven track record in industrial and mission-critical projects, at AMANA we specialise in delivering scalable, energy-efficient solutions using innovative construction technologies. By partnering with MIS, we ensure that Saudi Arabia’s next-generation data centres are deployed faster, operate more efficiently, and support the Kingdom’s sustainability agenda under Vision 2030.”

Abdullah Al Ghamdi, CEO of MIS added, “Agile, efficient, and high-performance data centres are fundamental to the success of AI, cloud computing, and enterprise digitalisation. Businesses and public sector entities require infrastructure that is scalable, secure, and future proof. Through this collaboration with AMANA, we are delivering seamless, high-performance data centres by integrating cutting-edge IT solutions with precision-engineered construction methodologies, ensuring that Saudi Arabia’s digital ecosystem is supported by world-class infrastructure.”

Leveraging its subsidiaries, AMANA will deliver data centre infrastructure that meets the Kingdom’s stringent ESG and efficiency goals. The MoU represents a milestone in the advancement of Saudi Arabia’s digital infrastructure, ensuring that enterprises, hyperscalers, and government entities have the robust, scalable solutions they need to support the region’s transition to a data-driven economy.

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Source: MEConstructionNews


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February 24, 2025 valueeng0

Nominations are now open for the Future of Architecture Awards. Created to honour innovation and best practice in the architecture and design sectors, the awards will be presented at an exclusive gala dinner on 23 April in Dubai.

Objectively judged, the awards are designed to celebrate not only the leading household-name firms, but also the smaller, boutique businesses whose specialisations and skillsets are pushing boundaries and changing the ‘status quo’. With 13 categories to nominate for, practitioners can easily find an award that’s relevant to their achievements over the past year and gives ample opportunity to submit a stand-out project profile, said the Middle East Consultant editorial team.

The awards honour both corporate and personal excellence, and this year, the organisers are expecting a record number of entries; rapidly gathering momentum since their inception in 2023, the awards have become a sought-after endorsement of industry standing.

Paul Godfrey, Head of Content at Middle East Consultant explains, “For businesses looking to gain competitive advantage, winning a Future of Architecture Award is a hallmark statement of excellence. We have created the awards categories to cover a spectrum of key areas across the architecture and design verticals – so whether you have conceptualised a ground-up design, created bespoke interiors for People of Determination, or put exceptional emphasis on a ‘greened’ environment, there’s an award that can best recognise your unique standing and initiatives.”

“This year, we warmly welcome video entries – in addition to the standard channels – and given the sector we’re working with, we can fully expect some outstanding nominations. Plus, given the increasing role of AI and Smart tech in architecture and design, we’re hoping to see a new level of creativity and imagination, too,” added Godfrey.

Nominate for the Future of Architecture Awards via the event website: https://2025.foasummit.com/.

The post Nominations open for Future of Architecture Awards appeared first on Middle East Construction News.

Source: MEConstructionNews


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February 24, 2025 valueeng0

Vantage Developments and Vittoria Group have announced an alliance with Venere Group. The Venere Group will unveil its prototype Italian supercar, while Vantage Developments will introduce a new residential tower in Dubai’s Jumeirah Village Circle, featuring Italian design elements from Venere Group.

The residential tower, designed by Milan-based architects Gandolfi e Mura and to be developed by Vantage Developments and Vittoria Group, re-imagines living through the lens of Venere Group’s hypercar design philosophy. The 140-unit tower is said to draw inspiration from both the Miami skyline and Venere Group’s signature automotive aesthetics, featuring fluid and aerodynamic lines.

Each residence will be fully furnished with Venere Group’s Italian-made furniture, blending avant-garde design with European sophistication. The units cater to discerning buyers seeking a lifestyle with smart home technology, energy efficiency, and a Green Building certification, said a statement.

The tower bridges the gap between design and mid-market accessibility. Amenities will include a jogging track, co-working spaces, a private cinema, spa, sauna, dog park, and app-controlled smart home systems. The project also introduces Vantage Developments’ signature 24/7 concierge service, for both long-term residents and short-stay guests.

Attendees at the launch event will witness the premiere of Venere Group’s prototype supercar to debut in the UAE, reflecting Dubai’s growing influence as an innovation hub. Simultaneously, the event will showcase the tower’s show apartments, where Venere Group’s furniture line and hypercar inspired design elements will be displayed for the first time. The partnership also solidifies Vantage Developments as Venere’s exclusive real estate branding partner, with plans to integrate their design across future developments.

Kabir Joshi, Founder & CEO of Vantage Developments said, “This partnership represents an entirely new frontier in real estate. By integrating Venere’s hypercar vision into our architectural blueprint, we’re creating a lifestyle that’s both high-performance and elegantly livable—setting a bold new standard for Dubai’s mid-market luxury segment.”

Stefano Asuni, Managing Partner at Venere Group added, “Dubai’s ambition aligns perfectly with our brand’s ethos. Launching our supercar here, alongside Vantage Developments’ architectural marvel, symbolises a new chapter where engineering, art, and lifestyle converge. This is more than a project, it’s a legacy.”

Beyond its design credentials, the tower emphasises sustainability with energy-efficient systems and eco-conscious construction practices. Coupled with its location and investor-focused amenities, the project looks forward to attract the audience of design-savvy buyers, expatriates, and investors seeking blend of productivity and relaxation.

The post Vantage Developments partners with Venere Group to debut luxury project appeared first on Middle East Construction News.

Source: MEConstructionNews


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February 24, 2025 valueeng0

Prestige One Developments is to nearly double its portfolio in 2025 with the launch of 11 new projects in the UAE. The expanded pipeline will include a series of luxury residential developments across the Palm Jumeirah, Business Bay, JVC and Dubai Islands.

The business is also expanding into new territories across the GCC and West Africa, while on home soil the developer is on a recruitment drive, hiring for in-house sales, marketing, and customer relations roles, to support its growth, it said in a statement.

Prestige One Developments also revealed that 2025 will see the completion and handover of two projects: Vista in Dubai Sports City and The Residence in Jumeirah Village Circle (JVC). The business has already developed more than three million square-feet across Dubai, aligned with the 2040 Dubai Urban Plan to upgrade and urban spaces.

Ajmal Saifi, CEO Prestige One Developments said, “I’m confident that 2025 will be a year of continued growth, as we launch new projects and handover two of our flagship developments in Dubai. We are expanding our portfolio, team, regional and international operations and we remain deeply committed to enhancing and adding strategic value for communities.”

Basma Al Badre, Managing Director added, “Every project we have brought to the market reflects our commitment to set new benchmarks in real estate. The strength of performance in 2024, with record revenues and the strongest pipeline of development in our history, has been a testament to our team’s hard work and resilience. We look forward to achieving even more in the year ahead.”

To support its upward trajectory, Prestige One Developments has appointed the former Managing Director of Colliers Project Leaders (CPL), Yamin Shihab as Chief Development Officer. Shihab has more than 25 years of experience across MENA and North America.

The expansion plans follow a record year for the developer, in which it launched more than 1,500 commercial and residential units across Dubai, including premium developments on Palm Jumeirah, Dubai Islands and Mohammed Bin Rashid City (MBR City). In 2024, the company also commenced construction on four new projects and signed an exclusive sponsorship agreement with the Argentina Football Association to support its strategic growth.

By the end of 2025, the developer will have a total of 25 residential and commercial projects (completed and under development). With a pipeline of projects and ongoing investor trust, Prestige One anticipates another standout year for revenue and investment, reinforcing its position in the market.

The post Prestige One Developments to launch 11 new real estate projects in 2025 appeared first on Middle East Construction News.

Source: MEConstructionNews


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February 24, 2025 valueeng0

UAE-based Azizi Developments has announced the sales launch for its new landmark, Burj Azizi, which is set to become the world’s second tallest tower, standing at 725m high.

Scheduled for completion by 2028, the 131+ storey building will feature residential, hotel, retail and entertainment spaces; the residential section will include luxury one-, two- and three-bedroom apartments, while an ultra-luxury mall, that aims to host many high-end fashion brands, will occupy the retail zone.

For every 20 floors of residences, a dedicated amenity floor is planned, consisting of swimming pools with sauna and steam room, a fully fitted gym and yoga centre, a spa, a games room including billiards, chess and table tennis, a business hub, a kids’ play area, a cinema, a restaurant and coffee shop, and a supermarket.

Approaching the top of the tower, there will be ultra luxury penthouses enjoying exclusive access to all amenities. Separate lobbies will serve the residences and the penthouse units. The project, seen as a historic milestone for Azizi, will be unveiled at a ceremony in the Coca Cola Arena, Dubai.

The unveiling will be followed by the formal global sales launch, taking place in several major cities around the world, including Dubai (Conrad Hotel), Hong Kong (The Peninsula), London (The Dorchester), Mumbai (JW Marriott Juhu), Singapore (Marina Bay Sands), Sydney (Four Seasons Hotel) and Tokyo (Palace Hotel).

Founder and Chairman Mirwais Azizi said, “In Dubai and cities around the world, new projects come up every day. But projects like Burj Azizi happen only once in a generation. I feel overjoyed today that we celebrate Burj Azizi’s journey from conceptualisation to launch. Burj Azizi has been a dream of mine for many years. It has been a tough challenge, having taken much tireless work by experts from around the world. But I am happy to announce that the dream is now on the path to realisation.”

Burj Azizi will boast an all-suite seven-star hotel, inspired by seven cultural themes, Arabic, Chinese, Persian, Indian, Turkish, French and Russian. The hotel will feature culturally-styled restaurants for each of the national themes, in addition to an authentic Emirati restaurant.

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Source: MEConstructionNews