Tag Archive | "industry"

Adionics adapts its AquaOmnes® disruptive desalination technology to existing desalination plants and to the oil and gas industry

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Adionics adapts its AquaOmnes® disruptive desalination technology to existing desalination plants and to the oil and gas industry

4117Adionics is pleased to announce, while taking part in the IWS 2015 exhibition in Abu Dhabi, the launch of variants of its AquaOmnes technology for existing plants by valuing their brines and for the oil and gas industry.

Adionics introduced AquaOmnes on the occasion of the last IFAT fair (Munich, May 2014); this technology removes salts from water by liquid-liquid extraction without the scaling barrier. A first pilot unit is being implemented in the United Arab Emirates.

These new variants of AquaOmnes mean we can:

propose a solution designed to desalinate brines from existing plants, making possible a significant improvement in water conversion rates and in the plant’s energy consumption without needing to engage in costly studies and major modifications;

and propose a desalination solution that is robust, more cost-effective, more compact, that works at ambient pressure and that makes it possible to highly concentrate the waste, thus meeting numerous technical, financial and environmental requirements of oil and gas producers, particularly offshore.

It’s important to remember that Adionics’ technology reduces a plant’s costs by nearly 30% in terms of CAPEX and at least 50% in terms of OPEX, compared to best-of-breed desalination solutions.

In this context, Adionics’ ambition is to conclude partnership agreements in the Gulf region and to have a local representation in the United Arab Emirates in 2015.

Adionics attends at the IWS 2015 exhibition in Abu Dhabi (January 19 – 22). Come and see us on booth 4415.

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Kingdom of Saudi Arabia to invest USD 91 billion over 10 years to stimulate petrochemical industry

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Kingdom of Saudi Arabia to invest USD 91 billion over 10 years to stimulate petrochemical industry

4110The Kingdom of Saudi Arabia (KSA) has experienced a robust growth in its economy in recent years with a growth of around 4 per cent anticipated for the financial year 2014-2015. The country has diversified its business interest to various other sectors in a bid to lessen its reliance on its oil-based economy. However, KSA is determined to maintain its leading position as one of the largest producers of petrochemicals and is aiming to achieve a production capacity of over 100 million tons per annum by 2015. It has earmarked USD 91 billion to be spent over the next 10 years to build new plants and expand existing ones and integrate refineries with new or existing petrochemical units.

In order to sustain this expansion, KSA has created lucrative business opportunities in its plastic and petrochemical industries. In fact, it is the only GCC state to allow private investment in the petrochemical sector with several incentives such as affordable energy, low cost raw materials, and advanced industrial infrastructure, especially in Yanbu. This has led to growth in Saudi plastics and petrochemicals from less than USD 0.5 billion in 1985 to USD 22 billion in 2011. To further throw the spotlight on KSA’s two primary economic sectors, the Riyadh Exhibition Company will organize Saudi Plastics and Petrochem – the 12th International Plastics and Petrochemicals Trade Fair in Jeddah in 2015.

Accredited by UFI, The Global Association of the Exhibitions Industry, Saudi Plastics and Petrochem 2015 will be held from March 1 to 3, 2015 at the Jeddah Center for Forums and Events to highlight cutting edge technologies and products in petrochemicals and plastics sectors. Organizers confirmed the participation of Saudi Basic Industries Corporation (Sabic) as the Diamond sponsor along with Rabigh Refining & Petrochemical Co. (Petro Rabigh) as the Gold Sponsor.

The exhibitors will get an opportunity to showcase their solutions and services to a broad audience comprising diplomats and high-ranking government officials, industrialist and manufacturers, distributors, suppliers and retailers, industrial engineers, and purchasing and operations managers, to name a few. Saudi Plastics and Petrochem 2015 will be held concurrently with Saudi Print and Pack 2015 – the 12th International Trade Exhibition for Printing and Packaging Technologies.

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IHCC CEO Sultan Batterjee to Share Industry Insights at 7th Annual Design Mission Summit Saudi Arabia

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IHCC CEO Sultan Batterjee to Share Industry Insights at 7th Annual Design Mission Summit Saudi Arabia

432IHCC, a leading turnkey solutions provider that specializes in healthcare, education and mixed-use projects, is marking an emphatic participation at the Design Mission Summit Saudi Arabia 2014 with its CEO Sultan Batterjee set to share industry insights and expertise in a panel discussion on day-two of the event.

Hosted in partnership with the American Institute of Architects – Middle East chapter, the two day summit opened today at the Al Faisaliah Hotel in Riyadh, converging more than 200 decision makers and providing direct business opportunities to over 50 suppliers, as well as regional and global brands. With several global players engaged in Saudi Arabia’s massive construction boom, the Design Mission Summit Saudi Arabia is positioned as the definitive procurement platform to speed up the buying and selling process within the design and build segment.

Nominated as a VIP speaker, Sultan Sobhi Batterjee a renowned entrepreneur within the Middle East, who is also Founder and President of Lifestyle Developers Ltd, will participate in a panel discussion titled ‘Challenges prevalent in designing a unique sustainably built environment that truly embodies the client’s vision’.

In his presentation, Batterjee will focus on the rapidly evolving skyline and landscape of Saudi Arabia, how contractors can step up their engagement in this area, and what special capabilities are required for meeting the sustainability goals across real estate projects. Showcasing IHCC’s pioneering developments that are currently in the pipeline, he will also highlight best ways to design a sustainably built environment in order to effectively capture the client’s vision.

Speaking ahead of the event, Sultan Sobhi Batterjee said: “The Design Mission Summit Saudi Arabia offers us a platform to showcase our projects to potential investors, while providing us with an opportunity to network with peers in the industry and share best practices. We are confident the market intelligence gained will influence our efforts to make meaningful contributions to the infrastructure development of the region, and particularly add value construction sector in Saudi Arabia, in line with my mission of being a developer with a cause.”

IHCC is a regional company with international expertise in turnkey solutions for healthcare, education and mixed-use developments. A design and build company, it also provides other customized solutions such as consulting, construction, equipping, furnishing, staffing and facilities management as well as renovation and project management services. IHCC is a first-of-its-kind specialized local contractor that understands the region’s regulatory environment and offers end-to-end expertise that is best suited for its unique requirements.

Lifestyle Developers was established to improve the quality of life of the community in Saudi Arabia through the delivery of development projects that raise the standards of living in the region and beyond. A full-service company managed by an international team of real estate experts, Lifestyle Developers focuses on the development of sustainable communities by continuously challenging new frontiers.

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Saudi Agriculture Industry Eyes Solar-diesel Hybrids

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Saudi Agriculture Industry Eyes Solar-diesel Hybrids

4121Solar-diesel hybrid solutions may hold the answer to reducing fuel costs and increasing energy security for Saudi Arabia’s agricultural sector. The poultry industry, in particular, could benefit from hybridizing diesel generators with solar photovoltaic (PV) systems, as attendees discussed at a recently held roundtable in Riyadh.

“Hybrid solar-diesel systems are a viable solution to provide power to Saudi Arabia’s poultry producers, many of which are not connected to the national electric grid. Such solutions can help reduce the industry’s heavy reliance on diesel fuel,” highlighted Abdulmohsen Al Shoaibi, managing partner of DarSolar.

Al Shoaibi was addressing the “Sustainable Agriculture: A Solar Solution” roundtable, which was organized by the Saudi Arabia Solar Industry Association(SASIA) this week.

As a result of the heavy dependence on diesel fuel, Saudi poultry companies are incurring notably higher energy costs than Brazilian producers, who accounted for nearly 79% of the Kingdom’s poultry import in 2012.

“At present, domestic poultry production accounts for only 40-45% of the Saudi market. However, the share is expected to increase to 60-65% in the next 5-10 years, due to massive investments in additional production capacities planned by the top Saudi producers. These expansions will drive further pressure on the demand for diesel fuel,” noted Browning Rockwell, executive director of SASIA.

“Hybrid solar-diesel systems can help local poultry producers remain competitive against imports, by ensuring an affordable and reliable source of power to cool their poultry houses,” he added.

Dar Solar, a Saudi-owned company that assists solar engineering companies to become established in the Kingdom and the MENA region, is currently examining a solar-hybrid solution for a hatchery that consumes 900,000 litres of diesel annually through four generators.

“Given the intermittent nature of solar PV, the existing onsite generation, and the need for continuous power, Dar Solar is evaluating a solar hybrid solution that will likely include the combination of existing generators and PV panels - and potentially, battery storage if needed,” highlighted Al Shoaibi.

According to Imtiaz Mahtab, executive vice president of Air Liquide MENA Electronics and board member of SASIA, diesel fuel in Saudi Arabia is heavily subsidized and is sold at 10-15% of the current market rates, thus, it would be uneconomic to run diesel generators as the prime source of electricity for the site.

“It’s not just fuel savings that would matter going forward; it will also have to deal with the reliability of supply chain. As diesel supply in Saudi Arabia is drying up, hatcheries and poultry firms may not have much choice but to rely on alternative energy sources such as solar PV for their off grid locations,” said Mahtab.

“Thus, the choice of economics going forward are expected to shift from just fuel savings towards more reliable operation of poultry firms. It is imperative that poultry producers consider this crucial aspect in their business plan and integrate hybrid designs at their current or future firms,” he added.

Meanwhile, Juan Carrasco, president of GPTech, presented his company’s PV-diesel hybrid solutions, highlighting the Energy Management System that manages and stabilizes output performance.

“So far, industrial facilities work with diesel solutions. Although they are a stable source of energy, they present limitations in the signal quality as well as higher generation costs. The combination of diesel and solar would provide larger stability and autonomy to such facilities, both for isolated solutions and those connected to the grid”.

The roundtable saw attendants from a number of local and foreign establishments, including environmental technical consultancy Altermia Asesores Técnicos, as well as Al Fakieh Poultry, Al Watania Poultry, National Centre of Palm and Dates, and IYA Investment.

SASIA and international solar conference organizer Solarplaza are now gearing up to host the second edition of the Desert Solar Saudi Arabia conference, set to take place at the Sheraton Riyadh Hotel & Towers from 17-18 September, 2014.

The event will bring together more than 150 stakeholders and decision makers from across the Saudi Arabian solar industry and beyond, including executives from Air Liquide MENA, E.ON, King Abdullah University of Science & Technology (KAUST), Tokyo Electron Taiwan, as well as Solairedirect and First Solar.

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FFWD Pushes Forward The Regional Fashion Industry

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FFWD Pushes Forward The Regional Fashion Industry

498Fashion Forward (FFWD), the definitive fashion platform in the Middle East, continues its commitment to driving the region’s fashion industry to a global audience with its Fourth Season this October 4th-6th. FFWD is the only fashion platform to solely champion Middle Eastern design talent, and as it enters its fourth edition, the movement has become a catalyst in the growing success and international visibility of the regional industry.

Commenting on the platform’s growth Bong Guerrero, Founder and CEO of Fashion Forward said: “The considerable traction we have made since our inception little over a year and a half ago has been phenomenal. It validates the vision we had and the need we identified for a unifying platform upon which to showcase the design talent of this region. Being able to offer visibility to these designers not only to their peers in the local and regional fashion communities, but also to an international audience, means we are succeeding in our mission to create a regional fashion eco-system which resonates globally.”

For Season Four, FFWD has partnered with WGSN and Fashion GPS to further engage the global fashion community. All FFWD catwalk show imagery will be displayed on the WGSN portal, facilitating international trend reporting from the Middle East. The designers’ runway images will also be uploaded to Fashion GPS’ exclusive industry-only community, GPS Radar.

On the partnership with FFWD Eddie Mullon, Founder & CEO of Fashion GPS said: “Fashion GPS was founded with the aim to connect the global fashion industry through technology. We are excited to bring the catwalks from FFWD to our international network of editors, buyers, stylists and beyond. Via GPS Radar designers from Dubai will have exposure to over 20,000 of fashion’s elite worldwide.”

FFWD’s commitment to fashion and the development of regional talent has been praised by Dubai Design District (d3), a new creative community dedicated to fostering the growth of the Emirate’s design, fashion, art and luxury industry.

Commenting, Dr. Amina Al Rustamani, Group CEO of TECOM Investments, the developers and operators of d3, said: “FFWD’s dedication to nurturing regional talent mirrors d3’s ambition to grow designers from this region into international brands. Our main participation in FFWD is support of the ongoing academic and developmental programmes that run throughout the event, these platforms are particularly important in helping to develop regional talent as new designers are able to gain true insight into the industry first-hand from some of the world’s leading fashion and design names. By inspiring these designers to flourish through events such as FFWD and building the infrastructure they need at d3, we will enable the growth of the industry and assist in the vision of the diversification of Dubai’s knowledge economy. FFWD has become an important contributor to the region’s fashion community and I am delighted that once again, d3 will be a strategic partner.”

Taking place at The Madinat Jumeirah from October 4th-6th, FFWD is also proud to once again be part of the official “Eid In Dubai” celebrations.

Suhaila Gobash, Events Director at Dubai Festivals & Retail Establishment (DFRE), an Agency of the Department of Tourism and Commerce Marketing (DTCM) said: “DFRE have always been an avid supporter of high calibre fashion events in Dubai, many of which were embraced by its main international festivals, such as Dubai Shopping Festival, Dubai Summer Surprises and Eid in Dubai. FFWD has evolved to be one of the main fashion events on the regional calendar, and it will surely be a main attraction for “Eid in Dubai” local and regional visitors. Our support for this benchmarking event comes in line with our commitment to position Dubai as a fashion hub in the region, and we look forward for another successful edition this year.”

Since its first season in April 2013, FFWD has welcomed over 45,000 members of the local, regional and international fashion community to Dubai, and has showcased over 35 of the finest couture and ready-to-wear design talent who are either based in the region or of Middle Eastern origin. Over 70 regional designers have also showcased in the accessories hub, The Garden.

The ‘d3 Fashion Talks’ has welcomed a host of international fashion experts such as Steven Kolb, the CEO of the Council of Fashion Designers of America (CFDA), Fern Mallis, the Creator of New York Fashion Week and international designers such as Rabih Kayrouz, Nanette Lepore, Ennio Capasa and Reem Acra. The expertise imparted by such guests has not only advised and informed FFWD on its growth, but has also created a firmer bridge between Dubai and the international fashion hubs of London, New York, Paris and Milan.

The first three seasons of FFWD have seen considerable success for participating designers both regionally and internationally.

In April 2014, FFWD was selected as the official nominating body for the International Woolmark Prize (IWP) for the UAE. Following their nomination from FFWD, Dubai based Iranian-British designers The Emperor 1688 won the menswear regional final of the Woolmark Prize for the Middle East and India. They will now go on to showcase in the international finals at London Collections: Men in January 2015.

The regional IWP womenswear winner Rayya Morcos will also showcase her collection with her brand Bird On A Wire on the FFWD runway this October.

Several designers have attracted the interest of international retailers and celebrities following their presentations at FFWD.

April 2013 saw Paloma Faith wearing a Michael Cinco dress straight from the FFWD runway to the 2013 Met Gala. Colbie Caillat wore a gown from Ezra’s Season One collection to the 2014 Grammy Awards in January of this year. Ellie Goulding wore Amato by Furne One at the 2013 MTV Video Music Awards (VMAs) and this year’s VMAs saw Jennifer Lopez champion Middle Eastern design wearing FFWD designer Charbel Zoe.

Considerable retailing orders have been made following FFWD shows for designers including: Zayan who secured orders with Harvey Nichols in Riyadh, Dima Ayad who sold to House of Fraser, accessories designer Nathalie Trad who launched her collection at FFWD and was subsequently picked up by Harvey Nichols, Amira Haroon had her largest ever order from Harrods following her FFWD show and Essa has sold to Dadu Luxe.

Through FFWD’s partnership with the crowdinvesting site Eureeca.com, accessories designer Roula Ghalayini was able to secure significant funding for her brand Poupée Couture which has grown her company exponentially.

FFWD partnerships with international media outlets have further bolstered global visibility: all catwalk imagery is shot, edited and hosted by Getty Images; each show is live-streamed on Style.com/Arabia, the first Condé Nast fashion and beauty publication in the Middle East, and Fashion TV broadcast highlights of the event to their international audience which exceeds 30 million.

“Looking forward to Season Four and beyond, FFWD will be more closely aligned with the objectives of the newly appointed Dubai Design and Fashion Council (DDFC),” said Guerrero. “FFWD will continue to focus on consistency and quality to determine who the strongest and most viable regional designers are, and to further develop a cadence, professionalism and rigor within the region’s fashion sector. FFWD will continue to see memorable, far-reaching and tangible success for its showcasing designers as they command space in shopping malls in the region, and beyond.”

With Dubai as its base, FFWD is perfectly placed to continue the growth of the Middle Eastern fashion industry to an international market, bringing the region into the global fashion conversation and making it a viable and sustainable destination for international designers, media, buyers and industry influencers.

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Global project management industry looks to Saudi Arabia for growth

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Global project management industry looks to Saudi Arabia for growth

460Leading project management firms are focussing growing attention on the opportunities emerging in the megaprojects market of Saudi Arabia, industry experts say.

According to MEED data, a total of more than 80 megaprojects each worth at least $1bn, are under way or planned for completion by 2030. This makes the kingdom the Middle East’s largest megaproject market by a wide margin, speakers will tell the third annual MEED Saudi Mega Transport & Infrastructure conference at the Al Faisaliah Hotel in Riyadh on 16-17 September.

The event’s opening keynote address will be delivered by HE Dr Muhammad Al Jasser, Saudi Arabia’s Minister of Economy & Planning.

Other speakers will highlight the opportunities emerging in the kingdom’s large-scale projects market. They include Saudi Aramco’s plan to invest $40 billion a year over the next decade to keep oil production capacity steady and double gas production, Saudi Aramco’s president and chief executive office Khalid Al-Falih said at a conference in Stavanger at the end of August.

“The resurgence of large scale and complex projects and programmes being developed in the GCC region continues to present delivery challenges to the mega-project industry,” says CH2M Hill Saudi Arabia Country Manager Amer Khan. “Part of the overall holistic solution is to implement tailored program management methodologies for mega project delivery with strategic level integrated teams comprising project owners, sponsors and world class delivery professionals.”

Representatives of the world’s leading project management companies will tell the MEED Saudi Mega Transport & Infrastructure Projects conference that the kingdom’s project continues to be highly attractive.

“The Saudi Arabian megaproject market is an exciting, challenging and rapidly growing entity,” says Faithful & Gould regional development director David Clifton. “To ensure successful delivery, we need to ensure global best practice, procedures and systems are both brought and then tailored to the market and implanted. Further, with the rapid rise of major programmes, we need to develop intelligent procurement as the supply stretches and capacity is taken up by multiple mega programs running concurrently.”

“We see the kingdom’s public and private development a real opportunity for our commitment of expansion of design-build and construction services from Riyadh and Al Khobar to Jeddah, King Abdullah Economic City, and most of the cities,” says Shapoorji Pallonji International senior vice president Steven Miller. “We are proud to be part of the renovation and addition to the King Khaled International Airport in Riyadh. It shows the continued depth of the commitment of the government to upgrade all of their infrastructure.”

The challenges associated with delivering some of the world’s largest and most demanding megaprojects are also formidable. They include the groundbreaking $20bn Riyadh Metro. First work on the project is now beginning. Further major metro projects are planned for Makkah and Jeddah.

“The public transport programme being rolled out in Saudi Arabia will be truly revolutionary, contributing to economic growth, social and job mobility and easing the otherwise chronic congestion of city streets,” says Hyder Consulting regional rail director Geoff Leffek who will address the MEED Saudi Mega Transport & Infrastructure Conference on 16 September. “ Essential in the development of these networks is integration with commercial and residential developments. These are exciting times for designers and contractors to contribute to a step change in the growth and development of the nation’s major cities.”

The MEED Saudi Mega Transport & Infrastructure Conference will be told the solution is action to increase labour productivity and the efficiency of the design and delivery process. Human talent always comes first, says Hill International senior vice president John Spitz of Hill International.

“The megaproject challenge in Saudi Arabia is huge but it can be overcome by the talent and quality of the people that you employ,” he says.

Technology will play a critical role, the conference will be told.

“The construction industry which includes design, engineering and construction has been plagued by flat and declining productivity, low growth and constant complaints about margin compression,” says global head of programme management at Arcadis Julio Maggi.

“There has been very little innovation. We really don’t’ design things any better, faster or cheaper than we have done in the past. So we are no delivering value to the client that you see happening in the microchip industry for example.”

“There needs to be more innovation and a wider embrace of the technologies that are emerging including robotics, 3-D printing and driverless vehicles. A wider adoption of BIM would be beneficial, particularly in large infrastructure programmes. Saudi Arabia has a vision for 2025.”

Maggi is the chairman of the MEED pre-conference Developing a Programme Management Culture in Saudi Arabia masterclass at the Al Faisaliah Hotel on 15 September. CH2M Hill’s Khan, Hill Internatiol’s Spitz and Clifton from Faithful & Gould will participate.

The importance of information management and full lifecycle BIM on megaprojects will the subject of a special breakfast briefing at the conference on 17 September hosted by Bentley Systems.

“The Saudi Mega Transport & Infrastructure conference will concentrate on finding solutions to the megaproject challenge the kingdom faces,” says MEED Event’s chairman Edmund O’Sullivan, who will moderate the event. “This will involve assessing the strengths and weaknesses of the project delivery supply chain from masterplanning to operations and maintenance.”

The challenge will be enormous, but the rewards will be greater, the conference will be told.

“In 11 years, the world will be unrecognisable principally because of the emergence of technology,” says Maggio. “Will the construction industry keep up? Are we going to try to push for more value for our clients? The good news that if we do, the capital markets will reward us and our clients will do so with better margins.”

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Saudi Agriculture 2014 to showcase latest industry solutions and products across local and regional markets

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Saudi Agriculture 2014 to showcase latest industry solutions and products across local and regional markets

4230With the Kingdom of Saudi Arabia’s population growing at a rate of 2.9 per cent, the demand for food products is set to increase in the mid-term, driving the investment in the agriculture sector to 6.6 per cent annually. While the current capital has touched USD 12.3 billion in domestic agricultural projects, the Saudi Government is channeling more funds towards agricultural investment. It has also earmarked USD 16.2 billion for the development of agriculture, water and related infrastructure, which accounts for 7.3 per cent of the total budget of the sector and 5.7 per cent increase from the 2013 budget.

Saudi Agriculture 2014 – the 33rd International Agriculture, Water and Agro-Industry Show is set to gather international and local companies to showcase the latest industry products and technologies to the local and regional markets. To be held under the patronage and support of the Saudi Arabia’s Ministry of Agriculture from September 7 to 14, 2014 at the Riyadh International Convention and Exhibition Center in the capital, the show will highlight all the aspects of agriculture and food industries, including cultivation, management, production, packaging and distribution.

Saudi Agriculture 2014 showcases a variety of top industry solutions and products, including agriculture building construction, animal health and chemicals, finance and banking, machinery and equipment, chemical and fertilizers, fisheries and fish farming, greenhouses, irrigation and landscaping equipments, and organic farming. It offers a vital platform to the visitors to meet key decision makers and industry experts to stay abreast with the latest trends and market developments, connect with fresh market entrants and forge new tie-ups to expand business.

Khalid Daou, Project Manager of Saudi Agriculture at Riyadh Exhibitions Company, said: “The agriculture sector has gained prominence in Saudi Arabia due to its robust population growth, which has led to an increasing demand for food products. Saudi Agriculture 2014 is being organized to support the government’s efforts to increase agricultural production in the Kingdom. The event will be an opportunity to learn about new products and technologies as well as network with other industry specialists to explore growth possibilities within the country. We are confident that the agriculture sector will greatly benefit from this exhibition as it will display solutions to improve agricultural capabilities.”

Held concurrently with Saudi Agriculture 2014 are Saudi Agro-Food 2014, the 21st International Trade Show for Food Products, Ingredients & Technologies, and Saudi Food-Pack 2014, the 4th International Trade Exhibition for Food Processing & Packaging Technologies. Dedicated to the food processing and packaging industry, Saudi Agro-Food 2014 will feature state-of-the-art technologies covering all aspects of food presentation, processing and packaging. Saudi Food-Pack will showcase a vast array of equipments and solutions such as tools, machinery and services that are essential for food production and packing as well as their display in stores and outlets.

Approved by the Global Association of the Exhibition Industry (UFI), Saudi Agriculture gathered around 26,000 professional visitors during its 2013 edition, which included high-ranking officials, major producers, manufacturers and dealers, and agents and distributors. The last edition allowed participants and visitors to explore partnership and growth opportunities within the largest and fastest growing agriculture market in the GCC.

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4124Red Sea Mall, the most renowned Mall in Saudi Arabia, has won a prestigious international award from The RLI international magazine, specialized in shopping and entertainment sector, during its 2014 annual awards ceremony. The win came after a strong competition with a number of the finest and most famous shopping malls worldwide for the “RLI Innovative Multi-Channel Retailing Concept 2014” category. The ceremony was attended by Shiekh Mohammad Alnabit, Member of Directors Council at Red Sea Markets Company Limited and by Shiekh Khalid bin Mahfouz, Deputy CEO of Intimaa Real Estate Company.

Shiekh Annabit expressed his happiness with this important win, and stressed that it confirms the leading position Red Sea Mall occupy in the Kingdom and the region. He also confirmed that the prestigious award marks a period full of milestones the mall achieved and still do.

Mr. Mohammad Alawi, the CEO of Red Sea Markets Company Limited, the owner of Red Sea Mall, expressed his happiness with this great win. Saying “We are grateful to for Allah first and foremost. I thank all RSM, Intimaa Real Estate Company and every person in the marketing, services, public relations, social communication, operations and maintenance sectors who contributed in this great accomplishment.

“Red Sea Mall excels through its unprecedented features and components in Saudi Arabia and the region. The spacious area, the large mounting number of locally and globally pioneer trademarks, its unique entertainment facilities through to the distinct value-adding events and activities”, said Mr. Alawi.

Mr. Mohammad Alawi assured the Red Sea Mall achievements in the industry and hoping to win the awards for 2014. Adding “Red Sea Mall leadership is derived by the strong and prosper Saudi economy that directly strengthen the Mall industry in all Saudi regions. It is the ultimate purchasing power that the Saudi consumer enjoys that made possible, all praises to Allah, and then to the wise direction this government has taken under the patronage of His Majesty, the custodian of the two holy Masjids, King Abdullah bin AbdulAziz.”

Red Sea Mall is committed towards the Saudi people to boost the citizenship spirit in Saudi youth, boys and girls by allowing them to express their love of this lovely country. Red Sea Mall also provide the unique opportunity for them to exhibit their creativity and invention in the fields of art, design, knowledge and many others. Red Sea Mall works relentlessly to attract visitors to support these young for life achievement.

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Mashreq officially named as the Best Retail Bank in the Banker Middle East industry awards

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Mashreq officially named as the Best Retail Bank in the Banker Middle East industry awards

490Mashreq, one of the UAE’s leading financial institutions, has been named as the Best Retail Bank in the prestigious Banker Middle East industry awards. This is the second time Mashreq has been named as the top retail bank in the awards, cementing its position as one of the leading banks in the region.

The award comes as Mashreq continues to outperform its competitors. In the first quarter of this year alone, it reported a 35% increase in its Net Profit, climbing to AED 575 million with all indications showing that this pattern will continue throughout the rest of the year.

The award was received by Mashreq’s Head of Retail Banking, Farhad Irani. He said:  “Mashreq continues to be the bank that is re-writing the way the UAE approaches its banking needs. Our innovative approach is well-known in the region – our customers know we are always striving to give them banking on their terms, and know that we only employ the most dedicated people in the industry. Our revenue growth continues to beat all benchmarks as more and more people realize that we are the best financial partner that they can engage with, whether it is a retail bank they need, or indeed our other divisions, including commercial banking and asset management.”

Farhad continued, “Our focus is to delight customers in service quality and its delivery. Innovation is the centre of Mashreq’s philosophy of delighting the customers. Every touch point, every interaction must be quick, efficient and most of all offer a rewarding experience to the customer.”

Mashreq has long enjoyed a reputation as one of the most innovative retail banks. This is evident in the product and service solutions it has been launching. Through several initiatives aimed at physical and digital channel convergence and state-of-the-art mobile apps the bank has fast become the primary financial app of choice for customers who demand banking anywhere, anytime.  In 2013, Mashreq reinstated its challenge and disruption of traditional retail banking in the UAE, and continues to deliver heightened levels of customer engagement through its multi-award winning digital (eCube Retail Concept) branches, social media strategy and video conferencing service capabilities.

In 2014, TapnGo was launched. This is the country’s first NFC (Near Field Communication) Sticker solution which allows to makes low-value purchases exceedingly simple by converting any mobile phone of any generation into a credit card that can then be used to make contactless payments at thousands of retail outlets in the UAE and abroad. The newly launched Tap n Go is already accepted at over 4000 merchants and growing in the UAE.

The Banker Middle East awards ceremony was attended by senior banking executives and decision makers from the financial industry. The annual event seeks to showcase successful institutions within the region and highlight not only profits, but performance measure and recognizing innovation and development achieved by the most forward thinking institutions in the Middle East, setting the benchmark for excellence amongst the region’s financial institutions.

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Car wrapping industry shifts gear to the next level

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Car wrapping industry shifts gear to the next level

4201International Expo Consults (IEC) part of Falak Holding, stated that the car wrapping industry in UAE is set to scale new heights owing to the accelerated growth witnessed by the UAE’s automobile sector. SGI Dubai 2015 will have a special privileged arena for exhibitors to showcase their car wrapping skills live during the event. For the past 17 years SGI Dubai has been leading the industry in the forefront to create a niche platform for the exhibitors and the trade visitors within this industry. The show helps sign makers, architects, media agencies, print and production manufacturers, real estate developers, brand and image consultants converge under one roof.

“Car enthusiasts are definitely upbeat as the mood is all set to witness state-of-the-art car wrapping demonstrations at SGI Dubai. Originally created as a medium for mobile advertising, car wrapping has turned into a fashion statement and rapidly gaining popularity. The car wrapping industry has witnessed rapid growth in the Middle East in recent years and this market is very much in the growth phase and has a tremendous potential. This platform definitely enables a vast market outreach apart from being an effective means of advertisement. The scope of the industry combined with the aesthetic appeal has been the main contributor for the latest upsurge in the demand for car wraps,” said Mr. Abdul Rahman Falaknaz, Chairman of IEC.

SGI Dubai 2015 in its 18th edition aims to welcome over 400 global exhibitors from across 30 countries and expects over 12000 trade visitors from 75 countries to visit UAE during the show. The show is slated to be held from 11th – 13th January, 2015 at the Dubai World Trade Center. This Trade Show/ Exhibition will also include seminars and workshops conducted by industry experts.

“Making the right impression involves very effective advertising and car wraps are definitely the ultimate method to spread your idea or business message. Car wraps for sales and delivery vehicles are a potent marketing and branding tool. A car which is wrapped and well-designed is more likely to garner more attention than a plain coloured one on the road. Attention grabbing, brightly enamelled vehicles wraps definitely gives you the distinct edge and makes your vehicle stand out from other cars. Aesthetically appealing car wraps engage people’s attention. The advantages of car wrapping are multi-fold which includes reaching a wider audience, non-aggressive advertisement, mobile advertisement, cost effectiveness, local advertisement besides protection of your vehicle,” said Mr. Sharif Rahman, CEO, IEC.

CMYK Print Solutions, Arlon, Signtrade International, 3M, Strings International, Avery Dennison and System Middle East, Hexis are some of the exhibitors who displayed their car wrapping product portfolios at this year’s show.

“The fact cannot be denied that vehicle wrapping has spread like wild-fire and is one of the latest forms of outdoor advertising. Businesses that engage in wraps are getting a thrust in the right direction in the UAE. A plethora of existing automotive aftermarket and signage businesses are adding this service to their existing chain of offerings to harp on the extra revenues. The car wrapping industry is in the nascent stage but has tremendous growth potential observed from its rapid growth in the UAE in recent years as the numbers and statistics paint a clear bright picture,” added Mr. Rahman.

An extensive market research on car wrapping market conducted to date was provided by global analysis and consulting firm Frost & Sullivan. The study came up with the findings that the industry generated US$220 to US$250 million at the retail level. The vehicle wrap market growth was estimated to grow by 10 percent year-on-year by the same study research.

“The car wrapping industry is a fast blooming multimillion industry which has taken a surge in the US and other developed countries. This phenomenon is picking up speed and has become sort of a rage in the Middle East as well. This industry has catapulted into the next level taking giant strides due to the growth in advertising spends in the consumer product market. With the EXPO 2020 win, FIFA World Cup 2022 and more brands entering the Middle East, this platform spreads out to the masses and caters to their specific needs and it is proving to be very cost-effective. High end consumers who own the latest and sleek cars are also on the lookout for the latest car wrap offerings to stand out amongst the crowd,” concluded Mr. Rahman.

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