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Two new Rota community schools inaugurated in Afghanistan

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Two new Rota community schools inaugurated in Afghanistan


245Reach Out to Asia (Rota), Qatar’s leading educational non-profit organization, is celebrating the inauguration of two new community schools serving 344 primary and secondary students in Khost Province of eastern Afghanistan.

With funding support from Rota, on October 2011 CARE International in Afghanistan began implementing a three-year project that draws on its extensive experience and lessons learned in community-based education.

The project is designed to establish and support Community Based Education (CBE) classes to assist the Government of Afghanistan in meeting the right to quality basic education for 3,154 children (54 percent girls) in respective grades (2,554 primary and 600 lower secondary).

In particular, education services are being emphasized for returnees, IDPs and communities prone to conflict in three provinces of Afghanistan (Kapisa, Ghazni, and Khost), specifically in areas where government education facilities do not reach.

Further, CARE is maintaining its focus on girls’ secondary education while continuing to support community-based primary education. Both primary and secondary approaches are incorporating CARE’s experience in adapting INEE guidelines (ineesite.org/index.php/post/inee_handbook/) to ensure effective and healthy learning environments even in the harshest of rural situations.

A strength of the CBE model is that it focuses on setting up quality education services in communities beyond the reach of the education system, by establishing classes in homes or mosques and training local residents known and trusted by the community to serve as teachers.

As the community gains an appreciation of its own education services it tends to raise the issue of constructing its own school. Thus, these two new schools in Khost province - designed with three classrooms, an administration room, toilet facilities, a playground and a secure surrounding wall - are an indication of these communities’ increased appreciation for the value of education for their children, including their girls.

In line with CARE’s Education program “ground up” approach to improving access to education through high level stakeholder engagement (particularly community members through male and female School Management Committees [SMCs]), the construction of the schools was a community-centered process throughout all phases (including the allocation of land for school construction, the selection of teachers, and monitoring of school affairs and progress). As such, CARE has taken key steps to fostering community ownership and long-term sustainability together with Ministry of Education (MoE) stakeholders.

Currently, the Mata Cheena Community School, located in Matun District, provides educational opportunities for 244 female students (44 secondary and 200 primary), while the Hassan Mohammad Community School in neighboring Mandozi district ensures educational opportunities for approximately 100 female students (33 secondary graders and 67 primary graders).

“Investment in education is the best defense against poverty and suffering in Afghanistan. In partnership with CARE International, we are committed to providing a comprehensive community based learning environment that sets high standards for its students while strengthening families’ abilities to be strong advocates for their children’s education,” expressed by Rota Director, Mr. Essa Al Mannai.

The inauguration ceremonies for the Mata Cheena and Hassan Mohammad community schools were held on March 25 and 26 respectively, and were attended by community members, MoE District Education Officials, local authorities, CARE representatives, parents, teachers, and students enrolled in the schools. During the ceremonies, project stakeholders at all levels voiced the importance of community support in ensuring the long-term sustainability of the newly-built schools.

The excerpts below capture the shared sentiment among participants: “Every speaker reiterated their support for a common mission - to encourage Afghanistan’s younger generation in obtaining a good quality education in a safe and secure environment. The walls of the school buildings were decorated by posters encouraging parents to support the children’s right to a quality, equitable education for both girls and boys, “expressed by Mr. Essa Al Mannai.

“All the students, teachers and community members are incredibly proud and thankful for the new Rota community schools as it’s the first time any child in either district has been able to begin the academic year in a new school building,” expressed by Lamis Sabra International Programs Manager.

In the period ahead, CARE intends to expand school construction to support girls’ secondary CBE education in Kapisa province, where classes are generally held in makeshift learning spaces (e.g., a house, mosque, or village hall).

Furthermore, CARE will also continue to work district and provincial education departments of MoE to identify eligible communities for project assistance (i.e. communities where there is long-standing unmet needs, which are beyond the coverage area of government and other agencies) and to build their institutional capacity to provide advisory and supervisory support to these communities. Through previous and ongoing initiatives, the CBE model has proven effective in addressing the twin challenges of lack of government capacity to serve remote areas and community reluctance to girls’ school attendance.

To cite the words of Mr. Essa Al Mannai:

“The reconstruction of the Afghan educational system is far from complete. More girls are now attending school in Afghanistan, yet there are still around two million students living in rural areas, many in refugee camps, who continue to be denied their right to education.”


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Shaza Hotels reveals new luxury resort in Oman

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Shaza Hotels reveals new luxury resort in Oman


238Shaza Hotels, the contemporary Eastern hotel brand partnered with Kempinski, today unveiled plans for Shaza Salalah - a luxury beach resort in Salalah, Oman.

The development was launched at a signing ceremony by Shaza Hotel’s CEO Simon Coombs and Taameer Investment’s CEO Suleiman Al Harthy, with the attendance of the Chairman of the Golden Group of Companies, Sheikh Salim al Ghazali, at the Arabian Travel Market.

Shaza Salalah has been master planned as a one of its kind luxury beach resort, bringing into development features centered on privacy, the natural landscape of Salalah, and the architectural heritage of the coastal city of Oman.

The resort is designed to cater for families, honeymooners, and the luxury traveler who seeks a getaway destination in pristine white sandy beaches, clear blue waters, breathtaking mountains, underwater hot springs, and the annual monsoon rains known as the Khareef.

Salalah, which is also known as the ‘perfume capital of Arabia’ is renowned for its historic Frankincense trade and distinct Omani hospitality.

Located on the beach and adjacent to a protected mangrove habitat, Shaza Salalah will feature a Presidential Villa, 80 luxury villas with private pools, 80 furnished hotel apartments, and 130 hotel rooms facing the Indian Ocean, many of which have their own private ’sky pool’.

The property will also unveil the largest luxury ballroom in Salalah, as well as retail outlets and two specialty restaurants.

A resort of this standard is a first for Salalah and is expected to enhance the tourism landscape of Oman’s second largest city. Construction will begin in Q4 of 2012 and the resort is expected to open in 2016.

Shaza Hotel’s CEO, Simon Coombs, said, “We are proud to announce the signing of Shaza Salalah and bring Shaza’s vision to the Sultanate of Oman, especially to Salalah. Shaza Salalah will be a resort that is married with nature and will be a window for the world to experience the best of Salalah - which is one of its kind in the entire Arabian Peninsula. We are also very proud to have found the right partners for this luxury resort development. We believe Taameer Investment have the vision and the development experience to see this resort to fruition and bring the world to Salalah.”

Shaza Salalah is a development by Taameer Investment, which is one of Oman’s leading investment companies with interests in real estate, industrial, financial and service sectors.

Taameer Investment’s CEO, Suleiman Al Harthy, said, “We are delighted to bring the bespoke Shaza experience to the Sultanate of Oman and especially to Salalah. Salalah has so far been Oman’s best kept secret on the worldwide tourism map and I firmly believe Shaza Salalah will enhance the luxury travel experience not only in Salalah but the entire Sultanate of Oman by setting a new benchmark. Ultimately, our goal is to invite the world to experience the legendary Omani hospitality, and the natural beauty that Salalah is gifted with. Shaza Salalah is the first step forward in that vision.”

Shaza Salalah is the first beach resort development to be announced by Shaza Hotels following hotels already in operation in Medina and Sarajevo while developments in Marrakesh and Karbala are in construction.

Since its launch, the Shaza Hotel brand has shown considerable interest from investors and developers for its unique concept, and was voted as the Middle East’s Leading New Hotel Concept at the World Travel Awards Middle East Gala Ceremony on April 30th 2012.



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Euro Motors opens new dedicated BMW Motorrad showroom

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Euro Motors opens new dedicated BMW Motorrad showroom


216In line with its commitment to always provide its customers with the best service possible, and as a response to the increasing interest in BMW Motorrad bikes in Bahrain, Euro Motors has unveiled a new dedicated BMW Motorrad showroom within its main facility in Sitra.

Representing an additional new investment, the new showroom covers an area of over 100 sqm, and is able to accommodate the display of up to 10 motorcycles. It also boasts all new diagnostic equipment and has new systems and processes in place to ensure more efficient customer service turn-around times.

Latest results from the exclusive BMW Group importer in Bahrain highlight the ever-increasing interest in BMW Motorrad in the Kingdom, with a 10% increase in sales during the first quarter of 2012 compared to the same period last year. The new showroom will help cater for this growth and further fuel interest in BMW Motorrad.

Paul Yates, General Manager at Euro Motors said: “At Euro Motors we place a huge emphasis on delivering a premium experience to all our customers. This new facility will not only allow us to match our sales growth with our physical growth, but also underlines our commitment to serving our customers even better, and providing them with the latest and most advanced in driving machines.”

In an aim to connect riders across the Kingdom with a passion for BMW Motorrad bikes, Euro Motors will soon be launching an exclusive BMW Motorrad Owners Club, under the name BMO (BMW Motorrad Owner).

“We have a growing community of BMW Motorrad lovers in Bahrain. As the sole importer of BMW Motorrad in the Kingdom, we hope that this club will bring bike enthusiasts together to celebrate their love for this ultimate driving machine.”

Euro Motors’ latest additions to the BMW Motorrad range include the eagerly-awaited R1200 GS / GS Adventure, K1300 R, 2012 S1000 RR and the Maxi Scooter.

The new Euro Motors showroom in Sitra is open from 8 AM to 8 PM, Saturday to Thursday.



Posted in Automobile, Corporate & BusinessComments (0)

New Zabeel Veterinary Hospital officially opens its doors

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New Zabeel Veterinary Hospital officially opens its doors


2311Dubai pet owners and animal enthusiasts are geared to experience an elevated level of healthcare, following the official opening of the Zabeel Veterinary Hospital.

The stated philosophy of the new hospital is “to practice with compassion, the highest quality veterinary medicine and surgery emphasizing on animal welfare, client education and satisfaction.”

The hospital’s opening is the culmination of an endeavor that was undertaken under the guidance of Their Highnesses the Sheikhs. The new institution is located in Zabeel 2, behind the Dubai World Trade Center.

The hospital fulfills the most stringent requirements of the UAE’s health authorities, giving pet owners peace of mind and the reassurance of quality.

This development further strengthens Dubai’s standing as one of the global leaders in healthcare excellence. Adhering to the mantra that prevention is better than cure, the hospital will offer top of the range preventive services to help pet owners keep diseases at bay, and nullify infections before they even infect their pets.

These services include Routine Healthcare & Consultation, Vaccination, Parasite Control and Nutrient Advice. These preventive services will be supplemented by surgical and medical procedures when necessary, encompassing Internal Medicine, Surgery & Anesthesia, as well as Dental. If the need arises, Emergency and Hospitalization services are provided.

The hospital also offers a grooming service that is dedicated to enhancing pet hygiene and appearance. This keeps pets not only looking their best, but feeling their best as well, since it helps to safeguard against infections.

Latest diagnostic tests such as Ultrasound, Radiography, ECG and Blood Pressure tests can also be undertaken. Additional offerings include Microchip Implant Registration, food testing, as well as Boarding - which will be warmly welcomed by families who need to take a vacation but have nowhere to leave their pets.

The animals which will be catered to are a broad spectrum from common pets like cats and dogs, to larger animals and exotic species. All indications are that the newly-opened Zabeel Veterinary Hospital will be warmly welcomed by pet owners and animal lovers in the region as it elevates the quality of veterinary services as well as simultaneously reinforcing the Emirate’s standing as a global leader in quality healthcare.



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Garuda Indonesia exhibits new business class seats at ATM Dubai

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Garuda Indonesia exhibits new business class seats at ATM Dubai


2310Garuda Indonesia Airlines, which won the Best International Airline award for January and February 2012 from Roy Morgan Research, has firmed up plans to increase its fleet size to 194 aircraft by 2015, as it races ahead to implement its ambitious ‘Quantum Leap’ program.

Garuda unveiled its expansion plans on the eve of its participation in Arabian Travel Market (ATM) which takes place in Dubai from April 30 to May 3, 2012.

To anticipate market demand and as a part of its fleet development and expansion program, Garuda Indonesia will have 20 Boeing 737-800NG, 10 units of Boeing 777-300ER, 24 units of A330-200 or other types of the Airbus family, 25 units of narrow body aircraft for Citilink and 18 units of sub-100 Bombardier CRJ1000 NextGen.

During 2012, Garuda Indonesia will receive 21 new additions to its fleet: four B737-800NGs, two A330-200s, ten A320s for Citilink, and five sub-100 Bombardier CRJ1000 NextGen aircraft. With these new additions, in 2012 Garuda’s fleet will reach a total of 105 aircraft, all aged an average 5.8 years.

Currently, Garuda has a fleet of 92 aircraft, which is expected to increase to 194 by 2015. Garuda Indonesia has placed a firm order for 11 more Airbus A330-300 aircraft. Garuda will operate the new aircraft in a two-class cabin configuration on routes from its hubs in Jakarta and Bali to destinations in Asia, the Middle East and the Pacific.

Speaking in Dubai in connection with Garuda’s participation in ATM 2012, Mr. M. Arif Wibowo , Garuda Indonesia EVP Marketing and Sales, said that the airline’s Quantum Leap program, supported by Indonesia’s fast-growing economy, was poised to position Garuda in the top league.

At ATM Dubai, Garuda is showcasing its latest achievements and senior officials will be on hand to offer visitors glimpses of its expansion plans, upgraded offerings and tourism potential for outbound tourists. The showpiece of the Garuda ATM stand will be two full-size Business Class seats with full 180 degree incline.

As part of its ATM participation, Garuda is also offering 15% discount on economy class tickets and a buy1get1free promotion on Business Class that is valid for sales at the Garuda ATM booth for Dubai - Amsterdam and Dubai - Jakarta sectors.

Explaining Garuda’s plans, Mr. Arif Wibowo said currently the airline flies Jakarta - Dubai - Amsterdam four times a time a week. As a part of the airline expansion program, this year Garuda has recently opened its new route, Denpasar - Haneda in April and will operate Jakarta - Taipei daily flights in May.

Garuda is also scheduled to launch code sharing flights to 6 European points: London (Heathrow), Frankfurt, Munich, Rome, Zurich and Madrid

“Garuda’s rising reputation is reflected in the spate of awards it has been winning,” said Mr. Arif Wibowo. “We won the Best International Airline Award for January and February 2012 beating Singapore Airlines and Air New Zealand from Roy Morgan’s Australia. Garuda was named the world’s most improved airline at the 2010 World Airline Awards in Hamburg, Germany, Asia’s leading service quality airline by the Center for Asia-Pacific Aviation (CAPA) in 2010 and Most Appreciated airline at World Travel Awards 2011 in China. In 2010, Garuda got a four-star rating from research company Skytrax. Our next goal is the five-star rating in 2015.”

Speaking on tourism and trade potential, Mr. Arif said Indonesia’s economic growth in 2012 was predicted to be higher than other ASEAN countries. The economic growth which projected to be around 6.5% to 6.9%, would be higher than that of Malaysia (5.2%), Thailand (4.5%), the Philippines (5.0%) and Singapore (4.4%).

The Quantum Leap is the company’s plan to improve its operations and the quality of its services. The plan includes the expansion and rejuvenation of its fleet from 94 airplanes this year to 194 airplanes by 2015. Garuda also wants to reduce the average age of airplanes from 6.5 years to 5.8 years.


Posted in Corporate & Business, Tourism and HospitalityComments (0)

Singing in the Rain: Launch of new KOHLER StereoStik to transform bathrooms into sonic sanctuaries

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Singing in the Rain: Launch of new KOHLER StereoStik to transform bathrooms into sonic sanctuaries


Easily installed aural solution fits to existing KOHLER mirrored cabinets to complete the bathroom experience

2308Dubai – UAE: 30 April, 2012: Kohler Co., a global leader in kitchen and bathroom design, has answered the symphony of regional customers who enjoy ‘singing in the rain’ whilst grooming with the new StereoStik - a sleek new audio product from Kohler that promises to transform Middle Eastern bathrooms into sonic sanctuaries. The StereoStik is designed to further enhance the bathroom’s role as a relaxing and meditative experience that helps to prepare and unwind people both at the start and end of the day. An audio add-on system that is easily installed to existing mirrored cabinets, the StereoStik continues Kohler’s efforts meet the growing trend of regional renters and home owners to personalise bathrooms.

“Homes are being built and remodelled to include surround sound audio systems and state-of-the-art stereo equipment, so it’s no surprise consumers would want to integrate audio into the bathroom as well,” says Mohamed Nada, Regional Marketing Manager at Kohler Co. “I don’t think that there is a person in the world who hasn’t sung a favourite song in the shower, or stood in front of the mirror using a hairbrush as a ‘mic’!. Depending on personal tastes, the introduction of the StereoStik can transform bathrooms into a concert hall, or blissful retreat. The fact that it looks as good as it sounds is a bonus.”

The StereoStik is named for its panel design and is a great upgrade option for the Middle East’s renters, remodelers or a new builds. Designed to work with KOHLER brand 26” tall, surface-mounted mirrored cabinets, the panel module mounts on either side of the mirrored cabinet, allowing for flexibility in installation and easy access for users.

StereoStik features include AM/FM radio with antenna, auxiliary input jack with cable for connecting to MP3 player, and digital display with clock. The StereoStik is powered by either four C batteries or AC power supply, and made from rust-free, aluminium and polymer. Easy installed with left- or right-hand mounting option, the StereoStik fits on all 26-inch tall, surface-mounted Kohler CL series mirrored cabinets and is currently available from Kohler’s Middle East distributor network.


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AmCham Qatar hosts GreenGulf Inc. CEO and elects new Board of Governors

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AmCham Qatar hosts GreenGulf Inc. CEO and elects new Board of Governors


2300The American Chamber of Commerce in Qatar (AmCham), a non-profit organization dedicated to fostering mutual cooperation and understanding between Qatar and the United States through trade, commerce and investment, recently hosted Mr. Omran Al-Kuwari, Co-Founder and CEO of GreenGulf Inc., at their Distinguished Speaker Series on 26 April at The St. Regis Doha.

Following welcoming remarks from AmCham Qatar Chairman Robert Hager, Managing Partner of Patton Boggs LLP Doha Office, members of AmCham Qatar and the Qatar business community were briefed on why solar energy is considered a viable option in Qatar. Mr. Al-Kuwari began by discussing energy production methods and energy consumption trends in the region. “Energy consumption in the Middle East grew by 56% in the first decade of the century, four times the global rate,” said Mr. Al-Kuwari who then detailed contributing factors such as population and industry growth.

Mr. Al-Kuwari indicated that key initiatives are laying the foundation for the use of clean technology in Qatar, citing projects by Qatar Foundation, Qatar National Convention Center and Qatar 2022 among others. Members were also informed about the Qatar Science and Technology Park Solar Test Facility which will operate under a joint study agreement between GreenGulf Inc. and AmCham Qatar member Chevron. Following Mr. Al-Kuwari’s presentation was a vibrant Question & Answer session, particularly engaging AmCham Qatar members representing the infrastructure and design sectors.

At AmCham Qatar’s Annual Member Meeting, immediately following Mr. Al-Kuwari’s remarks, a new Board of Governors was elected. The new Board consists of executives from AECOM, Carnegie Mellon University in Qatar, Chevron, Citibank, Doha Marriott Hotel, ExxonMobil Qatar Inc., Fluor/QNFS, KBR, Libra Trading Company, Marsh Qatar LLC, Overseas Bechtel, Inc., Parsons International, Patton Boggs LLP, Qatar Airways and The Boeing Company.

AmCham Qatar hosts monthly events open to AmCham Qatar members and members of the business community. On 3 May AmCham Qatar hosts a Facilities Management Roundtable featuring executives from Qatar National Facility Services, MMG, New Image Building Services Gulf States LLC and OCS. On 4 June AmCham Qatar’s Distinguished Speaker Series features Mr. Naim Yazbeck, Country Manager at Microsoft Qatar.


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AOC launches award winning new generation LED/IPS monitors in the region

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AOC launches award winning new generation LED/IPS monitors in the region


- AOC unveils its world class “iF Product Design Award” for “Borderless” LED/IPS 57 Series of monitors in the Middle East and Africa region -

2297Dubai, UAE, 29th April, 2012: AOC, part of Taiwan based TPV Technology Limited, and the largest display manufacturer in the world, today unveiled its award-winning design of the AOC 57 Series “LED/IPS” range based on its new generation of uncompromising display technology.

AOC recently won the prestigious international “iF Product Design Award” for “Borderless” range of AOC 57 Series of LED/IPS monitors. The 57 Series of monitors features an ultra-narrow bezel around the screen (just 2mm wide on the 27-inch version) that is barely visible, creating a seemingly borderless display. Superior IPS screen technology is available on selected models.

Ideal Dual Monitor Display
The AOC 57 Series “LED/IPS” body is ultra slim at only 10.6mm. The ultra-narrow bezel measures just 5.8mm on the 23” model, and a mere 2mm on the 27” model, for a borderless appearance that is ideally suited for use in a dual monitor or multiple monitor setup, with almost seamless expansion of the computer desktop. Connecting multiple PC monitors is rewarding and fun. Less switching between multiple applications improves productivity and comfort, with extra display space for working and entertainment.

Realistic Colors and Wider Viewing Angles
The 27” model features an IPS (in plane switching) display panel that yields more consistent, realistic colors from all viewing positions than more common TN panels. Outstanding color reproduction technology meets the demanding standards of graphics professionals and allows everyone to enjoy extended viewing angles with no variation in picture quality.

Suchit Kumar, Vice President, Sales MENA & CIS Central Asia, AOC, says, “The market for extended displays is growing rapidly, and our new USB monitor provides a perfect solution for multi-screen computing with its low power consumption, cord independence and highly competitive price. AOC e1649Fwu offers a great opportunity to all our channel partners to rapidly tap into this growing market segment.”
 
AOC 57 Series “LED/IPS” are available in two sizes: 23-inch (E2357FH) and 27-inch (I2757FH, with IPS panel) and the key features are:
• High definition – Full HD 1920×1080 resolution (16:9 aspect ratio), high dynamic contrast ratio of 20,000,000:1 and fast response time of 2ms (E2357FH) or 5ms (I2757FH).
• Elegant “floating” display – On the 23” model, the narrow glossy black bezel blends with a reflective glare panel for a seamless, brilliant and vivid display. The 27” model combines an anti-glare IPS screen with an even narrower bezel so that images seem to float without a distracting frame.
• Environmentally-conscious display technology – Designed to meet high environmental standards, AOC 57 Series “LED/IPS” are made of environmentally preferable materials such as arsenic-free glass and mercury-free panels. (E2357FH TCO 5.2)
• HDMI for multiple multimedia devices – Dual HDMI ports support the latest DVD and Blu-ray players or gaming consoles like PS3 and Xbox 360. Consumers can also connect the monitor to their desktop or notebook PC via VGA cable if required. Direct insert I/O makes it more convenient to connect the monitor, with all ports facing back instead of down.
• Multifunctional stand – A detachable stand allows conventional monitor or “photo frame” placement.
• Ultra high DCR (20M:1) – See darker areas of content with greater depth.
• Eco Mode – Enables the user to select five different optimized display settings (Text, Internet, Game, Movie and Sport).
• 16.7 Million Colors – Displays 500,000 colors more than typical TN 6-bit panels.
• Windows compatible – Windows XP through to Windows 7 are supported, Plug and Play without complicated settings.

Pricing Warranty and availability: The price for the AOC E2357FH LED monitor is US$ 179 and AOC I2757FH IPS monitor is US$ 259. Both the monitors come with 3 years local warranty and are available across the Middle East and Africa region.



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SHASTECH opens new Samsung showroom in Jeddah

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SHASTECH opens new Samsung showroom in Jeddah


2296April 28, 2012 Al-Riyadh - SHASTECH, the leading Saudi distributor and retailer of technology products, has recently opened a new outlet in Jeddah specialized in Samsung’s latest products and technologies including smart devices, tablets, and laptops.

The new showroom, located in Prince Market at Palestine Street, aims at providing the opportunity for its visitors to experience and test Samsung’s most recent techniques and making them aware of how to deal with new technology through the products it offers.

SHASTECH’s General Manager, Eng. Mohammad Ali Mohammad, expressed his appreciation for this achievement, saying: “The new outlet which is expected to boost our expansion plans and ensure the success of our partnership with Samsung represents the starting point for launching further showrooms specialized in exclusively supplying the Saudi market with Samsung products.”      

At the opening ceremony, the Director of the Western District at SHASTECH, Saad Allawi, praised SHASTECH’s remarkable progress in its strong partnership with Samsung, besides its unrelenting efforts to increase its presence within the kingdom and further enhance its capabilities and its high-quality product offering for local markets and customers.

“We are proud to be expanding our business and partnership with a leading global company in the size of Samsung. This initiative embodies the objectives of the partnership in ensuring SHASTECH’s strong presence, success, and ever-increasing growth as one of the largest Saudi companies in its field,” Allawi said.

To highlight Samsung’s leading position and the luxurious features of its products, “Smart Zone” is the name given to this elegant showroom which represents a central point to launch more specialized outlets across the kingdom.

It is worth mentioning that SHASTECH has recently signed three strategic partnership agreements with Samsung, naming the leading Saudi distributor and retailer of technology products an authorized reseller for Samsung smart phones, tablets and laptops in KSA, besides naming SHASTECH’s iCARE outlets the authorized maintenance centers for Samsung products.



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The Savola Group buys East Tower of the Headquarters Business Park for SR134m for new corporate HQ

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The Savola Group buys East Tower of the Headquarters Business Park for SR134m for new corporate HQ


2289The Savola Group has signed a contract with Adeem National Construction and Development Company to purchase the East Tower of “The Headquarters Business Park”, located in the Ashati District on Corniche Road, North Jeddah.

The Business Park project consists of two towers, East and West. The Savola Group headquarters will be situated in the East Tower facing Prince Faisal bin Fahad Street and consists of sixteen floors, including the ground floor, with a total area of 13,404 square meters, not including some common areas.

The total cost of the purchase is SR134m to be paid in three installments. The first installment of 60% represents what has been constructed to date and is payable on signing. The remaining two installments of 20% each will be paid according to the stages of deliverables as per the contract. The East Tower will be handed over to The Savola Group by the end of May 2013 and at that point of time the ownership will be transferred to The Savola Group. The purchase will be self-financed.

Dr. Abdulraouf M. Mannaa, Managing Director of The Savola Group, said that this project will unify the Group’s corporate headquarters and its operating companies offices, reduce costs of administrative expenses and rent, enhance management of processes and effectively foster team-work. Furthermore, any remaining space in the East Tower will be as an investment for The Group.



Posted in Corporate & Business, Real Estate and ConstructionComments (0)

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