The credit crunch has given Dubai investors plenty of good reason for concern in recent days, but there are still deals to be done especially in the FM arena.Following last summer's news that fit-out and FM specialist Modus had established a local operation comes the announcement that it has won a major contract at the new Al Jazira Club and Stadium.The deal, due to start in February, is worth UAE Dhs 3.4m (£564,000) and will see Modus field a team of 50 for the maintenance of primary technical services.
FM Link
Middle East Opportunities
01/12/2008
Al Noor City, meaning 'City of Light', led by Al Noor Holding Investment, is a US$200 billion project not only making engineering history but also involving social development and boosting emerging economics in Middle East and Africa. "My plan is simple. I want to build a trans-continent bridge across the water, connecting Yemen and Djibouti," explains Sheik Tarek Bin Laden, owner of Al Noor Holding Investment. "We are planning to connect not just two cities, however, but two continents and this will revive an entirely new trade route through Africa, Middle East and beyond."
EMCOR
Eye of Dubai
EMCOR Facilities Services Group launches operations in KSA in joint venture with ACWA Holding
01/07/2009
EMCOR Facilities Services Group Ltd (EFSG) Middle East, has announced the launch of its operations in the Kingdom of Saudi Arabia, through a joint venture with ACWA Holding, for the delivery of integrated facilities, estate and property management solutions.The move is part of EFSG’s strategy which aims to leverage the region’s single-largest market and follows the company’s Middle East expansion plans.EFSG and ACWA Holding have been awarded their first project in KSA – a contract valued over SAR 500 million to provide a range of Facilities Management and other operational support services.
Hochtief
i-FM net
Hochtief signs FM deal with Bahrain Airport
01/11/2008
The Bahraini Airport Company has signed a Memorandum of Under-standing with HOCHTIEF Facility Management to create the joint venture. The new company, HOCHTIEF Facility Mana-gement Bahrain Airport, with its 120 employees will take over responsibility for all technical systems, energy management and infrastructure at the airport, from March 1 next year. The contract is planned to have a term of at least 15 years and is worth an estimated 70 million euros ($89.6m) in the first five years.
Imdaad
UAE Daily News
Imdaad to provide Facilities Management Services to Dubai World Corporate Services
01/02/2009
Imdaad, the integrated Facility Management solutions provider, today announced that it has signed a 10-year contract with Dubai World Corporate Services under which it will undertake maintenance including MEP Services, Civil Engineering, and Infrastructure maintenance at all Dubai World Corporate Services premises.
Interserve
Fox Business
INTERSERVE WINS GBP50m MIDDLE EAST CONTRACTS
01/04/2009
Interserve, the services, maintenance and building group, has won three contracts worth GBP50 million in aggregate through its Middle East associate companies: a construction project in Dubai and two engineering /fabrication projects in Qatar.
Mace
i-FM net
Macro to advise Jordan on managing her assets
01/12/2009
Macro International has won a high profile consultancy commission to advise the government of Jordan on a facilities management strategy for the public property portfolio. The Jordanian government has asked Macro to review and assess the current approach to managing government buildings and to help develop a strategy that will lead to a better use of property.Macro's Jordan win follows on its appointment to provide facilities management and property management services to Standard Chartered Bank’s corporate real estate portfolio throughout the United Arab Emirates. That contract includes managing hard and soft services for five office locations and 11 branches, as well as 95 residential properties and 96 ATM sites.
Makateb Holding
Zawya.com
Sungwon OBO signs contracts worth AED 6 million to provide full facilities management services to Jumeirah Village projects
01/01/2009
Sungwon OBO, a member of Makateb Holding, the first Office Building Operator Company in the world, has announced that it has recently signed two contracts with a combined value of AED 6 million for the provision of a full line of facilities management services to premium development projects in Jumeirah Village. Sungwon OBO will provide maintenance, cleaning, security as well as consultancy services for three years to A&A Investments' Serena Residence project and to the Al Duaa Residence project of Al Duaa Residence Limited. Sungwon OBO, the pioneering facility management company in South Korea and the Facilities Management Division of Makateb, delivers a full range of integrated facilities management services, including consultancy, mechanical and electrical maintenance, lifecycle costing, energy management and building maintenance.
Makateb Holding
Business Intelligence Middle East
Sungwon OBO to provide exclusive facilities management services to Michigan State University Dubai
01/02/2009
UAE. Sungwon OBO, a member of Makateb Holding, the first Office Building Operator Company in the world, has announced that it has recently signed a one-year renewable contract to provide exclusive facilities management (FM) services to Michigan State University (MSU) Dubai.Sungwon OBO will officially commence delivery of FM services which includes cleaning and security services beginning 1 March 2009 to Michigan State University Dubai's new headquarters in Dubai's International Academic City.Sungwon OBO, the pioneering facility management company in South Korea and the Facilities Management Division of Makateb Holding, delivers a full range of integrated facilities management services, including mechanical and electrical maintenance, cleaning, security, FM consultancy and energy management.
Qube Global Software
PRLog
Qube Global Software continue their expansion into the Middle East with the addition of International Property Services (IPS), the Middle Eastern arm of Australian investment company Davids Group, to their already impressive customer base.
01/05/2009
IPS has purchased the Horizon Property Management Solution to manage their portfolio of properties which consists of significant developments specialising in temporary residential accommodation. Martin Betts, EMEA Sales Director, Qube Global Software, commented “We are delighted with the success we are having with the Horizon solution in the Middle East. The ability to increase our presence so rapidly, despite the current climate, is a testament to the ability of the product to integrate with our customer’s working practices and its ability to provide answers to the problems property companies are currently facing. IPS recognises that effective expense management, increased efficiency and delivering the business intelligence they require to make informed decisions will improve their bottom line.”
wasl
Dubai City Guide
wasl Appoints Three Facilities Management Service Providers To Improve Services For Selected Properties
01/01/2009
wasl, the asset management group owned by Dubai Real Estate Corporation (DREC), today announced the appointment of BK Gulf, Operon Middle East and Imdaad as exclusive facilities management service providers for 778 villas and 32 mixed use buildings at various locations in Dubai, that are part of wasl’s portfolio.
