You are here

  • Home
  • Emirates Steel and Eversendai partner for NEOM project

Emirates Steel and Eversendai partner for NEOM project

Emirates Steel and Eversendai partner for NEOM project
Seated from left, Narishnath Nathan, deputy group managing director of Eversendai, and Saeed Alghafri, CEO of Emirates Steel, at the signing ceremony.
Short Url

https://arab.news/z66b8

Updated 21 July 2024
Arab News
Follow

Emirates Steel and Eversendai partner for NEOM project

Emirates Steel and Eversendai partner for NEOM project
Updated 21 July 2024
Arab News
Follow

Emirates Steel, part of Emirates Steel Arkan Group, one of the largest publicly traded steel and building materials manufacturers in the region, is partnering with Eversendai, a global powerhouse in steel construction, solidifying their collaboration for the prestigious NEOM Trojena Ski Village project in the heart of NEOM, Saudi Arabia’s most ambitious giga-project.

The strategic partnership marks a significant milestone in the steel industry, highlighting the two companies’ joint commitment to delivering excellence in sustainable innovation across the wider GCC region. Emirates Steel will supply premium steel beams renowned for their sustainability, regionally record-setting low carbon emissions, and exceptional durability for the construction of the NEOM Trojena Ski Village.

The partnership agreement was formalized during an official ceremony, signifying the commencement of a robust alliance aimed at setting new benchmarks in construction excellence. The collaboration will not only enhance Emirates Steel’s position within the wider GCC market, but also highlights its pivotal role in shaping iconic projects in the region.

Saeed Alghafri, CEO of Emirates Steel, said: “We are delighted to partner with Eversendai on this significant project which promises to be a staple of NEOM in Saudi Arabia. Emirates Steel is committed to supplying benchmark sustainable steel solutions that meet the stringent demands of innovative construction projects. This collaboration exemplifies our dedication to driving sustainable growth across the GCC and delivering value to our partners and stakeholders.”

Narishnath Nathan, deputy group managing director of Eversendai, said: “Eversendai is proud to collaborate with Emirates Steel on the NEOM Trojena Ski Village, a landmark project that will showcase our collective capabilities in delivering world-class steel construction solutions. This partnership highlights our commitment to pushing the boundaries of engineering and construction.”

The NEOM Trojena Ski Village is poised to become a premier global destination, offering unparalleled recreational experiences in the region. Emirates Steel’s advanced steel beams will play a crucial role in the structural integrity and sustainability of the resort, ensuring it meets global standards for quality and safety.

SAB launches native plant conservation center in Qassim

SAB launches native plant conservation center in Qassim
Updated 24 December 2024
Arab News
Follow

SAB launches native plant conservation center in Qassim

SAB launches native plant conservation center in Qassim
Updated 24 December 2024
Arab News

Saudi Awwal Bank has inaugurated the Prince Faisal bin Mishaal Center for Native Plant Conservation and Propagation in the Kingdom’s Qassim region. The project was launched in collaboration with the Environmental Awareness Society as part of SAB’s contribution to the Saudi Green Initiative.

The inauguration ceremony was held under the patronage of Qassim Gov. Prince Faisal bin Mishaal bin Saud, who reviewed the progress of the project during the event. The ceremony was attended by Yasser Al-Barrak, chief corporate and institutional banking officer at SAB, and Dr. Abdulrahman Al-Alsoqeer, chairman of the Environmental Awareness Society.

This center, the first-of-its-kind in the Kingdom, focuses on preserving and promoting native plant species while increasing awareness of the importance of natural vegetation. It is equipped with facilities such as a training hall, a seed bank, plant nurseries, an herbarium, and a botanical garden showcasing key native plants of the Kingdom.

The center also prioritizes research, supporting researchers and postgraduate students in areas like desertification control and native plant conservation. As part of the project, a forest of 10,000 native trees will be planted around the center, contributing to the goals of the Saudi Green Initiative.

Al-Barrak said: “We are proud to be part of a ground-breaking national project, which reflects SAB’s dedication to its social and environmental responsibilities. Through this partnership, we aim to support Saudi Vision 2030 by contributing to environmental conservation and combating desertification. We are confident that this center will set a benchmark for preserving biodiversity in the Kingdom.”

Alsoqeer added: “The launch of this center marks a significant step toward achieving our environmental goals of preserving and enhancing the Kingdom’s natural vegetation cover. Through our collaboration with SAB, we aim to raise awareness about native plants, their importance, and efforts to propagate them.

“The project serves as an invaluable resource for researchers and postgraduate students. The patronage and support of Prince Faisal bin Mishaal highlight its significance and distinguished status on a national level.”

The facility will produce 200,000 native plant seedlings each year. It will also focus on collecting, preserving, and supplying high-viability seeds of native plants, especially those at risk of extinction, with the goal of boosting seed germination rates to more than 70 percent. Moreover, the project will support the propagation of endangered plant species using tissue culture techniques. It will also offer scientific and training support through workshops, research initiatives, and awareness programs, benefiting more than 10,000 participants annually.

The launch took place alongside the 16th session of the Conference of the Parties to the United Nations Convention to Combat Desertification, or COP16, held in Riyadh. This initiative highlights cooperation between the private sector, represented by SAB, the nonprofit sector, represented by Environmental Awareness Society, and the government sector, represented by the National Center for Vegetation Cover Development. It seeks to contribute to the goals of Vision 2030 and support the Kingdom’s efforts in environmental protection and sustainable development.

AMUOBA Jeddah marks Sir Syed Day with enthusiasm

AMUOBA Jeddah marks Sir Syed Day with enthusiasm
Updated 23 December 2024
Arab News
Follow

AMUOBA Jeddah marks Sir Syed Day with enthusiasm

AMUOBA Jeddah marks Sir Syed Day with enthusiasm
Updated 23 December 2024
Arab News

The Aligarh Muslim University Old Boys Association — Jeddah Chapter commemorated the anniversary of Sir Syed Ahmad Khan’s birth at Crown Plaza, uniting 500 alumni and their families to honor his enduring legacy of education and community uplift.

Member of the Indian Parliament Zia ur Rehman Barq was the chief guest. He paid tribute to Sir Syed’s sacrifices, such as selling his house to establish Aligarh Muslim University. He described Sir Syed, founder of Aligarh Muslim University, as a transformative Muslim leader whose vision of education, literacy, and social uplift remains vital today and called for unity to advance this vision.

Guest of Honor Atif Hanif underscored the importance of continuing Sir Syed’s mission, describing it as a roadmap for progress. During his address, he presented the book “Shaikh Mohammed Abdullah: A Pioneer of Muslim Women Education,” commemorating the 150th birth anniversary of the trailblazer.

Popular Urdu poet and AMU alumnus Azhar Iqbal added to the event’s excitement with poetic reflections celebrating Aligarh’s timeless values and the transformative power of education.

AMUOBA President Aqeel Jamil reaffirmed the association’s dedication to Sir Syed’s vision of empowering generations through education and leadership. He outlined key initiatives, including the Youth Leadership Program, conducted in collaboration with Toastmasters International, which has trained 30 boys and girls in leadership and public speaking skills.

AMUOBA’s flagship initiative transforms the lives of underprivileged children in Aligarh by making quality education accessible. Through collaboration with Hamara School, the program offers direct opportunities for members to support a child’s education, creating lasting community uplift.

Dr. Zargham Zia, co-founder of Hamara School, highlighted the school’s impact over the years in transforming lives.

Additionally, the “Teach One, Employ One” program connects young alumni with industry leaders, who offer career guidance and job opportunities.

As a gesture of appreciation, mementos, and gifts were presented to dignitaries and attendees by advisers Farzan Rizvi, Nooruddin Khan, Aziz ur Rub, Ateeq Siddiqui, sponsors, and other committee members.

Earlier, the program began with a Qur’anic recitation by Fahad Zinjani, followed by senior alumni Syed Nematullah and Anjum Iqbal presiding as special guests.

General Secretary Prince Mufti Ziaul Hasan anchored the program with eloquent Urdu couplets that added warmth and elegance, while Vice President Asim Zeeshan delivered a heartfelt vote of thanks.

The event concluded with a soulful rendition of the university anthem “Taraana,” performed by the team of Siddiqui, Zeeshan, Hasan, Mohammed Sirajuddin, Rabnawaz Khan, Athar Rasool, and Nayyer Abbas, followed by a sumptuous dinner.

Urban development under Vision 2030 sees smart living on the rise

Urban development under Vision 2030 sees smart living on the rise
Updated 22 December 2024
Arab News
Follow

Urban development under Vision 2030 sees smart living on the rise

Urban development under Vision 2030 sees smart living on the rise
Updated 22 December 2024
Arab News

As Saudi Arabia undergoes unprecedented urban development, Vision 2030 is transforming Saudi Arabia’s economy and reshaping the lifestyle and living standards of its residents. The Kingdom’s young, tech-savvy population and a growing number of expatriates are driving the demand for integrated, sustainable, and technologically advanced residential solutions.

“Over the past decade, Saudi Arabia has witnessed a remarkable evolution in its residential landscape. Smart living is becoming a cornerstone of Saudi Arabia’s urban development strategy,” said Evgenia Naimat, general manager at Al-Nakhla Investment. 

“The shift from isolated housing units to integrated communities equipped with smart and vibrant living solutions signals a transformative era,” she added.

Globally, a Deloitte study highlights that more than 75 percent of tenants prioritize smart technologies, such as automated lighting, climate control and remote security systems, when selecting housing. 

Evgenia Naimat, general manager at Al-Nakhla Investment

The adoption of such technologies in the Kingdom’s real estate market aligns with its ambitious goals to position itself as a global innovation hub.

According to a recent report by Knight Frank, 67 percent of Saudi nationals express interest in mixed-use developments, valuing convenience, amenities and a sense of community over traditional housing models.

“Additionally, sustainability is now a critical component of the housing sector. As a key player in driving green innovation in real estate, the Kingdom has delivered on its commitment to sustainable development through key initiatives such as the Mostadam and the Saaf Certification Program,” said Naimat.

A 2023 survey by PwC revealed that 80 percent of Saudi millennials, which make up one of the Kingdom’s largest demographics, prefer environmentally friendly residential solutions and developers are increasingly integrating green spaces, energy-efficient designs and eco-conscious initiatives into their projects.

Integrated communities, offering a blend of residential, retail and leisure spaces, are quickly becoming a preferred choice for residents in Saudi Arabia. 

Research by JLL shows that residents in such communities are 35 percent more likely to renew their leases, driven by access to curated amenities and lifestyle benefits.

“We believe that redefining residential living goes beyond offering a place to stay. It’s about creating an ecosystem that combines convenience, community, and sustainability and our goal is to be a community where residents feel truly at home while experiencing the best of modern and smart living,” said Naimat. “Al-Nakhla has set a benchmark in delivering lifestyle-oriented solutions. Furthermore, its sustainability initiatives, including energy-efficient designs and green spaces, lead the way in community-building.”

Award-winning communities like Al-Nakhla Residential Resort and Al-Sharq Village, both by Al-Nakhla Investment, exemplify how integrated communities can meet the growing demands of a modern Saudi lifestyle. The projects feature state-of-the-art smart apps that enable residents to manage services seamlessly and pay rent to community-focused amenities like 6,000 square meters of green areas, which blend natural surroundings within the urban environment. Other amenities include 23 swimming pools, a bowling alley, cinema, and various sports courts that provide ample opportunities for leisure and recreation.

As the Kingdom rapidly advances and progresses, driven by a massive influx of people from across the globe, communities like Al-Nakhla Residential Resort and Al-Sharq Village play a pivotal role in elevating living standards, contributing to Vision 2030’s goal of fostering a vibrant, innovative and inclusive society.

Karnataka state opens investment avenues for Indian expats in KSA, GCC

Karnataka state opens investment avenues for Indian expats in KSA, GCC
Updated 22 December 2024
Arab News
Follow

Karnataka state opens investment avenues for Indian expats in KSA, GCC

Karnataka state opens investment avenues for Indian expats in KSA, GCC
Updated 22 December 2024
Arab News

News Trail, a leading English daily with editions in Bangalore and Qatar, has collaborated with the government of Karnataka to host the NRI Investment Summit Roadshow in Saudi Arabia and the UAE.  This initiative underscores Karnataka’s commitment to unlocking global investment opportunities and fostering economic growth.

The roadshow in Jeddah was held on Dec. 22 at the Park Hyatt. It will be held in Riyadh on Dec. 23 at the InterContinental Riyadh and in Dubai on Dec. 24 at the Grand Hyatt. 

The government of Karnataka, led by Chief Minister Siddaramaiah, aims to connect with non-resident Indians in GCC nations, offering a platform to explore the state’s diverse investment opportunities. 

With a minimum investment requirement of 50 million Indian rupees ($588,600), Karnataka is opening its doors to a world of possibilities across sectors such as micro, small and medium enterprises, tourism and wellness, IT, textiles, and agriculture.

The state, known as India’s “Silicon Valley,” contributes 8 percent to India’s GDP and leads the nation in IT exports, accounting for a staggering 40 percent. It has emerged as a hub of economic innovation, supported by its robust infrastructure, skilled workforce, and business-friendly policies.

Senior officials from the Karnataka government, led by Dr. P.C. Jaffer, IAS, secretary to government (budget and resources), Department of Finance; Vipul Bansal, secretary to MSME department; Nitesh Patil, director MSME; Dr. Rajendra, managing director — KSSIDC; and Varnit Negi, managing director, Karnataka Handloom Development Corporation; will deliver exclusive presentations on the state’s investment potential. 

Attendees will have the opportunity to interact with top bureaucrats, gain insights into lucrative opportunities, and engage in discussions to facilitate investments.

“As a trusted voice in the GCC and Karnataka, News Trail is dedicated to fostering meaningful connections between Karnataka’s dynamic economy and the global diaspora. Through this partnership, we aim to amplify the message of growth, innovation, and collaboration that Karnataka stands for,” a press release said.

News Trail is edited by Rajendra Menon.

LuLu showcases best of Singapore’s gastronomy

LuLu showcases best of Singapore’s gastronomy
Updated 22 December 2024
Arab News
Follow

LuLu showcases best of Singapore’s gastronomy

LuLu showcases best of Singapore’s gastronomy
Updated 22 December 2024
Arab News

The Saudi-Singapore Gastronomy 2024 event at LuLu Hypermarket is showcasing the best of Singapore’s gastronomic delights, bringing 10 premier Singaporean food brands to the hypermarket’s stores across Riyadh, Jeddah and Dammam.

Held in association with the Singapore Food Manufacturing Association, the event — running from Dec. 14-24 — supports the expansion of Singapore’s renowned culinary brands into the Kingdom.

This is the first-ever cross-border event to introduce Singapore’s finest culinary products to the Saudi market, transforming LuLu stores into culinary hubs, showcasing the country’s finest ingredients and flavors. 

The opening ceremony was attended by chief guest Premjith Sadasivan, ambassador of Singapore to Saudi Arabia, and Tonya Tan, founder and business development director of World Future Enterprises, alongside other dignitaries from various fields. 

Upon arrival, Sadasivan was welcomed by LuLu’s senior management with a purple carpet ceremony, bouquets, and a traditional orchid garland. A state-of-the-art robot announced the launch of new products, adding an innovative and tech-savvy dimension to the event. 

Sadasivan said the Saudi-Singapore Gastronomy 2024 event marks a significant milestone in enhancing economic and cultural relations between Singapore and Saudi Arabia. “This event presents exciting business opportunities for the growth of Singaporean products in the Middle Eastern market. By providing Saudi consumers with access to premium Singaporean food brands, LuLu Hypermarket and World Future Enterprises are paving the way for greater collaboration between the two nations,” he added. 

Saudi-Singapore Gastronomy 2024 features a wide range of Singaporean food products, from sauces, spices, and noodles to ready-to-eat meals, offering a blend of authenticity and premium quality. The Singaporean brands debuting in the Kingdom include: Boozt Isotonic Sports Drink, Jungle Kitchen Productions Pte. Ltd, Chilli Brand, Double Elephant Brand, Fred and Chloe, Ideal Food, Quay Wholefoods, MindoFoods, Oatbedient, RÓA Daily, and Flavors of Asia/ Simple Chef. 

Key highlights of the event include tasting tables and interactive live cooking stations manned by celebrity chefs preparing Singaporean dishes.

Shehim Mohammed, director of LuLu Saudi Hypermarkets, said Saudi-Singapore Gastronomy 2024 reflects LuLu’s commitment to offering the best of Singaporean flavors to the sophisticated Saudi palate “With our global network of sourcing offices and state-of-the-art warehousing and logistics support, LuLu Hypermarket is in a unique position to bring the finest food trends from Singapore to Saudi Arabia,” Mohammed said. He said the event presents an exciting opportunity to explore Singapore’s rich culinary offerings bursting with flavor and quality. 

World Future Enterprises’ Tan said the organization focuses on innovation, sustainability, and an immersive retail experience. With her wealth of experience in retail and international brand expansions, Tan aims to drive significant growth and consumer engagement for both Singaporean and Saudi markets. 

Latest updates

Riyadh symposium explores challenges in theater training
Riyadh symposium explores challenges in theater training
Saudi Arabia leverages project management to achieve Vision 2030 milestones
Saudi Arabia leverages project management to achieve Vision 2030 milestones
Egypt and Jordan discuss collaborations in natural gas
Egypt and Jordan discuss collaborations in natural gas
Federation of Saudi Chambers announces launch of 1st joint Saudi-Kuwaiti Business Council
Federation of Saudi Chambers announces launch of 1st joint Saudi-Kuwaiti Business Council
Balad Beast to return to Jeddah with international lineup
Balad Beast to return to Jeddah with international lineup

Search form

Print Edition
Read pdf version Subscribe now
© 2024 SAUDI RESEARCH & PUBLISHING COMPANY, All Rights Reserved And subject to Terms of Use Agreement.