Construction & Real Estate

Saudi group to build hitech hospital in Dubai

Saudi Arabia's premier healthcare concept Dr Soliman Fakeeh Hospital (DSFH) is set to build the first smart hospital in the region  on a sprawling 150,000 sq m area at Dubai Silicon Oasis in Dubai, UAE.

The Fakeeh Academic Medical Centre (FAMC), a smart hospital and medical university project, will be developed at a cost of Dh1 billion ($272 million) in two phases.

Sheikh Ahmed bin Saeed Al Maktoum, the chairman of Dubai Silicon Oasis Authority (DSOA) unveiled the commemorative plaque of the hospital in the presence of senior officials of both the entities.

These included Essa Al Haj Al Maidoor, the director general of Dubai Health Authority, Dr Mohammed Al Zarooni, the vice chairman and chief executive of DSOA, Dr Mazen Fakeeh, the president and chairman of the board of directors at Dr Soliman Fakeeh Hospital and Emad Adnan Madani, the Saudi consul general in Dubai.

The first phase of the project is set for completion in 2017 and will include the delivery of a 150-bed smart hospital at the integrated free zone park, while the second phase will be completed in 2019, said a statement from DSOA.

The DSFH will step up the capacity of the Dubai hospital with an additional 150 beds in the second phase. This phase will also add an academic component to the project through the opening of the research-focused university, it added.
 
Speaking at the launch, Sheikh Ahmed said: "Dubai plans to attract 500,000 medical tourists a year and boost its economy by up to Dh2.6 billion ($708 million) in the next five years. By hosting FAMC, we reiterate our complete support to this project throughout the implementation of the prestigious medical facility."
 
"The high-profile project seeks to implement the strategy put in place by the executive board for the promotion of Dubai as a leading destination for medical tourism. I am confident FAMC will serve as a hub for research and achieve medical milestones across a wide spectrum of healthcare issues," he noted.
 
The DSO-based medical centre will be the first smart hospital in the region, comprising IT-enabled patient rooms fitted out with health-monitoring technology.

The technology will ensure the hospital conforms to the highest standards of sanitation and significantly reduce possibilities of medical errors. In addition, it will simplify everyday operations and workflow, make documentation easier and free up quality time for nurses to focus on personalised patient-care, said the statement from DSOA.
 
The 300-bed facility will offer robotics surgery and feature an automated medication dispensing system. The hospital will also include five centres of excellence that specialise in diabetes and endocrinology, muscles, bones and joints, emergency medicine, pulmonary medicine and cardiology, it added.
 
On the new project, Dr Fakeeh said: "We have chosen Dubai to be home to our largest projects outside of Saudi Arabia for a number of factors, foremost of which is the strong and growing bilateral relations. While making the decision, we also considered the solid economic and social ties between the two countries, the economic and cultural boom the UAE has been witnessing, and its success in attracting the most prominent global institutions and entities in various industries.”
 
“The second phase of the project will also include a best-in-class university established in partnership with one of the largest universities in the world. The medical university will deliver the latest curriculum through the most modern teaching methods," he added.-TradeArabia News Service

Construction & Real Estate

Liebherr secures big crane order from Bahraini group Haji Hassan

Liebherr, a leading manufacturer of tower- and mobile construction cranes, has announced that it has received a major order from Bahrain-based Haji Hassan Cranes for supply of a LTM 1160-5.2 mobile crane and two LTM 1090-4.2 cranes.
 
A leading crane and lifting company in the Kingdom of Bahrain, Haji Hassan Cranes, has set itself the goal of meeting most of the country's demand for mobile cranes. The company has 30 employees and a fleet that includes all-terrain cranes with lifting capacities from 50 tonnes to 500 tonnes.
 
This significant investment by Haji Hassan comes as part of its fleet modernisation strategy. With this, the company now boasts 13 mobile cranes.
 
Haji Hassan Cranes plan to use these newly added cranes for their upcoming infrastructure development projects in the kingdom.
 
Manaf Al Sarabi, General Manager at Haji Hassan Cranes, said the group had picked up Liebherr mobile cranes for its quality, reliability and durability.
 
"Our previous purchases from Liebherr, the LTM 1500 8.1 and the LTM 1070-4.2, have proved to be a wise decision. Thanks to these cranes, we were able to safely plan and execute a wide range of lifting operations, giving us a competitive advantage in the market," he stated.
 
As part of its fleet modernisation plans, Al Sarabi said it was once again relying on the tried-and-tested crane manufacturer.
 
"The outstanding quality and reliability of both Liebherr cranes and Liebherr management are second to none," he added.
 
He pointed out the support they had received from Liebherr in terms of technical advice and supplies of spare parts which had boosted their confidence in the brand. 
 
"Liebherr customer service supports us around the clock. We also appreciate their transparency in all transactions," he added.
 
On the selection of LTM 1160-5.2 model, the Bahraini group said this crane type will fill the current gap between a 120-tonne and a 300-tonne crane and expand the company's range of services. 
 
The LTM 1160-5.2 offers an enormous maximum load capacity of 180 tonnes and is also characterised by its versatile range of applications. The two LTM 1090-4.2s will replace two ageing 80-tonne-cranes and bring the fleet up to date, it stated. 
 
Deepak Pillai, Operations Supervisor at Haji Hassan Cranes, said: "The 90-tonners impressed us with their short set-up time, 60-metre main boom and outstanding lifting performance. This enables us to carry out even the most challenging lifting operations safely and quickly."
 
"Both crane types are also characterised by Liebherr's innovative VarioBase and VarioBallast technologies," he explained.
 
"As Haji Hassan Cranes is involved in almost every major construction project in Bahrain, the new cranes will be used in a wide variety of areas," noted Pillai. 
 
"This includes lifting jobs in oil refineries, steelworks and petrochemical plants, general construction work, the assembly of prefabricated concrete parts, loading work, extensions of sewage treatment plants and the handling of heating, ventilation, and air conditioning systems," he added.-TradeArabia News Service

Construction & Real Estate

RAK nets $688m in real estate sales amid property boom

The real estate market in Ras Al Khaimah has witnessed unprecedented growth, with transaction volumes skyrocketing by nearly 25,000% over the past seven years, according to the latest data from the Ras Al Khaimah Statistics Centre.
 
The total value of real estate transactions in June 2024 reached an astonishing AED2.53 billion ($688 million) - an exponential leap from just AED10 million ($2.72 million) in June 2017.
 
Similarly, mortgage values have soared, recording AED3.47 billion in July 2024, compared to AED15.8 million in July 2017 - an unprecedented increase of approximately 21,849%.
 
 This surge underscores the growing investor confidence and the emirate’s rising prominence as a real estate powerhouse, said Andrei Charapenak, the CEO of Major Developers, a leading developer in Ras Al Khaimah.
 
"Ras Al Khaimah is no longer an emerging player, it has cemented itself as a prime investment destination. The staggering increase in real estate transactions and mortgage values reflects the emirate’s economic momentum, fuelled by visionary leadership, strategic infrastructure developments, and a strong appetite for premium residential and commercial spaces," he noted.
 
The surge in transactions, he stated ,comes at a time when Ras Al Khaimah is attracting heightened interest due to its strategic initiatives, including the expansion of Ras Al Khaimah International Airport, hospitality and entertainment investments, and a strong push toward sustainable urban development.
 
"We are seeing a paradigm shift in investor sentiment - luxury, sustainability, and lifestyle integration are driving purchasing decisions. Major Developers is committed to shaping the future of real estate in Ras Al Khaimah," he added.-TradeArabia News Service