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ASGC Construction
ASGC (Al Shafar General Contracting Co. LLC) Construction is a construction conglomerate company established in 1989, headquartered in Dubai, UAE. ASGC is one of 26 companies in the Al Shafar Group.UAE-based ASGC acquires 15% stake in Costain engineering firm ''Arabian Business'', 9 May 2020. Retrieved: 7 May 2021. In 2020, the company had annual revenues of $1bn and 17,000 employees. It is privately owned by Mohamed Saif Bin Shafar (chairman), Emad Azmy (vice-chairman) and Mohammed Al Sayyah (non-executive director). History The business was established in 1989 by a Dubai national and an Egyptian engineer.[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Palm Jumeirah
The Palm Jumeirah is an archipelago of artificial islands on the Persian Gulf in Jumeirah, Dubai, United Arab Emirates. It is part of a larger series of developments called the Palm Islands, including Palm Jebel Ali and Palm Deira, which, if completed, will together increase Dubai's shoreline by a total of . It has an estimated population of at least 10,000 as of 2017. The islands were created using land reclamation. The construction was done as a joint venture by two Dutch specialist companies, Van Oord and Boskalis. The same companies also created The World. The recently opened destinations The Pointe, Club Vista Mare and Nakheel Mall are the latest additions to Palm Jumeirah. Transportation The Palm Jumeirah Monorail, monorail connecting the Atlantis Hotel to the Gateway Towers at the foot of the island. The monorail connects The Palm Jumeirah Dubai to the mainland, with a planned further extension to the Red Line of the Dubai Metro. The line began operating on 30 April 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Dubai
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Costain Group
Costain Group plc is a British construction and engineering company headquartered in Maidenhead, England. Founded in 1865, its history includes extensive housebuilding and mining activities, but it later focused on civil engineering and commercial construction projects. It was part of the British/French consortium which constructed the Channel Tunnel at the end of the 1980s, and has been involved in Private Finance Initiative projects. History 19th century The business was founded in 1865 when Richard Costain and his future brother-in-law, Richard Kneen, left the Isle of Man and moved to Liverpool as jobbing builders. The partnership lasted until 1888, when Richard Kneen left and Richard Costain's three sons (Richard, William and John) joined him.Wellings, Fred. ''Dictionary of British Housebuilders'' (2006) Troubador. By the time of the First World War Costain had expanded through Lancashire and into South Wales, where it built houses for munitions workers. 20th century After ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai International Airport
Dubai International Airport ( ar, مطار دبي الدولي) is the primary international airport serving Dubai, United Arab Emirates, and is the world's busiest airport by international passenger traffic. It is also the nineteenth-busiest airport in the world by passenger traffic, one of the busiest cargo airports in the world, the busiest airport for Airbus A380 and Boeing 777 movements, and the airport with the highest average number of passengers per flight. In 2017, the airport handled 88 million passengers and 2.65 million tonnes of cargo and registered 409,493 aircraft movements. Dubai International Airport is situated in the Al Garhoud district, east of Dubai and spread over an area of of land. Terminal 3 is the second-largest building in the world by floor space and the largest airport terminal in the world. In July 2019, Dubai International airport installed the largest solar energy system in the region's airports as part of Dubai's goal to reduce 30 percen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mohammed Bin Rashid Library
The Mohammed Bin Rashid Library (MBR) is a large library in the Al Jaddaf locality of Dubai, United Arab Emirates, on Dubai Creek that opened to the public on June 16, 2022 Overview The design of the library is inspired by the shape of a lectern. The main features of this library will be a conference centre, exhibition spaces, a children's library, a bookshop on the ground floor, reading halls, service areas, a business library, and training halls. The basement of the library will be able to accommodate around a thousand cars. The project took over 6 years to complete at a cost of AED1 billion. 300,000 to 400,000 volumes will be available in the library's open-access section. The library will have book handling and information systems. The library has been designed by consortium of 'asp' Architekten Stuttgart, Obermeyer Planen+Beraten Munich, and the ACG Architecture Consulting Group. The structural design of the library and its foundation system was awarded from ACG tS. A. MIR ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bluewaters Island
Bluewaters Island is an artificial island off the Jumeirah Beach Residence coastline, near Dubai Marina, in Dubai, United Arab Emirates. The project was approved by Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and unveiled on February 13, 2013. It is built on reclaimed land by Meraas Holding, with dredging work conducted by Van Oord, the Dutch firm known for its work on Palm Jumeirah, at an estimated cost AED 6 billion (1.6 billion USD, including the Ain Dubai, formerly the Dubai Eye). Construction was originally due to start in April 2013, but actually began on May 20, 2013. It opened in November 2018. The island includes entertainment, hospitality, residential, and retail zones, and is forecast to attract more than three million visitors annually. The island features two five-star hotels with direct beach access. Bluewaters also has around 200 beverage and retail and food outlets in the ground level of residentia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meraas
Meraas is a privately held holding company headquartered in Dubai with operations and assets in the United Arab Emirates. As of 2020, Meraas was reportedly due to become a subsidiary of Dubai Holding. History Since its founding in 2007, the Dubai-based conglomerate has launched several projects in multiple sectors including real estate, retail, hospitality, food and beverage, leisure and entertainment and healthcare. Sheikh Ahmed bin Saeed Al Maktoum serves as the Group Chairman of Meraas. The Meraas real estate portfolio comprises property development sales and asset management across Dubai. Projects include Port de La Mer, Central Park at City Walk, Cherrywoods, Bluewaters Residences, Bvlgari Residences, Nikki Beach Residences and Villa Amalfi. In 2019 Meraas launched its latest destination, Dubai Harbour. When complete, the development will become the Middle East's first yachting community hub and the largest marina in the Middle East and North Africa, comprising a total of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kier Group
Kier Group plc is a British construction, services and property group active in building and civil engineering, support services, and the Private Finance Initiative. Founded in 1928 in Stoke-on-Trent it initially specialised in concrete engineering before expanding into general contracting and house-building. Kier was listed as a public company on the London Stock Exchange from 1963 until it was acquired by Beazer in 1986. After a period under the ownership of Hanson plc, it was bought out by its management in 1992, expanded its housing interests, and was relisted on the London Stock Exchange in 1996. During the early 21st century, it expanded through acquisitions, and, following the January 2018 collapse of rival Carillion, Kier was briefly ranked, by turnover, as the second biggest UK construction contractor, behind Balfour Beatty. It was then a constituent of the FTSE 250 Index. However, its share price plunged following a failed rights issue in late 2018, and by mid 2019 wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Waldorf Astoria Dubai Palm Jumeirah
Waldorf Astoria Dubai Palm Jumeirah is a Hotel rating, five-star luxury hotel in Dubai, part of Hilton Worldwide. The hotel was opened on 12 March and the master suite and penthouse cost just over 12,000$ per inch was in December 2013. It is the second hotel of the Waldorf Astoria Hotels & Resorts in the United Arab Emirates. In 2018, Corah Caples was appointed as Director of Operations. Building The hotel is located on the Palm Jumeirah, an artificial archipelago in the United Arab Emirates. The hotel was built by ASGC Construction.Dubai contractor asgc is said to delay IPO plan on weak market ''Gulf News'', 8 October 2015. Retrieved: 7 May 2021. The technical issues begun with the site’s de-watering, given that there ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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