Ministry of Energy & Infrastructure and Dar Alwd Construction strengthen partnership for sustainable infrastructure
The visit provided valuable insights into material innovation, quality assurance processes, and advancements in sustainable manufacturing practices. It also reinforced DAW's role in bringing high-performance PRC solutions to the UAE's infrastructure sector.
As a key player in the UAE construction industry, DAW showcased how PRC (Polymer Resin Concrete) technologies — known for their extended service life, corrosion resistance, and environmental efficiency — are transforming the standards of infrastructure development.
Ministry of Energy & Infrastructure stated:
'We are committed to integrating innovative, sustainable technologies into our infrastructure projects. Our engagement with advanced materials like PRC reflects our strategic focus o building resilient, future-ready assets that meet the UAE's long-term development vision'.
Tarek Musbah Abdulrahman, General Manager of Dar Alwd Construction (DAW), added: 'At Dar Alwd Construction, we remain deeply committed to supporting the UAE's vision for sustainable infrastructure by delivering innovative, high-performance solutions. We are proud to contribute our expertise toward building resilient, future-ready developments that align with the nation's growth objectives'.
During the visit in the QGPC facility, the delegation reviewed advanced production processes, quality assurance protocols, and environmental initiatives, all of which align with the highest UAE regulatory and sustainability standards."
The collaboration between the Ministry of Energy & Infrastructure and Dar Alwd Construction reflects a shared vision of enhancing infrastructure resilience and operational excellence across the UAE and beyond.
About Dar Alwd Construction Company:
Dar Alwd Construction LLC (DAW) is an authorized and experienced provider of a comprehensive range of construction and infrastructure services, including road construction, urban infrastructure development, sewerage networks, culvert construction, and building projects. Established in Sharjah, UAE, in 2007, DAW has earned the prestigious status of an Unlimited A contractor. DAW's diverse multinational team brings extensive engineering expertise and has a proven track record of delivering projects to the highest quality control and safety standards. DAW remains committed to excellence, ensuring that each project is executed precisely and adheres to the industry's highest standards.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The National
an hour ago
- The National
Lebanon needs IMF for fiscal 'discipline' rather than $3bn loan, Carlos Ghosn says
Fugitive car tycoon Carlos Ghosn has said Lebanon needs the International Monetary Fund (IMF) to ensure fiscal discipline rather than to lend money, which can be easily sourced from Lebanese diaspora to fund rebuilding efforts. The IMF's $3 billion programme by itself will not save Lebanon but it would help restore investors' confidence in the economy, Mr Ghosn said in an exclusive interview with CNN Business Arabic. 'We are going to the IMF to organise us [the Lebanese], not because of the $3 billion,' he said in Beirut. 'The $3 billion you can easily collect from the Lebanese living abroad … Why? because it is good business, not because of sentiment. Everything is so cheap in Lebanon,' he said referring to land, companies and asset prices. If investors were confident in the government's rebuilding efforts, they would buy assets now and sell them later for a bigger profit, he added. Lebanon has been grappling with deep financial crises, as successive governments' unrestrained borrowing sent the economy into a tailspin in 2019. Lebanon's economy, which plunged into the worst crisis in its history after the Covid-19 pandemic, suffered another blow after Israel bombed the country heavily during its fight against Hezbollah. The bombing campaign has severely damaged critical infrastructure and devastated residential neighbourhoods in several areas of the country. In April 2022, Lebanon reached a staff-level agreement with the IMF on a comprehensive economic reform programme supported by a 46-month extended fund facility, proposing access to about $3 billion. However, Lebanese authorities have been accused of dragging their feet on the required reforms. Lebanon's new government is committed to implementing vital reforms to lift the country out of its economic crisis, but such changes could take time, Minister of Economy and Trade Amer Bisat told The National in April. Mr Ghosn was speaking about Lebanon's economy during an interview in Beirut, where he has lived in exile for the last six years since his dramatic escape from Japan. The former Nissan chief executive, who is wanted by France and Japan over financial misconduct claims, last year said he remains 'blocked in Lebanon' due to an Interpol red notice issued after he fled Tokyo in a musical equipment case. Mr Ghosn has Lebanese, French and Brazilian nationality, and Lebanon does not extradite its citizens. 'Theft' not reform The former auto executive urged the private sector in Lebanon to help run government-owned projects, but stopped short of calling for the privatisation of state assets. 'I'm not talking about privatisation, because today prices are so cheap … If you privatised [projects] in Lebanon today it would be theft, you'd be robbing the government and the Lebanese people,' he said. Private companies should manage these projects, while the state continues to own them without interfering with their work, Mr Ghosn said. This will boost the quality of these entities and increase their value and profitability. 'This alone will help the country stand back up,' he said. Despite a $93 billion deposit hole in Lebanese banks since 2019, Mr Ghosn is cautiously optimistic about the banking system. 'Deposits will come back, but it will take a long time,' he said. Lebanese banks imposed arbitrary restrictions on their clients in 2019 after the state failed to honour its bond commitments and the economy went into a tailspin. Customers have been waiting to access their life savings, which have been stuck in banks for the past six years. Chinese EVs to dominate In the wide-ranging interview, the motors tycoon turned his trademark candour on China's automotive dominance, Nissan's decline, AI disruption and cryptocurrencies versus banks. Mr Ghosn traced China's rise back to 2006–2007, when Beijing turned the auto-making industry into a strategic national priority. 'It was clear that the Chinese will be a very important factor in the industry,' he said. 'Legacy players mocked Chinese cars back then. Today, BYD's market cap dwarfs Renault, Nissan and Mitsubishi.' The rapid rise to supremacy of China's electric vehicles is enabling Beijing to wage a successful economic contest with the US, analysts have said. China's BYD is locked in a supercharged competition in the electric vehicle market with Tesla Motors. China has transformed from 10 to 20 years ago and is now competing with US, German and Japanese car makers, Mr Ghosn said. 'The Chinese will become a major part in the car manufacturing industry from now and into the next 10 years, especially in EVs,' he said. Toyota, Mercedes and BMW are among the rivals who will endure and will face Chinese competition, he added. 'Companies who fear [competition] and hide in their own markets and ask the state to protect them and put tariffs, will disappear,' he said. 'It might take a year, two or three, but they will vanish.' The former Nissan executive highlighted the Japanese company's early EV lead with the Leaf model, which debuted in 2009, and Renault's Zoe model, which entered the market in 2012. 'Five per cent is strategy, 95 per cent is execution. Nissan lost because of poor management after I left,' Mr Ghosn said. Nissan's stock now trades at less than $2, compared to $15 during his tenure, even during global recessions, he said. He slammed current executives for 'empty promises and TV appearances', saying trust and vision are the only levers to restore market value.
The National
an hour ago
- The National
Carlos Ghosn: Lebanon needs IMF to teach it 'discipline'
The fund's $3 billion programme alone will not save Lebanon, ex-Nissan chief tells Abdallah Aljouid in an exclusive interview with CNN Business Arabic
Khaleej Times
2 hours ago
- Khaleej Times
You get a better lifestyle and safety in UAE, says Moldovan expat
Dubai-based CEO Elvira Jain has been in the UAE for 12 years and like most expatriates, says time flies in the Gulf. After a high-flying career as a fashion model, Moldovan-born Jain now runs a communications agency, Ellyse Management. During her career she has boasted collaborations with prestigious brands such as Gucci, Dior and Armani, and now, she's turning her hand to entrepreneurship in the Gulf's fashion capital. If you had to use one word to describe money what would it be? Opportunity. If you had to write a letter to money, what would you say? Due to money we can have the possibility of travelling and having better education and health. It's not the same everywhere but in Dubai you need resources to survive. How would you describe your relationship to money? I respect money. You need to use money smartly. I don't waste money and I calculate well. I do have an economics background, so I try not to overspend. Sometimes it is tricky, because I do like to spend, but I think money comes to people who also respect it and use it in the right direction. Also having a business and having created it by myself, I calculate everything and make projections and budget. How do you think this relationship was formed? When I was in school, aged 7-8, my parents used to pay me for every highest mark I used to get at school and I used to keep the money in a book, so I was really motivated to get better marks and more money. I was also one of the best in class. What good or bad lessons about money management did you learn from your mother? My mom sometimes tends to overspend and sometimes not spend much on unnecessary things so I try to also evaluate if it's worth to spend or not but sometimes is difficult. Who do you speak to about money matters and is it something you consider 'taboo'? I don't consider it a taboo. I can speak to my parents, my husband, and my kids . It cannot be a taboo since it is part of our daily life. Who has taught you the most about financial management? I learned a lot from my parents and from my husband. What do you think has been the most profound experience you've had so far in relation to money, good or bad, and what has it taught you since? When I used to travel as a model in different countries, they gave you a weekly allowance and you had to manage it. This taught me to spend only on what I really needed to. How do you think living in the UAE has changed your relationship with and perception of money? I can say that to live well you need money. The equation of money and income (in the UAE) is different compared to European countries. You get a better salary but then you also have to spend more on rent and monthly expenses. But of course, you get a different, better lifestyle and most of all, the UAE is the safest country to live in. If you could give your child or your younger self one piece of advice about money now what would that be and why? Spend only on what you really need because money comes to those who respect it. What do you value spending money on? It depends on what I need at that moment. I do like to pamper myself so there are also some spendings that we can't avoid as ladies. Do you long-term plan your finances, and if so, how? I like investing in real estate. What is your long-term goal or dream which is pegged to your finances? I wish to have a lot of properties in different parts of the world How much do you save each month? Since I'm a business owner, the income might vary, so savings are different. But I try to have a savings account and a different current account. How much do you plan to have by the time you are 65? I can't give a number because depreciation of money is real, so what might seem a lot now might be much less in the future. I try to think 100 times before investing so it's tough to say.
