Latest news with #AtlasCopco
Mid East Info
11-03-2025
- Business
- Mid East Info
Azizi Developments Partners with Atlas Copco for Advanced Air Compressors - Middle East Business News and Information
Dubai, United Arab Emirates, March 2025: Azizi Developments, a leading private developer in the UAE, has announced its collaboration with Atlas Copco, a renowned Swedish manufacturer of innovative air compressor systems. Supplied by Arwani Trading, UAE, Atlas Copco will provide state-of-the-art air compressors for Azizi's megaproject Riviera in MBR City and its mixed-use development, Azizi Venice, in Dubai South. With over 150 years of expertise, Atlas Copco is celebrated for its energy-efficient compressors, vacuum solutions, and air treatment units. Internationally recognized, the brand continuously sets industry benchmarks in performance and reliability. Mr. Farhad Azizi, Group CEO of the Azizi Group of companies, said: 'We are pleased to partner with Atlas Copco, a brand synonymous with technological excellence. Their offerings will be key in optimizing operations at Azizi Venice and Riviera, reinforcing our dedication to delivering developments of the highest standards. This partnership is a testament to our commitment to integrating top-quality components for enhanced efficiency and long-term sustainability.' Riviera is part of Azizi Developments' award-winning portfolio. It is a stylish waterfront lifestyle destination that comprises 75 mid- and high-rise buildings with approximately 16,000 residences. Designed to introduce the French-Mediterranean lifestyle to Dubai, which is not merely about architectural art but also about a certain 'joie de vivre' — a celebration of life, an exultation of spirit, Riviera represents a new landmark destination that is both residential and commercial, with an abundance of retail space. Riviera features three districts: an extensive retail boulevard, a lagoon walk on the shores of its 2.7 km-long swimmable crystal lagoon with artisan eateries and boutiques, and Les Jardins — a vast, lush-green social space. Azizi Venice will comprise more than 36,000 residential units across 100+ apartment complexes and over 109 ultra-luxury mansions. Azizi Developments is taking on the role of master developer, in charge of constructing the buildings, roads, and all the infrastructure. Azizi Venice is centered around a vast, crystal-blue lagoon that encircles its condominiums, villas, and mansions, providing a picturesque setting for leisure, retail, and commercial spaces. The turquoise, desalinated waters are bordered by sandy beaches, an 8 km-long cycling and jogging track, yoga and sports facilities, and a vibrant promenade featuring a variety of artisan eateries and boutiques. The area is enhanced by leafy, dense, and beautifully manicured greenery, creating a serene and inviting atmosphere throughout. A major attraction to be developed within Azizi Venice is The Cultural District in Dubai South, which will incorporate a collection of iconic facilities, including an opera house, theatre, exhibition hall, and performing arts academy. Built to mirror Dubai's dynamic and diverse cultural scene, the project is poised to attract creatives from around the globe. Seamlessly merging art and culture, the upcoming district will be a lively hub, enhancing the lives of Dubai South residents and visitors through a range of engaging activities and experiences. Dubai South's stunning array of venues is set to elevate the emirate's arts landscape. At its core is a 2,500-seat opera house showcasing an innovative, futuristic structure by Zaha Hadid Architects with advanced acoustic and visual technology to guarantee an unparalleled artistic experience. A more intimate 400-seat theatre provides a versatile space for drama, comedy, art workshops, and smaller performances. Further enriching the district's offerings is a spacious exhibition hall that can accommodate up to 2,000 people. Intended to present a range of local and international exhibitions, this flexible area is ideal for everything from paintings and sculptures to cutting-edge digital art. Recognizing the importance of nurturing future talent, the district will also house a dedicated performing arts academy, which will play a vital role in refining the skills of the next generation of artists ready to leave their mark on the UAE's exciting cultural scene. This opulent development will also integrate a pedestrian-friendly space that remains open-air in the winter and transforms into a glass-covered, temperature-controlled area during the summer, ensuring year-round comfort. Lined with three-storey buildings, it will host leading global retailers, nightlife, entertainment options, and a broad selection of international culinary options, establishing itself as a unique destination on Dubai's map of outstanding sights. A prime tourist attraction and high-end local hotspot, Azizi Venice is set to welcome over 30,000 visitors each day. It will feature two Azizi-owned and operated five-star hotels at its main entrances, along with a boutique hotel situated on an island in the center of the lagoon. An ample number of underground parking spaces will be built to ensure convenient access to Azizi Boulevard and Azizi Opera for all guests. Azizi Venice will have its own full-service hospital, kindergarten, schools for grades 1 to high school, and a 4 km-long aesthetically designed and landscaped main road that will be flanked by additional dining and shopping options. Moreover, the development will have a strong focus on children, with a wide range of amenities specifically for them, and numerous safe areas where they can roam and play freely. The site will boast several stunning lighting features on building façades and beyond, as well as musical and dancing water fountains that will add a festive night-time feel to the lagoon, the boulevard, and the opera. Further to this, Azizi Boulevard and the neighborhood as a whole will be extravagantly decorated in theme for each season, holiday, and festivity of the year, adding to its popularity as one of the most interesting points of interest in the UAE. About Azizi Developments: Azizi Developments is a leading developer based in Dubai, UAE. With more than 40,000 homes successfully delivered to local and international investors and end users of over 100 nationalities, the developer prides itself on its extensive portfolio of modern luxury developments across Dubai's most sought-after residential and commercial destinations, its construction-driven approach, and its commitment to transparency and customer centricity. Azizi's residential and commercial properties are investor friendly, catering to all lifestyles. The developer makes it its international mission to develop lifestyles and enrich the lives of its residents with a focus on catalyzing the vision and development of the markets that it operates in. Azizi currently has around 150,000 units under construction that are projected to be delivered by 2027, worth several billion US dollars. The company is renowned for developing the world's second tallest skyscraper and an AED 2.5 billion opera, which is its gift to the city, as part of its cultural district at Azizi Venice. Azizi has a strong track record and sizeable project pipeline through its extensive land bank and strategic partnerships with Dubai's key master developers and is instrumental in developing world-class properties in MBR City, Palm Jumeirah, Sheikh Zayed Road, Dubai Healthcare City, Dubai South, City of Arabia, Al Furjan, Studio City, Sports City and Downtown Jebel Ali.
Zawya
11-03-2025
- Business
- Zawya
Azizi Developments partners with Atlas Copco for advanced air compressors
Dubai, United Arab Emirates: Azizi Developments, a leading private developer in the UAE, has announced its collaboration with Atlas Copco, a renowned Swedish manufacturer of innovative air compressor systems. Supplied by Arwani Trading, UAE, Atlas Copco will provide state-of-the-art air compressors for Azizi's megaproject Riviera in MBR City and its mixed-use development, Azizi Venice, in Dubai South. With over 150 years of expertise, Atlas Copco is celebrated for its energy-efficient compressors, vacuum solutions, and air treatment units. Internationally recognized, the brand continuously sets industry benchmarks in performance and reliability. Mr. Farhad Azizi, Group CEO of the Azizi Group of companies, said: 'We are pleased to partner with Atlas Copco, a brand synonymous with technological excellence. Their offerings will be key in optimizing operations at Azizi Venice and Riviera, reinforcing our dedication to delivering developments of the highest standards. This partnership is a testament to our commitment to integrating top-quality components for enhanced efficiency and long-term sustainability.' Riviera is part of Azizi Developments' award-winning portfolio. It is a stylish waterfront lifestyle destination that comprises 75 mid- and high-rise buildings with approximately 16,000 residences. Designed to introduce the French-Mediterranean lifestyle to Dubai, which is not merely about architectural art but also about a certain 'joie de vivre' — a celebration of life, an exultation of spirit, Riviera represents a new landmark destination that is both residential and commercial, with an abundance of retail space. Riviera features three districts: an extensive retail boulevard, a lagoon walk on the shores of its 2.7 km-long swimmable crystal lagoon with artisan eateries and boutiques, and Les Jardins — a vast, lush-green social space. Azizi Venice will comprise more than 36,000 residential units across 100+ apartment complexes and over 109 ultra-luxury mansions. Azizi Developments is taking on the role of master developer, in charge of constructing the buildings, roads, and all the infrastructure. Azizi Venice is centered around a vast, crystal-blue lagoon that encircles its condominiums, villas, and mansions, providing a picturesque setting for leisure, retail, and commercial spaces. The turquoise, desalinated waters are bordered by sandy beaches, an 8 km-long cycling and jogging track, yoga and sports facilities, and a vibrant promenade featuring a variety of artisan eateries and boutiques. The area is enhanced by leafy, dense, and beautifully manicured greenery, creating a serene and inviting atmosphere throughout. A major attraction to be developed within Azizi Venice is The Cultural District in Dubai South, which will incorporate a collection of iconic facilities, including an opera house, theatre, exhibition hall, and performing arts academy. Built to mirror Dubai's dynamic and diverse cultural scene, the project is poised to attract creatives from around the globe. Seamlessly merging art and culture, the upcoming district will be a lively hub, enhancing the lives of Dubai South residents and visitors through a range of engaging activities and experiences. Dubai South's stunning array of venues is set to elevate the emirate's arts landscape. At its core is a 2,500-seat opera house showcasing an innovative, futuristic structure by Zaha Hadid Architects with advanced acoustic and visual technology to guarantee an unparalleled artistic experience. A more intimate 400-seat theatre provides a versatile space for drama, comedy, art workshops, and smaller performances. Further enriching the district's offerings is a spacious exhibition hall that can accommodate up to 2,000 people. Intended to present a range of local and international exhibitions, this flexible area is ideal for everything from paintings and sculptures to cutting-edge digital art. Recognizing the importance of nurturing future talent, the district will also house a dedicated performing arts academy, which will play a vital role in refining the skills of the next generation of artists ready to leave their mark on the UAE's exciting cultural scene. This opulent development will also integrate a pedestrian-friendly space that remains open-air in the winter and transforms into a glass-covered, temperature-controlled area during the summer, ensuring year-round comfort. Lined with three-storey buildings, it will host leading global retailers, nightlife, entertainment options, and a broad selection of international culinary options, establishing itself as a unique destination on Dubai's map of outstanding sights. A prime tourist attraction and high-end local hotspot, Azizi Venice is set to welcome over 30,000 visitors each day. It will feature two Azizi-owned and operated five-star hotels at its main entrances, along with a boutique hotel situated on an island in the center of the lagoon. An ample number of underground parking spaces will be built to ensure convenient access to Azizi Boulevard and Azizi Opera for all guests. Azizi Venice will have its own full-service hospital, kindergarten, schools for grades 1 to high school, and a 4 km-long aesthetically designed and landscaped main road that will be flanked by additional dining and shopping options. Moreover, the development will have a strong focus on children, with a wide range of amenities specifically for them, and numerous safe areas where they can roam and play freely. The site will boast several stunning lighting features on building façades and beyond, as well as musical and dancing water fountains that will add a festive night-time feel to the lagoon, the boulevard, and the opera. Further to this, Azizi Boulevard and the neighborhood as a whole will be extravagantly decorated in theme for each season, holiday, and festivity of the year, adding to its popularity as one of the most interesting points of interest in the UAE. About Azizi Developments Azizi Developments is a leading developer based in Dubai, UAE. With more than 40,000 homes successfully delivered to local and international investors and end users of over 100 nationalities, the developer prides itself on its extensive portfolio of modern luxury developments across Dubai's most sought-after residential and commercial destinations, its construction-driven approach, and its commitment to transparency and customer centricity. Azizi's residential and commercial properties are investor friendly, catering to all lifestyles. The developer makes it its international mission to develop lifestyles and enrich the lives of its residents with a focus on catalyzing the vision and development of the markets that it operates in. Azizi currently has around 150,000 units under construction that are projected to be delivered by 2027, worth several billion US dollars. The company is renowned for developing the world's second tallest skyscraper and an AED 2.5 billion opera, which is its gift to the city, as part of its cultural district at Azizi Venice. Azizi has a strong track record and sizeable project pipeline through its extensive land bank and strategic partnerships with Dubai's key master developers and is instrumental in developing world-class properties in MBR City, Palm Jumeirah, Sheikh Zayed Road, Dubai Healthcare City, Dubai South, City of Arabia, Al Furjan, Studio City, Sports City and Downtown Jebel Ali. For further information about Azizi Developments, please contact: Tizian H. G. Raab Chief Communications Officer Email: tizian@
Khaleej Times
18-02-2025
- Business
- Khaleej Times
UAE: Galadari Energy Solutions launches battery-powered air compressor
Galadari Energy Solutions has launched a new battery-powered air compressor in the UAE, the first-of-its-kind in the Middle East region. Named B-Air, the compressor has been manufactured by Swedish firm Atlas Copco. Galadari Energy Solutions is the official distributor of Atlas Copco in the UAE. In line with the UAE government's vision to promote eco-friendly products in the country, the environment-friendly B-Air reduces carbon emissions. 'We are launching a battery-powered air compressor which companies can take to their sites and run it without any electric connections. This unit is environment-friendly as there is no smoke and the noise level is very low. Customers can just charge it in their workshop and send it to the site to operate for up to 10 hours,' said Billal A. Razaq Hazza, general manager of Galadari Energy Solutions — a subsidiary of Galadari Brothers. He added that B-Air can be used in construction, energy, industrial equipment and other key sectors. Previously, old compressors were powered by diesel. Last year, Galadari Energy Solutions introduced Atlas Copco's electric air compressor — E-Air. 'It is the first battery-powered in the Middle East. No other manufacturer has introduced such a product in the region,' said Hazza. He elaborated that there might be new regulations coming up in the UAE to support the environment and sustainability, therefore, this kind of product will be the need of the hour. 'There are some communities that don't allow the use of diesel engines. In 3-4 years, this will be a trend and there will be a lot of demand for this product,' he said, adding that this an affordable product because there will be no maintenance cost or diesel to operate it. Importantly, the B-Air has been developed taking into consideration the extreme temperatures in the country and region. The product will go on sale in the UAE from April 2025, added Hazza. Jamil Ireifej, regional business line manager – APE at Atlas Copco, said the company has a strong focus on innovation and sustainability. 'We have set very serious objectives to revolutionise the industry to make it more sustainable. Therefore, we are investing a lot in research and development and this is the first battery-driven compressor ever produced. Weuae are happy to introduce and launch it in the UAE – which cares about sustainability and the environment,' said Ireifej. The product was previously launched in Europe and US where it saw a strong interest from customers. 'After UAE, we are planning to launch in Riyadh and Dammam in Saudi Arabia and then in Qatar, Oman and Egypt. In Europe, B-Air received success and there is a good demand and interest here in the UAE as well,' he added.
Reuters
28-01-2025
- Business
- Reuters
Atlas Copco's operating profit tops forecasts in Q4
Jan 28 (Reuters) - Swedish industrial group Atlas Copco ( opens new tab on Tuesday reported a fourth-quarter adjusted operating profit above market estimates and said it expected customer activity to remain at current level in the short term. The company's shares rose 2.4% by 1125 GMT following the results publication, having been broadly flat ahead of it. The maker of air treatment systems, construction gear and power tools said its operating profit before items affecting comparability rose to 10 billion Swedish crowns ($909 million) from 9.96 billion a year earlier. That beat analysts' mean forecast of 9.67 billion crowns, based on LSEG's IBES data. The market has been awaiting a recovery in the semiconductor space, as it could help Atlas Copco's vacuum business which delivers assembly components for major semiconductor equipment makers like ASML ( opens new tab. ($1 = 11.0005 Swedish crowns)
