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Zawya
15-04-2025
- Business
- Zawya
Majid Al Futtaim unveils Junction: A landmark business and lifestyle hub in West Cairo
Cairo, Egypt – Majid Al Futtaim, a leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, today announced the official launch of Junction, its first-ever business park in Egypt. Strategically located next to the Mall of Egypt, Junction is a cutting-edge, eco-conscious development that integrates smart technology with premium amenities to attract a diverse range of businesses. The launch of this latest development plays a pivotal role in Majid Al Futtaim's refounding journey and marks a bold step in expanding its commercial footprint, reinforcing the company's long-term commitment to Egypt's economic growth and urban development. Bringing together the premium business and lifestyle offerings, Junction spans over more than 129,000 sqm across two interconnected plots. The development features 13 cutting-edge office buildings, a curated retail and F&B experience, and sustainable infrastructure designed to achieve LEED Gold Certification. As a flagship development within Majid Al Futtaim's extensive investment portfolio in Egypt, Junction represents a dedicated investment of EGP 15 billion into West Cairo's commercial landscape. With more than 8,000 of direct and indirect roles created, Junction contributes significantly to Egypt's ongoing economic growth and urban evolution. 'Junction marks a pivotal step in our continued commitment to shaping vibrant, future-ready communities across Egypt,' commented Ahmed El Shamy, Chief Executive Officer of Majid Al Futtaim Properties. In this project, we are not just developing office spaces, we are building an integrated ecosystem that fosters innovation, attracts visionary talent, and sets a new standard for mixed-use business destinations in the region. As Egypt's market continues to show strong growth and demand for world-class infrastructure, Junction is our response: a sustainable, forward-thinking environment designed to support long-term economic vitality and environmental stewardship.' Designed with flexibility and future-readiness at its core, the business park encompasses 97,000 sqm of state-of-the-art space, offering contemporary architecture, cascading terraces, double-height lobbies, and shaded promenades that prioritize climate-conscious design. Tenants and visitors will benefit from more than 1,700 parking spaces, 40 vibrant retail outlets, 15 distinctive F&B destinations, and seamless pedestrian access to the Mall of Egypt delivering a perfectly integrated experience where productivity, connectivity, and lifestyle converge. With a proven track record in delivering transformative business parks across Oman and Lebanon, Majid Al Futtaim brings trusted regional expertise to Egypt's rapidly evolving commercial landscape. Junction is more than a workplace, it's a catalyst for a thriving, future-focused business community.
Gulf Business
21-03-2025
- Business
- Gulf Business
Hamad International Airport unveils new concourses, expands capacity
Image: Hamad International Airport Hamad International Airport (DOH), ranked the World's Best Airport and Best Airport Shopping by Skytrax 2024, has officially inaugurated its highly anticipated Concourses D and E. The expansion increases the airport's annual passenger capacity to over 65 million, further cementing Doha's position as a key global aviation hub. The development marks a major milestone in the airport's long-term growth strategy, initiated in 2018 and culminating in this final phase. The expansion follows the 2022 unveiling of the ORCHARD, a 6,000-square-metre indoor tropical garden, and increases the terminal's total area to 842,000 square meters, a 14 per cent rise. The addition of 17 new aircraft contact gates brings the total to 62—nearly 40 per cent more than before — enhancing connectivity and reducing reliance on bus transfers. Strategic Expansion to Strengthen Qatar's aviation sector 'Hamad International Airport is more than a gateway; it is a vital pillar of Qatar's growth and global connectivity,' said Qatar Airways group CEO Engineer Badr Mohammed Al-Meer. 'Despite global delays in airport expansions, we have successfully delivered this project ahead of schedule. This expansion is not just about increasing capacity — it strengthens the Qatar Airways network, enhances operational resilience, and supports Qatar's economic growth in line with the Qatar National Vision 2030.' Hamad Ali Al Khater, Chief Operating Officer at Hamad International Airport, emphasised the operational benefits: 'The opening of Concourses D and E streamlines passenger flow, optimizes resource management, and enhances airline connectivity, ensuring smoother and more efficient services.' Enhancements at Hamad International Airport The newly inaugurated concourses introduce cutting-edge technology and expanded retail and dining options, enhancing passenger experience: 1. The new self-boarding technology speeds up the verification process, reducing wait times and improving passenger flow. 2. Qatar Duty Free has unveiled over 10 new retail and food and beverage outlets, adding 2,700 square metres of shopping space. 3. Increased gate capacity enables more international carriers to operate direct flights to key global destinations. Hamad International Airport continues to lead in sustainable aviation, with Concourses D and E designed to meet GSAS 4-Star Design & Build Certification and targeting LEED Gold Certification. Energy-efficient systems, innovative water management, and optimised thermal comfort strategies align with global sustainability goals. Accessibility remains a priority, with universal design principles ensuring a seamless experience for all travelers. Features such as hearing loops, barrier-free pathways, and dedicated assistance services underscore the airport's commitment to inclusivity. The unveiling of the new concourses marks the final stage of
Zawya
20-03-2025
- Business
- Zawya
Hamad International Airport unveils state-of-the-art concourses D and E
DOHA, Qatar/PRNewswire/ -- Hamad International Airport (DOH), ranked as the World's Best Airport and Airport Shopping by Skytrax 2024, has officially unveiled its highly anticipated Concourses D and E, marking a major milestone in its expansion and increasing its capacity to over 65 million passengers annually. The new concourses integrate seamlessly into the existing terminal, introducing cutting-edge technology and enhanced facilities to meet growing passenger demand. The terminal now spans 845,000 square metres - a 14% increase - while the addition of 17 new aircraft contact gates increases the total to 62, nearly 40% more than before, ensuring greater connectivity, streamlined operations, and significantly reducing bus transfers. Qatar Airways Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer, said:"Hamad International Airport is more than a gateway; it is a vital pillar of Qatar's growth and global connectivity. I am pleased to see this expansion project, with conclusion of both concourses going live, which I have personally been involved with since 2018. While many global airport expansions have faced delays, we are proud to have delivered this major development ahead of schedule. This achievement reflects our commitment to operational excellence and strategic planning. This is not just about increasing capacity - it is about strengthening the entire Qatar Airways network, enhancing operational resilience, and supporting Qatar's economic growth in line with the Qatar National Vision 2030. This development allows us to meet the evolving demands of global travel while reinforcing Qatar's position as a leading aviation hub." Hamad Ali Al Khater, Chief Operating Officer at Hamad International Airport, said: "Our focus is to deliver operational excellence that supports both current demands and future growth. The opening of Concourses D and E marks a significant milestone in expanding our capacity and enhancing operational efficiency. This combined development streamlines passenger flow, optimizes resource management, and strengthens airline connectivity, ensuring smoother and more efficient passenger services." The newly inaugurated Concourses D and E feature the following enhancements: Seamless Boarding Through Smart Technology: The new concourses feature cutting-edge self-boarding systems, streamlining the boarding process for a faster, more efficient journey. Enhanced Connectivity and Global Reach: The expansion of Hamad International Airport with Concourses D and E significantly strengthens connectivity for both passengers and airlines. Elevating Passenger Journey: Qatar Duty Free will add over 9 retail and F&B outlets, increasing retail space by 2,700 sqm and reinforcing the airport's status as a top global destination. A Commitment to Sustainability: The airport remains a leader in sustainable aviation, with Concourses D and E designed to meet GSAS 4-Star Design & Build Certification and aiming for LEED Gold Certification. Hamad International Airport, the gateway to Qatar and the world. For more information, visit Hamad International Airport's website and follow the airport's latest news on Hamad International Airport's social media channels: X: @HIAQatar, Facebook: HIAQatar, Instagram: @HIAQatar, YouTube: @HIAQatar, TikTok: HIAQatar SOURCE Hamad International Airport Peiwen Zou,
Yahoo
07-02-2025
- Business
- Yahoo
Two PMB Projects Named 2024 HREI Insights™ Award Winners
Healthcare Real Estate Insights™ magazine's national awards program honors multiple healthcare projects completed by PMB in 2024. SAN DIEGO, Feb. 7, 2025 /PRNewswire/ -- PMB's Providence Swedish Rehab Hospital and The Springs Living at Vancouver Waterfront seniors housing community have been named as Winners in Healthcare Real Estate Insights (HREI) magazine's annual, national awards program. "PMB is honored to win these prestigious awards which recognize the dedication and teamwork that went into these healthcare real estate projects," says Mark D. Toothacre, Managing Partner and CEO of PMB. "These two winning projects are addressing critical needs in their respective communities." The Springs Living at Vancouver Waterfront was named The Best Post-Acute & Senior Living Facilities Best New Ground-Up Development. The new twelve-story, 360,000 SF, 250-unit community for older adults is located at 1015 W Columbia Way, as part of the Waterfront Master Plan in Vancouver, Wash. Designed as an optimum environment for the health and well-being of residents and staff, the community has been designed with the intention of meeting the rigorous standards for LEED Gold Certification which rates systems for the design, construction, operation, and maintenance of green buildings, as well as FitWel Certification which uses evidence-based design and operational strategies to optimize occupant health. The Springs at The Waterfront provides a continuum of care options for its residents, including 182 independent living units, 48 assisted living units, and 20 memory care units. In addition, The Providence Swedish Rehabilitation Hospital was named the Best in Hospitals and Other Inpatient Facilities Best New Ground-Up Development. The new 2-story, 53,000 square-foot inpatient rehabilitation facility in Lynwood, Washington, is outfitted with patient centric amenities and adaptive units, including an 8-bed brain injury unit, a dialysis suite, and multidisciplinary therapy gymnasiums. A specialized suite, in addition to a therapy kitchen and laundry area, give patients the opportunity to work through activities of daily living, and a therapeutic courtyard is outfitted with exterior amenities designed to promote patient ambulation and activity. The rehabilitation hospital also includes private rooms for patient and family comfort, an acquired brain injury unit with private dining and therapy gym, large interdisciplinary gyms, a therapeutic courtyard with golf and varied surfaces, and a transitional living apartment to prepare patients for daily living tasks before they are discharged home. In addition, PMB's UChicago Medicine Northwest Indiana Expansion, a 131,000 square-foot development, was named a finalist in the New Medical Office Buildings and Other Outpatient Facilities (100,000 square feet or more). PMB's projects have been named finalists 18 times, ten of which won top project awards in the previous years of the HREI Insights Awards program including PMB's CEO and Managing Partner, Mark Toothacre, as Healthcare Real Estate Executive of the Year in 2020. The HREI Insights Awards are the only national awards dedicated to recognizing excellence in the areas of HRE development and executive leadership. The awards are presented by HREI, the first and only national magazine entirely devoted to covering HRE development, financing and investment. About PMBPMB is a purpose-driven healthcare real estate developer with a mission to improve healthcare delivery, effect change, and positively impact communities. Our company is 100 percent focused on healthcare real estate across the continuum of care including behavioral health, life sciences, ambulatory care centers, medical office buildings, inpatient hospitals, post-acute hospitals, senior living facilities, and parking structures. PMB has developed over 130 facilities to date representing approximately $6.5 billion dollars and 6.5 million square feet. The firm owns and manages over 70 medical facilities comprising over 5.5 million square feet. For more information, please visit our website at View original content to download multimedia: SOURCE PMB Sign in to access your portfolio
