Latest news with #ParkTowers
Zawya
11-03-2025
- Business
- Zawya
Qatar's QMIC eyes Q1 2025 opening of Corniche Park Towers
Qatar - Qatar Industrial Manufacturing Company (QIMC) is eyeing to open the Corniche Park Towers, one of its ambitious real estate projects, in the first quarter of the year, according to a top official. '[The] Corniche Park Towers, which, according to specialists, is a new architectural masterpiece that will adorn the Doha Skyline,' QMIC chairman Sheikh AbdulRahman Mohammed Jabor al-Thani told shareholders during the company's Annual General Assembly held recently in Doha. The Corniche Park Towers is part of the company's strategy to diversify investments and add quality to QIMC's investment portfolio, stated Sheikh AbdulRahman, who explained that 'the towers will provide an exceptional living and working experience by combining elegant design and contemporary architecture for luxury offices and apartments with excellent facilities, making it an ideal destination for housing and investment. Work is underway to open it in the first quarter of 2025.' During the meeting, Sheikh AbdulRahman also announced the start of production at QIMC's Gulf Glass Factory, the company's latest project in its industrial products portfolio. He noted that the factory is part of the company's objectives to enhance local production and meet the growing demand for industrial products. 'The facility for producing high-quality glass containers will contribute to meeting the needs of the local and regional markets and enhancing the growth of the manufacturing sector in Qatar,' he pointed out. Work is also underway at one of QIMC's subsidiaries, Qatar Wood and Plastic Products Company, for future expansion to meet the industrial needs of the country, according to Sheikh AbdulRahman. Other subsidiaries, Qatar Sand Treatment Plant and Qatar Paving Stones continue to supply the Qatari market with high-quality washed sand and paving stones, while the Gasal Industrial Gases Company in both Mesaieed Industrial City and Ras Laffan Industrial City continues to supply the market's industrial projects, 'achieving excellent financial results consistently,' noted Sheikh AbdulRahman, who added that the 'efforts of the remaining companies continue in attracting and reaching new markets across the globe.' Sheikh AbdulRahman also told shareholders: 'I am pleased to review the performance of QIMC for the year 2024. It was a year full of challenges that we faced with continuous development and adaptation to market challenges, to achieve the expected returns and enhance the company's position in the industrial sector within the country. 'We are proud of our investment in 21 industrial projects in the State of Qatar, which constitutes the core of our long-term strategic plan. These projects vary in multiple industrial fields, contributing to enhancing our production capabilities and expanding our presence in various sectors.' © Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. (
Arabian Business
09-02-2025
- Business
- Arabian Business
Dubai real estate: Developer launches Avenue Park Towers in Wasl 1
Wasl is launching Avenue Park Towers within the Wasl 1 development, near Zabeel Park in Dubai. Offering a balance of city and park living, and a strategic mix of residential, retail, and commercial spaces, Avenue Park Towers will appeal to both investors and end-users. Its proximity to Zabeel Park, ensures access to green spaces within an urban setting. Home owners and investors can enjoy an address in a prime location, with seamless connectivity to Sheikh Zayed Road, DIFC, Dubai Metro, and other key landmarks. Avenue Park Towers in Dubai The one to three-bedroom luxury apartments and duplexes, and three and four-bedroom penthouse-level residences at Avenue Park Towers will all be integrated with high-end finishes and modern design. Mohamed Al Bahar, Director of Business Development, Wasl, said: 'With Avenue Park Towers, Wasl continues its commitment to delivering premium residences that combine luxury, convenience, and a connection to nature. 'This project is a unique opportunity for residents and investors looking for a vibrant yet tranquil living experience in the heart of Dubai. 'At Wasl, we are continuously looking for ways to address buyer demand, especially the growing interest in sustainable and green urban living, in line with Dubai's 2040 Urban Master Plan. 'Dubai's real estate market insights highlight the demand for luxury mixed-use developments at an affordable price point. Avenue Park Towers will address the gap, as well as support growing foreign investor demand for spaces that prioritize residents' well-being and foster community engagement. All units will come equipped with the latest technology, including district cooling systems for energy efficiency, advanced security and access control, EV charging stations and e-bike facilities.
Zawya
09-02-2025
- Business
- Zawya
Wasl sets new standard in urban luxury living with the launch of Avenue Park Towers at Wasl 1
Project aligns with Dubai 2040 Urban Master Plan for sustainable urban living Supports the growing demand for luxury yet affordable high-rise living Dubai: Wasl, one of the largest real estate management and development companies in the UAE, is launching Avenue Park Towers – a highly-anticipated luxury residential project – within the Wasl 1 development, near Zabeel Park. Offering a unique balance of city and park living, and a strategic mix of residential, retail, and commercial spaces, Avenue Park Towers will appeal to both investors and end-users. Its proximity to Zabeel Park, ensures access to green spaces within an urban setting. Home owners and investors can enjoy an address in a prime location, with seamless connectivity to Sheikh Zayed Road, DIFC, Dubai Metro, and other key landmarks. The 1–3-bedroom luxury apartments and duplexes, and 3–4-bedroom penthouse-level residences at Avenue Park Towers will all be integrated with high-end finishes and modern design. Mohamed Al Bahar, Director of Business Development, Wasl, said: 'With Avenue Park Towers, Wasl continues its commitment to delivering premium residences that combine luxury, convenience, and a connection to nature. This project is a unique opportunity for residents and investors looking for a vibrant yet tranquil living experience in the heart of Dubai'. He added: 'At Wasl, we are continuously looking for ways to address buyer demand, especially the growing interest in sustainable and green urban living, in line with Dubai's 2040 Urban Master Plan. Dubai's real estate market insights highlight the demand for luxury mixed-use developments at an affordable price point. Avenue Park Towers will address the gap, as well as support growing foreign investor demand for spaces that prioritize residents' well-being and foster community engagement. All units will come equipped with the latest technology, including district cooling systems for energy efficiency, advanced security and access control, EV charging stations and e-bike facilities. With access to premium retail, F&B, and wellness facilities, Avenue Park Towers is a promising investment opportunity with high ROI potential.
