Etisalat FM picks partner for UAE project


27/12/2012 10:38 AST

Etisalat Facilities Management, an independent unit of UAE's top telecom services provider Etisalat, said it has signed up Wojood Facilities Management, one of the sister companies of the Dh3.2 billion ($871 million) Dubai-based Al Barari project, as its strategic partner.

Al Barari is an eco-friendly sustainable mixed-use development located in the prestigious Nad al Sheba district in the emirate. It extends over an area of 14.2 million sq ft, of which 80 per cent is open green gardens comprising 189 luxury villas.

As per the deal, Etisalat FM will utilize the human resources and workforce of Wojood to provide best global support services, and also expand the scope of its work in Dubai, said its GM Mustafa Al Ateeq after signing the deal with Wojood Facilities Management CEO Mohammed Bin Zaal in Dubai.

Etisalat FM officials Amer Al Mansouri, the executive director of HR and Administration and Ali Hasan Al Harmoodi, executive director of Design and Consultancy were also present at the signing ceremony.

Under the two-year agreement, Etisalat FM will provide technical support to the Barari project including: maintenance and management of private villas facilities, retail facilities, tennis courts and restaurant.

The deal, which is effective from January 1, will cover about 189 villas. It will also provide mechanical and electrical maintenance, plumbing, AC and swimming pool maintenance besides home automation system maintenance and minor civil and carpentry works for the Barari project.

Commenting on the partnership, Mohammed Bin Zaal said, “We are pleased to be selected as a strategic partner for Etisalat FM as this reflects the great appreciation and deep trust that Wojood has in the country.”

Etisalat FM, he said, will be sending a work team to Wojood FM offices located in the Barari project to provide the best service to its residents, investors and businesses.

Mustafa Al Ateeq said, "This agreement with Wojood comes as a result of our continuous efforts to expand and enhance our operations in the country, as we have developed and updated a number of different projects in the real estate sectors."

Trade Arabia
Emirates Telecommunication Corp. - ETISALAT
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | News Archive
Most Viewed Companies
Ticker Price Volume
QFBQ 13.75 3,563,569
GFH 0.24 25,000
SABIC 84.99 6,083,555
RIBL 11.14 2,042,403
ALMARAI 56.13 332,819
TAWUNIYA 84.75 162,015
FGB 12.95 2,303,009
Recent News

Companies promoting innovative concepts
A number of new products, technologies and solutions are being showcased at this year’s gulfBID, the leading event for the construction and building materials, services and contracting sectors.

Bahrain to host Mideast asset management forum
The Middle East Asset Management Forum (MEAMF 2016) hosted by Bahrain next month aims to tackle the most pressing questions that will drive the ongoing progress of the asset management industry acros

UAE property prices may drop further in 2016 amid weak market conditio
For the coming year, we see no sign of market improvement for the UAE real estate sector, despite housing affordability improving from the current price environment. Pressures have arisen from declin

Tender floated for raising water capacity in the long run
State-owned Oman Power and Water Procurement Company (OPWP) on Wednesday floated a tender seeking an international consultant to provide advisory services for enhancing water production capacity from

QSE expects more listings on main market, junior bourse
The Qatar Stock Exchange (QSE) is expecting more listings on its main market and said its junior bourse, ‘Venture Market,’ is slated to see listings from small and medium enterprises (SMEs) within th

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?