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
QNBK 136 101,748
BRES 31.1 159,584
QNNS 86.8 6,277
CBQK 37.1 59,865
IQCD 98 84,392
QFLS 154 15,568
GISS 38.8 1,814,410
Recent News

New push to boost Thai trade
Bahraini businessmen yesterday convinced their Thai counterparts to organise a massive exhibition in the kingdom showcasing thousands of their products for the GCC market.

This came durin

Zain in push to grab leading role in digital lifestyle sector
Zain Bahrain is making a pitch to grab a leading role in the “digital lifestyle”, says the company’s marketing director Roland Loestcher.

Responsible for the company’s strategic and tacti

Over 13,600 businesses registered online till April
The Ministry of Commerce and Industry received as many as 13,640 online registrations during the period January to April of the current year. These e-registrations include 1,072 limited partnerships,

Oman-based projects win three awards in GCC
Oman-based projects were among the big winners at the recently concluded 2016 MEED Quality Awards for Projects, in association with Mashreq.

Oman won three awards, along with the UAE, seco

Relaxation of margin trading rules to enhance traded volumes
A recent move to further relax secured financing or margin trading is expected to enhance traded volumes on the Muscat bourse.

The market watchdog Capital Market Authority (CMA) has extend

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?