The Big 5 Saudi explores what it takes to build a home of Vision 2030 design

Updated 11 March 2018
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The Big 5 Saudi explores what it takes to build a home of Vision 2030 design

Demand for new housing and enhanced urban living will peak in Saudi Arabia as Vision 2030 pushes to raise real estate’s contribution to the GDP from five percent to 10 percent. The Big 5 Saudi, which ran from Monday to Thursday, showed innovation in building design and the construction technology needed to accelerate urban growth.
“Housing development in 2018 will show an increase of 30-40 percent compared with last year and the total projected residential projects will reach more than 250,000 square meters. This number will incrementally grow over the next five years on a 25-40 percent rate annually,” said Mohammed S. Al-Surf, regional manager of market development at the Green Building Certification Institute.
Speaking at The Big 5 Saudi, Al-Surf updated visitors on the current urban market and explored how green building incorporates factors of energy reduction and healthy living.
Aside from the education on offer at Jeddah Center for Forums & Events, The Big 5 Saudi showcased the latest solutions and materials in construction from 400 local and international exhibitors.
“Fully aligned and in full support of the Kingdom’s Vision 2030, we believe that The Big 5 Saudi is of great advantage to introduce our products to the potential Saudi Arabian market,” said Omar Khayal, business development manager at special solutions exhibitor RIVA GmbH Engineering.
The RIVA Umbrella promotes usage of promenades and parks by providing shade. Solar powered, it can be controlled via cell phone for custom results.
Other brands to bring residents outdoors are Beka Sport with their artificial floor solutions to create activities such as outdoor chess and city golf, and Eibi with their durable playground equipment.
Filling the gap between outside and inside the home, exhibitor Edgetech showed their Super Spacer at The Big 5 Saudi and discussed how preventing thermal bridges is the key to an energy-efficient room.
Looking to advance the quality and health of home life, GROHE’s award-winning Sensia Arena is an innovative merging of both toilet and bidet that brings a new level of cleaning options to the WC unit.
“The Big 5 Saudi has become one of the most important construction events for the region and the industry as a whole,” said Antoine Khalife, vice president, GROHE Levant and Saudi Arabia.


Gaming giant Tencent Games picks Dubai for MENA headquarters

Updated 26 June 2019
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Gaming giant Tencent Games picks Dubai for MENA headquarters

DUBAI: China’s Tencent Games has chosen Dubai as regional headquarters for its Middle East and North Africa operations, with Dubai Internet City housing the gaming giant’s office.

Tencent Games was launched in 2003 and has since grown into a global platform for game development, publishing and operation. Its ownership stakes and alliances with many major video game companies includes Fornite, Ubisoft, Activision-Blizzard, Riot Games, Supercell and Take-Two Interactive Software.

The opening of Tencent Games’ regional headquarter is an indication of increased activities in the local and regional games industry which covers digital entertainment, education and cultural experiences, a statement said.

According to market research firm Newzoo, the revenue of the UAE games sector is estimated at $324 million (1.2 billion dirhams) in 2019. Furthermore, over 80 percent of smartphone users in the UAE play mobile games, it said.

The UAE has the highest mobile penetration rate in the world at 173 per cent – nearly double the country’s population, according to a report by Statista released in late 2018. This is a considerable figure and represents a wealth of opportunities for game developers, with revenues from mobile games representing more than half the income generated in the entire industry.

“Gaming moves beyond entertainment and is increasingly used to engage and educate, and as more gamers and creative enthusiasts enter the industry, we can certainly expect the market to develop rapidly in the coming years,” Ammar Al-Malik, managing director of Dubai Internet City and Dubai Outsource City said.

Vincent Wang, general manager of the Global Publishing Department at Tencent Games, said: “The UAE’s high mobile and internet penetration is an extremely encouraging indicator for tech firms across the world, and is especially relevant to the global games industry.”