Abdul Latif Jameel Land breaks ground on Dari Q

The residential project is located in the Al-Salama district of North Jeddah.
Updated 17 June 2019
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Abdul Latif Jameel Land breaks ground on Dari Q

Abdul Latif Jameel Land, a residential and commercial real estate developer in Saudi Arabia, has begun development on their second residential project Dari Q — a development of 158 premium apartments with integrated community amenities.
The project is located in the Al-Salama district of North Jeddah.
“Customer-centricity and community living, key pillars of the Abdul Latif Jameel Land development philosophy, lie at the heart of the property’s design. The project is launched under the same integrated lifestyle and community-focused approach of the award-winning J-ONE development,” the company said.
The residential development combines a variety of spacious apartments with a diverse range of amenities. Consisting of two buildings and broken into four quarters, the two-bedroom apartments have three floor plans, the three-bedroom properties have seven floor plans, and the four-bedroom homes have three floor plans — a total of 13 different floor plans on offer. The complex will also house retail outlets, rooftop gardens, a rooftop swimming pool, a gymnasium, an outdoor seating area, a multipurpose yard (with soccer, tennis, basketball and volleyball courts), a games room, a ballroom with seating for up to 90 guests, and a guest lounge.
Mohammed Abdul Latif Jameel, chairman and CEO of Abdul Latif Jameel, said: “Abdul Latif Jameel Land continues its pioneering approach to residential development with the launch of Dari Q. Building on the success of community-focused living in Jeddah’s J-ONE and Gallery N, we are proud to begin development of this third incredible residential property in Saudi Arabia. Dari Q is another proud step as we continue to support residential development and housing ownership goals identified in Saudi Vision 2030, and remain committed to offering community-focused solutions to residential demand in the market.”
The start of construction also marks the launch of individual properties on a pre-sales basis (off-plan sales), with the duration of the project expected to take 18 months.


Arabian Power Electronics factory starts operations

Updated 23 July 2019
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Arabian Power Electronics factory starts operations

The new plant of Arabian Power Electronics Company located in Dammam’s Industrial Area has started its operations following a soft-inauguration event on July 5.

The inaugural ceremony com- menced with the ribbon cut by Dr. Siddeek Ahmed, chairman and managing director, Eram Group.

Dr. Sattam Al-Omairy, director, APEC, did the ribbon cutting for the shop floor inauguration.

The meeting started with a wel- come address by Abdul Razack, group CEO, Eram Group.

Jacob Thomas, business unit head of APEC, spoke about the birth of APEC and how it grew to a market leader today in his open- ing remarks.

In his inaugural address, Dr. Sid- deek Ahmed, CMD, Eram Group, expressed his vision behind estab- lishing the first power electronic manufacturer of Saudi Arabia.

Saad Al-Shahrani, chairman, Saudi Council of Engineers, Rizwan Ahmed, director, Eram Group, Elio Maggi, executive board member, Eram Group, Mohd Al-Shallali, executive board member, Eram Group, Abdullah Al-Ajmi, corpo- rate affairs manager, APEC, also ad- dressed the event.

Madhu R. Krishnan, group direc- tor, Eram Group, offered a vote of thanks to all the well-wishers for their constant support to the com- pany during the past eight years.

Arabian Power Electronics Com- pany is a leading global power electronics manufacturer with world-wide operations and a production facility in Saudi Arabia.

APEC was established in 2011 as a flagship division of ERAM Group, one of the most diversified business conglomerates in the Middle East.

The company has gained wide ac- ceptance for the quality of products and services by serving more than 700 clients in the region and a total installed capacity over 12 MW of power backup systems.

The company has an operations and maintenance team capable of reaching clients across Saudi Arabia. The new facility will de- liver the most innovative technol- ogy, products and services as well as job opportunities to young Sau- di engineers. This will accelerate the company’s vision of becoming the pioneers of power electronics in the region.

As Vision 2030 demands the de- velopment of a more stable energy sector with localization of the tech- nology, APEC is close to achieving this through the process of trans- ferring power electronics technol- ogy to the Kingdom.

The facility is completely de- signed and constructed for the future. Its position and proximity to the upcoming King Salman En- ergy Park, which is going to be the epicenter of global Industries, will help turn the spotlight on APEC — the indigenous manufacturer.