Infographic: Branded Hotels in Saudi Arabia 2012

Global Markets is glad to announce infographics design as a new addition to our prime services. Infographics are intensive data and information sets offered to readers in an attractive presentation. Our first infographic is about branded hotels in the Kingdom of Saudi Arabia. The information focuses on the distribution and the availability of international brands and operators in the Kingdom. Continue reading “Infographic: Branded Hotels in Saudi Arabia 2012”

Project Intelligence Report: Emerald Gateway

Project Facts

Title

Emerald Gateway

Location

Abu Dhabi, UAE

Estimated Cost

USD 2.2 billion as announced in 2007

Start Date

2007

Finish Date

NA

Description

The development includes 88 Towers on both sides of a 3.5 kilometer segment of the Highway. The Emerald Gateway’ 88 towers are situated in two unique development districts; the Canal Park Neighborhood and the Recreational Park Neighborhood.

  1. The Canal District will feature 42 tower plots along the canal edge
  2. The Recreational Park Neighborhood sits along the southern edge of the site and will include 46 tower plots.

Project Stakeholders

Owner

Abu Dhabi Municipality (ADM)

Architectural Design

KEO International Consultants

Master Planning

KEO International Consultants

Landscape Design

Carol R Johnson Associates Landscape Architects (CRJA)

Infrastructure Engineering

KEO International Consultants

Transportation Engineering

KEO International Consultants

Traffic Studies

KEO International Consultants

Gallery

Downalod PDF File


Disclaimer

Reproduction of the contents of this publication is prohibited without gaining prior permission from Global Markets. The contents of this report is for information only and should not be relied upon as a substitute for professional advice, which should be sought from Global Markets prior to acting in reliance upon any such information. The opinions, estimates and information provided herein are made by Global Markets in its best judgment, in good faith and based as far as possible on sources deemed reliable. Notwithstanding, Global Markets do not provide warranty to the accuracy of, and disclaim any liability for errors and omissions made in respect of providing such information.

Company Intelligence Report: KEO International Consultants

Company Facts

Official Name                        

KEO International Consultants WLL

Previously known as

Kuwait Engineering Office (KEO)

Home base                             

Kuwait

Company Type

Privately Owned

Establishment

1964

Registered Capital

KWD 100,000

Website

http://keoic.com

Summary

KEO International Consultants, also known as Kuwait Engineering Office was established in Kuwait in 1964. KEO is a limited liability company owned mainly by Al Sultan family. The company is highly respected in different design and management practices worldwide while taking advance ranking on annual bases by respected speciality publications.

The company operates five different operations based on function:

  • KEO Strategy, Planning and Urban Development
  • KEO Design
  • KEO Infrastructure
  • KEO Project & Construction Management
  • KEO Contract and Quantity Surveying

The company also operates a total of 14 offices across Middle East while concentrating its focus on the United Arab Emirates with 4 offices compared to an average of one office in other countries.

Offices

Country

Cities

Kuwait

Kuwait City

UAE

Dubai, Abu Dhabi, Ajman

Jordan

Amman

Bahrain

Manama

Qatar

Doha

Malaysia

Kuala Lumpur

Libya

Tripoli

Oman

Muscat

Saudi Arabia

Riyadh

Rankings

Design Services

BD World Architecture 100 is an annual evaluation of the largest design and architectural firms in the total value of their income generated throughout the year. KEO International was at its prime when it was ranked 33rd worldwide but it slowly last the position and was downgraded to the 40th position in 2012. Engineering News-Record (ENR) however ranked KEO in the 86th slot due to different income fee evaluation from BD World.

Year

BD Rank

ENR Rank

2012

NA

86

2011

38

90

2010

33

87

2009

35

73

Income

According to BD World Architecture, KEO International generated total fee income of USD 100 to 109 million in 2012 compared to USD 100.4 in 2011. On the other hand, Engineering News-Record (ENR) estimated KEO’s fee income at USD 103.8 million in 2012 compared to USD 91 million in 2011 which made it the highest firm in the fee income in the Middle East. In 2012, according to BD World Architecture the firm generated a total fee income in the following sectors:

Sector

Fee Income

(USD million)

Rank

Infrastructure

10.6

2

Master planning

32.3

3

Residential

21.5

8

Construction Management

96.7

1

Urban Design

8

6

Planning

32.3

4

Project Management

32

3

Staff

According to Middle East Architect, KEO managed 2,190 staff and 240 architects in the GCC only in 2011. BD World estimate the total number of KEO architect staff to be 264 in 2012 compared to 288 in 2011.

Year

Architect Staff

2012

264

2011

288

2010

252

Services

Each subdivision of KEO operates as an independent entity specializing in different services.

KEO Planning and Landscape Architecture Division (PLAD)

  • Master and Urban Planning
  • Design Guidelines
  • Development Management
  • Feasibility Studies
  • Landscape Architecture

KEO Design

  • Architectural Design
  • Structural Engineering Design
  • Building Services Design (MEP)
  • Interior Design

KEO PM-CM

  • Program Management
  • Pre-Construction Services
  • Project Management
  • Construction Management
  • Construction Supervision
  • Contracts and Claims Services
  • Commissioning Services

KEO infrastructure

  • Water & Environment
  • Transportation
  • Power and Communications
  • Special Projects

KEO CQS

  • Contracts Services
  • Quantity Surveying Services

Sample Projects

Project

Location

Scope

Al Othman Complex

Kuwait

  • Design Consultant
  • Design Supervision
  • Project Management

United Towers

Kuwait

  • Construction Management

Coral Beach Resort

UAE

  • Design Consultant
  • Interior Design

Nation Tower

UAE

  • Design Consultant
  • Interior Design

Emerald Gateway

UAE

  • Master Planning
  • Landscape Design
  • Infrastructure Engineering
  • Transportation Engineering
  • Traffic Studies
  • Design Consultant
  • Program Management

PAAET Special Training Center

Kuwait

  • Infrastructure Design
  • Design Consultant
  •  Interior Design
  • Landscape Design
  • Structural Engineering Design
  • MEP Design
  • Signage & Graphic Design

Kuala Lumpur International Financial District (KLIFD)

Malaysia

  • Program Management

Radisson Blue Hotel Apartments

UAE

  • Design Consultant
  • Project Management

Injazzat Tower

Kuwait

  • Design Consultant

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Disclaimer

Reproduction of the contents of this publication is prohibited without gaining prior permission from Global Markets. The contents of this report is for information only and should not be relied upon as a substitute for professional advice, which should be sought from Global Markets prior to acting in reliance upon any such information. The opinions, estimates and information provided herein are made by Global Markets in its best judgment, in good faith and based as far as possible on sources deemed reliable. Notwithstanding, Global Markets do not provide warranty to the accuracy of, and disclaim any liability for errors and omissions made in respect of providing such information.

Global Markets is a specialized consultancy firm in Investment Planning, execution, and delivery. The people at Global Markets are the key to our success in delivering the needed tasks and information to our clients. We collaborate with our clients in challenging projects and locations and provide them the professional services and teams that are available in stable environments.

Chocolate Cereal Products in Kuwait

Market Review

The current cereal supply market is dominated by Kellogg’s and Nestle providing a wide range of product flavors and portions while dominating the biggest shelf share in retail and wholesale outlets. There are other smaller players such as Weetabix, Country Farm, General Mills, and Heaven Birds but they lack the shelf presence and variety in many outlets. The analysis divided competing supply in the market based on product composition which constitutes of cereal with chocolate filling and/or filling.  Direct competition to the proposed product has been introduced recently into the market by Kellogg’s with its Trésor brand which comes in two different flavors; milk chocolate and chocolate hazelnut. Indirect competition has been also considered in the analysis by covering chocolate cereal of all other shapes such rice toasted chocolate cereal, shells chocolate cereal, and coco pops. Continue reading “Chocolate Cereal Products in Kuwait”

Kuwait Telecom Market Snapshot 2011

Kuwait was the first of many countries in the MENA region to enter the wireless communication industry by establishing Mobile Telecommunications Company in 1983. MTC (currently named Zain) was mainly owned by the Kuwaiti Government with a 49% stake of the company, which was reduced to 25% in 2001. Wataniya Telecom was commercially launched in 1999 as the first privately owned operator in Kuwait, which is when the government allowed the establishment of a second operator. Viva, the third operator, initiated its operations in 2008.

Continue reading “Kuwait Telecom Market Snapshot 2011”

Kuwait Road Projects Snapshot 2009

Overview

Kuwait has a highly maintained roads and transportation system that has been developing rapidly over the years. The first Kuwait Master plan (1KMP) was developed in 1952 by the British firm Minoprio, Spencely and Macfarlane which laid the foundation for:

  1. Establishing the road network in Kuwait
  2. Reorganizing the old Kuwait City by dividing the city into different sectors such as investment, residential, commercial, government, utilities, and services.
  3. Designing the landscape areas in Kuwait by selecting the sites for park and recreational areas
  4. Designing the first ring road and highway systems in Kuwait

The plan has changed the face of the old Kuwaiti City by introducing new residential areas outside the old wall of Kuwait. The second master plan (2KMP) has been developed in 1977 by Colin Buchanan to develop the country’s infrastructure capacity to 2 million people by 2000. The 3rd Kuwaiti Master Plan (3KMP) was prepared by WS Atkins in 1997 which laid the grounds for Kuwait in 2015 with 3.5 million in population. The 1997 plan was revised in 2003-2004 by Colin Buchanan to develop Kuwaitis infrastructure plans up to 2030. The plan included all the transport and infrastructure requirements for Kuwait’s new roads, highways, and new residential cities.

The currently tendered projects fall under the last revision of 3KMP.The total square meter area of roads has increased by 5% in Kuwait in the past three years which is considered a positive development compared to the years before, Figure 3.

All road projects in Kuwait are handled by the Ministry of Public Works (MPW). The ministry supervises, monitors, and pays for all road projects required by the 3KMP or requested by the different organizations in Kuwait except for the Housing Authority of Kuwait. The Housing Authority handles its projects independently from the other government projects due to the massive amount of works, contractors, and areas they deal with for every single project. The Authority also tenders its projects independently from the Central Tendering Committee (CTC). Unlike the Housing Authority, the Ministry of Public Works tenders its projects via the Central Tendering Committee.

Figure 3: Kuwait Total Square Meter of Road Areas

Central Tendering Committee (CTC)

Since its establishment in 1966, the Central Tendering Committee has been responsible for tendering all the needs of the governmental authorities in Kuwait except for the independent government institutes such as the Housing Authority. The CTC is also responsible for qualifying companies and contractors for the different works and projects in Kuwait including road and infrastructure projects. Certain projects which require international experience would demand special qualification process that is done jointly between the CTC and MPW. The CTC has divided the local contractors and companies working in “outside” projects (Outside projects include roads, infrastructure, sewage, and bridges) into 5 categories:

  1. Group A: companies with a capital no less than 500,000 KWD and a minimum of 3 years in road works experience
  2. Group B: companies with a capital no less than 200,000 KWD and a minimum of 3 years in road works experience
  3. Group C: companies with a capital no less than 100,000 KWD and a minimum of 3 years in road works experience
  4. Group D: companies with a capital no less than 50,000 KWD and a minimum of 3 years in road works experience
  5. Companies that are registered in CTC but not classified

CTC developed its own standards in classifying companies which are based on four major elements:

  1. Company financial status
  2. Previous works and experience within the same field
  3. Company structure and staff skills and experience
  4. Equipment and tools registered by the company

Since many big scale road and infrastructure projects are currently being designed to be executed in 2011 and 2012, the Ministry of Public Works represented by the CTC is currently prequalifying international firms with local representation to work in the 2011 and 2012 projects. This prequalification process will prevent international companies to enter the tendering process if not prequalified by the 27th of September. The short listing process is different from what was practiced in the past years by MPW where international firms would need to prequalify for each single big scale project independently.

 2009 Projects

contact us at info@globalmarkets.com.kw to learn more about:

  • companies executing road projects in Kuwait
  • projects description
  • projects value
  • project duration

Current and Future Projects

contact us at info@globalmarkets.com.kw to learn more about:

  • winning companies of current and future projects
  • projects description
  • projects value
  • project duration
  • projects to be tendered

Subcontractors

contact us at info@globalmarkets.com.kw to learn more about:

  • to learn more about the legality of the relationship between main and subcontractors
  • current subcontractors executing projects in Kuwait

Kuwait Hospitality Market (2009)

Abstract

Kuwait has been on the map of hospitality investment and development since the 1960s. International operators entered Kuwait early where Sheraton Kuwait Hotel & Towers was opened in 1966 in the heart of Kuwait City. Other hotel operators then followed such as InterContinental Hotel Group (IHG), Starwood Hotels, Rotana Hotels, and Accor Hotels. Local hoteliers have built strong relationships with the international operators over the years which made them increase their ties with more brands and hotels in the country. Local hotel operators have also played a role in the Kuwaiti market and gradually expanded beyond the Kuwaiti borders such as Safir International Hotels and Refad Hotels. Continue reading “Kuwait Hospitality Market (2009)”

Do we need a hotel, an apartment, or both?

What makes an egg an egg? It is oval, white, and delicious, when cooked of course. What makes an orange an orange? It is round, orange, and full of vitamin C. What makes a hotel apartment a hotel apartment? It is a combination of a hotel room and an apartment; well it is a bit more complicated than that. Apartment hotels are apartments with hotel services that are commonly used for short term accommodation with facilities that are absent from hotel rooms such as kitchen, dishwasher, living room, and even a balcony. In the following lines I will be talking about different parts that play into the hotel apartment market in our region, so get your eggs and oranges ready because you will need them. Continue reading “Do we need a hotel, an apartment, or both?”

Is it time for focused hotel developments?

Up until 10 years ago we shared very similar environments in the Gulf, our food is the same, our culture is the same, and our oil is the same. Then the Dubai project happened and opened our eyes to new sectors such as health care, education, sports, entertainment and more. People who target special locations for their facilities and services would always need a decent room to house them for a night or may be ten nights. Three players must coordinate to make such specialized hotel development success; the developer, the operator, and the location.

All real estate developers have one global goal they thrive to achieve which is making more money. Developers should invest more in market researches to better satisfy focused demand. Dubai for example is filled with resort and business hotels but have very few health care oriented hotels that cater for visiting patients and their families in Dubai Healthcare City. Hotel Developers have taken many steps to target focused customer groups by signing strategic management agreements with hotel operators to provide certain brands to the right markets. Al Hokair Group has signed an agreement with Hilton International to introduce the Hilton Garden Inn brand in the Kingdom to mainly target mall shoppers. Another focused hotel developer is Bu Khamseen Holding Group which owns the only branded hotel in Al-Sayeda Zainab City in Syria, The Safir Sayeda Zainab. The hotel mainly targets religious travelers seeking Al Sayeda Zainab shrine. The group is also the first international group to build a hotel in the holy city of Karbala which is most likely to be a Safir.

Customer are always looking for something familiar to relate to, and being in the Middle East customers would related strongly to a brand that respects the believes and culture of its guests. The majority of brands present in our countries are imported brands which lacks the identity to us, Muslims. On the other hand, local brands and local hotel developers have taken the initative to shape the local hotel industry by introducing Shaza Hotels and Rayhaan Hotels and Resorts by Rotana (alcohol free). Both brands can expand in uncharted markets especially Rayhaan which is a dry concept to the bone.

Saudi Arabia is a religious Destination, Doha is a sports destination, Dubai is a business destination, and Beirut is a holiday destination. Each destination has different hotel branding requirements. Each location has its different set of traveler profiles. Taking the holy city Mecca as an example, the city receives an average of two to three million Muslims during Al Hajj season only. Hotel developers can utilize the fact that there is a guaranteed minimum occupancy rates in the city therefore more hotels can be accommodated. Moreover, there are other destinations that can attract new hotels and developers but are still undiscovered. The holy city of Karabala and Al Najaf which both witness all year long massive religious traffic but they still lack the developers attention due to Iraq’s security issue. There is always room to expand successfully if brand and developer agree on the right piece of land.

Many destinations were mentioned in the above lines but not Kuwait. Kuwait lacks an identity that would motivate hotel developer to innovate. Kuwait has major hotel development companies that are introducing more and more new ideas to the regional market. IFA, NREC, United, and Tijaria are all companies that had tailored hotel projects for locations and visitors but have minimum participation in the local market. Companies and government should put their heads together to create a better Kuwait destination that can attract local investments first and then international.