News
Omega
Chooses
PE generate cheque for GOSH
Lloyds
PE, the UK’s leading independent and fund pioneering research.
supplier of specialist generators for Sale PE saw the work that this ground-
and Rental, has recently presented Great breaking Hospital does first hand, when it
Development
Ormond Street Hospital Children’s Charity installed two generators to provide
with a cheque for £5,000.00 for its standby power to the operating theatres
ongoing appeal to help rebuild and and high dependency wards.
Capital
refurbish the Hospital, buy vital equipment www.powerelectrics.com
Lloyds TSB Development Capital (LDC),
a subsidiary of Lloyds TSB Bank plc, has
completed a multi-million pound
investment in Omega Red Group, the UK Nakheel signs landmark
market leader in Earthing and Lightning
Protection.
The Nottingham-based company deal with BIW
completed the sale of a minority stake to
LDC on 28 February following interest
from a number of bidders. Omega plans to BIW Technologies (BIW) has signed a to support the multi-company, multi-
use the money raised to help achieve its corporate agreement with Nakheel, disciplinary supply chains involved in
future growth plans. Dubai’s leading property developer, to designing and constructing our
Colin McElhone, will take up the reins deliver Software-as-a-Service (SaaS) developments,” said Michaella Kerckhof,
as Managing Director with immediate applications to manage and deliver Nakheel’s Chief Information Officer.
effect having previously been acting as Nakheel’s development projects “BIW’s application suite will complement
Divisional Manager. “It will be business as throughout the United Arab Emirates. the powerful system we use to manage
usual in the short-term but we see a lot BIW, a global leader in SaaS our internal business processes, and will
more potential in this business. It’s good applications for the architecture, support tens of thousands of anticipated
news for the staff and for the company as engineering, construction, property and users all over the globe.”
it will give us access to the kind of infrastructure sectors, will support Nakheel is implementing new and
expertise and investment capital that will Nakheel project teams working on innovative operational processes to drive
enable us to make the most of our market numerous major developments across the rapid growth of the organisation
leading position.” the United Arab Emirates. internationally, aiming to establish itself
“Our industry faces its biggest change Nakheel’s projects include the 1.4 as the world’s leading property developer
in decades with the introduction of a new billion square foot Waterfront by 2012.
British Standard for protection against development, the internationally “BIW is committing significant
lightning later this year but it means that renowned The Palm trilogy and The development and consultancy resources
the significant investment we have made World. Nakheel’s developments will to meeting Nakheel’s exacting
in infrastructure, retraining and best include more than 250 hotel projects and requirements,” says Dr Asif Sharif, BIW’s
practice has left us well placed for over the next two decades the company General Manager, Middle East. “We
continued strong growth.” will provide residences accommodating recently inaugurated a UAE-based hosting
In October 2007 the company around three million people. With more facility and brought on-line a dedicated
announced a record half-year turnover of than 2000 employees, Nakheel currently global helpdesk to ensure high levels of
€6.1m, up 20% on the same period last has US$60 billion worth of major projects service to valued customers such as
year with strong orders for future work the under development. Nakheel.” BIW opened its Middle East
company is forecasting its best ever year. “We wanted a robust, scalable, office in Dubai in 2006.
www.omegaredgroup.com industry-strength project control system www.biwtech.com
www.onlinebfm.co.uk news 7
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