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Thursday, November 26 - 2009

Multiforms wins AED 125 million contract from Arabtec for Tiara Residence façade work

  • United Arab Emirates: Monday, July 30 - 2007 at 11:20
  • PRESS RELEASE

Multiforms, the Dubai-based architectural aluminium façade specialist and subsidiary of Emaar Industries & Investments (EII), has won a AED 125 million (USD34 million) contract from leading construction contractor Arabtec to execute the façade work of Tiara Residence.

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  • Firas Rifai, Managing Director, Multiforms.
    Firas Rifai, Managing Director, Multiforms.
The AED 2.1 billion (US$572 million) development by Zabeel Investments comprises seven residential towers and a hotel, located on the main trunk of Palm Jumeirah.

Multiforms, the region's largest UPVC and architectural aluminium supply-and- installation company, will design and install the external envelope and curtain wall façade for all seven residential towers. Multiforms will undertake the region's first wood composite panel cladding on Tiara Residence. Cladding work on the 15-storey towers featuring one-, two- and three-bedroom apartments and a penthouse floor will begin mid-August and is scheduled for completion by March, 2008.

"Tiara Residence is one of the iconic projects in our portfolio, not only for its location on the Palm Jumeirah but also for the construction standards that the project upholds," said Riad Kamal, Managing Director, Arabtec Construction PJSC. "To execute the project on schedule and to the highest standards, it is important to have the right partners, and Multiforms has the proven capabilities in delivering the high standards of excellence that Tiara Residence demands."

Mr Firas Rifai, Managing Director, Multiforms, said:

"Tiara Residence sets new benchmarks in architectural and construction excellence, and will be a landmark project in the portfolio of every company associated with its development. The contract for Tiara Residence highlights our leading role in façade development and the significant partnerships we have regionally with leading contractors such as Arabtec."


Construction of the project is overseen by Dar Al Handasah, while sales and management, once completed, will be by Asteco Property Management.

Multiforms meets the growing demand for high performance architectural UPVC, aluminium windows, doors, and curtain walls in the region, and recently made international strides through its partnership with Multiplex (UK) Construction.

The company is a subsidiary of Emaar Industries & Investments (EII), a global investor that capitalises on growth prospects in the manufacturing sector by investing in existing businesses and establishing joint ventures with leading establishments. Since its partnership with EII, the billing and production capacity of Multiforms has increased by 400 per cent and turnover by 300 per cent.
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Notes and media contacts

About Multiforms:
Multiforms was established in 1997 in Dubai as a specialist in aluminium and UPVC fabrication and installation. Multiforms is increasingly prominent as a manufacturer and supplier of custom aluminum windows, doors, curtain walling, cladding and an extensive range of advanced architectural materials. In the rapidly growing Middle East market, particularly the United Arab Emirates, the company achieved substantial growth to become one of the largest UPVC supply and installation companies. Regionally, the company is currently expanding, diversifying, setting trends, and raising quality standards to serve its customers' needs and requirements.

About Emaar Industries & Investments:
Emaar Industries & Investments (EII), a member of Emaar Properties PJSC, is a private joint stock company established in August 2005, to capitalise on the growth prospects of the Middle East and North Africa (MENA) and South Asian manufacturing sector as a strategic investor and partner. EII strengthens industries by investing in existing businesses and establishing joint ventures with leading establishments. Since inception, the company has succeeded in creating an impressive brand that inspires confidence in investors.

EII is dedicated to investing in sustainable companies and projects that are economically beneficial and commercially sound. EII is focused on maximising its subsidiaries' long-term value, exposing them to industrial best practices, improving corporate governance, providing a solid and flexible capital base and ensuring sustainable cash flow.

EII focuses on exploiting the potential of the fastest growing sectors in the region, including building materials, FMCG, healthcare, metals, engineering industries including equipments & machineries, electronics & electrical equipment, and chemicals & petrochemical products.

For further information, please contact:
Shermin Mheidly
Senior Associate, Corporate Communications
Emaar Industries & Investments (Pvt) JSC
Direct Tel: (+971 4) 427 4868; Fax: (+971 4) 427 4891

Kelly Home / Nedal Alasaad
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East & North Africa
Tel: (+971 4) 335 5969; Fax: (+971 4) 335 6080

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