News

Siemens signs deal with Al Khayarin

Siemens has signed an agreement with Al Khayarin Switchgear Factory, a subsidiary of Al Khayarin Group of Companies, to manufacture MV/low-voltage power distribution and motor control centers right from sheet metal to the finished product of Sivacon S8 boards. The agreement was formally signed on October 4th 2012 at KG Headquarters by Mohammed Idrees Anwar, CEO/Managing Partner of Al Khayarin Group of Companies and Bernhard Fonseka, CEO of Siemens, Shree Kumar, General Manager of Al Khayarin Switchgear Factory and Alia Al Rifai, CEO of Siemens and other senior officials of both companies, were also present. With this agreement Qatar’s Al Khayarin Switchgear Factory –an ISO 9001:2008 certified company– will become the first entity in Qatar to have comprehensive manufacturing facility, right from sheet metal to the finished product of Sivacon S8 boards. These boards are being used to distribute and manage power supply to residential and commercial buildings, airports, as well as oil and gas, water, chemicals, and industry-metals sectors. The agreement gives impetus and authorisation to Al Khayarin Switchgear Factory to locally manufacture Sivacon S8 power boards thus boosting manufacturing and industrial activity in one of the world’s fastest growing economies. The Sivacon S8 has set new standards for both Power Distribution and Intelligent Motor Control Centers used in industrial applications and infrastructure. Sivacon S8 is ideal for simple and consistent distribution of power, offering maximum personal and system safety to the latest International Standards of IEC. Bernhard Fonseka, CEO of Siemens Qatar, said that “building up local resources and competencies is essential when pursuing the creation of a more sustainable economy, which is what Qatar is in the process of doing as part of its National Vision 2030. To have a local manufacturer for the Sivacon switchgear assembly is a significant step towards the ongoing transformation of the country”. Speaking on the occasion, Mohammad Idrees Anwar, CEO of Al Khayarin Group, said that “the low-voltage boards offer great flexibility and efficiency in power distribution, whether it is to homes, commercial buildings, or industrial plants. We are excited and proud to be the first and only manufacturer of Sivacon S8 in Qatar”. Idrees also added that “manufacture of each SIVACON at KG Switchgear Factory would follow exclusive standardised modules of high quality as per Siemens design specifications and the exclusive use of high quality switchgear ensures a long service endurance and reliable operation”.

KG Group signs deal to construct new Al Meera mall

DOHA: Al Khayarin Group signed a QR47m worth agreement with Al Meera Consumer Goods Co for construction of a shopping mall at Nuiajja. The agreement was signed recently between Dr Saif Saeed Al Suwaidi, Vice President and Member Board of Directors of Al Meera Co, and Mohammed Idrees Anwar, Chief Executive Officer of KG Group of Companies. Speaking on the occasion, Dr Suwaidi said that this is one of the pilot projects in company’s expansion plan. KG Group will undertake complete civil works, MEP works, aluminium & glazing works, structural steel works, interior designing (graphics), hard and soft landscaping, fire-rated doors and lifts, latest safety and fire-fighting system, machine room-less lifting system, porcelain flooring, spacious shaded car park, etc. The total value of the contract is QR47m and the project is to be completed within 18 months from the date of commencement. Masraf al Rayyan bank is offering project management services as well as financing for the Al Meera Shopping Mall. Al Meera Consumer Goods Company is in the process issuing tenders for six new branches to be opened in the next 24 months. The new branches will add on to its existing 26,000 square meters of retail space and the expansion plans will see 13 new stores opening in the next two years with 40,000 square meters of additional retail space, and 20,000 square meters of shopping mall space

Subcategories