Enrichment Dubai reported that not neglecting the Corona crisis from the beginning, and following governmental measures to reduce the repercussions of the crisis, enabled the company to understand how to deal with the pandemic, whether at the level of individuals or the business environment, which helped the company to face the challenges and overcome them During the period of "Corona".
The company stated to «Emirates Today» that there are negative impacts of the crisis, especially with regard to work schedules in conjunction with precautionary measures, but the company faced this with alternative plans to ensure business continues in all locations while maintaining its cadres.
Deal seriously
In detail, Issam Galadari, CEO of Dubai Enrichment Company, said that the company has dealt seriously since the beginning of the Corona virus crisis, as it did not ignore the implications and effects that emerged later.
He added: "We were following the data issued by the health authorities in the country, as well as following the implementation of the measures taken by the government to understand how to deal with the (Corona) pandemic, whether at the level of individuals or the business environment," which enabled it to face and overcome the challenges of the stage.
Scenarios
Galadari stressed that, from the first day of the virus spread, the company developed possible scenarios that it implemented in conjunction with the evolving situation, and issued proactive directives to its employees, including restricting travel to high-risk areas as a first step, in addition to offering options for them to work from their home and provide logistical and technical facilities for them, indicating That the company also launched guidelines to reassure employees, customers and tenants to help them deal with the new reality, while the company left lines of communication open with each of its partners.
Continuation
Regarding the continuation of the works, Galadari said: «There is no doubt that there were negative effects of the crisis caused by (Corona), especially with regard to work schedules in conjunction with precautionary measures, but was overcome by developing alternative plans to ensure the continuity of work in all locations while preserving the human element Which is the company's capital. ”
He stressed that all the company's cadres are currently overseeing the continuity of existing business and projects, in addition to drawing plans and scenarios to deal with any possible developments in the future, in conjunction with what is announced by government decisions, in addition to that the company follows daily local and regional developments and the directions of the competent authorities in ins and outs.
Galadari also stressed that the development and construction work currently under way in its projects is still going according to the previously established plan with some adjustments made in terms of working times and their distribution and the necessary preventive and social spacing measures.
Two projects
Galadari stated that the company is currently implementing two projects: The first is “enriching Deira”, which is located in the region that constitutes the cornerstone of Dubai’s commercial history, rich in culture and the history of history, pointing out that the project has become in the final stages of construction in some areas of the first stage of the project, while what is expected It is soon announced that the region (No. 3) will be launched in the first stage.
He added that the second project is "One Zabeel", where the final traction of one of the units of the structure of the "The Link" horizontal building has been completed, while preparations are underway to raise it to a height of 100 meters.
Enrich Deira
Galadari stressed that the completion rates are more than good in the two projects, explaining that the “Enrichment of Deira” project entered the final stages of construction within the first stage of the project, in five regions: (1, 2, 3, 11, and 13) including areas that were nearing completion with a completion rate 100%.
And that the five regions include multi-use facilities that mix office, commercial and residential spaces and retail outlets, in addition to parking lots, while two areas were allocated to expand the gold market with designs commensurate with the needs of gold and precious stones dealers.
He said, "Our approach to completing the construction of these five areas within the first stage of the project is an important achievement for the company (Enriching Dubai)," noting that "this project embodies Dubai's vision by promoting environmental sustainability and providing an integrated social and commercial benefit to the Dubai community."
One Zabeel
Regarding the project "One Zabeel", Galadari mentioned that the last stage of the project was completed last May, and it is related to the process of traction and assembly of the structure units of the "Link" building, the distinctive engineering mark of the project, which will make it an international architectural landmark, indicating that the length of the structure reaches To about 189 meters.
He explained that the building is currently located above the "Happiness Bridge" in the Dubai Financial District, and it is subject to the final technical touches in preparation for the lifting process later this year.
Galadari added that the project “One Zabeel” has gained global fame and attention due to its innovative engineering design, expected that the project will change the concept of mixed-use facilities in the region, as it will include in its three towers (two vertical towers and one horizontal) luxury residential areas and the first global urban resort.
The Emirates Today, through a series of dialogues, monitors how the business community in the Emirates deals with the repercussions of the emerging Corona virus (Covid-19). The dialogues include elite businessmen and investors in sectors such as tourism, hospitality, aviation, real estate and retail, and other vital sectors, To find out the mechanisms applied by private sector companies to overcome the effects of the current crisis that affected the local and global economy.
The effects of the economic support plan implemented by the Central Bank with a value exceeding 256 billion dirhams are also monitored, as is the series of incentives put forward by local and federal governments as part of efforts to mitigate the repercussions of the spread of the Corona virus epidemic on the national economy.
The series of dialogues addresses how the return of activity to the various economic sectors contributes to restoring the spirit of activity and the prevailing economic life cycle before the emergence of the "Corona crisis", as well as the investors' vision about the future of the national economy, and how to restore the levels of growth achieved before the repercussions of the virus, as well as monitoring any incentives or Requirements for investors from government agencies, to help them regain their activity, and increase growth rates and employment opportunities during the coming period.
The UAE economy has key ingredients that make it more capable and tough in facing economic crises and fluctuations, and includes the successful economic diversification policy that the Emirates started more than 30 years ago, along with having huge investment assets that provide them with sufficient financial liquidity, in addition to open economic policies and a competitive work environment that It is distinguished by the Emirates.
strategy
Issam Galadari, CEO of Dubai Enrichment Company, said that the company’s strategy during the coming period is based on an integrated approach to social planning and the development of master plans that provide comprehensive solutions for the way of life and enable success and achieve ambitions, adding: “Since Dubai is among the best cities to live in the region, We maintain this good reputation and continue to offer solutions that keep pace with the times and its changes and requirements. ”
Support
Issam Galadari, CEO of Dubai Enrichment Company, stated that the company understood the difficulties and requirements of the proliferation of the Corona virus, especially for tenants and customers, as the company anticipated their needs and provided them with support, in line with its keenness to develop societies capable of achieving prosperity and helping them grow in all Conditions.
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Issam Galadari:
- "There are negative effects of the crisis, especially with regard to work schedules in conjunction with precautionary measures."
“From the first day of the virus’s spread, the company developed possible scenarios that it implemented as the situation evolved.”
- “The company is currently implementing two projects: (Enrich Deira) and (One Zabeel) ... The achievement ratios are good in the two projects.”