Hey, great new for Qatar and especially you Abdulla, enjoy:

http://tradearabia.com/source/2005-04/04/qatar.jpg

Qatar-based Al Addiyar Real Estate Investment Company said it had signed an agreement with Gulf Energy, to develop an `Energy City' in Qatar. It said the 'ground-breaking development will raise the global stakes of Middle East's energy sector, reshape the dynamics of its business and expand its role in the management of above-ground resources'.

The construction of the project will begin in the third quarter of this year, said Al Addiyar Real Estate Investment Company chief executive Nassser Hassan Al Ansari.

Al Addiyar is a government-owned company with a capital of $1 billion and Gulf Energy is a global consortium of leading energy consultants, researchers and academics.

Gulf Energy will develop the marketing as well as technical strategy in co- operation with Al Addiyar Real Estate to develop this landmark project.

The multi-billion dollar Energy City, positioned as the first-ever integrated, energy hub in the region, will significantly enhance the Gulf region's ability to capture critical revenue streams from hydrocarbons, and act as a nucleus for the core elements of the vertical section of the Middle East's oil and gas industry.

Commenting on the project, Nassser Hassan Al Ansari added:

'According to the master plan, the `Energy City,' will function as a nerve centre of global oil and gas business in the Middle East, by attracting the biggest players in the hydrocarbon value chain.

'It will consolidate markets, R&D, technology, education, training and finance under roof, promoting co-operation at both commercial and technical levels.

'The development will also offer opportunities for real estate investment in hotels, exhibition halls and malls.'

The project is a pioneering initiative that will take the Middle East much beyond its role of just controlling over half of the world's oil and gas reserves.

Energy City will place Qatar on the world energy map, joining the league of other key energy centres like Calgary, Singapore, Houston, Stavangar and Aberdeen.

'The multi-billion dollar Energy City will revolutionise the oil and gas sector in the Gulf,' Ansari said.

'It will house an integrated complex where international and state-owned oil companies and service providers will base their operations.

'The Energy City will also integrate crucial asset classes such as hi-tech data, infrastructure, communications and advanced management.'

He said the Energy City would also have a Shipping and Trading component which can be housed anywhere in the Gulf and still be part of Energy City - thus reinforcing its regional character. It will host the Gulf Mercantile Exchange (GMEX), trading rooms, brokerage offices and base for shipping and logistics.

The intellectual and technology cluster will form the heart of Energy City. Its Core Research Lab and Data Centre will form a crucial area comprising a main research laboratory linked to geology & geophysical analysis facility.

Ansari said the Energy City would also offer research centre a Research Satellite for environment, renewable energy and regulatory policy.

An exclusive Education and Training Centre will be set up in collaboration with Imperial College, Texas, A&M and IFP, with regional affiliations.

The Service Industry Satellite will serve as a base for oilfield services industry comprising drilling, service, EPC contractors, offshore suppliers and seismic companies. The Infrastructure and Downstream Satellite will house downstream companies.

'Energy City' planned in Qatar

April 04, 2005

Qatar-based Al Addiyar Real Estate Investment Company said it had signed an agreement with Gulf Energy, to develop an `Energy City' in Qatar.

It said the "ground-breaking development will raise the global stakes of Middle East's energy sector, reshape the dynamics of its oil and gas business and expand its role in the management of above-ground resources".

The construction of the project will begin in the third quarter of this year, said Al Addiyar Real Estate Investment Company chief executive Nassser Hassan Al Ansari.

Al Addiyar is a government-owned company with a capital of $1 billion and Gulf Energy is a global consortium of leading energy consultants, researchers and academics.

Gulf Energy will develop the marketing as well as technical strategy in co- operation with Al Addiyar Real Estate to develop this landmark project.

The multi-billion dollar Energy City, positioned as the first-ever integrated, energy hub in the region, will significantly enhance the Gulf region's ability to capture critical revenue streams from hydrocarbons, and act as a nucleus for the core elements of the vertical section of the Middle East's oil and gas industry.

Commenting on the project, Nassser Hassan Al Ansari added:

"According to the master plan, the `Energy City,' will function as a nerve centre of global oil and gas business in the Middle East, by attracting the biggest players in the hydrocarbon value chain.

"It will consolidate markets, R&D, technology, education, training and finance under roof, promoting co-operation at both commercial and technical levels.

"The development will also offer opportunities for real estate investment in hotels, exhibition halls and malls."

The project is a pioneering initiative that will take the Middle East much beyond its role of just controlling over half of the world's oil and gas reserves.

Energy City will place Qatar on the world energy map, joining the league of other key energy centres like Calgary, Singapore, Houston, Stavangar and Aberdeen.

"The multi-billion dollar Energy City will revolutionise the oil and gas sector in the Gulf," Ansari said.

"It will house an integrated complex where international and state-owned oil companies and service providers will base their operations.

"The Energy City will also integrate crucial asset classes such as hi-tech data, infrastructure, communications and advanced management."

He said the Energy City would also have a Shipping and Trading component which can be housed anywhere in the Gulf and still be part of Energy City - thus reinforcing its regional character. It will host the Gulf Mercantile Exchange (GMEX), trading rooms, brokerage offices and base for shipping and logistics.

The intellectual and technology cluster will form the heart of Energy City. Its Core Research Lab and Data Centre will form a crucial area comprising a main research laboratory linked to geology & geophysical analysis facility.

Ansari said the Energy City would also offer research centre a Research Satellite for environment, renewable energy and regulatory policy.

An exclusive Education and Training Centre will be set up in collaboration with Imperial College, Texas, A&M and IFP, with regional affiliations.

The Service Industry Satellite will serve as a base for oilfield services industry comprising drilling, service, EPC contractors, offshore suppliers and seismic companies. The Infrastructure and Downstream Satellite will house downstream companies.

Hahaha, we have 3 threads for this one.

oops didnt see this one.. sorry Bahraini

:) hehe and I didn't see Qatar's lol.

$1.6bn Energy City - Qatar
Qatar: Tuesday, October 18 - 2005 at 14:18
Gulf Energy, a consortium of energy consultants and investors from the Gulf, US, Europe, and SE Asia, has revealed plans for the $1.6bn first phase of Energy City-Qatar. A number of specialist centres will be built in phase one, with the aim of consolidating markets, R&D, technology, education, training and finance under the one roof, according to a statement. Gulf Finance House has been appointed as lead financial advisor to the project.

MANAMA: Bahrain-based Gulf Finance House (GFH) has been appointed as lead financial adviser for a $1.6 billion first phase development of the Energy City in Qatar.

Gulf Energy, a global consortium of leading energy consultants and major investors from the Gulf, US, Europe and South East Asia, yesterday unveiled the master-plan for phase one of the multi-billion dollar Energy City.

The project aims at significantly enhancing the Gulf region's ability to capture critical revenue streams from hydrocarbons and act as a nucleus for the core elements of the Middle East's oil and gas industry.

"As a leading Islamic investment bank that has been associated with some of the most prestigious projects in the region, we are confident that GFH will be able to create a viable, innovative and strong financial blue-print for the Energy City - Qatar project," said GFH chief executive officer and board member Esam Janahi.

"The proposed clusters that will comprise the first phase development of the project will include an Intellectual and Technology centre; Education and Training centre; Shipping and Trading centre; Oil and Gas Producers centre; Service Industry centre; Infrastructure and Downstream centre; and an Information, Press and Associations centre.

"Energy City - Qatar is an extremely prestigious project that will function as a nerve centre of the global oil and gas business in the Middle East, by attracting the most significant global players in the hydrocarbon value chain."

The global energy markets are passing through a phase of unprecedented change, said Mr Janahi.


the rest of the article is in the link

link (http://gulf-daily-news.com/Story.asp?Article=124742&Sn=BUSI&IssueID=28213)

hmmm.. no comment.. but we have the research and development center in qatar education city which is mostly dealing with research in the oil and gas industry.

blah blah City

When are we going to start being creative in selecting names for multi-billion projects!?!

When are we going to start being creative in selecting names for multi-billion projects!?!


I think that when building a multi billion project selecting a good name is around the least of their priorities. Anyways the project is still in the early stage they can always change the name later on.

On another note I think that Bahrain working with Qatar on this project is great. Something that I think we will see a lot more of in the near future, especially after the bridge.

fahed is just pissed dubai didnt think of that before hand. Energy City is a perfect name for a project which is involved in the whole chain of energy production to enery research.

Better than Falcon City or Golf Ciity.

Anyways, Ras Laffan Industrail City for such a long time there was talk to name it either RL Energy City or RL Green City sort of to give it a positive ring. This project is probably going to be integrated with Ras Laffan Industrail City, where the worlds largest gas industry sits.

fahed is just pissed dubai didnt think of that before hand. Energy City is a perfect name for a project which is involved in the whole chain of energy production to enery research.

Better than Falcon City or Golf Ciity.

Anyways, Ras Laffan Industrail City for such a long time there was talk to name it either RL Energy City or RL Green City sort of to give it a positive ring. This project is probably going to be integrated with Ras Laffan Industrail City, where the worlds largest gas industry sits.

he said blah blah city i'm pretty sure he is also referring to all the other project names that ends with the word "city", and if you see how he said it he uses the word "we" as in regional nations.

Project Name: ECQ
Project Description:
Project : ECQ
Location : Qatar
Design: Mz&Partners


http://img150.imageshack.us/img150/1108/p51064ve.jpg
http://img151.imageshack.us/img151/6316/p11064ch.jpg
http://img151.imageshack.us/img151/3482/p31067oc.jpg
http://img151.imageshack.us/img151/1157/p21066jd.jpg
http://img154.imageshack.us/img154/8956/p41067in.jpg
http://img154.imageshack.us/img154/1827/p61066uc.jpg

Cool where is it gonna be?

where else, ras lafan.

I doubt it would be in ras laffan. These are obviously admin buildings and most admin buildings in ras laffan will be moved to doha.

It will be somewhere, im guessing around north al dafna.

I might be wrong.

إم زد أند بارتنرز مهندس البناء والتخطيط لمدينة الطاقة بقطر

أعلن الخليج للطاقة، وهو اتحاد عالمي يضم نخبة من المستثمرين والاستشاريين في قطاع الطاقة والذي يقف وراء اطلاق مشروع مدينة الطاقة قطر التطويري الذي ستصل تكلفته الاجمالية الي عدة مليارات من الدولارات اليوم عن تعيين شركة إم زد اند بارتنرز لتكون مهندس البناء والتخطيط الرئيسي للمشروع.

وسوف يقام هذا المشروع التطويري ضمن مشروع لوسيل الذي تم الإعلان عنه مؤخرا في الجزء الشمالي من الدوحة بتكلفة اجمالية قدرها 5 مليارات دولار أمريكي، والذي سيغطي مساحة 35 كيلومترا مربعا ويشتمل علي مراس ومنطقة سكنية وضواح تجارية ومرافق ترفيهية متعددة تتضمن ملعبين لرياضة الغولف.

وتعتبر شركة إم زد أند بارتنرز التي يقع مقرها في الدوحة عاصمة قطر، إحدي شركات هندسة البناء والاستشارات الهندسية الرائدة اقليميا، وتم اختيارها من قبل الخليج للطاقة بعد دراسات مستفيضة واستطلاعات واسعة شملت شركات هندسية عالمية رائدة.

وفي تعليقه علي هذا التعيين قال السيد عصام جناحي، رئيس مجلس إدارة الخليج للطاقة ومدينة الطاقة قطر: يتمثل هدفنا في ان يشكل مشروع مدينة الطاقة قطر التطويري صرحا عمرانيا فريدا من نوعه، ولدينا ثقة تامة في ان شركة إم زد أند بارتنرز تعتبر الشريك المناسب لانجاز أعمال التصاميم وهندسة البناء لمشروع كبير بهذا المستوي من الأهمية وجاء اختيارنا لهذه الشركة لقدرتها علي وضع التصاميم التي تتماشي مع فكرة وطبيعة المشروع التطويري المتخصص بقطاع الطاقة وذلك من أجل تأكيد تميز وتفرد هذا المشروع واكتسابه هوية خاصة.

وقد تم تخطيط وتصميم مشروع مدينة الطاقة قطر ليكون أول مركز متكامل من نوعه في منطقة الشرق الأوسط للأنشطة والأعمال المتخصصة في قطاع النفط والغاز علي مستوي العالم، وتحتوي دول المنطقة علي النسبة العظمي من مصادر الطاقة التي تعتمد علي الموارد الكربونية.

وأضاف: سيتم تطوير مشروع مدينة الطاقة قطر من خلال تعاون قوي بين مجموعة من الشركاء الاقليميين والعالميين، وسوف يسهم ذلك في زيادة تدفق الاستثمارات المحلية للعمل داخل دولة قطر ودول المنطقة الأخري بشكل عام ويضيف قيمة ايجابية كبيرة الي عملية التنوع الاقتصادي التي يتم تفعيلها في هذه الدول، ويشكل تعيين شركة إم زد أند بارتنرز خطوة استراتيجية مهمة في تقدم مراحل العمل في المشروع .

وأوضح السيد جناحي: لدينا ثقة كبيرة في الخبرة الكبيرة لشركة إم زد أند بارتنرز والتزامها الكامل بانجاز مراحل العمل ضمن اختصاصها علي أكمل وجه وضمن الجدول الزمني المحدد، ويأتي تعيين الشركة الاستشارية والهندسية الرائدة تماشيا مع استراتيجيتنا التي تتبني تشجيع الشركات والمؤسسات المحلية ومنحها الفرصة للمشاركة وتحقيق الفائدة من وراء إقامة مشروع مدينة الطاقة قطر .

وقد تم مؤخرا الكشف عن المرحلة الأولي من مدينة الطاقة - قطر، والتي ستبلغ تكلفتها الاجمالية 1،6 مليار دولار أمريكي.

من جانبه قال السيد مروان زغيب مدير عام شركة إم زد أند بارتنرز معلقا علي هذا التعيين: نحن سعداء وفخورون جدا لمنحنا هذه الفرصة المتميزة للمشاركة في تطوير هذا المشروع الاقتصادي الكبير الذي سيعمل علي تفعيل العمليات والأنشطة التطويرية في دولة قطر ودولة منطقة الشرق الأوسط علي السواء، ونحن عازمون علي تكريس خبرتنا الكبيرة خلال عملنا في هذا المشروع الحيوي الكبير، وسنعمل علي ان تكون تصاميم جميع مرافق المشروع مستوحاة من طبيعة المشروع وأنشطته المتعلقة بالطاقة .

وأضاف: ان هدفنا في هذا المشروع التطوير في جانب التصميم العمراني، ليس فقط العمل علي تشكيل هوية خاصة ومتميزة تنفرد بها مدينة الطاقة قطر، بل سنعمل كذلك علي تأكيد ان استهلاك مصادر الطاقة في هذا المشروع سيكون ضمن ادني حدود التأثير علي البيئة لضمان استمرار سلامة الطبيعة .

ويأتي تعيين شركة إم زد أند بارتنرز بعد فترة قصيرة من تعيين بيت التمويل الخليجي المستشار المالي الرئيسي وتعيين شركة بي.إف.سي للطاقة مستشارا رئيسيا لمشروع مدينة الطاقة قطر.

وتعد مدينة الطاقة قطر المشروع الاول من نوعه ويهدف الي استقطاب استثمارات الشركات العالمية الكبري في قطاع المواد الهايدروكربونية الي دول المنطقة وسوف تكون هذه المدينة مركزا متكاملا لأنشطة الطاقة والأعمال، وستحتوي علي مرافق شاملة ومناطق متطورة متخصصة بتوفير الخدمات، والتي تجمع الأسواق وخدمات التمويل تحت سقف واحد.

I think this will be a great addition to the economy. Already Qatar is leading the world in gas exports and energy--why not create a city for it.. It will boost the ecnomy of losail region and doha as a whole.

That is a great project indeed !!

what is the use of the city?

أعلن الخليج للطاقة، وهو اتحاد عالمي يضم نخبة المستثمرين والاستشاريين في قطاع الطاقة، امس عن تشكيل المجلس الاستشاري العالمي لمشروع "مدينة الطاقة قطر" الذي تقدر قيمته الاجمالية بعدة مليارات من الدولارات.ويقام مشروع مدينة الطاقة قطر، ضمن مشروع لوسيل التطويري الكبير في الدوحة، وقد تم تصميم هذه المدينة لتكون أول مركز اداري متكامل ومتخصص في أنشطة وأعمال الطاقة في منطقة الشرق الأوسط يوفر مجموعة شاملة من الخدمات المتعلقة بالأنشطة الصناعية والتسويقية تحت سقف واحد ويهدف الي استقطاب استثمارات الشركات العالمية الكبري في قطاع المواد الهايدروكربونية الي دول المنطقة.

وقد تم وضع المخططات الشاملة لمدينة لوسيل مع الاهتمام بتوفير أدق التفاصيل المطلوبة لتشكل المدينة اضافةً مهمةً الي الدوحة عاصمة قطر. وسوف يستوعب هذا المشروع التطويري الكبير الذي يعتمد أرقي المقاييس العالمية 200.000 شخص ضمن مناطق سكنية متكاملة الخدمات، وستحتوي مدينة الطاقة قطر ومشروع لوسيل علي واجهة بحرية ومرسي ومرافق ترفيهية متعددة.

ويتمثل الهدف الرئيسي من اقامة مدينة الطاقة قطر في استقطاب كبري الشركات الصناعية والشركات المنتجة للنفط والغاز وشركات النفط العالمية والمحلية، الي جانب توفير الخدمات الداعمة لهذه الأنشطة والمرافق وخدمات البنية التحتية وشركات الشحن والخدمات التجارية والمعلومات الكاملة عن أنشطة الأسواق العالمية، اضافة الي نخبة الخبراء والكفاءات المتخصصة والتجارة في مصادر الطاقة.

ويتمتع هذا المشروع الحيوي الكبير بدعم كامل من جانب الحكومة القطرية ويهدف الي تحقيق الريادة في قطاع تطوير مصادر المواد الهايدروكربونية.

ويعتبر السيد ريتشارد اتش. ماتزكي من الولايات المتحدة الأمريكية أول عضو يتم تعيينه في المجلس الاستشاري العالمي للمشروع، ولديه خبرة غنية تزيد علي 40 عاماً في قطاع صناعة الطاقة، وشغل مناصب ادارية كبري في شركات عالمية عديدة.

ويتمثل الهدف من استقطاب هذه الكفاءات المتخصصة في قطاعات الأعمال المختلفة علي مستوي دول العالم في دعم وتعزيز مشروع مدينة الطاقة قطر التطويري بأفضل الاختصاصيين الذين يتمتعون بخبرات واسعة في مجالات عملهم.

وكان السيد ريتشارد اتش. ماتزكي يشغل منصب نائب رئيس مجلس ادارة شركة شيفرون تكساكو عندما تقاعد منها في العام 2002، وتُعرف عنه خبرته الواسعة والمتخصصة في عمليات اكتشاف النفط ووضع الاستراتيجيات والدراسات التقنية لشركات النفط وتحقيق الربحية العالية من هذه الصناعة. وكان ماتزكي يتولي منصباً ادارياً مهماً في الفترة التي حققت فيها شركة شيفرون تكساكو نمواً ونجاحاً عالمياً مشهوداً، ونجحت الشركة تحت ادارته في الحصول علي حقل النفط العملاق "تينزيك" في كازاخستان وخط أنابيب "كاسبيان" الذي يمر في روسيا الجنوبية.

والي جانب الشركات الأخري فقد قدم خدماته وخبراته من خلال مجلس ادارة شركة "لوك أويل" التي تعد أكبر شركة بترول في روسيا وكان يرأس فيها لجنة الاستثمار والاستراتيجيات. ويشغل ماتزكي حالياً منصب رئيس مجلس ادارة المجلس الأمريكي الايراني وقدم خبراته في مجلس ادارة اللجنة الوطنية للعلاقات الأمريكية الصينية والمجلس الاستشاري للدراسات الاستراتيجية والدولية، وهو الي جانب ذلك عضو مؤثر في لجنة العلاقات الخارجية وغرفة التجارة الأمريكية الروسية.

ومن جانبه قال السيد عصام جناحي، رئيس مجلس ادارة الخليج للطاقة: "تعتبر مدينة الطاقة -قطر أول المشروعات الكبري للخليج للطاقة، وقد أسعدني جداً قبول السيد ماتزكي دعوتنا لانضمامه الي المجلس الاستشاري العالمي الخاص بالمشروع".

وقال السيد فاهان زانويان، الرئيس التنفيذي ورئيس شركة بي.اف.سي للطاقة وعضو مجلس ادارة الخليج للطاقة: "نحن نعمل الآن علي تشكيل وهيكلة المجلس الاستشاري من خلال دعمه بأفضل الكفاءات والخبرات العالمية التي ستعمل مجتمعةً علي جعل مدينة الطاقة قطر أكثر مراكز الطاقة تطوراً وكفاءةً علي مستوي العالم، وهو ما سيعود بفائدة جماعية كبيرة علي جميع الشركاء في المشروع ودول المنطقة وصناعة الطاقة العالمية بوجه عام"

وتعد مدينة الطاقة قطر مشروعاً تطويرياً رائداً سيشكل أول مركز اداري في قطاع المواد الهايدروكربونية علي مستوي منطقة الخليج ونقطة الدخول الي أسواق هذه الصناعة التي تضم خبرات عالمية متخصصة في هذا القطاع.

ويقوم "الخليج للطاقة" بتطوير هذا المشروع الكبير الذي يتمثل الهدف من ورائه في استقطاب كبري الشركات الصناعية والشركات المنتجة للنفط والغاز وشركات النفط العالمية والمحلية، الي جانب توفير الخدمات الداعمة لهذه الأنشطة والمرافق وخدمات البنية التحتية وشركات الشحن والخدمات التجارية والمعلومات الكاملة عن أنشطة الأسواق العالمية، اضافة الي نخبة الخبراء والكفاءات المتخصصة والتجارة في مصادر الطاقة.

ويتمتع هذا المشروع الحيوي الكبير بدعم كامل من جانب الحكومة القطرية ويهدف الي تحقيق الريادة في قطاع تطوير مصادر المواد الهايدروكربونية.

ويشكل مشروع مدينة الطاقة قطر الذي يقام علي مساحة 2 كيلومتر مربع جزءاً رئيساً من مشروع "لوسيل" التطويري الجديد الذي تقوم بتطويره شركة ديار القطرية للاستثمار العقارية، ويضم مرافق متخصصة للأنشطة والأعمال ذات العلاقة ومرافق ترفيهية متعددة، الي جانب أنه سيستوعب 200.000 مقيم ضمن مناطق سكنية متميزة ومتكاملة الخدمات. وتتمتع دولة قطر بمجموعة من العوامل التي تجعلها المكان الأمثل لهذه الفئة من المشروعات الكبري المتخصصة، خاصة وأنها تعتبر أكثر الاقتصادات نمواً في منطقة الشرق الأوسط. وتمتلك قطر ثالث أكبر احتياطي للغاز الطبيعي علي مستوي العالم، وتتمتع بتوافر العديد من المميزات مثل الاستقرار السياسي وحرية الصحافة وبيئة تنظيمية وقانونية متوافقة مع أفضل المستويات العالمية

وتم تعيين بيت التمويل الخليجي المستشار المالي الرئيسي لمشروع مدينة الطاقة قطر وشركة بي.اف.سي للطاقة مستشاراً لاستراتيجيات المشروع، أما الشركاء الاستراتيجيون للمشروع فهم بيت أبوظبي للاستثمار والشركة الكويتية للاستثمار.

Energy City appoints international consultants

The officials at the signing ceremony.
Doha: Associated Consulting Engineers (ACE) has been appointed sub-consultant for infrastructure works for the multi-billion dollar Energy City project.

Parsons International Limited (Parsons), on the other hand, will be the design sub-consultant to carry out the traffic impact study for the Energy City Qatar.

MZ and Partners, lead architects for the Energy City Qatar, has announced the signing of strategic agreements with ACE and Parsons.

Energy City is designed as the Middle East's first integrated energy business centre for the global oil and gas industry. It is being developed through strong regional and global partnerships, enhancing the flow of inward investment into Qatar and the region, providing a further boost to the economic diversification effort.

The first phase of the Energy City project was announced recently at a cost of $1.6bn.

ENERGY CITY , QATAR .
QATAR IS DOING A VERY GOOD job
qatar is going beyond expectations !!!!!!!!!!!!!!!!!!1

This is gonna offer a lot of new job opportunities.

this is impressive!

^^not the buildings, but it is really impressive how it will change how things are done in the energy sector in the whole Middle East. I am so excited:)

Just found this...
http://www.smartqatar.com/News.php?source=Nes-462

Energy City is officially inarguated today so in tommoro's paper well c the news and hopefully the pics! The roads are decorated with the Energy City's signs

??? ???? ??? ???? ????? ???? ????? ???? ????? ??????? ?????? ?????? ????? ?????? ??? ????? ????? ????? ??????? ?? ??? ?????? ?????? ?????? ????? ???? ??????? ???? ?????? ???????? ?????? ????? ???? ?? ???? ?? ???? ???? ???????? ???????? ????? ????????? ???????.

???????? ????? ?? ???? ????? ??? ???? ?? ?????????? ???????????? ?? ???? ?????? ???? ??? ????? ????? ???????? ?????? ??????? ?????? ?????? ???????? ?? ????? ?????? ??????? ???????? ???????? ??????? ??????? ????? ?????? ?????? ?????? ??????? ?????? ????? ???????? ???????? ?????? ??????? ???????? ?????????? ???????? ???????? ?? ??????? ??????? ???????? ??? ?????? ??????? ?? ??????? ???? ???????? ??? ????? ?????? ?? ???? ??????????????.

^^Looking forward for you to post some of these pics

Energy City Qatar project launched
.
Doha: The Middle East's first energy business hub, Energy City Qatar (ECQ), was officially launched yesterday under the patronage of the Emir, H H Sheikh Hamad bin Khalifa Al Thani, at a glittering ceremony held at the Doha Sheraton.

ECQ is poised to be full-service energy business centre catering to the commercial, technical and human resource needs of the oil and gas industry in the region, the first of its kind.

The Prime Minister, H H Sheikh Abdullah bin Khalifa Al Thani, presided over the event, which was compered by the legendary TV personality Sir David Frost, and attended by H E Sheikh Hamad bin Jassem bin Jabor Al Thani, the First Deputy Premier and Minister of Foreign Affairs, a host of key government officials and business and energy leaders from across the world.

The gathering was addressed by H E Abdullah bin Hamad Al Attiyah, the Second Deputy Premier and Minister of Energy and Industry, H E Sheikh Mohamed bin Ahmed Al Thani, the Minister of Economy and Commerce, and Esam Janahi, Chairman of Gulf Energy.

A highlight was that special pre-recorded video messages from Bill Gates, Chairman and Chief Software Architect of Microsoft Corporation, David O' Reilly, Chairman and CEO of Schlumberger, and Helge Lund, the President and CEO of Statoil, were relayed at the event.

Commenting on this momentous occasion, Janahi said, “The Middle East accounts for over 60 per cent of the world's proven oil reserves and over 40 per cent of the world's natural gas reserves. But, the region doesn't have a dedicated energy business centre. Energy City Qatar was conceived with the central aim of filling this void and positively contributing to the economic development of Qatar and the region."

Energy City Qatar will be the Middle East's first full-service energy business centre catering to the commercial, technical and human resource needs of the oil and gas industry operating in the regions, with cutting-edge facilities and services. It will also be home to a dedicated energy trading platform, the International Mercantile Exchange (Imex), which will be regulated by the Qatar Financial Centre Regulatory Authority.

Vahan Zanoyan, President and CEO of PEC Energy and Board Member of Gulf Energy said "Qatar is the ideal location for the Middle East's energy business centre. Participants in Energy City Qatar will be able to gain significant efficiencies due to the benefits of clustering; ease of international and communication, economies of scale and easier access to opportunities and decision-makers at all levels."

Energy City Qatar will be an innovative, intelligent, vibrant energy centre filled with customers, suppliers and related service providers freely interacting, cooperating and competing for the advancement of energy sector.

A small pic from the website; i'll see if there are pics from the main newspaper:

http://img70.imageshack.us/img70/7294/1model5cy.jpg (http://imageshack.us)

Here is a full 2-page newspaper shot of the project. i have another one which is scanned which shows the exact location of Energy City Lusail.

http://img90.imageshack.us/img90/3430/energycity5am.jpg (http://imageshack.us)

http://img71.imageshack.us/img71/6173/energycity7gu.jpg (http://imageshack.us)

bloody needs to be more residential and less commerical.

bloody needs to be more residential and less commerical.

Its purpose is a Commerical center for energy.. so how could it be more residential? I dont get the bloody part? There are residential areas there, too, but not in the Energy City.

The pic on the top says losail project. To me it looks way to commerical and dubai like whereas the goal of losail should be to relax the overcrowding in doha. Thus it needs to look like a bit more residential rather than some holiday resort.

The pic on the top says losail project. To me it looks way to commerical and dubai like whereas the goal of losail should be to relax the overcrowding in doha. Thus it needs to look like a bit more residential rather than some holiday resort.
A holiday resort. That's exactly the ideal residential area that they are looking forward to build

Microsoft is working out a detailed plan to set up a “fully digital workplace” at the multibillion-dollar Energy City Qatar, the first integrated business centre for hydrocarbon in the Middle East.
“We will finalise the design elements in two months. To be driven by futuristic technology, the digital environment will provide for a state-of-the-art community at the Energy City Qatar,” Microsoft Qatar country manager Mohamed Hammoudi told Gulf Times yesterday.
Hammoudi said he was looking beyond mobile connectivity by targeting a fully digital workplace at the Energy City Qatar.
“We are looking at intelligent offices there. All physical things at Energy City Qatar can act as a graphical interface device at the connectivity point.
“The flow of information between devices will be eased considerably. And all devices – be it laptop or a handheld gadget, will be a repository of information and data. And they can be operated from anywhere within the city.
Hammoudi said it was a futuristic technology, which would be finalised within two months. However, the whole concept was relatively new in the region.
“At the scale of digital functionality we propose at the Energy City Qatar, we have not undertaken any other projects in the region,” the Microsoft country chief said.
Energy City-Qatar is promoted by Gulf Energy, a global consortium of leading energy consultants and major investors from the Gulf, the United States, Europe, and Southeast Asia.
Qatar, he said, was a booming market with enormous potential for the IT.
“The economic surge the country has made in the last few years is unparalleled and the demand for computer software has gone up considerably in the period,” he said.
Asked whether Microsoft planned a research and development base in Qatar he said, “as a tenant at Qatar Foundation’s Science and Technology Park we will be involved in bringing the elements of R & D to the STP and its benefits will be enjoyed by the State. We will also tie-up with Qatar University in R & D”.
Hammoudi said Microsoft was also investing quite a lot on Internet security.
“Security is paramount for us. At Microsoft we have what is called total trustworthy computing and all our products undergo an extensive security check before they are released.
“For us security does not relate to technology alone. Security in usage is equally important. We do a lot of ethical hacking to make sure the code is unbreakable. And during the life of a product we look at ways to enhance its security,” he said.

Energy City sponsors economic conference

DOHA: Energy City Qatar, the Middle East’s first full-service energy business centre, has announced platinum sponsorship of the three-day Arab Economic Forum, which begins in Beirut today.
“This year’s meeting comes amidst an unprecedented economic boom in the region. This is fuelled by high oil prices and accelerated spending, which is estimated to be in excess of $1tn over the next 10 years on a range of major new infrastructure, oil and gas, heavy industry, and real estate projects,” the Energy City said in a statement.
Commenting on the participation, Esam Janahi, Energy City Qatar chairman said: “The Arab Economic Forum is an important platform for discussing strategies to enhance regional co-operation and economic development. It provides us with an ideal opportunity to showcase Energy City Qatar, an energy sector-focused economic development project, which is aimed at promoting regional economic co-operation.”
A $2.6bn fast track economic development project backed by the Government of Qatar, the Energy City is aimed at servicing the global oil and gas industry and related service industries. It will provide world-class business facilities alongside offering significant opportunities to harness technological development resources.
The Energy City will also feature the Middle East’s first dedicated energy trading platform, the International Mercantile Exchange (IMEX), regulated by the Qatar Financial Centre Regulatory Authority.
The Arab Economic Forum is being organised by Al-Iktissad Wal-Aamal, Central Bank of Lebanon and the Association of Banks in Lebanon, in partnership with Lebanon’s ministries of Finance and Economy, and Trade, and the International Finance Corporation.

guys what is the best paints in qatar wich is recomendet for houses ??

hempel & jotun.

have any body herd about gtc paints

I don't see the entertainment park in the picture? I thought they were building one in Lusail?

Margog, pick jotun.. its the best!! Hempel has an ugly smell (which wont go away for weeks), and gtc is whatever.

well thanx Halawala for info ;)

qatarifreak : see the picture fot the entertainment area
http://img135.imageshack.us/img135/8458/lusail7di.jpg

salman515 is that project is apart of the ECQ ??

^^ no but both of them in lusail project which is in the map

Energy City roadshow draws ‘huge’ response
Published: Monday, 9 October, 2006, 10:10 AM Doha Time

http://www.gulf-times.com/mritems/images/2006/10/8/2_111970_1_248.jpg
Esam Janahi

Gulf Finance House (GFH) chief executive officer and board member Esam Janahi has said the roadshows on Energy City Qatar held across the world have had an incredible response.

Gulf Finance House and Gulf Energy, an international energy consulting firm, are jointly developing the $2.6bn Energy City Qatar (ECQ) at Lusail.
“Investors want unique things and they invariably look for projects that have a lot of potential. Energy City Qatar is one such project,” Janahi told Gulf Times here yesterday.

He said the Energy City Qatar promoters had already raised about $500mn to finance the first phase of the project.

“Most of the funds have come from the regional investors. We have had international investments as well,” he pointed out. Janahi said, “The project is well on track. We work closely with Qatari Diar, the promoters of Lusail Development. They are putting in the infrastructure.”

The project's master plan had already been finalised. Gulf Finance House had been appointed as the Lead Financial Consultant while Hess Energy Company and PFC Energy have been engaged as principal consultants on various aspects of the project, including the creation and design of an international mercantile exchange (Imex), a platform for electronic trading of energy contracts and derivatives.

Janahi said Energy City Qatar was privileged to receive the personal endorsement of Bill Gates, chairman of Microsoft Corporation, and John T Chambers, chairman of Cisco Systems. ECQ has also entered into technology partnerships with both Microsoft and Cisco.

Energy City Qatar was unveiled in Doha in March this year.

Sorry for being ignorant, but what is a roadshow?

means they do their presentation show..on the road...just like a band tour:D
They go and see potential investors where they are, to present them the project.

^^ Got it! Thanks :)

Asian oil and gas industry gives Energy City Qatar a warm welcome

Energy City Qatar Chief Executive Bob Moore said he was delighted with the response from Asian oil and gas industry leaders following a week long visit to Singapore timed to coincide with a number of industry events in the city.

http://www.ameinfo.com/images/news/4/30834-eng.jpg
Energy City Qatar Chief Executive Bob Moore meets Li Huaigi, Secretary to the Board of Directors of PetroChina Co. Ltd.

'This was our first opportunity for direct, in depth discussions with much of Asia's oil and gas leadership and their reaction was extremely positive.' commented Mr Moore. 'The increasingly strong relationships between Qatar and Asia have given us a strong environment in which to deliver Energy City Qatar's unique proposition to upstream and downstream companies alike.'

Mr Moore also presented awards at the Platts Top 250 Global Energy Companies Asia/Pacific Rim Region Awards Dinner where the top prize was given to PetroChina Co. Ltd.

'The response was equally positive from companies from the Asian investor and developer sectors,' continued Mr Moore. 'The technological foundations that will make Energy City Qatar a truly 21st energy hub are especially attractive for these businesses.' Mr Moore also spoke with a number of senior executives at the Forbes CEO conference taking place in Singapore last week.

The Energy City Qatar team also toured a number of sites including the Management University Singapore to view intelligent building technology similar to that which is currently in development with technology partners Cisco and Microsoft designed specifically for energy companies which will support the facilities of Energy City.

Cisco IT design for Energy City


Networking giant Cisco has been engaged to design internet technology to suuport the $2.6 billion Energy City Qatar project, alongside partners led by Accelerator Technology Holdings, the company said in statement. Under the agreement, Cisco will design the city's connected real estate framework, IT infrastructure network and IT and technology based products.

^^ :)

Cisco, the worldwide leader in networking for the Internet, today announced the initiation of their strategic engagement on the ground breaking Energy City Qatar (ECQ) project, tagged the 'city with a brain'.

http://www.ameinfo.com/images/news/0/31470-cisco.jpg
Left to right: Fayez Husseini, Vice President of Accelerator Technology Holdings, Samer Alkharrat. Cisco Gulf General Manager, Bob Moore, Energy City CEO and Wayne Hull, Cisco Qatar Country Manager.

In conjunction with a team of other global technology partners led by Accelerator Technology Holdings, Cisco will identify and design advanced technology solutions to create the infrastructure required to support the $2.6 billion regional energy hub in Qatar's Lusail development.

A team of over 30 technology experts from across Cisco's global offices will work around the clock to complete and handover the technology blueprint to implementation teams within the stipulated timeframe. Cisco will provide specialist services for Internet related projects, including the design and creation of the city's connected real estate framework, IT infrastructure network and IT and technology based products, services and operations. One of the world's largest Internet Protocol (IP) enabled projects, Energy City Qatar will provide sophisticated office facilities for gas and oil producers, service, infrastructure and downstream companies, located alongside specialist technical and service facilities.

CEO of Energy City Qatar Bob Moore added,

'We highly value Cisco's partnership in building a leading business and technology experience across a world class energy city. As the Middle East's hub for energy business expertise Energy City Qatar must deliver access to the highest possible standards of connectivity and efficiency. Cisco's proven expertise and ingenuity will help us to make this a reality.'

'We are delightful to be part of a prestigious project such as Energy City Qatar. The announcement today is a manifestation of a successful partnership relationship between two leading organizations that share the vision of working devotedly to help better people's lives and experiences,' ' said Samer Al Kharrat, General Manager of Cisco Gulf.

'Following the detailed definition of the business needs of the city's occupants, establishing the IT infrastructure is the next and most critical component of the project.' added Khalid Al Khudayri, Chief Technical Officer of Energy City. 'Not only will it enable the city to connect and function with other global industry hubs but it will accommodate all the IT based business solutions and service providers which together make Energy City Qatar a unique facility for the energy industry. The IT infrastructure is the cornerstone on which we will build the energy city of the 21st century.'

A project of this scale requires high levels of collaboration from leading technology companies. Driving this effort on behalf of Energy City Qatar is Accelerator Technology Holdings which has brought together global technology leaders to partner Energy City Qatar to deliver its design of the city's service offerings and technology master plan.

'Energy City Qatar is unique in how its developers are leveraging technology to deliver an ecosystem that provides the most innovative corporate, commercial, and residential services to all of the city's stakeholders.' added Fayez Husseini, Vice President, Accelerator Technology Holdings. 'Through Energy City Qatar, a new standard is being set, one where technology-enabled services are the differentiators for investors and businesses choosing their regional base.'

'The impact Energy City will have on the Middle East, as well as the global energy industry, will be felt by the overwhelming level of intelligence that will preside the City tenants' daily lives in every aspect that will have an impact their productivity, effectiveness and efficiency,' concluded Wayne Hull, Country Manager, Cisco South Gulf.

As a component in the economic vision of His Highness The Emir of Qatar and located alongside the future home of Qatar Petroleum, ECQ will become the Middle East's first integrated energy business centre. It will bring energy industry leadership together in one location, attracting investment from significant global players in the hydrocarbon value chain and leading the development of the hydrocarbon industry. The agreement between Energy City Qatar and Cisco forms part of ECQ's strategy of creating partnerships with a number of global specialist providers in technology, consultancy and specialist technical service provision.

$2.6bn Energy City Qatar opens mid-2009

Cities like Houston, Calgary, Aberdeen and Singapore are hubs of the global energy industry but strangely there is nothing similar in the Middle East. But step forward the $2.6 billion Energy City Qatar which plans to fill the role of regional energy city when its first phase opens in mid-2009.

http://www.ameinfo.com/images/news/1/31471-22565-bob.jpg
Bob Moore, CEO Energy City Qatar

The announcement this week that global networking giant Cisco is to be a key technology partner in the creation of Energy City Qatar alongside other partners led by Accelerator Technology Holdings marks another important milestone in this project.

'Energy City Qatar has to deliver the highest standards of connectivity and efficiency and Cisco's proven expertise and ingenuity will help us to make this a reality,' says CEO Bob Moore, formerly Principal Consultant of Supply Chain Services with Perfect Commerce and previously with Deloitte Consulting, Schlumberger Oilfield Services and Pantellos.

Regional energy hub

The Energy City Qatar will be the Middle East's first purpose built hub for energy and was launched this March as a private sector development.

'We will have a total of 92 buildings in a one square kilometer business park,' explains Mr. Moore. 'Of the $2.6 billion investment, $1.6 billion will be for business offices and $1 billion for residential accommodation.

'Phase one will open in mid-2009 and the whole project will be completed by 2012. We will accommodate 20,000 residents out of the 200,000 planned for Lusail, the new suburb of Doha.

'At the centre of the project will be the IMEX energy exchange in an iconic building but the Energy City Qatar will be the Gulf's first hydrocarbon industry business centre covering all aspects of the hydrocarbon value chain.'

Remarkably the Middle East accounts for over 60% of proven oil reserves and over 40% of the world's natural gas reserves, but is without an integrated energy trading platform. IMEX is designed to bridge this gap with a transparent and technologically advanced energy trading platform under a well respected regulatory authority

Oil majors

Promoted by Gulf Energy, ECQ aims to attract the industry leaders in Oil and Gas production, International Oil Companies, National Oil Companies, support services, infrastructure and downstream activities, shipping and trading, market and resource data, intellectual property and energy trading.

ECQ's financial advisor is Gulf Finance House, and PFC Energy, the global energy consultant, is the strategic advisor. Its strategic partners are Abu Dhabi Investment House and Kuwait Investment Company.

'We are now hard at work on the detailed design work and will take delivery of the land for the ECQ in the first quarter of 2007,' says Mr. Moore. 'But the ECQ will actually be functional before the delivery of accommodation.

'It will bring energy industry leadership together in one location, attracting investment from significant global players in the hydrocarbon chain, and fill a missing gap in the business infrastructure of the Middle East.'

Wow!! 2009!
I can't wait to see Qatar in 2010 ;)

Great news!! But I bet they will delay this until 2010 or even 2011 since everything here is delayed!

:lol:

lol atleast they approved it

Master infrastructure work begins at Energy City Qatar

By Pratap John

DOHA: The $2.6bn Energy City Qatar (ECQ) is now working on the master infrastructure for the plots that are going on at its Lusail location, its chief executive officer Bob Moore has said. There are approximately 92 plots and ECQ is doing the baseline infrastructure including roads, electricity and gas supply. In parallel ECQ will be building the IT infrastructure including fibre optics that go into each building, he said in an interview with Gulf Times here.

"When a prospective client comes in, he can get into a one-stop shop here. He will have all the facilities here which are otherwise managed by different service providers," Moore said.

The Energy City concept involves the master planning and construction of an integrated business centre that specialises in the provision of complete business infrastructure for leading oil and gas producers, both local and international, downstream refiners and producers, support services, shipping and energy trading businesses.

Moore said ECQ hoped to take delivery of the designated land at Lusail sometime early next year. The work on the infrastructure will begin thereafter.

"Our first building will be ready by mid-2009. We are expecting our last building to be up by mid-2012," he said.

A couple of other buildings would also come online as scheduled, he said. One will be the International Mercantile Stock Exchange (Imex) and the other ECQ’s dedicated building which will house besides the CEO and other officials, a data and communication centre and a facility for business process outsourcing.

On the Imex, Moore said: "We contracted several consultants to work on the different business processes that allow us to position the International Mercantile Exchange. We are currently sourcing the location.

"We already found an office facility for that. We are currently sourcing the team that would lead the IMEX including the CEO and some other officers. We have an operations model that has been worked on heavily in the last three to six months. That’s ready."

ECQ has already entered into technology partnerships with both Microsoft and Cisco, he said.

ECQ is also privileged to the have the personal endorsement of Bill Gates, Microsoft Corporation chairman and John T Chambers, Cisco Systems chairman.

Moore said he was really bullish about Energy City Qatar’s prospects.

"We are at Lusail, which is a great location. Qatar Petroleum’s global HQ will be next to us at Lusail. We are fortunate to be in Qatar. Everyone in the global energy industry now wants to be here," he pointed out.

ECQ will be the home of the energy industry in Qatar. "From oil and gas firms to associated service companies and infrastructure, utility and EPC companies will be there. Even lawyers and accountants will be at the ECQ.

"I am confident all firms that have some association with the energy sector will get represented at the Energy City Qatar," Moore said.

Energy City Qatar has received attention worldwide. Global energy companies have given the green light for ECQ to associate with their local arms in Qatar.

Esam Janahi, Gulf Finance House (GFH) chief executive officer and board member, recently said that ECQ had raised more than $500mn to finance the first phases of the project.

GFH and Gulf Energy are jointly developing the Energy City Qatar project.

GFH was appointed the lead financial consultant while Hess Energy Company and PFC Energy have been engaged as principal consultants on various aspects of the project, including the creation and design of the Imex.

ECQ has an International Advisory Body comprising eminent experts from the business world, particularly from the energy and energy-related sectors. The board includes Henri Philippe Reichstul (Brazil), Simon Tay (Singapore), Bernard De Combret (France) Harald Norvik (Norway) and Richard H Matzke (USA).




Great news!

$1bn Energy City residences

Energy City Qatar has released details of the $1bn residential component of the $2.6bn energy hub development. It comprises 5,000 units covering 5m sq ft, and is designed to house up to 15,000 people. Residences will provide accommodation to workers of companies operating in the complex.


$1 BILLION!!!

so still we wont pay lol

There's a commercial going on TV in Europe for Energy City. I've seen it on Eurosport during the games and on a 24h french news channel...I was surprised to see it as I think it's still kinda early, don't you guys think? Anyway that's just a detail I guess.

^^ Which one of those Did you see?? >> Energy City Qatar, Videos (http://www.energycity.com/video.htm) ;)


By the way ... I couldn't find the link of the Energy City in this Thread ... So here it is ... :colgate:

Energy City, Qatar (http://www.energycity.com)


..

Great, thanks a lot for the link indeed!

Actually, the one I saw is a short version (about 1 minute long) of the corporate video available on the website, which is more than 5 minutes long! Which was even better...cause they take their sweet time on the 5-minutes long one! lol!

By the way, I also saw an international commercial for Q-Tel ..what the toot! :?

...some pics from the website ;)
Architecturally speaking it's not as exciting as what we are used to in this forum though :/

http://img350.imageshack.us/img350/6196/nouveauimagebitmap2zw0.jpg

http://img19.imageshack.us/img19/204/nouveauimagebitmapmd5.jpg

http://img19.imageshack.us/img19/8178/spiralyl9.jpg

http://img177.imageshack.us/img177/6234/nouveauimagebitmap4lf8.jpg

http://img177.imageshack.us/img177/4586/nouveauimagebitmap5th7.jpg

http://img350.imageshack.us/img350/3776/mainarteryre6.jpg

^^ Nice pics! The project though looks small. It is comparable to a large compound or even the Ritz. Funny though the cars have a Bahraini licence plate.

It is small indeed! And I dont think you'll get that spiral feeling once in it, although it looks cool on renders ;)
Bahraini plates maybe cause many stakeholders are Bahraini, including the Chairman..

The pics were fantastics.

..

More photos of the Energy City Model...



http://www.a2mstudio.com/admin/projects/p1110.jpg



http://www.a2mstudio.com/admin/projects/p2110.jpg



http://www.a2mstudio.com/admin/projects/p3110.jpg



http://www.a2mstudio.com/admin/projects/p5110.jpg



http://www.a2mstudio.com/admin/projects/p4110.jpg

is the room supposed to be black and howcome the model is flying !!!

i kinda hate energy city it is nice cool and all but its missing a tower or 2 but dont get me wrong it still looks good

is the room supposed to be black and howcome the model is flying !!!


I think the last photo is modified .... it is very easy to modify it using Photo Shop ...



i kinda hate energy city it is nice cool and all but its missing a tower or 2 but dont get me wrong it still looks good


First of all Lusail City has high-rise .... no doubt ... However Energy City will accommodate different companies from around the world... or we can say representatives of the companies ... so we have two factors:

1) Company "representatives" are small.

2) Each Company wants its own building.

So low rise is better ...

.... My opinion ... :)

Model is flying? :lol:

Model is flying? :lol:

thats wat i was thinking . superinfiniti , i know that lusail will have highrises but i was wondering why the building were small now i know why thank you .

do you think its the final look or will the buildings look diffrent ????

Model is flying and presented by the Men In Black themselves, as you can see on the last pic :lol:

^^ hahaha:lol:

It is very greeny..

http://img122.imageshack.us/img122/9567/untitledmy5.jpg (http://imageshack.us)

WoooowoooooW thanks suzan , btw will energy city help with our economice system or our energy and everything else ?!

yes! Theres a record there hidden

Seriously the whole project looks small to me. The greenery is obviously for marketing/promoting reasons.

If those were parks, i would go there

lol we already have parks in doha

so

..

More photos of the Energy City Model...



http://www.a2mstudio.com/admin/projects/p1110.jpg



http://www.a2mstudio.com/admin/projects/p2110.jpg



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http://www.a2mstudio.com/admin/projects/p4110.jpg



Are the buildings spelling out something?

^^maybe in arabic

so

so you can go to much biger parks than that

but it looks more newer

Energy City Qatar launches sales of commercial plots to investors

Energy City Qatar, today announced that it is offering public and private investors the chance to buy into this first of a kind purpose built business and residential cluster dedicated to the energy industry.

http://www.ameinfo.com/images/news/4/37184-ECQoverview.jpg

The city will provide a single point of access and a centre of excellence for the energy industry to interact, compete and co-operate at commercial and technical levels and most of all access key decision makers, in the region.

The $2.6 billion project will bring the industry's leadership together in one location, attracting investment from significant global players in the hydrocarbon chain thus providing a unique investment opportunity; offering high yields and low risk returns to potential investors.

Energy City Qatar is situated just north of Doha in the new master planned Lusail project and next to the Qatar Petroleum new headquarters. Energy City Qatar consists of a variety of different sized plots, seven sectors in the business component and four in the residential component designed on the elements of earth.
Energy City Qatar will cater to the specialised commercial, technical and human resource requirements of International Oil Companies, National Oil Companies, supports services, downstream shipping & trading businesses. In the heart of this uniquely designed business cluster, will be world class fully connected offices and the centre piece will be the new IMEX (International Mercantile Exchange) a dedicated trading platform of energy related contracts, futures derivative and products of energy commodities in the region, which reflects Qatar's growing eminence in the world of business.

This fully-integrated and organized business cluster, will house up to 20,000 employees making Energy City Qatar the intellectual center for oil and gas companies in the region. It offers the highest standards of connectivity and efficiency through strategic alliances with major players in the IT industry which will make it the worlds first IP connected city.

Commenting at the sales launch today, Mr Hesham Al Emadi, Deputy CEO - Energy City Qatar said: 'Since the announcement and launch of Energy City Qatar we have received tremendous response from potential investors and developers across the GCC looking to invest in high-end business hubs, this would indicate investor confidence in the project despite a very competitive real estate market'. He continued 'We believe our competitive pricing packages will be well received by both investors and developers alike'.

Energy City Qatar and Qatar Real Estate Investment Company sign mega deal

At the headquarters for The Qatari Real Estate Investment Company, H.E Sheikh Khalid bin Khalifa bin Jassim Al Thani, Aqaria Chairman, signed a land and development deal with Energy City Qatar's CEO Mr. Hesham Al Emadi worth 700 Million Qatari Riyals.

http://www.ameinfo.com/images/news/8/37818-energycitymou.jpg
H.E Sheikh Khalid bin Khalifa bin Jassim Al Thani, Aqaria Chairman and Energy City Qatar's CEO Mr. Hesham Al Emadi.

The sale of this commercial plot is one of the most prominent positions within this new fully integrated business cluster, dedicated to the Oil and Gas Industry and is due for completion in 2009. This is one of the Energy City's biggest deals yet and coming only one week after Energy City Qatar announced phenomenal sales last week of 1.6 Billion QR.

QREIC is one of the largest companies leading the property development and engineering art sector in Qatar. The success of QREIC is based on quality, service, creativity, care, trust and diversity in all its operational activities and this monumental deal further enhances its policy of building a diverse portfolio of investments and shows its commitment to the Oil and Gas industry in Qatar.

Energy City Qatar, which will cover an area of approximately 1.2 million square meters, is a realized futuristic vision, synergistic with the Qatar government's drive to create a comprehensive home for the Gulf's energy industry and those who work in it.

Commenting on the signing today, the Chairman and Managing Director of QREIC, H.E Sheikh Khalid bin Khalifa bin Jassim Al Thani stated 'Energy City Qatar is a truly unique project and we as a company are proud to be investing in the new home of the Oil and Gas industry for the Middle East. Their business aims, values and goals are synergistic with our business and this deal will further cement our business relationship'.

The final details of the deal remain confidential but commenting on the deal Mr. Hesham Al Emadi said 'This is another great milestone for Energy City Qatar, this deal further proves earlier comments I made last week on our outstanding sales results, that Energy City Qatar will be a huge success and this is due to the support of our local investors such as QREIC. The experience of QRIEC in developing energy business related projects and its knowledge of their needs are an added value to our partners in Energy city. We are looking forward to working with them to reach the next great milestone in this wonderful project'.

'Green' solutions for Qatar's Energy City development

As the concept of Sustainable Development (SD) continues to gain momentum throughout the Middle East, an increasing majority of property developers are 'going green' as they comprehend the environmental, social and economic benefits associated with the initiative.

http://www.ameinfo.com/images/news/8/37918-ec.jpg
Energy City Qatar.

Energy City Qatar, the Gulf's first hydrocarbon industry business cluster, is living up to its 'inspired by nature' axiom by incorporating a myriad of 'green building' practices into its operations designed to benefit both developers and residents.

Broadly defined as any structure that is designed, constructed, renovated or operated in such a manner as to minimise its impact on the environment, protect the health of its occupants and utilize resources efficiently, 'green building' is the new buzzword in popular architecture, supported by inexhaustible data, results and statistics promoting its benefits.

Energy Management Services (EMS) is the leading energy saving company in the Middle East and provides a portfolio of comprehensive solutions that enable premises to optimise their energy performance and achieve savings without compromising their operations or services. Through an Energy Efficient Architecture (EEA) analysis, the company delivers a systematic evaluation directed at analysing the function of systems, processes and building equipment for the purpose of achieving required functions at the lowest cost.

Drawing on fifteen years of regional experience in the industrial, commercial and residential sectors, EMS will offer tailor-made 'green' solutions for the Energy City Qatar development to ensure LEED certification and maximum benefits for the project predicted to become one of the Middle East's most recognised business clusters.


'The fact that an energy business centre is going 'green' is an unmistakable indication to the world that natural resources must be conserved, especially in the Middle East where fresh water is scarce. By incorporating effective 'green' solutions, Energy City Qatar is setting a great example for other Middle Eastern developers to construct sustainable communities that support conservation of energy and water resources,'



commented Khaled Bushnaq, Managing Director, EMS.

'The EMS solutions are guaranteed to increase profitability, increase operational productivity, increase equipment efficiency, increase the life span of the equipment and additionally enhance company image. With these assurances, the question is no longer why build 'green'; but rather, why wouldn't you?' Bushnaq added.

EMS will promote energy saving opportunities within the Energy City Qatar project through procedures including analysing functions, reviewing design and techniques, optimising system design, introducing energy control systems, analysing energy bills, managing utilities, optimising energy saving equipment and recommending alternative energy sources. By incorporating these 'green' strategies, both tenants and developers will gain a myriad of environmental, social and economic benefits.

For instance, EMS solutions are designed to improve air and water quality, reduce waste streams, conserve natural resources and promote energy efficiency. By measuring and verifying energy system performance and ensuring a rigid compliance with regulations, Energy City Qatar will maximise its environmental performance while minimising its ecological footprint.

By doing so, tenants will achieve many social benefits such as enhanced comfort and health, heightened aesthetic qualities and an improved overall quality of life. By minimizing the strain on the local infrastructure, EMS solutions promote integration of state-of-the-art technologies that contribute to improved stakeholder interest and increase the project's reputation and equity as an environmentally desirable location.

Energy City Qatar's CEO, Hesham Al Emadi states 'The most attractive reasons for many developers to integrate 'green' solutions into their projects, however, are the considerable economic incentives. EMS solutions will ensure Energy City Qatar will benefit from reduced operational costs, reduced capital and installation costs, reduced maintenance and labor costs in addition to reduced water costs.'

Al Emadi continued 'Furthermore, by improving the operational performance of energy systems, EMS solutions contribute to reduced running costs and energy consumption, potentially saving thousands on utility bills for tenants of Energy City Qatar.

'The built environment has a vast impact on the environment, human health, and the economy and achieving these superior solutions is both attainable and measurable as on average, EMS projects achieve a twenty to forty per cent reduction in electrical bills and a payback period of around two years. By implementing these responsible environmental standards, Energy City Qatar lives up to its reputation as a magnet for international industry leaders in oil and gas production and should be commended,' Bushnaq concluded.

I found this on there website :

http://img260.imageshack.us/img260/285/masterplan1d21d6djt1.jpg (http://imageshack.us)

^^ Thx qatar son, nice map

NPS to build new headquarters at Energy City Qatar
By Barbara Bibbo', Correspondent



Doha: Qatar's Energy City Qatar (ECQ) and National Petroleum Service (NPS) signed a 65 million Qatari riyal contract here yesterday to build a new development in Energy City Qatar's Lusail district.

Under the terms of the contract, NPS, one of the largest petroleum services company in the region, purchased a plot within Energy City Qatar (ECQ) to build their new regional headquarters.

"Energy City Qatar is attracting petroleum service companies to its energy business cluster...This deal with National Petroleum Service demonstrates the potential of Energy City to bring together visionary Qatari and international oil and gas companies who understand the importance of working together within the region's own purpose built energy cluster," said Hesham Al Emadi, chief executive officer of ECQ, addressing a press conference.


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In a statement, National Petroleum Services President Abdul Aziz Al Dolaimi said Energy City is set to become the Middle East's home for global players in the oil and gas industry. "National Petroleum Services understands the business benefits of being located alongside other world class energy companies."

ECQ is a pioneering development that aims to become the Gulf's first oil and gas industry hub, filling a void in a region that accounts for over 60 per cent of the world's proven oil reserves and over 40 per cent of the world's natural gas reserves.

Envisioned by Gulf Energy, the multibillion project aims to attract the oil and gas production industry, support services, infrastructure and downstream activities, shipping and trading, market and resource data, intellectual property and energy trading.

ECQ recently signed a 700 million riyal agreement with Qatar Real Estate Investment Company and last week announced pre-sales and sales figures of more than 3.5 billion riyals ($960 million)

Energy City signs QR65m contract

Doha • The $ 2.6bn Energy City Qatar (ECQ) project is well on track to become an ultra-modern business hub for oil and gas industry with the awarding of several contracts coming close on the heels of recent phenomenal pre-sales and sales value worth

QR3.5bn in just one and a half month and a QR700m agreement with Qatar Real Estate Investment Company.

The latest in a series of key milestones for the project is the signing last week of a contract worth QR65m with National Petroleum Services for ECQ's Lusail development. Under the terms of the contract, National Petroleum Services have purchased a plot within the ECQ to build their new regional headquarters.

"The deal demonstrates the potential of ECQ to bring together visionary Qatari and international oil and gas companies who understand the importance of working together within the region's own purpose built energy cluster," said Hesham Al Emadi, ECQ Chief Executive Officer.

National Petroleum Services President and CEO, Abdul Aziz Al Dolaimi, stressing the importance of the contract said his company's move to ECQ underscores its strong commitment to the future of the energy industry in Qatar.

Al Emadi told a news conference yesterday that the group has sold 100 per cent of the plots that make up the residential park of Lusail and almost 80 per cent of the commercial component of the project.
The 30 different investors in the plots of land thus far are local and regional property developers with approximately 70 per cent from Qatar, 10 per cent from Kuwait and 10 per cent from Saudi Arabia and the rest from Bahrain.

Al Emadi added that ECQ is also working with the government to create a business model which will be similar to the Qatar Financial Centre or free zone concept as part of business incentives to be offered to companies, but this is yet to be finalised.

State-of-the-art The Atrium complex launched

http://www.gulf-times.com/mritems/images/2007/10/28/2_181242_1_248.jpg
A computer-generated view of the proposed The Atrium

QATARI residential and commercial real estate developer, The Land, has announced the launch of ‘The Atrium’, a state-of-the-art, 50,000sq m commercial office development located within Energy City Qatar. It will be the real estate company’s first commercial complex.
Featuring a cutting edge design, fusing glass, wood and concrete, ‘The Atrium’ will be the first office development completed in Energy City Qatar, providing five floors of office accommodation.
A company spokesperson said: “The Atrium is the perfect location for the country’s foremost oil and gas companies and exceeds Leadership in Energy and Environmental Design (LEED) recommendations for environmental ‘green’ commercial developments.
Mohamed Hamza, The Land sales manager, said The Atrium at Energy City Qatar provides leading Qatari energy companies with a tailor-made accommodation solution: modern, hi-tech offices located close to luxury residential villas and apartments at The Pearl.
“Offering world class corporate facilities with the technology infrastructure to match, The Atrium and The Pearl are perfect for major energy companies seeking a long term base in Qatar.
“Since 2004, The Land has developed into a leading and respected provider of real estate solutions in Qatar and overseas. With the launch of The Atrium, we are now developing commercial properties which build on our strong foundation of integrity and on our commitment to clients, associates and communities,” added Hamza.
The Land is the only commercial real estate developer exhibiting at the 6th Doha Conference on Natural Gas, opening today.
The developer currently has 10 residential towers under development at Porto Arabia and a further seven residential towers at Viva Bahriya. In addition, the Land is creating the Perlita Garden Falls, a private gated community within The Pearl-Qatar.
A luxury private community in a prime location between Porto Arabia and Viva Bahriya, Perlita Garden Falls will provide luxurious villas and town in an atmosphere of relaxation, privacy and security, the company spokesman added.

nice

Looks more like a warehouse than an Atrium, but indeed looks "cottagy" like the houses of New England.

Energy City Qatar plans to go green

DOHA: Energy City Qatar (ECQ) plans to go green and will seek an internationally accepted rating for the design, construction and operation of high performance environment-friendly buildings.

The energy hub within Lusail Development has specified that only “Green Buildings” will be allowed in the 72 hectares where local and international oil and gas firms and other service industry and infrastructure companies will be setting up various facilities.

Ahmad A. Al-Abdulla, Energy City Qatar’s chief technical officer told newspaper here yesterday, “We will be the first energy city in the whole world to get such a prestigious rating.”

Energy City Qatar’s current plan is to get the US Green Building Council’s LEED Rating by 2010 or 2011. The process of handing over the allotted land to clients will be completed in Q2, 2008. The construction of buildings is expected to be completed by late 2009 or early 2010.

He said “By emphasising on ‘Green Buildings’ we are clearly sending out a message. We love and care for the environment. Hence the development we envisage centres on safeguarding our environment.”

Al-Abdulla said buildings in all the 92 plots at Energy City Qatar would be powered by alternate energy to the extent possible. Solar and wind energy will be tapped for the purpose. Only environmentally friendly construction materials will be used. Buildings will be designed in such a way that sufficient natural light will be available.

Al-Abdulla said all buildings within Energy City Qatar would have provisions for rain water harvesting. Water will be recycled and used for irrigation within the Lusail development. “Green built” projects stand to realise higher absorption and occupancy rates, rents, and sale and insurance prices than comparable non-green properties.

He pointed out “This will reduce burning of oil and gas. By curtailing energy consumption, we are also reducing carbon emissions.”

The Energy City Qatar’s chief technical officer pointed out “The cost of building green properties will not be higher than conventional structures. Also, they will provide great benefits to their owners and occupants in the long run.”

Al-Abdulla added Energy City Qatar would host a campaign, stressing on the importance of green properties. As part of the campaign a day-long seminar on “Green building design” would be held in Doha on November 19. Some six world renowned experts will address the seminar. Besides our clients, we are also inviting their architects to attend the seminar. Various government ministries, departments and real estate companies have also been invited for the seminar.”

The Energy City Qatar’s chief technical officer added it was true the concept had not been properly absorbed in the region so far. But in many parts of the world, there is a lot of focus on green properties.

NICE !!! :banana::banana:

ECQ infrastructure work on schedule


Basic infrastructure works on the QR 9.46bn ($ 2.6bn) Energy City Qatar (ECQ) mega project in Lusail are now underway well on schedule with completion slated within the next 18 months.

A local civil engineering and contracting company, Qatar Building Company has been awarded a QR171m contract to construct the area's infrastructure.

The woks to be undertaken involve roads network, electricity connections, water and drainage pipelines as well as sewerage system.

All ECQ installations are expected to be completed by 2012 with the first building within a city designed to accommodate 20,000 employees and 10,000 residents, to be delivered during 2009.

The last buildings in ECQ have to be delivered by the end of 2011 or beginning of 2012, said officials noting that conditions have been put on developers to this effect.

The 1.2 sqkm ECQ, part of a major new city development in Lusail is to become the region's first integrated business and residential hub dedicated to the hydrocarbon industry.

The land within the Lusail Development Project was purchased by developers for QR 4bn in record time, according to ECQ management.

The company's CEO, Hesham Al Emadi told reporters yesterday that the launch of ECQ infrastructure works is significant as it would allow developers and contractors to start construction within the second semester of 2008, thus creating unprecedented economic activities for various infrastructure sectors.

"This extremely important contract is an important launching milestone of the ECQ infrastructure works," he said.

He added that the entire civil engineering work will not be carried out by a single firm but by different contractors undertaking different components of the infrastructure.

Qatar Building Company Group CEO, Abdul Hamid Mustafawi said skills, experts, human resources and modern heavy equipment will be pooled for guaranteeing work progress and timely completion.

"We are confident in executing the project, which is the first of its kind in the region, according to the highest international specifications," he said.

ECQ has drawn up a work plan for the coming two years, in view of marketing the city through international exhibitions and conferences to attract more developers.

well its U/C soon :D :banana::banana::banana::banana:

I managed to get these bad pics… at least showing that piling is going on on some plots.

http://i41.tinypic.com/wqs7o.jpg

http://i44.tinypic.com/vrzyfr.jpg

cool, aparentally there building the roads too, nyc work massilia :D

No way this is on hold or delayed....

Energy City, Marafeq sign cooling service MoU

DOHA: Energy City Qatar and Marafeq Qatar yesterday signed a Memorandum of Understanding (MoU) for the provision of full scale cooling services with a total capacity of 45,000 tonnes of refrigeration for the Energy City Qatar project in Lusail.

Marafeq Qatar is a joint venture between Barwa Real Estate Company, Qatari Diar, GDF Suez and Suez Environment.

Energy City Qatar CEO, Hesham Al Emadi and Marafeq CEO, Charles Dupont as well as Board Member, Hervé Thomas signed the MoU at Marafeq Qatar headquarters. During the signing ceremony, Energy City Qatar revealed some of its future facilities and services that will distinguish the city as a pioneering landmark of development in Qatar.

Speaking on the occasion, Engineer Hesham Al Emadi said: “The signing of the MOU with Marafeq Qatar marks the first of the services to be provided in Energy City Qatar, the city which has the full support and confidence of the Qatari government and the Lusail project’s board of directors.”

“Together with the recent ground breaking that marked the launch of Energy City Qatar’s headquarters building, the district cooling services further prove that Energy City Qatar is making its dream to reality. The city will become a home for energy companies.”

Yusuf Al Hammadi said the signing of the MOU further enhances Marafeq as the pioneering and key provider of multi-utility facilities and services in Qatar. “We are happy to be in partnership with Energy City Qatar by providing district cooling services,” he said.

He added: “The management of Marafeq Qatar reasserts its commitment to provide infrastructure services, according to the highest quality standards while giving the priority to the domestic market”.

I doubt this is on hold. I imagine what that guy heard was that certain PLOTS in certain areas are on hold due to the financial crisis. This project is almost completely Government sponsored. It's people like DAMAC that will put on hold projects as they have NO money

^^ :applause: !!! Damac which apparentally has (Fox hills, Garden hieghts etc) is the source of problems...

They need to remove Damac from Qatar's real estate market. They will give it a bad name. NO ONE in their right mind would invest with them after the farce of their Dubai projects.

My best hope for the hole project is that the master developer learns from the mistakes of the Pearl and makes sure they have more control over more aspects of planning design and most importantly building schedule.

I am still dubious over the point of a city to hold 300.000 people. It will not be needed for some time unless as I have argued before they decide to bulldoze large parts of the City.

WHERE HAS THE FRIENDSHIP CAUSEWAY THREAD GONE !!!!!!!

It's just been delayed again and a redesign is going to cost 1 BILLION.

They need to remove Damac from Qatar's real estate market. They will give it a bad name. NO ONE in their right mind would invest with them after the farce of their Dubai projects.

My best hope for the hole project is that the master developer learns from the mistakes of the Pearl and makes sure they have more control over more aspects of planning design and most importantly building schedule.

I am still dubious over the point of a city to hold 300.000 people. It will not be needed for some time unless as I have argued before they decide to bulldoze large parts of the City.

well mushaireb..... but thats a different subject...

what mistakes did the pearl do ? its opening up in phases !! and its going great...

http://www.iloveqatar.net/images/logo.png

Mushaiab, oh come on, all those Indians and Pakistanis are suddenly going to purchase a property in Losail on their 1000 rial a month salary. Yup I can see that.

Also there is an awful lot of empty property in Town right now, adding to this is a good idea WHY ?

^^ Because there is DEMAND for it !! why do you think there building Barwa City, Barwa Al-Baraha, Barwa Village and Barwa housing project ?????? there is clearly a BIG deman for it.....

http://www.iloveqatar.net/images/logo.png

^^ you know there just waiting for them to be rented right ? Construction has NOT (again) stopped and will NOT stop anywhere.... and YES we did escspe the credit crunch go to the news, see how everyone is wondering how Qatar went up while all of the GCC is going down, the key word is Natural Gas... along with GTL and LNG...

http://www.iloveqatar.net/images/logo.png

Qatar son are you under the age of 15. Your Emir just GAVE commercial bank over 1 billion dollars because they were technically insolvent. Escaped the credit crunch ha ha.

Do u want me to dig out all the articles I posted about the credit crunch affecting the Country. You really are a naive person. I understand you might love your Country but your blind faith and stupidity if replicated across the Country could very well finish it off.


;) ;) :tongue3:

Qatar son are you under the age of 15. Your Emir just GAVE commercial bank over 1 billion dollars because they were technically insolvent. Escaped the credit crunch ha ha.

Do u want me to dig out all the articles I posted about the credit crunch affecting the Country. You really are a naive person. I understand you might love your Country but your blind faith and stupidity if replicated across the Country could very well finish it off.

You just said it yourself... he's under the age of 15, bit harsh calling him stupid, don't you think? You seem to never have ANYTHING good to say about Qatar on these forums, all I ever read from you is negative comments about literally anything and everything.

There is nothing wrong with criticism, and I too am completely opposed to blind faith, but being a bit more civil wouldn't hurt, aviduser. If you hate this country so much, why do you stay?

Also, there is no doubt that the credit crunch has affected Qatar significantly less than much of the rest of the world. I think most people know that it has had an effect - hell, just look at the stock market - but the country isn't exactly collapsing now, is it?

You just said it yourself... he's under the age of 15, bit harsh calling him stupid, don't you think? You seem to never have ANYTHING good to say about Qatar on these forums, all I ever read from you is negative comments about literally anything and everything.

There is nothing wrong with criticism, and I too am completely opposed to blind faith, but being a bit more civil wouldn't hurt, aviduser. If you hate this country so much, why do you stay?

Also, there is no doubt that the credit crunch has affected Qatar significantly less than much of the rest of the world. I think most people know that it has had an effect - hell, just look at the stock market - but the country isn't exactly collapsing now, is it?

Well said!

http://www.iloveqatar.net/images/logo.png

Don't try to hide your posts, you mentioned the construction industry accounts for 38% of Qatar's economy, well I wonder where you get your information, because its not that big and the government services account for about over 11% and is second after oil and gas. You're the same as the others in the international forums who have ruined the 2022 Qatar Fifa bid thread by telling silly questions and false information. Btw where did you get the source for the emir giving $1 billion to Commercial Bank?

OK I have been kind enough to remove my negative posts but I cannot simply stand by while people continue being so naive.

I admit there is clearly a cultural difference going on here.

Where I am from we are allowed to openly criticize our leaders and vote them out of office if we no longer believe in them. Clearly in this region you don't have that option. Instead everyone seems to blindly believe what they are told.

Here is an amazing tip type QATAR into google and click NEWS and you will be confronted by the real world, this is how I get my news.

Anyway I wasn't going to do this as I had already deleted them but what follows are the sources UNEDITED with URL Links to all the facts that I have stated.

Taken from the following source. Unedited except for bold tags added for emphasis.

http://www.arabianbusiness.com/press_releases/detail/38343

Doha Bank, one of the largest private commercial bank in the State of Qatar, recently announced that the Bank has completed all the necessary formalities towards the sale of the identified DSM equity portfolio to the government in a USD 147 million (QAR 537 million) deal as part of the government’s proactive measure to infuse liquidity in the market to support the ongoing developments of Qatar and the related financing needs.


Mr. R. Seetharaman, Chief Executive Officer, Doha Bank said “In this regard, the government has paid USD 66 million (QAR 239 million) in cash and USD 81 million (QAR 298 million) by way of issue of 5-year government bond carrying a fixed coupon of 5.5% annually”.

Mr. Seetharaman, continued saying “The identified DSM equity portfolio sold by us to government net book value as at February 28, 2009 stood at USD 147 million (QAR 537 million) and we also have the right to repurchase this entire portfolio, or any part of it, after a minimum period of 12 months from the date of sale and within a maximum period of 5 years at the original sale price”.

Mr. Seetharaman, continued saying “Qatar under the astute & visionary leadership of H.H. Sheikh Hamad Bin Khalifa Al-Thani, the Emir of the State of Qatar, is in the forefront in taking proactive economic measures, one like this, so that any risk arising there from are measured, monitored and managed. The current measure will also improve the risk profile of the local banking system and remove volatility in securities market. In fact after the government’s decision announced on the March 9, 2009 the market index has improved and moved forward positively”.

The bank’s announcement comes in light of the State of Qatar government’s decision on March 9, 2009 to purchase the DSM investment portfolios of local banks and the recent announcement by Qatar Central Bank informing that the government had bought USD 1.8 billion (QAR 6.5 billion) worth of local bank’s investment portfolios.

Mr. Seetharaman concluded saying “This proactive measure has started bringing market stability, will support us towards growth and improve the liquidity position of all the local players. This measure will go a long way in improving the earning capacity of the local banks”.

Taken from source:

http://www.arabianbusiness.com/549692-confusion-in-qatar

I have copied the first section of the article only as it's two pages long notice though the article is UPBEAT on Qatar.

Confusion in Qatar

Industry bosses are in agreement that Qatar has so far largely avoided the effects of the global financial crisis, but they appear to remain divided on what the future holds.

Although Qatar has currently been less affected by the global financial crisis than some other Gulf states, recent reports show the country may not be as immune as previously thought. Figures issued in a report by Kuwait investment bank Markaz, show 38% of Qatar's population work in real estate and construction, which is cited as "a possibility for over-dependence in the sector," compared with 12% in Saudi Arabia and 7.85% in the US.

However, despite the prevalence of doom-mongering in the Gulf, the attitudes of industry figures in Qatar appear decidedly positive.


THE ARTICLE CONTINUES

Taken from:http://www.arabianbusiness.com/property/article/547752-moodys-negative-on-qatari-banking-system


Moody's negative on Qatar banks


Credit ratings agency, Moody's, says the fundamental credit outlook for the Qatari banking system is negative, reflecting expectations of a weakening in operating conditions.
Related Stories


This follows many years of strong macroeconomic growth, which has fuelled the franchise development of Qatari banks.
In its new Banking System Outlook on Qatar the agency examines the likely future direction of fundamental credit conditions in the industry over the next 12 to 18 months. It does not represent a projection of rating upgrades versus downgrades.

While the direct impact of the international financial crisis on Qatari banks has thus far been limited, the agency's expectation is that the global recession will have an adverse effect on economic activity and the private sector's performance, including retail consumers, going forward.

"The negative outlook captures Moody's concerns about a deterioration in the asset quality of Qatari banks arising from, among others, decreasing demand in the property market, leading to falling real estate prices (as already seen in other Gulf countries)," says Elena Panayiotou, Moody's lead analyst for the Qatari rated banks.

As you can see all three articles are taken from the same source Arabian business, the first article is a press release from commercial bank. Arabian business is generally sympathetic to Qatar. I deleted many other articles but these illustrate the two main ones I am asked about above.

I do not make up figures, I have no reason to lie. I am trying to inform people that the generally accepted view that everything is fine in Qatar is not the complete picture.

There are people that read this site like myself who have made significant investments in Qatar. I believe those people have a right to the truth and to a more honest view of the Country.

OK I have been kind enough to remove my negative posts but I cannot simply stand by while people continue being so naive.

I admit there is clearly a cultural difference going on here.

Where I am from we are allowed to openly criticize our leaders and vote them out of office if we no longer believe in them. Clearly in this region you don't have that option. Instead everyone seems to blindly believe what they are told.

Here is an amazing tip type QATAR into google and click NEWS and you will be confronted by the real world, this is how I get my news.

Anyway I wasn't going to do this as I had already deleted them but what follows are the sources UNEDITED with URL Links to all the facts that I have stated.

What does where your from have to do with this? You are on these forums making it sound like the country's economy is at its knees while that is clearly not the case and insulting 15 year olds, is that the norm where your from? I am Arab, yet I have no problem criticizing things in a proper fashion, not simply bashing kids who don't know better. I call things as I see them, there is nothing in my culture stopping me or any other Arab from doing so.

Now that you've posted the above articles, we can actually have a proper discussion here. THAT is what I was looking for, rather than just calling an entire nation naive.

There is no doubt that Qatar's banks were to be affected. Many have investment porfolios in foreign countries, and banks around the world borrow heavily from each other, so the reduction in liquidity worldwide and the recession in many major economies was always going to have an effect on Qatar, as it did with most other countries. You yourself are naive if you think you are the only one aware of this - i've only been back from the UK for a week, yet repeatedly I have heard this topic discussed to death.

The thing that sets Qatar apart from most other countries is that it has a security net few other countries enjoy - and that is the oil and natural gas wealth which allows the government to step in and ensure things don't reach a critical point. So, while the banks certainly are feeling the effects of the credit crunch, the Qatari government has the capability of ensuring that the effects of this are minimal. While I do believe that the private sector should be able to support itself, and the government's intervention clearly shows the country has been affected, the fact remains that the Qatari government is able to ensure that the effects of the crisis are minimal.

Compare this to the failures we have been seeing recently around the world, whether it is Northern Rock and RBS in the UK, AIG's huge bailouts, the recent Obama bailout plan, etc. Compare this to the debt Dubai is suffering from; it is estimated that Dubai's foreign debt currently stands at $100 billion, compared to $17 billion in 2003, which translates to $400,000 of debt per citizen. The situation in Qatar, while not as rosy as some would like us to believe, is not nearly as bad as it is in large parts of the world. $1.8 billion is a drop in the bucket compared to the situation in many places.

Halawala - sorry if this discussion is going completely off topic, may I suggest that we move all of the above posts to a separate thread about the economic crisis in the discussions section?

^^:applause:
Couldn't agree more.

Avid, the crisis is worldwide and in Qatar too, but it’s all about how it is being tackled that leads people to say that Qatar is sitting well. The point is, Qatar can afford the minimal support package it has implemented. In other places, there are throwing hundreds of billions of dollars into just every kind of industry to avoid a collapse…and you know how they finance it? By printing money they don’t have! You should get paranoid about this, not about Qatar!

By the way, Qatar will most probably be the fastest growing economy in the world in 2009 with around 10% growth, why didn’t you post articles about that? This estimate is from reliable sources too, you know.

I am not arguing that Qatar has enough money to pay it's debt I was responding to the accusation that I was making things up.

I am not entirely sure that the Countries finances are quite as secure as you think they are but that is another matter. Gas for example presently costs almost more to produce than it does to sell.

Qatar will have 10% growth and will no doubt continue growing but that 10% means nothing to an investor like myself. I am worried about the micro economic picture. 10% growth does not tell the whole story about actual economy. People have a right to know more about the country they are thinking of investing in.

When I invested in the Country I saw the headline figures of 24% GDP growth and thought that would be directly translated into wealth in the greater economy as it would most in most other Countries. It was only after a time that I realised that it works differently in Qatar

I can see that there are not enough people here to fill the amount of property being built. That as an outside investor matters much more than if the economy is growing at 10 or even 50%.

Anyway till a thread is created for this lets leave it at that. I have a wider audience else where.

WHERE HAS THE FRIENDSHIP CAUSEWAY THREAD GONE !!!!!!!

It's just been delayed again and a redesign is going to cost 1 BILLION.

News about the causeway from the Bahrain forum

http://www.skyscrapercity.com/showthread.php?t=155039&page=6

I doubt this is on hold. I imagine what that guy heard was that certain PLOTS in certain areas are on hold due to the financial crisis. This project is almost completely Government sponsored. It's people like DAMAC that will put on hold projects as they have NO money

Damac tried very hard to get into projects in Bahrain and finally they got a plot in Bahrain Bay. After the financial crises they pulled out of their agreement with BB using the excuse that the plot was not sea facing and thank god for that.

Qatar Energy City's work powers ahead

Basic infrastructure work at the multibillion dollar Energy City Qatar, the Gulf region’s first oil and gas industry hub, will be completed by the year-end, chief executive officer, Hesham al-Emadi, has said.

Most of the 54 developers are preparing to begin construction at their sites this year, al-Emadi said. Some 52 projects are being set up at Energy City Qatar (ECQ) in 92 plots.
“Most of them are currently working on the concept design. We have provided them with the infrastructure to begin work at ECQ,” al-Emadi told Gulf Times yesterday.
He said 70% of the infrastructure work had already been completed at Energy City Qatar, part of the major new city development at Lusail, which in addition to major business and entertainment districts, will be home to some 200,000 people.
Launched by Gulf Energy, ECQ aims to attract the industry leaders in oil and gas production, international and national oil companies, support services, infrastructure and downstream activities, shipping and trading, market and resource data and intellectual property.
“Once our physical infrastructure is ready, I am quite sure lot of major international energy companies will consider moving there. That’s kind of facilities we are setting up at the Lusail development,” al-Emadi said.
Asked whether the global economic downturn had impacted the project development he said: “A majority of our developers are real large-scale players and will not find difficulty raising finance. But some smaller developers may get affected as banks tighten lending due to the global economic crisis. But only a handful of our developers are of that scale.”
Al-Emadi said Energy City Qatar would sign a “major agreement” within a few days. But he did not elaborate.
“We are upgrading a MoU signed earlier. It is a major deal,” he said.
He said the project was on schedule. “We are looking at the project completion by 2011,” al-Emadi said.
ECQ will be a single point of access to markets and expertise, the Middle East home for global players in the hydrocarbon value chain.
“Energy City has the full support of the Qatari government and we aim to lead the way in ‘hydrocarbon above ground’ resource development,” he said.
He also said work on similar projects in India and Libya was expected to begin this year. The project in India near Mumbai is being set up at a cost of $10bn. The Libyan project will exceed $6bn.

Energy City issues tenders for Lusail buildings

Qatari developer Energy City has invited contractors to bid by 26 August for a contract to build low-rise buildings at the Energy City development at Lusail.
The contract involves the construction of three buildings: a five-floor office building, a three-floor bank building and a single-storey data centre.

The total built-up area is 81,000 square metres. Contractors expect construction to start in October and the contract will run for 16 months.

The Qataris have also approached contractors to work on the Qatar Petroleum (QP) Complex, which is also in Lusail.

The national oil company will use the complex to centralise all of its Doha-based functions.

The complex includes a main office tower and a series of interconnected mid-rise office buildings that will house about 3,000 QP employees.

The QP complex will also have a medical centre, corporate training facilities, data centres, multi-floor car parks, recreational facilities, a sports stadium, and associated infrastructure.

http://img20.imageshack.us/img20/3159/49284381.jpg (http://img20.imageshack.us/i/49284381.jpg/) http://img20.imageshack.us/img20/49284381.jpg/1/w749.png (http://g.imageshack.us/img20/49284381.jpg/1/)

ehhem.. mrs.suzan... thats entertainment city and its certainly not energy city,,

here are some pics found from their official site:
sorce & for more:
http://qatar.energycity.com/
http://img41.imageshack.us/img41/3390/22034792.jpg (http://img41.imageshack.us/i/22034792.jpg/)
http://img44.imageshack.us/img44/9047/52618122.jpg (http://img44.imageshack.us/i/52618122.jpg/)
http://img42.imageshack.us/img42/1852/14917639.jpg (http://img42.imageshack.us/i/14917639.jpg/)
http://img193.imageshack.us/img193/694/44910871.jpg (http://img193.imageshack.us/i/44910871.jpg/)
http://img41.imageshack.us/img41/2337/98755365.jpg (http://img41.imageshack.us/i/98755365.jpg/)
http://img44.imageshack.us/img44/449/45142633.jpg (http://img44.imageshack.us/i/45142633.jpg/)
http://img36.imageshack.us/img36/5710/55675580.jpg (http://img36.imageshack.us/i/55675580.jpg/)
http://img29.imageshack.us/img29/553/24107364.jpg (http://img29.imageshack.us/i/24107364.jpg/)
http://img136.imageshack.us/img136/976/97906192.jpg (http://img136.imageshack.us/i/97906192.jpg/)
http://img33.imageshack.us/img33/9970/37289645.jpg (http://img33.imageshack.us/i/37289645.jpg/)
http://img136.imageshack.us/img136/1153/99074382.jpg (http://img136.imageshack.us/i/99074382.jpg/)
http://img3.imageshack.us/img3/6254/76970685.jpg (http://img3.imageshack.us/i/76970685.jpg/)
http://img196.imageshack.us/img196/1586/60348790.jpg (http://img196.imageshack.us/i/60348790.jpg/)
http://img40.imageshack.us/img40/7776/95090293.jpg (http://img40.imageshack.us/i/95090293.jpg/)
http://img3.imageshack.us/img3/2236/97899751.jpg (http://img3.imageshack.us/i/97899751.jpg/)
http://img6.imageshack.us/img6/952/97169868.jpg (http://img6.imageshack.us/i/97169868.jpg/)
http://img6.imageshack.us/img6/5241/50350863.jpg (http://img6.imageshack.us/i/50350863.jpg/)
http://img140.imageshack.us/img140/4900/39792407.jpg (http://img140.imageshack.us/i/39792407.jpg/)
http://img6.imageshack.us/img6/1282/96535114.jpg (http://img6.imageshack.us/i/96535114.jpg/)
http://img140.imageshack.us/img140/7071/80709174.jpg (http://img140.imageshack.us/i/80709174.jpg/)
http://img3.imageshack.us/img3/474/89322563.jpg (http://img3.imageshack.us/i/89322563.jpg/)
http://img76.imageshack.us/img76/7926/27615270.jpg (http://img76.imageshack.us/i/27615270.jpg/)
http://img3.imageshack.us/img3/2479/67369662.jpg (http://img3.imageshack.us/i/67369662.jpg/)
http://img3.imageshack.us/img3/8782/49829705.jpg (http://img3.imageshack.us/i/49829705.jpg/)
http://img41.imageshack.us/img41/9850/53980133.jpg (http://img41.imageshack.us/i/53980133.jpg/)
http://img156.imageshack.us/img156/1930/69847386.jpg (http://img156.imageshack.us/i/69847386.jpg/)
http://img6.imageshack.us/img6/3833/21023226.jpg (http://img6.imageshack.us/i/21023226.jpg/)

Looks well designed and spacious!

now thats an energy city!:cheers:

Can someone let me know why the use of solar technology has not been adopted enmass here in Qatar?

Can someone let me know why the use of solar technology has not been adopted enmass here in Qatar?

Does anyone know of any particular initiatives other than GreenGulf (their website's as useful as a Qatari construction worker i.e. there's no such thing!) or that token project to 'research' the 'potential' for mass production of solar panels in the country started by the Qatar Science and Technology park earlier this year.

^^ they will be building a solar power plant so that the entire education city area buildings run on green energy....

who is the main contractor for Energy city?

Qatar's Energy City infrastructure to be complete in 2010

DOHA June 27 (Reuters) - Infrastructure for Qatar's Energy City, a $2.6 billion property development aimed at attracting international energy companies, will be completed this year, the project's chief executive officer said on Sunday.

First tenants will move in at the end of 2011, with the project to be completed in full in 2012, Hesham Al-Emadi told Reuters.

The group signed an agreement with Qtel (QTEL.QA: Quote) earlier this year to build the data centre serving more than 90 buildings, Al-Emadi said.

Energy City is being developed by Qatari Diar, the property wing of the country's sovereign wealth fund, the Qatar Investment Authority. The project will house the headquarters for state-run Qatar Petroleum and other national energy and petrochemical companies. (Reporting by Regan E. Doherty; Editing by Greg Mahlich)

SOURCE (http://af.reuters.com/article/energyOilNews/idAFLDE65Q07S20100627)

ITG signs pact with Energy City to build smart-city system

Smart building solution provider Integrated Technical Group Co (ITG) yesterday signed an agreement with Energy City Qatar to design and build a smart-city system for the multi-billion dollar project.
The system, once operational, will make Energy City a self-running locality with minimum reliance on human element, officials said.
The agreement was signed in the presence of ITG board chairman Sheikh Abdullah bin Nasser al-Thani by ITG deputy chairman and CEO Eng Osama al-Omar and from ECQ, its CEO Eng Hesham al-Emadi.
The fully-integrated smart-city system by ITG, established in 2006, will provide security, monitoring, safety, building and infrastructure control services, traffic control, energy management, and other services to ECQ.
The estimated cost of the agreement is over QR400mn, officials said.
Al-Emadi said: “ECQ is the city of future and this e-city will rely on highest standards of connectivity and efficiency that can help the global energy industry achieve peak performance.”
ECQ has been designed to be the first fully-serviced e-city and fully-connected business cluster in the world.
Sheikh Abdullah said: “Our smart-city system is currently receiving significant attention among many major real estate projects developing specialised developments in Qatar and the region. It is also expected to provide support to the efforts underway in preparation for the 2022 FIFA World Cup to be held in Qatar.”
Al-Omar said: “Our system is based on an innovative model, which is the first of its kind. In fact our model has surpassed the others proposed by many international companies, in that it relies on specific standards and criteria that apply to the smart city concept, and is fully focused on defining and describing the various applications needed to operate and manage the city.”
According to him, the various components of the smart-city solution will work under a single integrated structure, offering centrally-coordinated and homogeneous automated services to the city and its various parts, without conflicts.
“It will be capable of containing various incidents that may occur in the city, such as entryways, buildings, intersections and other components, as soon as they happen, and then implementing the appropriate response in accordance with the rules adopted by the city’s management,” al-Omar said.

Energy City infrastructure ‘completion by mid-2011’



The infrastructure of Energy City Qatar (ECQ), a multi-billion dollar project in Lusail City, is expected to be completed in mid-2011, a senior official told Gulf Times yesterday.
ECQ chief executive officer Eng. Hesham al-Emadi said the delay has been due to some technical changes to original design.
“There was an agreement to go green. There was also the decision to install district cooling system. We had to dig again,” al-Emadi told Gulf Times, on the sidelines of an agreement signing with a local company to provide smart-city solutions to ECQ.
“We don’t consider it a delay. It is an extension of the kind of world-class facilities the project will have,” he said.
First tenants are now expected to move in at the end of 2012.
According to al-Emadi, work is moving ahead despite some hurdles, with district cooling system including laying of pipelines etc close to 50% completed and streets in ECQ “45-50%” completed.
Earlier in June, the official had said infrastructure will be ready by 2010-end, enabling first tenants to move in at the end of 2011, and the project to be completed in full in 2012.
“This shifting of six months has never affected our building programme. Of the 45 developers on board, close to 30 have their concept designs ready,” al-Emadi said.
Construction is expected to start in 2011.

:bash:

A recent article to revive this dead thread (and project!)

QSTec to incorporate solar energy into Energy City Qatar developments following MoU signing

Qatar Solar Technologies (QSTec) committed to helping Energy City Qatar (ECQ) incorporate solar panels and technologies into its future developments by signing a Memorandum of Understanding on Tuesday.

http://static.amefiles.com/images/news/large/6/1407376-work-qstec.jpg

Dr Khalid Klefeekh Al Hajri, Chairman and CEO of QSTec and Rashid Nasser Sraiya Al Kaabi, Chairman of Energy City both signed the MOU at ECQ's offices in West Bay, Doha.

By incorporating QSTec's solar panels and technologies into its buildings, ECQ will meet national building standards such as QSAS and silver and gold LEED certifications; codes designed to encourage organizations to use environmentally friendly and sustainable energy sources in buildings.

Dr Khalid Klefeekh Al Hajri, Chairman and CEO of QSTec, "QSTec is well on its way to building a brand new industry of solar energy for Qatar so we are pleased to be joining forces with Energy City Qatar, one of Qatar's most important projects, to collaborate on developing solar solutions that meet their needs."

"We aim to work with all Qatari organisations and institutions that are looking to utilise solar energy to become more sustainable. This MOU will see us working together to develop sustainable energy solutions that will have a positive effect on the environment and we expect to see many more local organisations adopting solar technologies in the future," added Dr Al Hajri.

Commenting on the signing of the MoU, Rashid Nasser Sraiya Al Kaabi, Chairman of ECQ stated, "Energy City Qatar was the first to implement the Green and Sustainable building concepts in Qatar. With both LEED and QSAS certifications, the concept and creation of ECQ stands on the firm grounds of sustainability. We are delighted to see that green building and sustainable construction that includes the adoption of alternative energy systems is widely accepted and showing an upward trend in Qatar and the region."

"It is an honour to be the first real estate company to sign with QStec, a company that shares our vision in building a more sustainable future for our nation. We are advocates of the Qatar National Vision 2030 and we will seize every opportunity that will help realize this vision." Added Al Kaabi.

"Our city wide use of solar energy was originally designed to reach 6 megawatts (MW) but with this collaboration with QSTec we aim to increase Energy City's use of solar power to 9 MW which represents around 15% of the total energy usage at ECQ" said Al Kaabi.

Qatar Solar Technologies' number one priority is providing solar solutions that are sustainable, efficient and the very best quality. QSTec will start by producing high quality, solar grade polysilicon; the key ingredient that goes into making the world's most efficient solar technologies such as solar cells and modules that convert the power of the sun into energy. This solar energy will provide a sustainable alternative source of energy whilst conserving and protecting Qatar's natural resources for the future.

In the not too distant future, QSTec hopes to build solar modules made in Qatar, made from QSTec's own polysilicon and then exported to the rest of the world.

Built on 1.2 million square meters of land in Ras Laffan Industrial City, Qatar, QSTec's US$1 billion polysilicon manufacturing plant will produce 8,000 metric tons per year (MTPY) of polysilicon per year but it is designed to expand as demand grows. Eventually, more than 45,000 MTPY of polysilicon can be produced with the plant being designed to seamlessly incorporate ingots, wafers, cells and module manufacturing facilities.

ECQ is a fully integrated business cluster that will be the Gulf's first oil and gas industry commercial hub. ECQ will be a single point of access to the Middle East and global Oil & Gas players in the hydrocarbon value chain.
The Memorandum of Understanding agreement is another affirmative step for QSTec to provide Qatar with a sustainable source of energy.