Altaaqa Global Breaks Ground for Its Headquarters

L-R: Steven Meyrick, Board Member, Altaaqa Global; Haytham Zahid, Deputy Regional Manager, Zahid Tractor; Majid Zahid, Strategic Accounts Director, Altaaqa Global; Usman Mahmood, Director, Finance and Accounting, Zahid Group; Mr. Fahad Zahid, Chairman, Altaaqa Global; Justin Wilshaw, SVP for Commercial, DWC; Tariq Albadri, Director for Business Development, DWC and Mohsen Ahmad, VP of Logistics District, DWC
Altaaqa Global CAT Rental Power, the global provider of temporary power solutions, broke ground for its new headquarters at the Dubai World Central, on December 3, 2014. Located on a 40,000 square meter land, the facility will house the head office, a state-of-the-art control center, a training center, an equipment servicing center, and recreational areas, serving as the hub of the company’s worldwide operations. The groundbreaking was led by Altaaqa Global Chairman, Mr. Fahad Y. Zahid, and was attended by company executives, personnel and distinguished guests.
Commenting on the occasion, Mr. Fahad Y. Zahid said, “The headquarters, once completed, will propel Altaaqa Global, in a short period following its inception, into a global operator with its own resources to manage, maintain and service its assets in-house. The facility will also give the company the means to control its global footprint from one central station. With a professional and passionate team eager to serve and provide vital power on demand, we are enthusiastic about Altaaqa Global’s future and ability to expand in many countries where electricity is in high demand and scarce.”
In his keynote speech, Steven Meyrick, Board Representative of Altaaqa Global, said, “Immediately following this ceremony, we will start building the first totally dedicated Caterpillar IPP facility in the world. Although we all look forward to the completion of the construction phase of our facility, the company will not achieve greatness by bricks and mortar: These are simply tools. It will always boil down to the quality and dedication of a company’s employees: They alone will transform a good company into a great one.”
Also part of the groundbreaking festivities, there was a symbolic planting of a date palm tree by Mr. Fahad Y. Zahid.
Commenting against the backdrop of the ceremony, Peter den Boogert, General Manager of the company, said, “This date palm tree symbolizes our company. Just like this tree, if we take care of our company and give it the necessary attention and dedication, it will grow to be stronger and sturdier.”
Altaaqa Global was the product of Zahid Group’s decision to capitalize on the success of its 1.3 GW temporary power project business in Saudi Arabia, called Altaaqa Alternative Solutions (Altaaqa Saudi). After several fruitful years in the energy industry, Zahid Group conceived Altaaqa Global to replicate the success of Altaaqa Saudi on an international scale.