Business Showcase

The geography of southern Europe is dominated by mountain ranges such as the Alps and the Pyrenees. Although the mountainous terrain contributes to the outstanding natural beauty, for millennia, it has confounded travelers, often leaving them with no choice but to face arduous and sometimes dangerous journeys around the mountains to reach their destinations.

The Talara Oil Refinery, located in a desert district a little over 1,000km from Lima,  is Peru’s second largest oil refinery. Since the refinery was first established, at the outset of the 20th century, it has played a central role in Peru’s domestic energy scene. It has an output of around 65,000 barrels per day (bpd), making it one of the largest in the Petroperú portfolio. In addition, it produces domestic LPG, motor gasoline, solvents, A-1 turbo, diesel, kerosene, industrial oils and even asphalt. 

Portugal has made an exemplary rebound from the financial crisis that began 10 years ago. This rebound has been driven by its capital city Lisbon, which has gained a reputation across Europe as something of a tech hub. Its hosting of Web Summit, the world’s largest tech event, attracts the greatest minds in technology to the Portuguese capital every year - over 200,000 people in total.

When the Web Summit chose Lisbon as its destination in 2016, it cited the city’s infrastructure as one its main motivations for doing so. A key component in this infrastructure is Metro Lisboa, the city’s metro network. In 2019, it will celebrate 60 years of service to ‘Alfacinhas’ (as Portuguese people affectionately call people from their capital), so we decided it was a good time to check in on the metro and admire its progress. 

The importance of mining to the economy of the Dominican Republic cannot be understated. Figures recently released by the consulting firm Analytica bear this out; over the past 8 years, mining has represented 17% of the country’s FDI (foreign direct investment), 36% of its exports, and 17% of its receipts from direct taxes owing to employment.

The Spanish island of Tenerife is not only one of Spain’s most popular tourist destinations - welcoming over 5 million tourists per year - it could also lay claim to having the fastest-growing population of any region in Europe. Between 2000 and 2017, its population rose from 709,365 to 865,070 - an increase of a phenomenal 3.14% per year. Fast forward to 2018, and the population is closing in on 900,000 people.

When Anheuser-Busch InBev merged with South African Breweries (SAB) back in 2016, it was already the biggest brewer by volume in the world. As a result of the merger with SABMillerwhich is an integral part of the social fabric of South Africa, it was able to gain a foothold in Africa - widely regarded as the most prospective market in the world for beer sales

Athens International Airport (AIA) is a prime example of the difference that business excellence can make. In 2013, passenger numbers had fallen to a 10-year low as Greece suffered a post-financial crisis. Fast forward 5 years, AIA has witnessed a dynamic growth with all-time record in terms of Passenger number, Flights, Cargo traffic culminating with a strong Financial Performance

Successful collaboration could be said to be the unifying link between all successful projects. In a recent interview with Kevin Ryan, COO for developer Gulf Central, he was keen to stress the role of Brookfield Multiplex in the Al Maryah Central project in Abu Dhabi. Notably, Mr. Ryan commented how long Gulf Related spent looking for a partner before deciding Brookfield Multiplex was ideal.

Gulf Related is the latest in a growing line of impressive companies rising in the Middle East combining financial acumen and real estate wizardry. Long associated with oil wealth, the region is now producing companies in areas as diverse as technology, education, renewable energy and development. Into that last category comes Gulf-Related, a real estate company based in Abu Dhabi, the capital of the UAE.