Major Developments Promotes Salih Elalo as Chief Projects Officer
Real Estate

Major Developments Promotes Salih Elalo as Chief Projects Officer

Major Developments has elevated Salih Elalo to the role of Chief Projects Officer (CPO), recognising his leadership, project delivery record, and expertise in driving landmark developments across the UAE. 

With over 20 years of experience, Elalo has overseen residential, hospitality, mixed-use, and large-scale infrastructure projects. Since joining the company in 2023 as Projects Director, he has led signature developments including Manta Bay—the world’s first Sky Beach project in Ras Al Khaimah—ensuring world-class standards in design and innovation. 

Commenting on his promotion, Elalo said: “It is an honour to take on the role of Chief Projects Officer at such an exciting time for Major Developments. I look forward to building on our momentum, advancing architectural excellence, and ensuring our projects continue to set benchmarks in quality and innovation for our clients and communities.” 

CEO Andrei Charapenak added: “Salih’s promotion reflects his outstanding leadership, technical depth and relentless commitment to project delivery. His strategic vision and hands-on expertise will be vital as we accelerate our development pipeline and reinforce our position as a leader in the UAE’s luxury real estate sector.” 

The appointment comes as Major Developments continues expanding in prime locations, supporting Ras Al Khaimah’s vision for world-class urban environments. 

Major Developments has elevated Salih Elalo to the role of Chief Projects Officer (CPO), recognising his leadership, project delivery record, and expertise in driving landmark developments across the UAE. With over 20 years of experience, Elalo has overseen residential, hospitality, mixed-use, and large-scale infrastructure projects. Since joining the company in 2023 as Projects Director, he has led signature developments including Manta Bay—the world’s first Sky Beach project in Ras Al Khaimah—ensuring world-class standards in design and innovation. Commenting on his promotion, Elalo said: “It is an honour to take on the role of Chief Projects Officer at such an exciting time for Major Developments. I look forward to building on our momentum, advancing architectural excellence, and ensuring our projects continue to set benchmarks in quality and innovation for our clients and communities.” CEO Andrei Charapenak added: “Salih’s promotion reflects his outstanding leadership, technical depth and relentless commitment to project delivery. His strategic vision and hands-on expertise will be vital as we accelerate our development pipeline and reinforce our position as a leader in the UAE’s luxury real estate sector.” The appointment comes as Major Developments continues expanding in prime locations, supporting Ras Al Khaimah’s vision for world-class urban environments. 

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->