Dubai-Mubasher: Emirates Building Systems (EBS), a subsidiary of Dubai Investments, completed projects worth AED132 million ($36 million) in the first half of 2015, in the light of escalating demand for steel structures in the region.

EBS successfully executed 26 contracts including a number of prestigious projects such as the IMG Theme Park in Dubai in UAE, Al Khor transfer station in Qatar, a petrochemical plant in Algeria, a ship-building facility in Dubai and warehouses in Somalia, according to a statement.

The company recorded a 19% year-on-year growth in the period under review compared to 2014, said statement.

The strong year-on-year growth reflects the potential of EBS’ wide product portfolio catering to various sectors, EBS General Manager Samir Akra said, adding that the company is well-positioned to cater to this burgeoning market demand and complete even the most challenging of steel building projects to world-class standards.

As a step to reinforce its market leadership in the sector, EBS had announced the launch of the first-of-its-kind buckling-restrained braces (BRB), which elevate safety guidelines in existing and new buildings by mitigating seismic risks.