• HSBC

Arabtec secures Dh3bn deal

  • United Arab Emirates: Sunday, June 08 - 2008 at 08:09

Arabtec Construction has been awarded a Dh3bn ($816m) deal to build 1,500 homes at Nakheel's Al Furjan development in Dubai. The deal is the company's largest UAE contract so far this year. Construction on the villas and terraced homes will begin in August, with the first completions expected in late 2010.

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