Al Naboodah Contracting appointed to commence construction works on Oberoi Centre

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Rani International Development LLC, the wholly-owned subsidiary of the Aujan Group, today announced the appointment of Al Naboodah Contracting LLC to undertake the construction works of the Oberoi Centre in Business Bay.

United Arab Emirates: Tuesday, July 22 - 2008 at 13:02
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Al Naboodah Contracting LLC will mobilize on site in Business Bay in July, following the completion of the project's enabling works. Once completed, this distinctive project which comprises an office tower and the world-class Oberoi Hotel, will be a distinctive architectural landmark at the main entrance of Business Bay.

Mr. Maher Al Aujan, Managing Director of Rani International Development LLC says:

'We are very excited with the award of the Oberoi Centre main construction works contract. We have engaged world class design team on this distinguished development and it will be very exciting and fullfiling to see it off the ground. The construction works will take 24 months and we are confident that Al Naboodah Contracting LLC will deliver our vision for this project as we have planned it.'

Mr. Maher Al Aujan adds, 'We have award-winning professional firms working closely together to ensure this project in Business Bay is completed and delivered to the satisfaction of our clients.'

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About Rani International Development LLC:
Rani International Development LLC is a wholly-owned subsidiary of the Aujan Group formed to develop and invest in real estate field. It was established to operate in the Gulf and worldwide, seeking distinguished investment opportunities for its clients. The company has witnessed enormous growth since establishment having a portfolio of three projects in the Business Bay development area, two of which are the 'Oberoi Centre' and the 'Blue Bay' which have already been launched together with two new towers under design in the Down Town Jebel Ali Development.

About Aujan Industries:
Established in 1905, Aujan Industries is the largest privately owned, independent soft drink and confectionery manufacturer, marketer and distributor in the Middle East with over 2,200 employees and turnover in excess of $500m, Aujan Industries is rated amongst the top 100 companies in the Kingdom of Saudi Arabia. The Company's greatest strength is its well established own brands namely: Rani, Barbican, Vimto and Hani.

For further information, please contact:
Houri Elmayan
Memac Ogilvy & Mather Public Relations
Dubai, UAE
Office: +971-4-3050330
Fax: +971-4-3050306

Posted by Siba Sami Ammari
Tuesday, July 22 - 2008 at 13:02 UAE local time (GMT+4)

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