Damac Awards $218m Contract for Lakeside Project.

Damac awards $219m IMPZ contract
Trade Arabia - Manama,Bahrain
Luxury lifestyle provider Damac Properties has awarded a Dh805 million ($219 million) contract to Intermass Engineering and Contracting Company for its Lakeside project at International Media production Zone (IMPZ). ...The company's previous two projects - the Crescent and Lago Vista in IMPZ... Lakeside will have studio and one-bedroom apartments with state-of-the-art accessories...

Also Damac Properties currently has five projects under development in under development in Egypt
Damac Properties, the luxury lifestyle provider and Middle East's largest private sector master developer, announced that it currently has five projects... Progress on all projects is ongoing, and Damac has upgraded the Park Avenue project at the Cairo/Alex Desert Road with an extra cost of LE170m whilst retaining the original unit prices. ...Nine Damac offices have been opened in Marghani, New Cairo, Orouba, Maadi, Nile City, Cairo/Alex Desert Road, Heliopolis, Sharm El Sheikh and Hurghada with an additional four to come.