The National - Abu Dhabi,United Arab Emirates
Arabtec Holding, the largest construction firm in the UAE by market value, has been awarded its second contract in a month from Emaar Properties – a Dh1.6 billion (US$435.6 million) deal to build 1,437 villas at the Bawadi project in Dubailand. ...Emaar and Tatweer are developing 6.5 million square metres of land at Bawadi, a project that has an overall investment of Dh200bn and is set to be the largest hospitality and leisure development in the world ....development in Dubai as well as a Dh638m contract from Cayan Investment and Development for the construction of two residential towers at Dubai Marina. ...But its largest contract this year was a Dh10bn deal to build the 400-metre-tall Okhta Centre in St Petersburg on behalf of Gazprom Neft, the oil subsidiary of the...
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