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Nakheel awards Dh595m contract for Nad Al Sheba Mall

Nad al sheba

Nakheel awards Dh595m contract for Nad Al Sheba Mall. Nakheel has awarded a contract of Dh595 million for the Nad Al Sheba Mall, a 1.4 million square foot facility that has a total development value of Dh825 million. Metac General Contracting Co will build the mall, which will have 200 shops, restaurants and entertainment outlets…

Arabtec profits more than triple to Dh63.6m

arab tec

Arabtec profits more than triple to Dh63.6m. Arabtec Holding saw its profits more than triple in the first quarter of 2018 to reach Dh63.6 million, up from Dh17.6 million in the same quarter last year. The jump came as the Dubai-listed construction company continues to implement a turnaround plan and as profit margins increased in…

Dubai Real Estate Institute concludes successful visit to Jordan

Dubai

Dubai Real Estate Institute concludes successful visit to Jordan Dubai Real Estate Institute (DREI), the educational arm of Dubai Land Department (DLD), has concluded its successful business trip to Jordan. During the visit, which was led by CEO of DREI Mahmoud El Burai, the delegation met senior officials from a number of government and private…