Sunday 24 June 2018

Manazel in deal to develop three new UAE projects

Abu Dhabi developer Manazel Real Estate has signed an agreement with Tasameem Real Estate to develop three new projects in the UAE at Yas Island (Abu Dhabi), Dubai Silicon Oasis and Jumeirah Village Triangle (JVT). With a cumulati


Arabtec launches venture with Samsung

Arabtec, the construction firm part-owned by Abu Dhabi state fund Aabar, said it launched a joint venture with South Korea's Samsung Engineering Co that would focus on large energy and power-related projects in the region. Eac


Arabtec wins $193m Dubai tower contract

Dubai contractor Arabtec said on Sunday it won a 710 million UAE dirham ($193.3 million) contract to build a tower in Dubai. The contract value is for the first stage of the project. The project will take 38 months to complete, it said in

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