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Arabtec clinches $181m Dubai tower contract

Dubai, September 7, 2008

Arabtec Holding, the UAE's largest construction firm by market value, said on Sunday it received a Dh664 million ($180.8 million) contract from Saba Properties to build a tower in Dubai.

Under the deal, Arabtec will build a 222-metre high commercial building to be completed by the first quarter of 2009, it said in a statement.-Reuters




Tags: tower | contract | Arabtec Holding | Saba Properties |

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