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Dubai Investments unit wins $38m projects

Dubai, December 15, 2013

Glass, a wholly-owned subsidiary of Dubai Investments, said its coating lines, comprising Emirates Glass and Saudi American Glass, have won Dh140 million ($38.1 million) projects over the last quarter.

The announcement comes amid a sharp surge in construction and infrastructure projects across the GCC, Indian subcontinent and the region, it said.

The new orders for the company's VitroGlaze, an eco-friendly glass, included Dh50 million for India projects, Dh20 million for a Saudi railway station project, Dh20 million for projects in Turkey and Lebanon, and Dh8 million for a Qatar project.

Ziad Yazbeck, senior VP (Sales and Marketing), said: “The construction market has picked up pace in the region, driving the demand for high quality glass. We have an excellent portfolio of ongoing projects, which has cemented our credibility and position as a trusted supplier of glass products for iconic real estate projects in the region.”

“Glass provides premium quality glass solutions to the construction, automotive, security and defence industries across domestic and international markets,” he added. - TradeArabia News Service




Tags: Glass | order | DI | Eco-friendly |

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