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