Author: Paromita Dey

Al Futtaim Carillion has won the $600mn main contract for the key development of the three Theme Districts at Expo 2020 Dubai, seeing off competition from 34 other contractors from around the world. The three districts will be named Opportunity, Mobility and Sustainability after its three sub-themes and the design will reflect traditional Dubai architecture. In total, the Theme Districts and the buildings within them will have a floor area of 222,000 square meters. When Expo 2020 Dubai opens on 20 October 2020, the districts will be home to 136 pavilions for many of the participating countries, non-governmental organisations (NGOs) and…

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RAK Properties has signed an AED 11.5mn ($3.13mn) enabling works contract with Al Nuaimi Group for its upcoming InterContinental Ras Al Khaimah Mina Al Arab Resort. Operated under the InterContinental Hotels Group’s (IHG) luxury brand, the 350 key resort is set to open in 2019. RAK Properties Managing Director and CEO Mohammed Sultan Al Qadi said: “Marking the next phase of Mina Al Arab, the InterContinental Ras Al Khaimah Mina Al Arab Resort and other planned hotels and resorts are pivotal elements in our Mina Al Arab masterplan. “As Ras Al Khaimah’s new entertainment and lifestyle hub, Mina Al Arab…

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DAMAC Properties has awarded Commodore Contracting Co with the AED 200mn ($55mn) main contract to build the Merano Tower in Business Bay, Dubai. The project is a 29-storey residential tower due for completion in 2019. Excavation works are in progress up to raft level and the de-watering system is connected. Mohammed Tahaineh, Senior Vice President – Commercial, DAMAC Properties, said: “We are pleased with the contractors we have appointed and which represent a significant portion of the construction of Merano Tower, where we continue to make steady progress. “We strive to appoint leading contractors and consultants in the industry with…

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