Egypt’s Arab Contractors Company will be partnering with UAE-based Al Ghuarair Properties to build two new hotel buildings in downtown Dubai, reported Amwal Elghad.
Two four-storey building will be constructed, along with 10 other buildings, which the Arab Contractors will start constructing in January, according to the company’s Chairman, Mohsen Salah.
The contract includes the construction of the first phase of a larger set of project at a cost of approximately EGP 1.45 billion (AED 600 million), as well as several other projects in the UAE, including a 72-storey building, a 65-storey building in 2020, and a 35-storey building that will be finalized in 2018, according to Youm7.