Arabtec Unit Wins 2 New Projects

Arabtec Unit Wins 2 New Projects

Arabtec Holding says its wholly-owned subsidiary wins new contracts, Invest-Gate reports. Target Engineering Construction Company was awarded two new projects worth AED 3.2 mn.

In early July, Target won four projects valued at AED 289 mn related to a number of projects in the Western Region, Business Bay, Taweelah Area, and Das Island, according to a bourse statement.

Arabtec’s wholly-owned subsidiary Arabtec Construction was also awarded a contract worth AED 363 mn for the construction of the Dubai South Mall earlier this month.

Menna A. Farouk 368 Posts

Menna A. Farouk is a Cairo-based reporter. She has contributed to several international news organizations, including Deutsche Welle, Al-Monitor and Global Voices.


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