SODIC, AAIB Sign Contract to Increase Credit Facility

Cairo-based real estate developer Sixth of October Development and Investment Company (SODIC) signs a new contract with Arab African International Bank (AAIB) to increase its credit facility amount, Invest-Gate reports.

Heliopolis Housing Awards EGP 7.4 mn for New Project 

Egyptian real estate company Heliopolis Co. for Housing and Development awards a contract for Utilco for Engineering and Contracting, Invest-Gate reports.

DAMAC Awards USD 308 mn London Contract

Dubai-based Nine Elms Property, the company set up to build DAMAC International's Aykon London One project, has awarded a GBP 240 mn (USD 307.8 mn) main contract to Australian-headquartered construction firm Multiple ...

SMEs Win 50% of Expo 2020 Dubai’s 2017 Contract Awards

Small- and medium-sized enterprises (SMEs) receive more than 50% of the contract awards related to Expo 2020 Dubai as of June this year, Invest-Gate reports.

Eshraq Awards Deal for Marina Rise Project 

UAE developer Eshraq Properties Company awarded a contract for a project in Abu Dhabi, Invest-Gate reports.

Select Group Awards Main Contract for Jumeirah Living Marina 

UAE-based property developer, Select Group appoints contractor ALEC for the main works of its flagship waterfront development in Dubai Marina, Invest-Gate reports.

Arabtec Secures USD 171 mn Contract from DAMAC in Dubai

United Arab Emirates-based contractor Arabtec Construction has been awarded a AED 628 mn UAE (USD 171 mn) contract from Dubai-based developer DAMAC Properties to design and build new villas at its Akoya Oxygen projec ...

Arabtec Unit Wins MEP Contract on Dubai Creek Harbour Project

Emirates Falcon Electromechanical Co. (EFECO), a wholly-owned subsidiary of Dubai-based Arabtec Holding PJSC, wins an AED 113 mn (USD 30.7 mn) contract for mechanical, electrical and plumbing work at the Creekside 18 ...

DEWA, Siemens Ink Contract Worth AED 1.7 bn

UAE state-owned infrastructure company Dubai Electricity and Water Authority (DEWA) and German industrial group Siemens sign an operating plant service agreement (OPSA) worth AED 1.7 bn, Invest-Gate reports.

Azizi Developments Awards Contract Worth AED 118 mn for Azizi Aura

Dubai-based real estate developer Azizi Developments awards a construction contract worth AED 118 mn to Al-Qandeel Contracting Company for Azizi Aura in Downtown Jebel Ali, Construction Week Online reports.

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