FINANCIAL NEWS

Arabtec to establish real estate firms in Dubai, Abu Dhabi

22 Dec 2013

(MENAFN) Construction company Arabtec, which is based in Dubai, announced its plan to establish real estate firms in Dubai and Abu Dhabi, Arabian Business reported.

The company is also planning to commence talks with the Egyptian government for the development of affordable housing in Egypt.

Arabtec has ongoing projects worth USD8.1 billion, and was part of a group that won a USD1.2 billion contract to develop a hospital in Abu Dhabi.

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