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FINANCIAL NEWS
Dubai’s Limitless grants USD77.6m Downtown Jebel Ali contract
15 Jun 2015
(MENAFN Dubai-based Limitless, the real estate development company, granted a USD77.6 million contract for infrastructure work at Downtown Jebel Ali mixed-use project, Arabian Business reported.
Through the contract, Arco General Contracting will supervise and run the entire infrastructure work including roads, sewerage, utilities and lighting in all four zones of the development scheme.
“The award of this contract is a huge step forward for Downtown Jebel Ali. We are delighted to welcome Arco on board,” the CEO of Limitless said in a statement.
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BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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