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FINANCIAL NEWS
Nakheel awards USD117mn deals on its Diera Islands development
10 Aug 2017
(MENAFN) Nakheel, the developer of Dubai’s palm islands, has given USD117mn of deals on its Diera Islands development.
Meanwhile, the orders comprise the building of a sewage treatment plant, a district cooling plant, a substation and piling work for an 800-room resort.
Accordingly, the developer has now invested almost 7.5bn dirhams in infrastructure and construction contracts for Deira Islands.
In April, the developer awarded a construction contract worth 4.2bn dirhams for Deira Mall, which will become the centerpiece attraction of the development.
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