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FINANCIAL NEWS
Nakheel signs USD6533.4m worth of construction contracts
15 Sep 2015
(MENAFN) Nakheel said it signed three contracts worth USD653.4 million for construction work at its new mixed-use community for more than 1,500 villas and services residents at Nad al Sheba.
The project will be built in three packages by UAE-based Trojan General Contracting, United Engineering Construction LLC and Metac General Contracting Company.
Dubai’s giant developer said that package 1 is a USD225.98 million contract awarded to Trojan for main community infrastructure work and the construction of 489 villas.
Package 2 is a USD214.81 million deal to UNEC for 482 villas and infrastructure work while package 3, worth USD212.64 million, to Metac is for 468 villas and infrastructure.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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