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FINANCIAL NEWS
Sumer to develop new project in UAE
21 Jun 2016
(MENAFN) Sumer Contracting Company (SCC) has bagged a contract to build 728 mid-market homes at DP World Tour Championship golf course development in Dubai.
In detail, Dubai developer Jumeirah Golf Estates (JGE) has awarded a contract to SCC to construct 674 flats and 54 town houses at its proposed Alandalus neighbourhood.
The developer, which has been owned by the Dubai government since the global financial crisis, stated that new apartment’s price would start from USD162.498.
Moreover, the construction of the new development, which was first marketed in May, was due to the increasing demand on apartments and is likely to be completed in 2018.
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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