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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
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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