FINANCIAL NEWS

UAE’s Meraas gets USD588.8m contracts for advanced Dubai property projects

27 Feb 2015

(MENAFN) UAE’s Meraas was awarded USD588.8 million worth of contracts to Al Futtaim Carillion to build its ambitious Le Mer and Dubai Creek Waterfront schemes, The National reported.

The project is set to include shops, cafes and restaurants, three hotels, a mosque, museums, traditional workshops and a market as well as underground and multi-storey car parks.

Meraas also selected Al Futtaim Carillion as the preferred bidder for a USD240.16 million contract to build its 9.5 million square feet La Mer waterside scheme in Jumeirah.

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