Just in:
2024 Lok Sabha Elections Will Be The Costliest One Till Now In The Whole World // Emirati Aid Reaches Ukraine as Food Shortages Bite // TUMI Hosts Global Launch Event in Singapore to Unveil Women’s Asra Collection and Announce Global Ambassador, Mun Ka Young // Global Audience to Witness Thrill of Dubai World Cup // Infineon and HD Korea Shipbuilding & Offshore Engineering jointly develop ship electrification technology // Meta Earth Official Website Launch: The Pioneer Explorer in the Modular Public Blockchain Domain // French Leaders Gather for Interfaith Iftar Dinner // Sunshine’s Debut Features Leave Tech World Scratching Its Head // No running of govt from jail, says Delhi Lt Governor // Sharpening the Focus: Sharjah Health Department Refines Evaluation Criteria for “Healthy Schools Programme” // Lisboeta Macau’s world first LINE FRIENDS PRESENTS CASA DE AMIGO and BROWN & FRIENDS CAFE & BISTRO has officially opened // First-Ever Fortune Innovation Forum Draws Top Global Leaders to Hong Kong, Promoting Agendas On Collective Cross-Sector Advancement // Renewables Surge Sets Record, But Global Equity Lags // Emirates Post Speeds Up Deliveries for GCC with Special Day // Hope for Respite as UAE Endorses UN Plea for Gaza Truce // U.S. Compliance Takes Center Stage at OKX Following Industry Jitters // US reiterates concern over Kejriwal arrest, Cong accounts // Following the Money Trail: US and UK Investigate $20 Billion in USDT Transfers Tied to Sanctioned Russian Exchange // Ajman Celebrates Conclusion of Ramadan Activities with Grand Ceremony // Sharjah Chamber Breaks Ground on Final Expansion with New HQ Pact //
HomeMiddle EastDubai's Nakheel said to eye $2.7bn contract awards in 2017

Dubai's Nakheel said to eye $2.7bn contract awards in 2017

1483399078 nakheel discovery

Dubai-based developer Nakheel is reportedly planning to award at least $2.7 billion worth of contracts during 2017.

ADVERTISEMENT

The company expects a 66 percent increase in contract awards over the next 12 months, The National reported.

It said the developer is planning to award a number of main contracts this year including a 600,000 sq m mall on the Deira Islands project, a contract for the Jebel Ali Gardens site, and a contract for the 220 metre-high hotel and residential tower complex, Palm 360.

Nakheel also said last year that it will award the contract for the construction of the 1,278 sq m Warsan Clubhouse at Warsan Village, Dubai, by mid-January 2017, according to the report cited by Construction Week Online.

Around $1.6 billion worth of contracts were awarded in 2016, including $626 million worth of awards for retail projects.

Nakheel currently has more than 2,300 units in various projects under construction, including 934 units nearing completion at the Warsan Village community.

Source link

ADVERTISEMENT

ADVERTISEMENT
Just in:
Global Audience to Witness Thrill of Dubai World Cup // Hope for Respite as UAE Endorses UN Plea for Gaza Truce // Ingdan Announces 2023 Annual Results // Emirates Post Speeds Up Deliveries for GCC with Special Day // Emirati Aid Reaches Ukraine as Food Shortages Bite // Ajman Celebrates Conclusion of Ramadan Activities with Grand Ceremony // German Job Market Resilience Bodes Well for Economic Recovery // Meta Earth Official Website Launch: The Pioneer Explorer in the Modular Public Blockchain Domain // Andertoons by Mark Anderson for Thu, 28 Mar 2024 // Sharpening the Focus: Sharjah Health Department Refines Evaluation Criteria for “Healthy Schools Programme” // Following the Money Trail: US and UK Investigate $20 Billion in USDT Transfers Tied to Sanctioned Russian Exchange // Experience Ultimate Shopping Freedom at 4.4 Shopee Spree: Don’t Worry, Shop Shopee! // New Nylon Constant Torque Hinge From Southco Provides Position Control In A Compact Package // AIA Hong Kong Wins More Than 20 Accolades at MPF Ratings MPF Awards, BENCHMARK MPF of The Year Awards and Bloomberg Businessweek Top Fund Awards // U.S. Compliance Takes Center Stage at OKX Following Industry Jitters // Universal Language for Healthcare: General Authority Embraces Global Coding System // French Leaders Gather for Interfaith Iftar Dinner // TUMI Hosts Global Launch Event in Singapore to Unveil Women’s Asra Collection and Announce Global Ambassador, Mun Ka Young // Infineon and HD Korea Shipbuilding & Offshore Engineering jointly develop ship electrification technology // Sunshine’s Debut Features Leave Tech World Scratching Its Head //