Arabtec Holding announced that it has won two contracts in Abu Dhabi, through its Target Engineering unit, with the contracts having a combined value of USD 152.5 million. The developer announced that it was awarded the first contract by Abu Dhabi National Oil Company, with a value of USD 93.90 million for the expansion of a housing complex in Ruwais, near Abu Dhabi. Target, a fully-owned subsidiary of Arabtec, will also be working on a USD 58.51 million project awarded by Abu Dhabi Company for Onshore Oil Operations, which will include the construction of a new management building and a civil defence station, with both projects expected to be completed in February 2016.
1st Jan change | Capi. | |
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-3.12% | 68.01B | |
+3.50% | 59.97B | |
+18.25% | 37.06B | |
+9.98% | 30.27B | |
+2.06% | 26.88B | |
+22.18% | 21.76B | |
+15.03% | 19.47B | |
+22.70% | 17.32B | |
+62.16% | 15.93B |