Nakheel awards AED1.5bn contract for retail, leisure project
Dubai developer Nakheel has awarded an AED1.5bn contract to UAE-based Dhabi Contracting to build a retail, dining and entertainment complex. Construction on Al Khail Avenue in Dubai will start in early October, it said on Tuesday. In addition to 350 shops, restaurants and entertainment outlets, the 2mn square foot project will also feature a 252-room hotel. It is scheduled for completion in the first quarter of 2019. (Reuters)
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