EMAAR
Dubai – Mubasher: Emaar Properties confirmed news that it has awarded a construction contract to Al Ghandi and Consolidated Contractors (AGCC) for the construction of its The Hills Project, it said in a bourse filing on Tuesday.
The Dubai-based developer said that the award was for AED 844 million not AED 900 million as was reported by the media.
Emaar said it regularly awarded construction contracts for its projects “in the normal course of business”.