Dubai – Mubasher: Arabtec Holding confirmed it has been awarded the execution of a five-star hotel project worth AED 340 million ($92.57 million) at Dubai Media City, according to a bourse filing.
Arabtec has been awarded a contract worth AED 300 million ($82 million) to establish a five-star hotel in Dubai Internet City area, Meed magazine reported adding, the company took the necessary steps to start the construction.
