Dubai – Mubasher: Saudi American Glass (SAG), a subsidiary of Dubai Investments, signed new projects in Saudi Arabia at a value of SAR 20 million (AED 19.6 million - $5.33 million).
The new projects include Bayat Plaza in Jeddah at a value of SAR 9.5 million, Rashid Mall in Abha at SAR 3.3 million, Spimaco headquarter building in Riyadh at SAR 2.6 million, Movenpick Hotel in Riyadh at SAR 1.6 million and Marriott Hotel in Riyadh at SAR 1.1 million.
Dubai Investments announced that it will supply the projects with more than 100,000 square metres of K-Lite high performance glass, which offers high strength resistance against stress and wind flex, from SAG in various colours, according to a bourse filing on Tuesday.
