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Al Habtoor Leighton bags $201mn Dubai deal

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Tuesday, 01 July 2008
DEAL SEALED: An artist's impression of Abyaar’s Acacia Avenues development in Jumeirah. (Supplied)
DEAL SEALED: An artist's impression of Abyaar’s Acacia Avenues development in Jumeirah. (Supplied)

Kuwait-based Abyaar Real Estate Development has awarded the Al Habtoor Leighton Group a 740 million-dirham ($201.5 million) contract to build two high-rise towers in Dubai, Al Habtoor Leighton said on Tuesday.

Al Habtoor Leighton, through its subsidiary Al Habtoor Engineering, will start work on the Olgana and Hilliana towers this month, with construction expected to be completed by July 2010, the company said in a statement.

The Olgana and Hilliana towers, which measure 36 and 40 storeys respectively, are part of Abyaar’s Acacia Avenues development in Jumeirah.

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