Dubai's Arabtec has been awarded a AED1.04 billion ($283.16 million) contract from Saudi Aramco to build 380 villas in Saudi Arabia, the contractor said on Tuesday.
Arabtec, which this week put four of its five Saudi subsidiaries up for sale, said it would complete the project in Al Dhahran within 28 months.
The company said it had also recently won other contracts from Saudi Aramco worth AED930 million via unit Target Engineering.
Saudi Aramco is Saudi Arabia's state-run oil company.For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.