Arabtec unit wins $1.3bn Saudi housing project
Dubai, October 4, 2010
UAE-based construction firm Arabtec Holding said on Monday it received a SR5 billion ($1.33 billion) order for a two-year housing project in Saudi Arabia.
Arabtec Saudi Arabia received a letter of intent from Saudi Binladin Group to build 5,000 villas, Arabtec said in a statement.-Reuters