The Qatari sovereign wealth fund's property investment arm Qatari Diar and France's Vinci  have won a 374 million euro ($534 million) deal as part of a Light Rail Transit System project in the new city of Lusail, near Doha.

QDVC, which is 51 percent owned by Qatari Diar and 49 percent by Vinci Construction Grands Projets landed the  contract, Vinci said in a statement.

The deal notably covers civil engineering works in eight underground stations and the construction of a viaduct over the motorway between Doha and the northern part of the country. - Reuters