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Dubai News Club > Finance > “Nakheel” awards two contracts worth 3.5 billion dirhams to build 544 villas on “Palm Jebel Ali”
Finance

“Nakheel” awards two contracts worth 3.5 billion dirhams to build 544 villas on “Palm Jebel Ali”

Press Room
Last updated: 2026/04/28
Press Room
Published: April 28, 2026
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Nakheel Real Estate Company, a subsidiary of Dubai Holding Real Estate, announced the award of two contracts worth more than 3.5 billion dirhams to the two companies, Genco General Contracting, and the Union of Structural Engineering, UNIC, to build 544 villas…

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7.8% growth in the country’s non-oil GDP during the first half
Local stocks win 11 billion dirhams
The Emirates Group achieves the highest ever annual profit of 10.9 billion dirhams
Additional discounts of up to 30% on commodity offers that bring them back to their previous levels
The Central Bank launches an awareness campaign to enhance compliance with the regulations for transferring money through intermediaries

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