10. Majed Hilal wins $156m Azizi Riviera contract
The month started off with the UAE’s Majed Hilal Contracting winning a $156m (AED572m) contract to build 11 mid-rise apartment blocks for Azizi Developments.
The Dubai contractor will build the 11 buildings within Phase 4 of the waterfront Azizi Riviera development, a $3.2bn (AED12bn) residential community.
Majed Hilal Contracting will be responsible for developing more than half of the units in the final phase of the Meydan One project.
Evershine Contracting was awarded a $152m (AED559m) contract earlier this year to build 10 mid-rise towers as part of Phase 4 of the Azizi Development project.