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Tuesday February 7th 2012

Arabtec stops Nakheel work over unpaid bills

5
UAE’s largest construction company, Arabtec, has stopped work on one of Nakheel’s biggest housing projects because it has not been paid by the developer, local daily the National reported on Friday.

Arabtec has suspended work at Dubai World-owned Nakheel’s Al Furjan, a development in Dubai that was planned to include 4,000 homes, in the beginning of the year, the paper reported.
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Post Published: 27 February 2010
Author: admin
Found in section: Investment

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