Contract Award

  • 27 Aug 2019
    Arabtec Awarded AED 298 Million Contract in Uptown Cairo Development by Emaar Misr

    Dubai, UAE – 27 August 2019: Arabtec Holding PJSC (Arabtec or Group), a leading contractor for social and economic infrastructure, today announced that its wholly-owned subsidiary Arabtec Construction has been awarded an AED 298 million (EGP 1.346 billion) contract by Emaar Misr for the construction of Celesta Hills; Phases 2 and 3 comprising 179 units and external works. The contract works will commence in August 2019 for a duration of 38 months.

    Uptown Cairo is an integrated development located in the heart of the Egyptian capital with easy access to east and west Cairo through a well-developed road network. Celesta Hills has a total built up area of 86,664 square metres consisting of two phases and located close to the Golf Clubhouse. 

    Arabtec Holding’s Group Chief Executive Officer, Peter Pollard comments: ‘The recent contract awards from Emaar Misr are consistent with our strategy to selectively build our presence regionally with long-standing, quality clients.’

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