By continuing to use the site you agree to our Privacy & Cookies policy

Arabtec halts work on Nakheel's Al Furjan

Riad Kamal, CEO of Arabtec Holding has said the company had halted work on state-owned Dubai developer Nakheel's Al Furjan project at the beginning of the year for not receiving payments, Bloomberg has reported. Arabtec has completed 550 villas of the Al Furjan's 4,000 homes and villas project, designed to include schools, shops, parks and a cycling trail. "We haven't been paid so we stopped working," Kamal said.

  • Email
  • Save
  • Email
  • Share
  • Save

Newsletter Sign-up

More sector and country newsletters

Subscribe to MEED to receive your choice of premium newsletters

Find out more

Follow MEED on

Linkedin     Twitter     RSS Newsletter