Abu Dhabi's Al Jaber Says Wins $545m Road-Building Contracts
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Abu Dhabi’s Al Jaber Says Wins $545m Road-Building Contracts

Abu Dhabi’s Al Jaber Says Wins $545m Road-Building Contracts

Abu Dhabi General Services Co awarded the contracts to the company for improvements to two sections of the highway from Mafraq on the outskirts of Abu Dhabi.

Gulf Business
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A subsidiary of Abu Dhabi’s Al Jaber Group has won two road-building contracts in the emirate worth about Dhs2 billion ($545 million) combined, the company said on Monday.

Abu Dhabi General Services Co awarded the contracts to Al Jaber Transport & General Contracting for improvements to two sections of the highway from Mafraq on the outskirts of Abu Dhabi to Al Ghwaifat on the Saudi border and near Qatar.

Family-owned Al Jaber Group’s main business is construction but it also has interests in areas from retail to aviation.

It sealed a drawn-out debt restructuring agreement last June which is said to have set new terms on around $4.5 billion of obligations.


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