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Arabtec Holding, the Dubai-listed construction company, said it had been awarded a contract to build a 1.1 billion dirham ($300 million) twin-towers project in central Dubai.

Comprising 50-storey towers, the project includes residential apartments with a total area of more than 227,800 square metres, it said. Construction will start imminently and last 2-1/2 years, it added.

 

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