Dubai Holding awards $1.36bn contract for new HQ and Jumeirah Residences to CSCEC ME

Dubai Holding awarded a AED5 billion construction contract to China State Construction Engineering Corporation Middle East for its new headquarters and Jumeirah Residences Emirates Towers. Sheikh Ahmed bin Saeed Al Maktoum witnessed the signing. The contract is the largest Dubai Holding has awarded, reflecting the group's capital deployment into projects supporting Dubai's long-term growth. The headquarters will unite the group's businesses in a sustainability-focused workplace.

The building contract represents the single largest Dubai Holding has awarded to date, reflecting the scale of capital the group continues to deploy into projects that support Dubai's long-term growth.