Abu Dhabi's NMDC wins $408m canal deal


National Marine Dredging Co. - NMDC
4.20 0.00 0.00%
23/11/2009 00:00 AST
Top Related Companies
AMANAT
1.1 0.00 0.00%
 
BATELCO
0.206 0.00 -0.97%
 
ADNH
3.24 0.00 0.00%
 
TABREED
2.08 0.00 0.00%
 
GMPC
2.12 -0.04 -1.86%
 

Abu Dhabis National Marine Dredging Company (NMDC) has won a Dh1.5 billion ($408.4 million) contract to build a canal in the UAEs capital, the official Wam news agency reported.

The Abu Dhabi Urban Planning Council awarded the contract, Wam said.

The 63.5 kilometre long Mussafah canal is scheduled to be completed by the end of June 2010, NMDCs chairman Mohammed Thani Murshid Al-Rumaithi said.

Reuters
Profile: National Marine Dredging Co. (NMDC)
National Marine Dredging Co. - NMDC
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | News Archive
Most Viewed News
Most Viewed Companies
Ticker Price Volume
GFH 0.49 1,642,170
QNBK 133.5 133,285
AMLAK 1.07 4,593,610
SABIC 97.69 2,746,187
AIRARABIA 1.13 3,611,365
DSI 0.37 10,758,890
BKMB 0.37 624,000
Recent News

Drake & Scull to proceed with Fairmont Abu Dhabi MEP works
Drake & Scull International (DSI), a regional market leader in engineering and related services, has announced that it will proceed with the mechanical, electrical and plumbing (MEP) works for the Fa

$32bn worth urban projects 'at tendering stage in GCC'
As many as 801 construction projects with a combined estimated value of Dh117.44 billion ($32 billion) are currently in the tendering stage in the GCC's urban construction sector, according to a repo

Engie completes $762m investment in Tabreed
The National Central Cooling Company (Tabreed) has announced the successful completion of an investment of approximately Dh2.8 billion ($762.32 million) by Engie, a global energy company, to acquire

UAE Central Bank deposits top $33 billion in H1
The total value of monetary deposits at the UAE Central Bank amounted to Dh123 billion ($33.5 billion) during the first half (H1) of the year, Dh122.95 billion of which are in banknotes and Dh50 mill

Qatar sovereign wealth fund trims Credit Suisse stake
The Qatar Investment Authority has reduced its shareholding in Credit Suisse Group to 4.94 percent, amid the Middle Eastern nation’s diplomatic crisis with neighbouring countries.

The coun

Research Reports
Saudi Airlines Catering Co. -Equity Report -15-08-2017 GCC Stock Markets - Daily Daily Market Review - Saudi Stock Exchange Daily Market Review - Dubai Financial Market Daily Market Review - Abu Dhabi Securities Exchange more..
GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?