MAG awards US $15mn piling contract ...United Arab Emirates

Developer MAG has awarded Swissboring a contract valued at US $14.97mn for shoring and piling works at The Ritz-Carlton Residences, Dubai, Creekside, as part of the Keturah Resort. The company said it will launch a tender for the development’s main contractor in Q4 2023. Talal Moafaq Al Gaddah, Senior Executive Vice Chairman, MAG said, “We are pleased with the appointment of Swissboring, and we are confident that its expertise will help us realise this project, which will be an ideal option for those seeking an immersive wellness-luxury lifestyle in Dubai with world-class amenities. The project has attracted heightened interest from buyers and investors, with sales reaching over $544mn, emph

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