Shapoorji Pallonji Mideast, part of the Shapoorji Pallonji Group, has secured a contract worth AED1.5bn ($408m) from the UAE-based property developer Nakheel to build The Palm Gateway triple tower and beach complex on Dubai’s Palm Jumeirah.
Dubai developer Nakheel has signed a joint venture agreement with RIU Hotels & Resorts to develop a $170m hotel at Nakheel's Deira Islands master development.