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Majid Al Futtaim awards $545 million contract to Engineering Contracting Company for Ghaf Woods construction.

Jun 08, 2026•8 days ago

Contract Type

contract

Dubai EmirateHospitalityE CommerceFashionLifestyle

Description

Majid Al Futtaim has awarded a contract worth 2 billion UAE dirhams ($545 million) to Engineering Contracting Company for the construction of Capria East and Capria West within the Ghaf Woods project. These developments will feature a mix of residential apartments and duplexes as part of a larger masterplan focused on enhancing outdoor living and wellness.

Company Information

Company

Majid Al Futtaim

Location

Dubai Emirate, United Arab Emirates

About

Founded in 1992, Majid Al Futtaim is an Emirati-owned, diversified lifestyle conglomerate operating across the Middle East, Africa and Asia. The Group started from one man’s vision to transform the face of shopping, entertainment, and leisure. It has since grown into one of the region’s most respected businesses, employing more than 43,000 people. Majid Al Futtaim owns and operates 29 shopping malls, seven hotels and five mixed-use communities.

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