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Modon Awards AED5 Billion Residential Development Contract in UAE

MT Newswires·12/19/2025 01:36:17
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01:36 AM EST, 12/19/2025 (MT Newswires) -- Modon Holding (ADX:MODON) said Friday it awarded the main residential construction contract worth 5 billion Emirati dirhams in Abu Dhabi, United Arab Emirates. The contract covers its Nawayef East and Nawayef West developments on the Hudayriyat Island, with 735 luxury villas to be constructed.