$675m Mideast deals: Carillion preferred bidder

LONDON: British support services and construction firm Carillion has been named the preferred bidder for a number of contracts in the Middle East worth more than 400 million pounds ($675.12 million).
The company said it had been selected with its joint venture business Al-Futtaim Carillion for contracts in the UAE to build two new luxury hotels worth around 300 million pounds. It has also been awarded a number of construction projects in Dubai and Saudi Arabia in the health care, retail, leisure and residential sectors, worth more than 100 million.