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Emirates Stallions Group, SAAS Properties Tap Fibrex for Al Reem Island Residential Project

MT Newswires·09/28/2026 01:39:41
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01:39 AM EDT, 09/28/2026 (MT Newswires) -- Emirates Stallions Group's (ADX:ESG) real estate unit Royal Development and SAAS Properties awarded a construction contract to Fibrex for the Seamont Autograph Collection Residences in Al Reem Island in Abu Dhabi, United Arab Emirates. As part of the contract, which is valued at 790 million Emirati dirhams, Fibrex will manage the main construction works, starting in October 2026. Completion under the 27-month program is scheduled for December 2028, according to a Monday release. The waterfront residential project is being developed under Marriott's Autograph Collection brand.