Emaar awards main contract for Creekside 18 residential project at Dubai Creek Harbor

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The Creekside 18 project is part of the broader six-square kilometer Dubai Creek Harbor development. (Courtesy Emaar)
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The Creekside 18 project is part of the broader six-square kilometer Dubai Creek Harbor development. (Courtesy Emaar)
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The Creekside 18 project is part of the broader six-square kilometer Dubai Creek Harbor development. (Courtesy Emaar)
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Updated 23 August 2017
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Emaar awards main contract for Creekside 18 residential project at Dubai Creek Harbor

DUBAI: Dubai developer Emaar has awarded Al Naboodah Construction the main contract to build Creekside 18, a residential development of 480 apartments in two 37-story towers.
The contract involves the construction of the two towers, each with residential units, technical floors, penthouses and commercial units, plus external works and landscaping.
Overall works, which commenced earlier this year, have been on-track with substructure and in situ concrete superstructure progressing, statement from Al Naboodah said.
The Creekside 18 project is part of the broader six-square kilometer Dubai Creek Harbor development being undertaken by Emaar in a joint venture with Dubai Holding. Emaar has also unveiled other residential projects including Creek Gate, Harbor Gate, The Cove, Dubai Creek Residences, Harbor Views, and Creek Horizon.
“Situated opposite Downtown Dubai’s soaring skyline, the Island District forms the centerpiece of Dubai Creek Harbor. Extending into the heart of the creek, the stunning Creekside 18 towers elegantly preside over this lush, palm tree-lined waterfront setting,” Emaar said in its website, describing two 37-story towers project.


Audi CEO detained in diesel emissions case

Updated 16 min 57 sec ago
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Audi CEO detained in diesel emissions case

BERLIN: German authorities on Monday detained the chief executive of Volkswagen’s Audi division, Rupert Stadler, as part of a probe into manipulation of emissions controls.
The move follows a search last week of Stadler’s private residence, ordered by Munich prosecutors investigating the manager on suspicion of fraud and indirect improprieties with documents.
“Audi CEO Rupert Stadler was provisionally arrested this morning,” the company said in a statement. It said shortly afterward that a judge had ordered him kept in custody pending possible charges at prosecutors’ request.
The company said that it couldn’t comment further due to the ongoing investigation, but stressed that “the presumption of innocence remains in place for Mr. Stadler.”
German news agency dpa reported that prosecutors decided to seek Stadler’s arrest due to fears he might try to evade justice. A former head of Audi’s engine development unit is already in investigative detention.
A total of 20 people are under suspicion in the Audi probe, which focuses on cars sold in Europe that were believed to be equipped with software which turned emissions controls off during regular driving.
Volkswagen has pleaded guilty to criminal charges in the United States and nine managers, including former CEO Martin Winterkorn, were charged there. Two are serving prison terms; Winterkorn and the others remained in Germany and are unlikely to be extradited.
Audi said in a statement last week that it was “cooperating with the authorities” in the probe.
Volkswagen shares were down 2.1 percent at 157.66 euros in Frankfurt trading.