Sunday, 1 July 2012

Racecourse saga takes a turn with Meydan suit - The National

Meydan has launched a Dh3.5 billion (US$952.8 million) legal claim against the UAE builder Arabtec and the Malaysian contractor WCT over the construction of the racecourse that hosts the Dubai World Cup.

It is the latest legal twist in a dispute sparked by the cancellation of the original construction contract three years ago.

WCT, which won the order to build the development with Dubai-based Arabtec Construction, dismissed the claim as "frivolous and without merit".

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