Musanada completes Dh4.8bn worth of projects in Abu Dhabi


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ABU DHABI // Public services company Musanada, has completed 28 projects in Abu Dhabi at a total cost of Dh4.6 billion.

Al Ittihad, The National's Arabic-language sister newspaper, reported that the projects were in the housing, education and health sectors.

The projects included seven large-scale housing projects, costing Dh3.65 billion, and six projects in cooperation with Abu Dhabi health services, at a cost of approximately Dh340 million.

Musanada also constructed seven new schools and refurbished seven existing schools for Abu Dhabi Education Authority at an overall cost of Dh700 million.

The company also refurbished the main stand at a camel racetrack at a cost of Dh26 million.

newsdesk@thenational.ae

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PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

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Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

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