( MENAFN - Qatar News Agency) Dubai-based company Arabtec Holding, PJSC, has inked, for its subsidiary Arabtec Construction, a Memorandum of Understanding (MoU) with real estate development company Aabar Properties, a subsidiary of Aabar Investments, to design and construct 37 towers in Abu Dhabi and Dubai, for a total contract value of AED22.440 Billion. The MoU, considered one of the largest in the real estate sector in the region and Arabtec's biggest project by value, was signed at Aabar Properties offices in Abu Dhabi by Chairman of the Board of Aabar Properties Khadem Abdulla Al Qubaisi and Arabtec Holding Managing Director and CEO Hasan Abdullah Ismaik.