Monday 27 June 2016
 
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No material news to affect share price: Arabtec

Dubai-listed builder Arabtec said on Tuesday that there was no material news, either technical or operational, to affect its share price. In a brief statement to the bourse, the company made no further comment. The

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No material news to affect share price: Arabtec

Dubai-listed builder Arabtec said on Tuesday that there was no material news, either technical or operational, to affect its share price. In a brief statement to the bourse, the company made no further comment. The

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Arabtec swings to Q3 net loss

Dubai-listed builder Arabtec swung to a net loss of Dh944.8 million ($257.3 million) in the three months to September 30, it said in a statement to Dubai's bourse. This compares with a profit of Dh68.7 million in the correspon

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Bahraini woman eyes top bodybuilding contest

A Bahraini woman is blazing a trail to become the country’s first female professional bodybuilder. Haifa Al Musawi, 32, has set her sights on winning a women’s title in Mr Olympia – one of the most prestigious co

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Xerox’s new tool set to drive channel partners' revenue

Channel partners now have new ways to drive revenue and strengthen client relationships with Xerox’s Personalized Application Builder and enhanced Global Partner Program, said a top official. Chris Govier, general manager, M

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Arabtec eyes funding for big Egypt housing project

Dubai builder Arabtec said on Wednesday it was in talks with several local and international banks on financing the first phase of its project to build one million housing units in Egypt. Arabtec, which has yet to sign a final dea

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17pc regional ‘new wealth builders’ earn from real estate

About 78 per cent of new wealth builders (NWB) in the Middle East do not consider themselves wealthy, with 17 per cent of them having earned their wealth from real estate investments and land developments, according to a report. T

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Arabtec to start work on Egypt housing project

UAE-based builder Arabtec will start signing up Egyptian companies for its ambitious residential project that will see the development of one million housing units across the country, said a report. The work on the first phase of

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BASF unveils Master Builders Solutions in Kuwait

BASF, a leading supplier of construction chemicals in the GCC, has unveiled its Master Builders Solutions in Kuwait. It also presented its tiling and screeds solutions, along with other technologies such as admixture and construct

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New delays hit $7bn Aramco refinery project

A contract disagreement between Saudi Aramco and South Korea's SK Engineering & Construction is delaying construction of a 400,000-barrel-per-day oil refinery in Jizan in southwest Saudi Arabia, industry sources said. Desp

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