From a 59-storey tower in Abu Dhabi, the offices of Arabtec look out over the Gulf towards Middle Eastern and Asian nations where the construction firm hopes to expand. It is a symbol of the company's ambitions - and the way in which they ha
Hasan Ismaik, the former chief executive of embattled contractor Arabtec Holding, has resigned as chairman of Dubai interiors firm Depa.
Ismaik told Reuters on Tuesday that he had left Depa, which has fitted out a number of Dubai&
The former chief executive of Arabtec Holding has three offers for his 28.85 percent stake but is looking to sell his holding in the Dubai contractor for more than 6 dirhams per share, he told Reuters on Tuesday.
Hasan Ismaik, who
Dubai contractor Arabtec Holding has laid off a significant number of employees in the wake of chief executive Hasan Ismaik's departure last week, sources with knowledge of the matter told Reuters on Monday.
Large numbers of s
Dubai's main bourse amended ownership data for Dubai construction firm Arabtec on Sunday after initial figures displayed on its website fuelled a 10 percent plunge in the stock, one of the most market's most heavily traded.
Hasan Abdullah Ismaik, the chief executive of Dubai-based construction company Arabtec, has increased his personal stake in the company to more than 8 per cent, records on the Dubai bourse website show.
Arabtec has been on an aggr