Friday 29 March 2024
 
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Arabtec Holding

Arabtec Holding's H1 net profit surges 97pc, revenues up

Arabtec Holding, a leading construction company in the Middle East, has registered a 97 per cent jump in its net profit for the first half which rose to Dh113 million ($31 million) from last year's Dh57.4 million ($15.6 million). An

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Arabtec wins $398m contract for 2020 tower

Arabtec Holding has announced that its subsidiary Arabtec Construction has been awarded a Dh1.46-billion ($398 million) contract by Wasl for the construction of the 2020 Tower, a mixed-use high-rise tower in the heart of Dubai, UAE.

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Arabtec appoints internal audit chief

Arabtec Holding, a leading engineering and construction group of companies, has appointed Bassam El Ghawi as chief internal audit officer, reporting to the Board of Directors and the Audit Committee. El Ghawi brings to his new rol

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Arabtec raises $653m via rights issue

Arabtec Holding, a leading Mena construction company specialising in complex projects, has raised Dh2.4 billion ($653 million) via a rights issue of shares. The company issued 1.56 billion new shares at Dh1.50 per share and the ri

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Arabtec appoints new HR officer

Arabtec Holding has announced the appointment of Peter Roche as chief human resource officer to lead the overall strategic direction and business contribution of the human resources department at Arabtec Construction. Roche will l

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Arabtec reports 20pc rise in Q1 revenue

Dubai-based Arabtec, a major contractor specialising in complex projects, posted a 20 per cent rise in revenue during the first quarter of 2013 to Dh1.55 billion ($421.8 million), driven largely by strong performance in Saudi Arabia and Qatar op

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Arabtec appoints new CIO

  Arabtec Holding, a leading construction company in Mena region specialising in complex projects, has appointed Gordon Jack as the company's new chief information officer.    In his new ro

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Arabtec appoints head of M&A

Arabtec Holding, a leading construction company in Mena, has appointed Shohidul Ahad-Choudhury as head of Mergers and Acquisitions and financial advisor to the managing director and CEO of the company. Ahad-Choudhury has been inte

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Arabtec wins $272m Fairmont Abu Dhabi contract

Dubai's Arabtec Holding has won a contract worth more than Dh1 billion ($272.3 million) to construct a Fairmont-branded hotel in Abu Dhabi, the firm's latest win in the emirate where its top shareholder is based. The contr

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Arabtec unit wins $1.3bn Saudi housing project

UAE-based construction firm Arabtec Holding said on Monday it received a SR5 billion ($1.33 billion) order for a two-year housing project in Saudi Arabia. Arabtec Saudi Arabia received a letter of intent from Saudi Binladin Group to build

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