ArabianBusiness.com - Middle East Business News
Saturday, 21 November 2009 19:37 UAE time

YOUR DIRECTORY /

Ziad Makhzoumi

Today Arabtec Construction is one of the five largest contractors in the MENA region and specializes in building and civil engineering works and its name has become a household name in the construction industry in the Gulf states. It has over 70,000 employees on its payroll and has been involved in world class developments such as Burj Dubai and Burj Al Arab in Dubai. The Emirates Palace hotel in Abu Dhabi, and the Okhta Centre Tower in St. Petersburg.

In the 12 months to July 2008, under Makhzoumi’s financial leadership, the company’s share price on the DFM rose a staggering 260% - and is now worth nearly $3 billion.





Tell us your story

READER COMMENTS

  1. Somali pirates free UAE-owned cargo ship 02
    21 Nov ' 09 at 07:58
    In the old days pirate ships were blown out of the water as soon as spotted.Now they have to wait until they attack a ship and then...   More  »
  2. UAE announces Eid and National Day holidays 02
    21 Nov ' 09 at 10:22
    Is it any wonder that Emiratis are reluctant to work in the private sector? One day extra and no request for early payment of salaries.   More  »
  3. RTA to lease out last batch of retail outlets available on Red Line 01
    21 Nov ' 09 at 14:10
    What happened of Last Minute and their 28 outlets - one on each station?   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM