ArabianBusiness.com - Middle East Business News
Friday, 09 January 2009 12:59 UAE time

YOUR DIRECTORY /

Arabtec (Arab Technical Construction Company) - UAE

Main Category: Misc. Construction Services
First Address : PO Box 3399
City : Dubai
Country : United Arab Emirates
Phone: 971 4 3400700
Fax: 971 4 3404004
Website: www.arabtecuae.com


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ALL STORIES LIST


Arabtec awarded $150mn contract

Dubai construction giant to build 12-storey building in Mudon development for Dubai Properties.

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Arabtec bags US $653m Atrium job from Sunland

Arabtec Construction has won a US $653 million (AED2.4 billion) contract from Dubai-based Sunland Group for the construction of The Atrium at Waterfront, which is located in the Madinat Al Arab precinct of Nakheel's Dubai Waterfront development at Jebel Ali.

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Arabtec bags $653.4mn deal

Dubai construction firm receives letter of intent from Sunland Group for Dubai Waterfront project.

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Report says labour shortage to worsen

The GCC labour shortage is set to deteriorate, a new report has warned, and could seriously threaten profit margins and expansion plans of major contractors.

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Arabtec bags US $163 million Emaar contract

Arabtec construction has won a US $163 million (AED599 million) contract from Emaar to design and construct 550 villas at Warsan Development in Dubai.

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Arabtec collects US $816mn Al Furjan

Dubai World-owned developer Nakheel has awarded Arabtec Construction a US $816 million (AED3 billion) contract to build the first 1,500 homes at its Al Furjan development.

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EFECO wins Sanctuary Falls contract

Arabtec Holdings' subsidiary Emirates Falcon Electromechanical Co (EFECO) is to carry out the mechanical, electrical and plumbing (MEP) installation on Shaikh Holdings' Sanctuary Falls project for an undisclosed sum.

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Under starter’s orders…

With horse racing one of the UAE's most popular sports, the redevelopment of Dubai's Meydan Racecourse is in the spotlight. Alison Luke finds out how MEP services will help to keep both horses and racing fans cool in future.

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Arabtec picks up Amman contract

Arabtec/EEC JV Construction has picked up a US $14.5 million (JOD10.2 million) contract to construct the Business Heights tower in Amman, Jordan.

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Arabtec lands $544mn Saadiyat Beach deal

TDIC signs UAE construction firm to build phase one of island community.

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Arabtec profit surges amid building boom

Dubai construction giant posts four-fold rise in earnings to $63mn, firm's third straight record profit.

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Arabtec expects '08 revenue to hit $2.2bn

Dubai-based construction group may expand operations in Saudi as construction costs rise in the UAE.

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Rising stock

Arabtec's Riad Kamal has just got off a flight from St Petersburg with a smile of a cat who's got the cream.

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Arabtec lands $2.7bn Russian tower deal

Construction giant beats off local and European bidders to secure landmark St. Petersburg project.

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Making initial preparations

The construction period for the Burj Dubai has proven equally complex in terms of MEP services as the final installation. Just what was needed to make the project operational?

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Finding ways of beating the rising cost crisis

As rising construction costs hit crisis point, Conrad Egbert explores ways in which business could be done better.

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Arabtec wins Dubai house building deal

Dubai's Arabtec Holding has won a US $817 million (AED3 billion) contract to build almost 2,300 houses in the emirate.

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Arabtec soars after winning $817mn deal

UAE construction giant's stock surges 7.38% after winning contract to build around 2,300 houses.

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Racing ahead

As the Meydan racecourse works towards its Dubai World Cup 2010 completion, Hugo Berger visits the site to see how the challenging deadline is being met.

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Crisis point

With building costs going through the roof, is the contruction industry heading for a crisis? 

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Sanctuary Falls job awarded to Arabtec

Dubai-based development company, Shaikh Holdings, has awarded Arabtec Construction the US $112 million (AED412 million) main construction contract for its Sanctuary Falls villa development in Jumeirah Golf Estates.

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Arabtec secures villa contract

Arabtec Construction has won a US $141 million (AED520 million) contract from Emaar Properties to design and build 68 homes at the Dubai Polo & Equestrian Club in Arabian Ranches.

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Arabtec partners with Emaar in US$142m Polo deal

Arabtec Construction LLC was awarded a US$142m contract by Emaar Properties PJSC for the construction of a new development project in the Arabian Ranches in Dubai.

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Three jobs right on Target

Target Engineering Construction Company, a subsidiary of Arabtec Holding, has received contracts worth a combined US $215 million (AED792 million) for three projects in Abu Dhabi.

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UAE cement crisis looms

Suppliers struggling to keep up with demand with risk that projects may be delayed further, firms say.

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Kuwait, Abu Dhabi and Qatar best markets to invest

And banks and telecom companies the most attractive industries, Morgan Stanley says.

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Arabtec wins $75mn Jordan deal

Damac awards contract for two buildings at its Abdali Development Project in country's capital Amman.

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Market pressure may make abroad appeal

UAE contractors could be forced to target overseas investment due to pressure from the financial markets.

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Arabtec books second largest quarterly profit ever

UAE's largest construction company sees Q4 profit surge 160% to $41mn.

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ACC and Arabtec join forces

A joint venture between ACC and Arabtec has been awarded a US $41 million (SYP 2.1 billion) contract from Emaar IGO to carry out construction work at the Eighth Gate Development in Damascus, Syria.

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Emaar earnings to drop

EFG-Hermes report forecasts bleak Q4 for Dubai developer, Union Properties and Dubai Islamic Bank.

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Building new roads won’t solve Dubai’s traffic issues

Dubai's RTA has just announced that the expenditure on roads for its 2020 masterplan will reach US $26billion. Conrad Egbert looks at what that means for the city.

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Quay wall collapse hits D1 Tower site

The construction site of the D1 Tower in Dubai Culture Village on the banks of Dubai Creek flooded last week after a quay wall collapsed.

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Firm solutions

Concrete firms continue to innovate, while contractors squeeze out every available opportunity to meet deadlines.

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US $5.4mn deal on Meydan job

Dubai-based House of Equipment has won a US $5.4 million (AED20 million) contract to provide tower cranes for the construction of Dubai's $1.3 billion Meydan racing, tourist and leisure complex.

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UAE considers trade unions

Labour officials to meet with GCC delegates early next year to discuss issues around forming unions.

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House of Cranes wins $5.4m Meydan racecourse contract

BIG 5: Company to provide tower cranes to help in the construction of the spectacular equestrian complex.

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Labourers win 20% wage hike

Dubai contractors raise salaries with immediate effect following construction strikes earlier this month.

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Workers are back after strike ends

Arabtec Construction workers were back on site last Saturday after their strike - which lasted almost two weeks - came to an end.

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Police inspect Dubai labour camps

Worker's housing is investigated to ensure employers meet gov't standards after recent strikes.

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Strike disruptions delay Arabtec projects

Burj Dubai contractor fears key projects may miss completion dates.

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Burj builder Arabtec buys 60% of Target

Burj Dubai builder Arabtec says it has has acquired 60% of UAE construction firm.

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Arabtec strike deal raises costs 1%

Construction firm declines to give settlement details but says labour accounts for 10% of total costs.

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Arabtec strikers back down in return to work

UAE construction firm says two-week strike by workers over pay and conditions is now over.

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Protestors resume work at Burj Dubai

Arabtec workers who have refused to work since 1st November have resolved their dispute.

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Revision of salary may yield minimum wage

A salary review for construction workers in the UAE, which is expected to take place within the next two months, could prompt the introduction of a minimum wage.

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Work on Burj Dubai continuing

The strike by construction workers at the Burj Dubai, that started on 1 November, is still ongoing, Construction Week has learned.

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Burj Dubai protest enters ninth day

Labourers working at world's tallest building refuse to go back to work unless pay demands are met.

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Burj protests squeeze profits, company says

Building company's profit margins could shrink by up to 1.5% if Dubai heeds growing calls from construction workers for higher wages

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Labourer pay under urgent review

UAE calls for review of construction workers' salaries following spate of high-profile demonstrations.

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Arabtec smashes previous record profit

Dubai construction firm beats forecasts by nearly tripling Q3 profit to $46.2mn.

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Middle East Foundation bags Dubai piling contract

CITYSCAPE: Abyaar awards Foundation $6.8mn contract, part of Acacia Avenues project.

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Good sub-contractors become hard to find

The UAE construction industry is facing a critical shortage of qualified and reliable sub-contractors due to too much work, tight deadlines and makeshift sub-contractors, according to industry experts.

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Jumeirah gallops to victory in club bid

Jumeirah Hospitality has won the exclusive catering contract for Dubai Racing Club on the brink of the new season.

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Meydan awards racecourse contract

Meydan has awarded the building contract for the Meydan Racecourse in Dubai, which will host the 2010 Dubai World Cup.

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Overcoming worker shortages

Thomas Barry of Arabtec talks about the challenge of securing resources in an overheated market.

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Arabtec stretched to the limit

UAE firm says Meydan racecourse deal taken up last remaining resources, no new jobs for next six months.

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Meydan: new centre of world horse racing?

A look at building plans behind the Dubai World Cup's new racing venue.

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Arabtec-WCT win $1.25bn racecourse deal

Firms awarded contract to build Dubai's Meydan complex following weeks of speculation.

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WCT-Arabtec deny Meydan involvement

Malaysian construction company, WCT Engineering, in a joint venture with UAE-based Arabtec, has denied reports that it has won a US $1.3 billion (AED4.7 billion) contract to build a new Meydan horse racing project in Dubai.

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Arabtec: Yet to win racecourse deal

UAE developer denies report it and Malaysia's WCT are to build horse-racing course in Dubai.

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Arabtec wins Dubai racecourse deal

Arabtec and Malaysian partner win $1.3bn contract to replace Dubai's Nad Al Sheba racecourse.

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Besix-Arabtec secure Burj plots

Belgian-UAE joint venture wins $141mn contract to construct two high-rise towers at Downtown Burj Dubai.

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ALEC picks up two deals in the UAE

Al Jaber Engineering and Contracting (ALEC), a wholly owned subsidiary of the Al Jaber Group, has won two major contracts in Abu Dhabi and Dubai.

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Curtain wall win for Multiforms on Tiara

Multiforms, the Dubai-based provider of architectural aluminum façade, and a subsidiary of Emaar Industries and Investments, has won a US $34 million (AED125 million) contract from Arabtec to execute the façade work at the Tiara Residence.

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UAE-South Korea build close construction ties

The growing number of South Korean contractors and developers setting up shop in the UAE is a testament to the close relationship between the two countries. Angela Giuffrida and Monika Grzesik report on the Asian invasion.

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'We have to go up a gear'

Mohammed Ali Al Hashimi, executive chairman of Zabeel Investments sits down with Conrad Egbert to shed some light on a few issues that have been topics of debate in the UAE.

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Burj overtakes Taipai

The Burj Dubai will become the world's tallest tower on Saturday 21 July.

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Arabtec wins $294 mn Dubai hotel contract

Arabtec and Dubai Contracting will build a 51 storey hotel on Dubai's Shaikh Zayed Road.

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Arabtec and Stone Master paint with same brush

The companies have signed two deals to execute painting works for the Burj Dubai Lake Hotel and Dubailand.

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Arabtec goes for self-compacting concrete on DIFC tunnel project

The service tunnel under the Dubai International Financial Centre complex, which is approximately 1.4km long, 10m high and between 20-40m wide, has been completed.

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Arabtec awarded $175.6m deal

UAE construction firm is to build Damac's 81-storey Ocean Heights I tower in Dubai Marina.

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The times, they are a changin'

How Dubai's construction landscape has evolved over the last 30 years.

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Arabtec turnover to double

The UAE construction company says it is looking to reach AED1 billion in turnover this year.

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Arabtec takes expo job

Arabtec has won a contract worth US $211 million (AED778 million) for the construction of phase two of the National Exhibition Centre in Abu Dhabi.

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Arabtec wins $212m expo centre contract

The UAE construction firm will build phase two of Abu Dhabi's National Exhibition Centre.

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At the bottom of the Burj

As the Burj Dubai gets taller, it's easy to forget those still working on the lower parts of the structure.

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Arabtec sets up for record win in Qatar

Letter of intent has been received as UAE giant looks forward to US $1.6 billion Al Waab City.

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UAE regulator probes suspicious trades

UAE market regulator turns attention to trades after shares in some of the country's leading companies have surged.

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Dubai's Arabtec probed its own share surge

The official market authority is also investigating this week's unusually active trading in UAE companies.

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German formwork company wins raft of contracts

German formwork and scaffolding supplier, Hünnebeck, has won a raft of recent contracts on tower projects in Dubai.

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Samsung wins Palm bridge job

Samsung Corporation, the trading and construction arm of South Korea's largest industrial group, has won a US $350 million (AED1.2 billion) contract to build a bridge to Nakheel's Palm Jebel Ali.

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Dubai Sports City appoints stadium contractor

Arabtec-Max Bögl celebrates success in bid to build stadia that will be 'the pinnacle of sporting architecture'.

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WCT-Arabtec storms DWC

Malaysia's WCT Engineering has teamed up with Arabtec Engineering Services to build phase one of Dubai World Central International Airport's storm-water drainage and sewerage system.

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Building precision sports infrastructure

Building on the experience of hosting the FIFA World Cup in 2006, German contractors in the region are putting their talents to good use on stadium builds in Dubai. Christopher Sell reports on the motto of the engineering specialists: better by design.

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Burj Dubai set to get all clad up

Cladding work on the world's tallest tower will begin in June.

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City of Arabia contracts due

Two contracts for Dubailand's City of Arabia will be sealed in the coming weeks.

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Arabtec wins sewerage contract

Arabtec Engineering Services is to carry out stormwater drainage and sewerage system work in Dubai World Central at Jebel Ali International Airport.

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Arabtec picks up Dubai World Central contract

The Department of Civil Aviation in Dubai has awarded a US $132.5 million (AED487 million) contract to Arabtec Engineering Services to carry out storm water drainage and sewerage system implementation in Dubai World Central at Jebel Ali International Airport.

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Arabtec wins $133m Dubai airport contract

Arabtec subsidiary will build a drainage and sewerage system at the new Jebel Ali airport.

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JV takes two on airport job

Dubai's Department of Civil Aviation has handed out two contracts to the Arabtec/Max Bogl joint venture to carry out structural work on the passenger terminal and air traffic control tower at the Jebel Ali International Airport in Dubai World Central

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Arabtec posts a profit

Arabtec Holding achieved profits of US $59 million (AED217 million) during the year ending 31 December 2006, compared to $45 million the previous year, reflecting an increase of 30%

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Joint venture is tipped on mall

A joint venture of Arabian Technical Construction (Arabtec), Arabian Construction Company (ACC) and Belhasa-Six Construct (Besix) is tipped to pick up the US $816 million (AED3 billion) main construction contract for the Mall of Arabia, which is part of the City of Arabia project in Dubailand.

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Reaching for the sky

The Burj Dubai is already one of the city’s biggest landmarks and set to be the tallest building in the world, its construction is being eagerly watched. Alison Luke finds out how MEP services will meet the challenge of the spiralling tower.

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Arabtec acquisition

Arabtec Holding will acquire Dubai Contracting Company subject to a due diligence process

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Infinity Tower awarded to Arabtec

Arabtec has won a US $190 million (AED700 million) contract to construct Infinity Tower in Dubai Marina.

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Arabtec aims for Qatar

...

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Burj Dubai is hit by curtain wall delays

Burj Dubai could miss December 2008 deadline as contractor battles cladding hold-up.

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Stock markets continue to creak

Dubai dips below 400 and KSA goes under the 9000 mark. Why is it happening and how long will it last?

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Workers avoid blaze in camp

...

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READER COMMENTS

  1. Shopping fest to offer bigger bargains amid global gloom 9
    09 Jan ' 09 at 11:09
    I agree with DG in tha the landlords are to beblamed for the hiked prices. It always goes back to them, cause they are the ones in...  More »
  2. RERA clamps down hard on developers 5
    09 Jan ' 09 at 12:15
    I think they are doing a good job with the fly by night developers.This regulation is on par with those eslewhere in developed and...  More »
  3. UAE gov't mulls plan to help redundancy victims 4
    09 Jan ' 09 at 03:16
    Good move by the Govt to save the expats losing jobs and also the economy being affected. UAE and GCC countries has long been very...  More »
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