ArabianBusiness.com - Middle East Business News
Monday, 01 December 2008 | 21:00 UAE time

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COMPANIES

Arabtec Holding

  • +4.57 Last
  • +0.02 (+0.44%) Today's Change
  • 8.31m Volume
  • 2.94-19.65 52 Week Range
  • -4.17 (-47.71%) 52 Week Change
As of 1 Dec 2008 09:59 GMT (Market Closed)

COMPANY DESCRIPTION

Arabtec Holding, formerly known as Arab Technical Construction Company (ATCC), was formed to invest in the construction sector through acquiring or owning shares in existing companies in the UAE to benefit from the ongoing construction boom.

In August 2004, 55% of the company was sold through an IPO and was 74 times oversubscribed.

KEY INFORMATION

Industry

Engineering Services, Heavy Construction, Misc. Construction Services, Precast and Concrete

Address

Arabtec Building, Sheikh Zayed Road, 72122, Dubai, UAE

T

971 4 3400700

F

971 4 3404004

E

arabtec@arabtecuae.com

W

www.arabtecholding.com

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 29 Nov 2004 -

MAJOR SHAREHOLDERS

NameCountry
HH Sheikh Butti Bin Maktoum Bin Juma Al Maktoum UAE
Mazrui Holding Company UAE
Riad Burhan Kamal Jordan

PORTFOLIO

NameCountry
Arabtec - WCT UAE
Arabtec Construction Mauritius Pakistan
Arabtec Construction Qatar
Arabtec Construction UAE
Arabtec Eastern Model UAE
Arabtec Engineering Enterprises Company Jordan
Arabtec Engineering UAE
Arabtec International Company Mauritius
Arabtec Pakistan Pakistan
Arabtec Precast UAE
Austrian Arabian Ready Mix Concrete Company UAE
Emirates Falcon Electromechanical Company UAE
Gulf Steel Industries UAE
House of Equipment UAE
Nasser Bin Khaled Factory Ready Mix Concrete Company Qatar
Target Engineering Construction Company UAE

OFFICERS

BOARD OF DIRECTORSPosition
Sheikh Butti Bin Maktoum Bin Juma Al Maktoum Chairman
Hussain Jasem Al Nowais Vice Chairman
Sheikh Sultan Bin Saqer Al Qassimi Board Member
Sheikh Nawaf Bin Naser Al Thani Board Member
Anis Abdullah Al Jallaf Board Member
Shames Ali Khalfan Al Dhahry Board Member
Arif Naqvi Board Member
Raid Burhan Kamal Board Member
Thomas Partick Barry Board Member
MANAGEMENTPosition
Riyad Burhan Kamal Managing Director & Chief Executive Officer
Omar Badran Chief Financial Officer
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details. All markets data located on ArabianBusiness.com is subject to the ArabianBusiness.com Terms & Conditions. Content should be used for general information use only. Charts and statics display delayed intraday data. Share price information may be rounded up/down and therefore may not be entirely accurate Selected data supplied by Reuters Limited. Click for Restrictions.