Exit of major players such as Arabtec from the GCC construction sector has impacted current projects, supply chains and banks
Arabtec
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Arabtec
Video: Arabtec – the projects that created a construction giant
Dubai based construction giant Arabtec voted on Wednesday to file for an insolvent liquidation following a net loss of $216m for the first six months of the year.
Arabtec
In pictures: The rise and fall of a UAE construction giant
Founded in 1975, is DFM bellweather Arabtec facing liquidation this year?
Arabtec
Video: UAE construction giant Arabtec said to be placed into liquidation
UAE-based Arabtec Holding is to be placed into liquidation, it has been reported.
Abu Dhabi construction
Dubai’s Arabtec confirms talks on possible construction merger
Arabtec Holding says that it is in talks over a possible merger of its construction business with Trojan Holding
Arabtec
Arabtec appoints new group chief operating officer
Wail Farsakh joins Dubai contractor from Dutco Balfour Beatty
Arabtec
Emaar’s Egyptian unit signs $112m construction contract with Arabtec
Dubai-based Arabtec to build two projects in Uptown Cairo, which features 449 residential units
Arabtec
Construction awards slump hits H1 profits of Dubai’s Arabtec
Contracting giant Arabtec says decrease in awards in the construction sector result in 48% fall in net profit for first six months of 2019
Abu Dhabi Ports
Dubai’s Arabtec appoints acting CFO amid turnaround efforts
Adel Al Wahedi joins Dubai contracting giant Arabtec from Abu Dhabi Ports Company
Arabtec
Arabtec unit wins $52m contract for Dubai residential project
Target Engineering Construction Company secures deals for Wilton Park Residence project from Ellington Properties
Arabtec
Dubai’s Arabtec wins $59m contract for Indian project
Arabtec Construction has won the deal for the construction of the Navin Minar development from Raheja Developers
Arabtec
CEO of Dubai’s Arabtec steps down as Q1 profits fall
Hamish Tyrwhitt leaves Dubai-based contracting giant Arabtec, replaced by chief financial officer
Arabtec
Dubai’s Arabtec eyes expansion in key Gulf markets
Hamish Tyrwhitt, Group CEO of Arabtec, identifies opportunities in the UAE, Saudi Arabia, Bahrain and Kuwait
Ahmed Al Khatib
Arabtec Construction awarded Expo 2020 Dubai contract
Arabtec Construction to complete 29,000 sqm of public spaces next to Expo 2020’s Al Wasl Plaza
Arabtec
Arabtec unit wins $96m contracts for Damac projects in Dubai
The contracts, won by Arabtec Construction, are for the construction works at two luxury residential towers, Reva Residences and Vera Residences
Arabtec
Arabtec unit wins $60m contract from Dubai Properties
Arabtec Construction has been selected to build 352 villas in Dubai Properties’ Amaranta project in Villanova
Arabtec
Arabtec Q3 profit soars 140% on project wins
Arabtec reduced its net debt by $39m, and said it will continue to review non-core assets which are not considered key to the business for divestment or development