The emirate’s second-largest lender, has been “tied up” in restructuring talks and has been forced to write down the value of many of the loans, according to Bloomberg
Arabtec Holding
Latest in Arabtec Holding
Arabtec Holding
Arabtec bankruptcy petition accepted by Dubai court
Dubai Court of First Instance has agreed to open bankruptcy proceedings for Arabtec Holding and its subsidiaries
Arabtec Holding
Arabtec’s bankruptcy application in the hands of expert panel
Troubled UAE building giant and various subsidiaries part of bankruptcy petition filed to Dubai Court
Arabtec Holding
Will Arabtec ever climb out of the debt hole?
As Arabtec’s Group CEO steps down, Arabian Business special correspondent and Editor-in-Chief of Construction Week Middle East Ashley Williams looks at what’s next for the embattled major
Arabtec Holding
CEO of Dubai’s Arabtec quits amid ongoing liquidation process
Crisis-hit construction company announces resignation of Wail Farsakh
Arabtec Holding
Arabtec hires advisors as it seeks to sell subsidiaries amid ongoing liquidation
Construction major says it is considering auction sales to achieve best value for creditors as liquidation process continues
Arabtec construction
Arabtec board set to meet for first time since liquidation filing
Construction company says board of directors will meet on Wednesday
Arabtec Holding
End of an era as Dubai’s Arabtec files for liquidation
Company announces that it has filed for insolvent liquidation following decision of shareholders
Arabtec Holding
Arabtec board makes progress on application for liquidation
Board of construction giant holds meeting to ‘take the required actions in relation to proceed’ with insolvency application
Arabtec Holding
Board of Dubai’s Arabtec to meet on Tuesday
Arabtec Holding is currently going through insolvency liquidation process
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.
Arabtec construction
Dubai’s Arabtec Holding appoints new chairman
Al Rumaithi is replaced at the helm of UAE building giant by Waleed Ahmed Al Mokarrab Al Muhairi
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
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
