We take a look back on some of their milestone projects since the company was established in 1976.
In 2001, Arabtec constructed the award winning 21st Century Tower for Rostamani Real Estate and was also awarded its first villa contract by Emaar.
In 2004, with Samsung and Besix, they started construction on the world’s tallest building, the Burj Khalifa.
Same year, Arabtec Holding PJSC became publicly listed on the Dubai Financial Market (DFM).
In 2017, they received an AED 1.46bn contract from Wasl Asset Management for the construction of the Wasl Tower, along with a AED 353mn contract to build UAE Pavilion at Expo 2020.
Same year, they also completed the Louvre Museum Abu Dhabi.
Now, against a backdrop of “adverse market conditions”, shareholders of the company made the decision to be placed into liquidation at their annual general meeting.
(Source: Arabian Business YouTube channel)
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