DUBAI (Reuters) - Dubai construction company Arabtec (ARTC.DU) is close to completing the planning and design stage of its $40 billion deal to build one million homes in Egypt, the company said on ...
ABU DHABI/DUBAI (Reuters) - From a 59-storey tower in Abu Dhabi, the offices of Arabtec look out over the Gulf towards Middle Eastern and Asian nations where the construction firm hopes to expand. It ...
Arabtec, which was involved in the construction of the world’s tallest tower Burj Khalifa, said in a statement that: “Closing of the transaction is only subject to completion of legal diligence by ...
More accustomed to bricks and mortar, the UAE’s largest listed contractor has been busy rebuilding itself of late. But, finally, there are real signs of green shoots for Arabtec. “Things are looking ...
ABU DHABI, United Arab Emirates (AP) — The chairman of Arabtec, the embattled Dubai construction firm that helped build the world’s tallest tower, moved to calm nervous investors Wednesday by ...
Dubai — Dubai’s Arabtec plans to sell four of its five Saudi Arabian units, the builder’s annual results show despite also stating that one of its main aims this year is to expand its activities in ...
Dubai-based construction firm Arabtec came under intense scrutiny over the last few months as the company’s stock went on a wild roller-coaster ride, losing a whopping 70 per cent of its value between ...
Arabtec, the UAE's largest construction company, says it has "cut the fat" in its operations by laying off senior executives -claiming they can "do the same job elsewhere with less pay". Speaking at a ...
DUBAI, Jan 10 (Reuters) - Dubai-based Arabtec Holding may need a $1.7 billion investment by Abu Dhabi's Aabar Investments to cope with future losses, analysts said on Sunday, as its shares fell 6.9 ...
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