DUBAI, Oct 7 (Reuters) - Just over six years ago, Dubai-listed Arabtec Holding ARTC.DU had investors eating out of its hands. At a lavish shareholder meeting at Abu Dhabi's St. Regis Hotel, the ...
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 ...
DUBAI, Nov 10 (Reuters) - Dubai-listed contractor Arabtec ARTC.DU has terminated thousands of workers again in recent weeks, sources said, as the construction firm prepares for liquidation after the ...
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 contractor Arabtec said on Wednesday a four-day strike by foreign workers seeking higher pay was over and the emirate's police chief said 200 of them would be repatriated. The company, ...
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 ...
Dubai construction firm Arabtec maintains a good relationship with major shareholder Aabar Investments and expects to continue growing strongly, Arabtec’s chief executive said on Monday. Shares in ...
Abu Dhabi/Dubai Dubai-based Arabtec Holding yesterday pulled out of a proposed $1.74 billion (Dh6.38 billion) takeover by Aabar Investments but kept the door open to a future "strategic partnership" ...
DUBAI (Reuters) - Dubai construction company Arabtec 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 Sunday.
Dubai-based contractor Arabtec, part-owned by Abu Dhabi state fund Aabar Investments, will raise $650 million through a rights issue before the end of June to help to fund expansion. The company said ...
Arabtec Holding has appointed a former Leighton Holdings chief as its new group CEO. Arabtec’s board approved the appointment of Hamish Tyrwhitt as its new CEO, replacing the acting CEO Saeed Mohamed ...
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 ...
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