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Arabtec appoints new chief risk officerArabtec Holding, a leading construction company in Mena, has appointed David Doyle as chief risk officer. Doyle will lead a function focused on risk management and control to support the company’s performance and reputation, More… |
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Arabtec $650m rights issue to open on June 9Dubai-based contractor Arabtec, part-owned by Abu Dhabi state fund Aabar Investments, will begin subscription for a $650 million rights issue on June 9, the UAE's market regulator said on Thur More… |
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200 Arabtec workers to be repatriatedAbout 200 Arabtec workers, who took part in a four-day strike by foreign workers seeking higher pay, will be repatriated to their home countries, Dubai's police chief has said. More… |
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Arabtec workers end strike; dispute 'resolved'Dubai contractor Arabtec said on Wednesday that it had amicably resolved a labour dispute that resulted in a four-day work stoppage without clarifying whether the workers' demand for higher wa More… |
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Strike won't affect projects says ArabtecArabtec, Dubai's largest construction firm, said on Tuesday the delivery of projects was unaffected by what it called a partial labour stoppage, adding it was working with authorities in the UAE to resolve the issue. More… |
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Arabtec workers stage rare strikeThousands of workers employed by Dubai's largest construction firm, Arabtec, stayed away from work on Sunday to back wage demands, a rare labour protest in the emirate, where trade unions are More… |
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Drake & Scull ‘will not sell stake in company’The chief executive of Dubai contractor Drake and Scull has no plans to sell his stake in the company, he said on Tuesday, but there will be more partnerships on projects with builder Arabtec. Drake, which specialises in mechanica More… |
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Arabtec wins $66m Emaar villas projectArabtec Construction, a leading Mena construction company, has clinched a Dh243 million ($66.1 million) contract from top developer Emaar for the construction of 253 residential villas at its upcoming “Casa” project More… |
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Arabtec buys electrical services unit for $45mDubai-based builder Arabtec will buy the 45-per cent of Emirates Falcon Electromechanical Co (EFECO) it does not already own for $45 million as it expands into affordable housing projects, two sources with knowledge of the deal More… |
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Arabtec inks JV with Samsung EngineeringArabtec, the contractor part-owned by Abu Dhabi fund Aabar, signed an agreement with Korea's Samsung Engineering to jointly form a new company that will focus on large energy and power-related projects in the region. The JV company More… |
