Monday 23 December 2024
 
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Arabtec

Arabtec hires global advisors for sale of Dubai engineering unit

Arabtec Holding, a top construction company in the Middle East region, said it has signed up corporate advisory firms deNovo and Lumina Capital Advisers for managing the proposed sale of its key subsidiaries Target and Arabtec Engineering

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Arabtec says to go ahead with its liquidation plan

Leading Dubai-based contractor Arabtec Holding said it will go ahead with its plans to file application for insolvent liquidation in the competent courts 'at the earliest opportunity' due to its untenable financial position following t

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Arabtec unit secures Saudi offshore marine works deal

Arabtec Holding, a leading Dubai-based contractor, said one of its subsidiaries, Target Engineering Construction Company, has won a 14 months sub-contract for the offshore marine works at Jubail region of Saudi Arabia.  

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Arabtec unit wins $110m Abu Dhabi EPC contract

Arabtec Holding, a leading contractor for social and economic infrastructure, said one of its subsidiaries, Target Engineering Construction Company has been awarded a AED403.8 million ($110 million) contract by Abu Dhabi Company for Onshore Pe

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Arabtec unit wins Saudi Aramco refinery project work

Arabtec Holding, a UAE-based contractor for social and economic infrastructure, said one of its units, Target Engineering Construction Company, has been awarded a SR200 million ($53.2 million) contract by Saudi Aramco for the replacement of fi

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Arabtec unit wins Saudi Aramco refinery project work

Arabtec Holding, a UAE-based contractor for social and economic infrastructure, said one of its units, Target Engineering Construction Company, has been awarded a SR200 million ($53.2 million) contract by Saudi Aramco for the replacement of fi

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Arabtec unit wins $57m Abu Dhabi construction projects

Arabtec Holding, a leading contractor for social and economic infrastructure, said its wholly-owned subsidiary, Target Engineering, has secured two key contracts worth Dh210 million ($57 million) in the UAE.   

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Etisalat to help boost digital transformation at Arabtec

UAE's leading telecom services operator Etisalat has announced that it has entered into a strategic partnership with top Dubai contractor Arabtec to provide fully digitalised solutions in a bid to accelerate its digital transformation journe

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Arabtec posts $119m net loss; 9-month revenue down 18pc

Arabtec Holding, Dubai's largest listed construction firm, has registered a third-quarter loss of Dh437.4 million ($119.1 million) owing to the continued decline of the real estate and construction sector. The Dubai contractor

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Arabtec mulls tie-up with Abu Dhabi builder Trojan

Arabtec Holding, a leading contractor for social and economic infrastructure, said it is looking at the possibility of entering into a co-operation agreement in the construction sector with Abu Dhabi-based group Trojan Holding. An

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