Dubai Labourers on ‘rare’ labour protest
Two Arabtec employees who asked not to be identified said several thousand workers engaged on various projects did not report for duty on Sunday.
May 20, 2013 9:33
Arabtec’s new Chief says Aabar not seeking stake increase
Ismaik was also quoted saying Arabtec wants to preserve its liquidity and does not want to borrow more and increase its debt.
March 3, 2013 10:08
Dubai builder Arabtec suffers first loss since 2009
Net loss is 11.6 mln dirhams; Revenue 1.3 bln dirhams vs 1.2 bln yr-ago; Gross margins drop 9.9 percent year on year; Shares close down 4 pct on Dubai bourse
August 9, 2012 10:30
Abu Dhabi airport contractors near $1.1 billion finance deal
The consortium building Abu Dhabi's new airport terminal is close to securing a 4-billion dirhams ($1.1 billion) financing deal, which will be mainly sharia-compliant, banking sources said on Wednesday.
August 8, 2012 4:20
Dubai's Arabtec Q1 Net Surges
Q1 net profit 84.1mln dirhams vs. 26.6 million a year ago; Results beat average analysts forecasts; Says considering buying remaining 45 percent in steel unit; Abu Dhabi fund Aabar owns 10.5 percent in Arabtec
May 9, 2012 9:25
Arabtec-Tav Group Nears $3 Billion Abu Dhabi Airport Contract
An Arabtec Holding consortium that includes Greek and Turkish firms is on the cusp of securing an estimated $3 billion contract for the expansion of Abu Dhabi's international airport, four industry sources told Reuters.
April 25, 2012 2:52
Dubai's Arabtec Says Unit in $137 Million Contract Win
An Arabtec Holdings unit has won three contracts in Qatar and the UAE worth $137.22 million, the Dubai builder said on Monday. The largest of the contracts, worth a combined AED504 million, is from Qatar Petroleum for the construction of a workers facility to be built over three years, according to a statement
April 23, 2012 4:25
Dubai's Arabtec Wins Contract from Shareholder Aabar
Arabtec, in which state-owned investment fund Aabar owns a 10.45 percent stake, said the contract to build a tower of 229 apartments would take 22 months to complete.
April 22, 2012 10:42
Dubai’s Arabtec’s Q4 profit surges
Dubai builder Arabtec , in which Abu Dhabi's Aabar Investments upped its stake recently, saw a three-fold rise in its fourth-quarter net profit, handily beating analyst expectations.
March 8, 2012 3:37Abu Dhabi’s Aabar raises stake in Dubai builder Arabtec
Abu Dhabi's Aabar Investments, which scrapped a $1.7 billion deal to take a majority stake in Arabtec two years ago, has raised its holding in the Dubai builder to 5.28 percent, according to a filing on the Dubai stock exchange on Monday.
March 6, 2012 11:01Dubai’s Arabtec appoints new chairman
Dubai builder Arabtec has appointed Ibrahim Belselah as its chairman, the company said on Tuesday.
September 20, 2011 2:45
Credit Suisse cuts target on Dubai’s Drake, Arabtec
Lowers Drake price target to 1.26 dirhams from 1.30 dirhams; Keeps "outperform" rating on Drake; Reduces Arabtec price target to 1.34 dirhams from 1.47 dirhams; Retains "neutral" rating on Arabtec
September 8, 2011 4:05Dubai sees biggest gain in 15 months, markets up
Dubai's index makes its largest gain in 15 months with the benchmark climbing 4.3 per cent to 1,513 points, trimming its 2011 losses to 7.2 percent.
March 13, 2011 3:08UAE’s Arabtec swings to profit; delays rights issue
Q4 net profit 54.7 million dirhams - Reuters calculated; Full-year net profit 307.1 mln dirhams; Postpones rights issue, convertible bonds; Shares up 7.9 percent.
March 9, 2011 4:09UAE’s Arabtec unit wins $56 mln contract for Shah ga
The contract awarded by Italy's Saipem SPA includes construction of 12 substation buildings and equipment shelters with a total area of 20,000 square metres.
February 20, 2011 2:52
Kuwait: expats sent packing
The state plans to get tough and reduce the number of foreign residents.
May 20, 2013 5:05
Dubai Labourers on 'rare' labour protest
Two Arabtec employees who asked not to be identified said several thousand workers engaged on various projects did not report for duty on Sunday.
May 20, 2013 9:33
Tumblr officially off the market
Yahoo! board unanimously approves the acquisition...
May 19, 2013 3:20
A maid's wage
An FNC member to argue that minimum wages are 'taking advantage' of employers.
May 20, 2013 4:24
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43