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, 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 ...
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 builder Arabtec Holding is asking shareholders to reverse a decision made in September to proceed with a bankruptcy and liquidation filing, according to a bourse filing on Monday. DUBAI, Nov 30 ...
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 (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 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, United Arab Emirates – The Dubai Financial Market says it has suspended trading shares of Arabtec, Dubai's largest construction company, pending clarification of media reports about strategic ...
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 on Wednesday announced that its wholly-owned subsidiary, Arabtec Construction, has been awarded two contracts worth a total of AED610 million ($166 million) for major projects in Dubai ...
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 ...