CAIRO/DUBAI (Reuters) - Egypt’s housing ministry and Dubai's Arabtec (ARTC.DU) have agreed some of the terms for a $40 billion project to build one million homes across the country, and they will sign ...
Dubai’s largest listed construction firm Arabtec swung to a second-quarter net loss on Sunday, missing analysts’ estimates as costs rose. The builder had also reported losses in the preceding two ...
Dubai-listed construction firm Arabtec Holding signed to build 1 million affordable housing units, not only inking the largest deal in the company's history, but also deepening political ties at a ...
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 (Reuters) - Dubai-listed contractor Arabtec has terminated thousands of workers again in recent weeks, sources said, as the construction firm prepares for liquidation after the coronavirus ...
DUBAI (Reuters) - Dubai construction company Arabtec (ARTC.DU) 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 ...
Arabtec, which was involved in the construction of the world’s tallest tower Burj Khalifa, said in a statement that: “Closing of the transaction is only subject to completion of legal diligence by ...
Arabtec Holding PJSC, the United Arab Emirates’ biggest construction company, appointed Hasan Ismaik to replace Riad Kamal as chief executive officer and said it plans to raise 6.4 billion dirhams ($1 ...
More accustomed to bricks and mortar, the UAE’s largest listed contractor has been busy rebuilding itself of late. But, finally, there are real signs of green shoots for Arabtec. “Things are looking ...
DUBAI—Arabtec Holding PJSC, a Dubai-listed construction firm, said net profit in the second quarter rose 11%, underpinned by its continuing projects and growth in its main markets throughout the ...