The report issued on Friday said that a sharp decline in stock price of Dubai-listed Arabtec shows the market is too focused on the acquisition price and dilution. The market “is missing the potential ...

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 ...

He said Arabtec shareholders are not likely to get much from its assets as their market value will be much lower in case of a bulk sale. On September 30, Arabtec Holding shareholders approved the ...

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 ...

Shareholders of troubled construction giant Arabtec may be asked to extend a deadline to submit the company’s application for liquidation, it was revealed on Monday. Arabtec’s board of directors said ...

The shareholders of one of the Middle East’s largest contractors, Arabtec, have voted to pursue liquidation following a loss of AED794 million (US$213 million) in the first half of 2020. Arabtec ...

DUBAI, March 3 (Reuters) - Dubai builder Arabtec, which underwent a major management shakeup last week, said it will rely on the reputation of its biggest shareholder and proceeds from a planned $1.8 ...

The Dubai-based contracting company declared a net profit of Dh166.6 million in the same period a year earlier. Arabtec recently announced a joint venture with Bahrain-based Masawa Holding, and has ...

DUBAI — Arabtec Holding shareholders authorized the board of the Dubai-listed construction company on Wednesday to file for liquidation due to its untenable financial position following the fallout ...

The Arabtec-Samsung Engineering joint venture aims to become a powerhouse in the projects industry On 17 April, the UAE’s Arabtec Holding announced that it had signed a memorandum of understanding ...

Arabtec Holding on Wednesday announced appointments of new chief executives for its two subsidiaries. The firm announced appointment of Sami Asad as Chief Executive Officer for its newly-created ...

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 ...