Arabtec wins work on $300m twin towers in Dubai

Arabtec, the Dubai-listed construction company, says it been awarded a contract to build a AED 1.1 billion ($300 million) twin-tower project in...

Construction

Dubai’s Arabtec says ex-CEO is not joining board

Arabtec on Monday dispelled rumours that its ex-CEO is to join its board, prompting a new fall in the contractor’s volatile Dubai-listed stock.The...

Construction

Arabtec shares up 14% as ex-CEO said to boost stake

Arabtec shares rose by more than 14% on Monday amid unconfirmed reports that the former CEO is boosting his stake in the...

Construction

Dubai’s Arabtec ‘looks to build 13,000 homes in Egypt’

Arabtec, the Dubai-listed contractor, has submitted a proposal to Egypt’s government to build 13,000 homes in the North African country, the firm’s...

Construction

Dubai’s Arabtec reports heavy losses in ‘difficult regional market’

Arabtec, the Dubai-listed contractor, has reported losses for a fourth straight quarter, with a “difficult environment” contributing to a 24% decline in revenue.In...

Construction

Shares in Dubai’s Arabtec down 5% after Q2 loss

Shares in the Arabtec fell by over 5% on Sunday after the Dubai-listed builder reported a second-quarter loss on the back of...

Construction

Egypt denies $37bn Arabtec housing project has stalled

Cairo has denied a report that Arabtec’s $37 billion deal to build homes in Egypt has stalled, prompting a 2.15% recovery in...

Construction

Dubai-listed Arabtec wins two Emaar contracts worth $100m

The Dubai-listed Arabtec Holding has won two contracts worth a total of AED375 million ($102m) to construct residential villas for Emaar properties,...