Dubai-based contractor, Arabtec Holding, announced a net profit of AED75mn and a 3.2% revenue growth for the nine months ending September 2017.
Arabtec subsidiary, Target Engineering Construction Company, has been awarded an AED196mn contract by Emaar Properties for Phase I of Forte.
Arabtec reported a net profit of AED42mn in the first six months of 2017, as compared to a net loss of AED243mn in the same period in 2016.
Arabtec Holding's wholly-owned subsidiary, Arabtec Construction, has been awarded an AED363mn contract for the construction of the Dubai South Mall.
Arabtec has been awarded a AED628mn contract from Damac Properties for the design and construction of the main works for 1,296 villas of the Akoya Oxygen
Target Engineering Construction Company, a wholly-owned subsidiary of Arabtec Holding, has been awarded four projects amounting to AED289mn.
Arabtec Construction bagged the AED353mn contract from Abu Dhabi National Media Council to build the UAE Pavilion at Expo 2020.
Dubai-based contractor Arabtec has won a AED 1.46bn ($397mn) contract to build a 300 metre tower alongside Sheikh Zayed Road by 2020. Developed by Wasl Asset Management (Wasl), the 63-storey mixed use tower will house a Mandarin ...
Arabtec Holding has appointed Boyd Merrett as Chief Executive Officer of Arabtec Construction. Boyd joins Arabtec from CIMIC Group, where he was the General Manager for Leighton Asia in Hong Kong, responsible for winning and ...
Ailing construction contractor reports first quarterly profit since 2014.