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Dubai’s developer Arabtec Holding’s BoD approved on Sunday, April 18, the increase of its capital by AED 1.5 bn, Invest-Gate reports.
Dubai’s developer Arabtec Holding is to hold its BoD meeting on June 19 to discuss updates on its recapitalization program, Invest-Gate reports.
Dubai-based real estate developer Arabtec Holding won a contract worth AED 1.46 bn for the construction of 2020 Tower, Invest-Gate reports.
Subscription to Arabtec Holding’s AED 1.5 bn rights issue will start on Monday, May 15 and end on Thursday, May 28, Invest-Gate reports.
Leading UAE construction company Arabtec Holding returns to profits in its financial results of the 1Q of 2017 after two years of losses, according to Reuters
Dubai-listed Arabtec Holding is asking banks to waive terms on its debt after it reported accumulated losses of AED 4.6 bn (USD 1.25 bn) last year, Invest-Gate reports.
Arabtec Holding on Tuesday announced it has appointed Hamish Tyrwhitt, former Leighton Holdings Chief, as the group's CEO.
Dubai-based developer Arabtec will build a five-star hotel in Dubai Internet City after it won the contract worth AED 340 million.