Subscription to Arabtec’s Capital Hike Starts Monday

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.

Dubai’s Arabtec Returns To Profit in Q1 2017

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

Arabtec Asks Banks to Waive Debt Terms

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 Appoints Hamish Tyrwhitt as New CEO

Arabtec Holding on Tuesday announced it has appointed Hamish Tyrwhitt, former Leighton Holdings Chief, as the group's CEO.

Arabtec to Launch New Hotel in Dubai

Dubai-based developer Arabtec will build a five-star hotel in Dubai Internet City after it won the contract worth AED 340 million.

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