Arabtec Holding PJSC

Type: Company
Name: Arabtec Holding PJSC
First reported 21 hours ago - Updated 2 hours ago - 1 reports

UAE overtakes Saudi as top Gulf construction market

The UAE overtook Saudi Arabia as the region's largest construction market last year, the first time since 2008, according to a new report by Deloitte.In terms of contract awards, the UAE replaced Saudi Arabia as the GCC's largest construction market $16.2bn, ... [Published Arabian Business - 21 hours ago]
First reported 9 hours ago - Updated 6 hours ago - 5 reports

Arabtec workers stage strike in Abu Dhabi, Dubai

Dubai's largest construction firm, Arabtec has confirmed thousands of its workers have stayed away from work on Sunday demanding better wages, Reuters has reported. Two Arabtec employees who asked not to be identified told the news service several thousand ... [Published AME Info - 6 hours ago]
First reported 16 hours ago - Updated 10 hours ago - 1 reports

Dubai market hits 4.5-year high, Emaar flirts with Dhs6

The Dubai Financial Market gained the 8th session straight on Sunday, closing 2.45% higher at 2,352.21 points. Tailwinds from the U. S. where consumer sentiment levels reached a 6-year high last Friday, kept the momentum on a bullish note. Market bellwether ... [Published AME Info - 16 hours ago]
First reported 11 hours ago - Updated 11 hours ago - 1 reports

Boom time for Abu Dhabi and Dubai stock exchanges

UAE markets continued their strong performance in April with Abu Dhabi 8 per cent higher and Dubai up 17 per cent. According to World Equity Index Rankings by Bloomberg, as of the end of last month, Dubai - 32 per cent higher - is ranked second and Abu ... [Published Abu Dhabi National - 11 hours ago]
First reported May 19 2013 - Updated May 19 2013 - 1 reports

Arabtec appoints new human resources chief

Arabtec Holding (PJSC) has appointed a new chief human resources officer for its construction business.Peter Roche has joined the firm to take charge of the firm's human resources at a time when employee numbers are expected to experience strong growth ... [Published ConstructionWeekOnline.com - May 19 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Depa shares soar after Arabtec influence clarified

The FTSE NASDAQ Dubai UAE 20 Index closed 0.10% lower at 2578.71. Dubai-based interior design firm Depa Limited jumped 10% in value to close at $0.44. Arabtec Construction, which has a 25% stake in Depa Limited said earlier in the day, 4 Arabtec top managers, ... [Published AME Info - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Arabtec appoints new Chief Human Resources Officer for its construction business

Arabtec Holding PJSC 'Arabtec', a construction company in MENA specialising in complex projects, announced today the appointment of Peter Roche as Chief Human Resource Officer to lead the overall strategic direction and business contribution of the human ... [Published AME Info - May 16 2013]
First reported May 15 2013 - Updated May 16 2013 - 3 reports

Arabtec CEO Appointed on Depa Board of Directors

Arabtec CEO Hasan Abdullah Ismaik, CFO Iyad Abdul Rahim and Arabtec board members, Mohammad Al Fahim and Wassul Fakhoury, were also selected on the reshuffled board after approval by shareholders at an AGM. Marwan Shehadeh and Chris Foll were reappointed ... [Published Construct Arabia - May 16 2013]
First reported May 15 2013 - Updated May 15 2013 - 2 reports

Arabtec Asserts Depa Influence by Taking Four Board Seats

(Adds closing share prices in last paragraph.)May 15 (Bloomberg) -- Arabtec Holding Co.’s chief executive officer was made a director of Dubai interior contractor Depa Ltd. as the construction company exerts its influence after buying almost a quarter ... [Published La Repubblica - May 15 2013]
First reported May 15 2013 - Updated May 15 2013 - 1 reports

Arabtec CEO, executives on Depa board

Depa records 18% rise in Q1 revenue to Dh446 million Dubai: Arabtec Holding?s chief executive officer has been appointed on the board of directors for interiors contractor Depa after the construction company bought nearly a quarter of the firm last year ... [Published Gulf News - May 15 2013]
First reported May 14 2013 - Updated May 15 2013 - 6 reports

Drake & Scull’s order book crosses Dh10 billion, says CEO

Tabari says he has no plans to sell his own stake in Drake & Scull Abu Dhabi: Dubai Financial Market (DFM)-listed construction firm Drake & Scull International?s (DSI) current backlog of orders has crossed Dh10 billion, Khaldoun Tabari, the company?s ... [Published Gulf News - May 15 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

Arabtec seeks bigger presence on Depa board

Depa shares were suspended yesterday after its biggest shareholder sought increased board representation, investors and brokers said.A Nasdaq Dubai filing said the company's stock would be suspended from trading "until further notice".It followed Depa's ... [Published Abu Dhabi National - May 14 2013]

Quotes

"The protest started in Abu Dhabi on Saturday and today (Sunday), workers in Dubai have also joined" he said
Andrew Jeffrey, director, Corporate Finance, Deloitte Middle East, added: "Additionally by engaging more intelligently with clients, contractors should look at more innovative ways of sharing savings, risks and opportunities to the benefit of all."
Hasan Abdullah Ismaik, Managing Director and Chief Executive Officer of Arabtec Holding said: "Employees sit at the heart of our operations; we recognise the importance of human resource development and attribute our every growing success to the expertise, competencies and craftsmanship of our human capital. Peter is a great addition to our team; his expertise will play an instrumental role in reaching our potentials by effectively aligning our human resources strategies with our business ambitions"
...a strong start to the year and are making good progress especially in our contracting business in the Gulf countries, most notably Saudi Arabia. "Over the past few years we have positioned the business ready for a recovering market and we are seeing a rise in the number of projects for tender. It is early days and we remain cautious as to the projects we take on."

More Content

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Arabtec workers stage strike in Abu Dhabi, Dubai [Published AME Info - 6 hours ago]
Dubai labourers stage rare strike for more pay [Published Moneycontrol.com - 9 hours ago]
Dubai labourers stage rare strike for more pay [Published NewsRT.co.uk - 9 hours ago]
Dubai labourers stage rare strike for more pay [Published Araboo.com - 9 hours ago]
Dubai labourers stage rare strike for more pay [Published Reuters UK - 9 hours ago]
Boom time for Abu Dhabi and Dubai stock exchanges [Published Abu Dhabi National - 11 hours ago]
Dubai market hits 4.5-year high, Emaar flirts w... [Published AME Info - 16 hours ago]
UAE overtakes Saudi as top Gulf construction ma... [Published Arabian Business - 21 hours ago]
Fairmont President: New Hotels For UAE And GCC [Published Gulf Business - 22 hours ago]
Arabtec appoints new human resources chief [Published ConstructionWeekOnline.com - May 19 2013]
Depa shares soar after Arabtec influence clarified [Published AME Info - May 16 2013]
DFM rises amid drop in volumes, ADX remains flat [Published Gulf News - May 16 2013]
Arabtec appoints new Chief Human Resources Offi... [Published AME Info - May 16 2013]
Arabtec CEO Appointed on Depa Board of Directors [Published Construct Arabia - May 16 2013]
Four Arabtec bosses appointed to Depa board [Published ConstructionWeekOnline.com - May 16 2013]
Dubai construction company order book tops $2.7... [Published Albawaba - May 16 2013]
Drake & Scull chief named director on Depa board [Published Abu Dhabi National - May 15 2013]
Arabtec Asserts Depa Influence by Taking Four B... [Published La Repubblica - May 15 2013]
Arabtec CEO, executives on Depa board [Published Gulf News - May 15 2013]
Depa dives as NASDAQ Dubai resumes trading [Published AME Info - May 15 2013]
Drake & Scull’s order book crosses Dh10 billion... [Published Gulf News - May 15 2013]
Bulls keep running at Dubai market, Du shaves 5... [Published AME Info - May 15 2013]
Arabtec Asserts Depa Influence by Taking Three ... [Published La Repubblica - May 15 2013]
Tabari has no intentions to sell stake in DSI [Published MENAFN - May 15 2013]
IPIC announces financial results for the period... [Published AME Info - May 15 2013]
DSI rules out selling stake in company [Published AME Info - May 15 2013]
Drake & Scull International CEO Tabari wont sel... [Published Khaleej Times - May 14 2013]
Arabtec seeks bigger presence on Depa board [Published Abu Dhabi National - May 14 2013]
Drake and Scull chief dismisses speculation [Published KippReport - May 14 2013]
TAV announces $400m Riyadh airport T5 tender win [Published ConstructionWeekOnline.com - May 14 2013]
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