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Sun, 08 Nov 2009 | 07:33 GMT

Arabtec Construction  
 
 
 
 
 
 
 
Company Updated: Mar 30, 2009
 
Limited Liability
 
 
Civil contractors for residential, commercial and mixed use buildings.
1975
52,000 Company, 500 Headquarters (As of Mar 22, 2009)
Abu Dhabi
Jordan
Qatar
 
Pakistan
 
 
 
 Key Officers
Riad Burhan Taher Kamal
Chairman
Thomas Patrick Barry
Director and Chief Executive Officer
 
 Contact Details
Address:
Arabtec Building
Sheikh Zayed Road
Al Quoz Area, Interchange 4
P.O. Box 3399
Dubai
United Arab Emirates
 
+971 4-340-0700
 
+971 4-340-4004
 
arabtec@arabtecuae.com
 
www.arabtecuae.com

 
  Latest Headline
Too many contractors will be chasing too few projects next year - Emirates Business 24/7
 
  Business Overview
Arabtec Construction, the construction arm of Arabtec HoldingArabtec HoldingLoading..., provides civil contracting services for residential, commercial and mixed-use buildings in the UAE, Qatar, Syria, Jordan, Pakistan and Russia. Arabtec serves clients like Emaar PropertiesEmaar PropertiesLoading..., NakheelNakheelLoading..., Al Dar PropertiesAl Dar PropertiesLoading..., Dubai PropertiesDubai PropertiesLoading..., as well as the Dubai and Abu Dhabi Governments.

The company’s primary geographical focus is the UAE, where it undertakes high-rise towers, commercial, residential and mixed-use buildings. Arabtec was awarded a AED1.6 billion (USD436 million) contract, in August 2008, to build 1,437 villas in Dubai’s Bawadi-Asmaran. In 2007 Arabtec won a contract in Qatar’s AED12.1 billion (USD3.3 billion) Al Waab City project to develop the residential and commercial property.

A planned construction contract between Arabtec, WCT Engineering (Malysia) and Meydan L.L.C. was canceled in January 2009. Meydan claimed that its joint venture partners in the AED4.7 billion (USD1.3 billion) project delayed implementation.

In keeping with its parent company’s strategy to expand into new markets, Arabtec Construction set up a SAR150 million (USD40 million) subsidiary in Saudi Arabia, in March 2009, with the Construction Products Holding CompanyConstruction Products Holding CompanyLoading..., a Saudi Binladin GroupSaudi Binladin GroupLoading... company. Arabtec Saudi Arabia is targeting a turnover of SAR1.5 billion (USD400.5 million) during its first four years of its operations.
 
 
 Major Shareholders
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 Available to subscribers only. Information in this section includes Shareholder Names and their corresponding Holding Percentages. » More Details
 
  Organization Structure and Related Entities 
Subsidiaries/Associates/Affiliates
 
Name  Country  Holding
Arabtec Saudi Arabia Saudi Arabia 45.00%
 
 
Company information provided by © 2009 ABQ Zawya Ltd.
 
 
    
 
 
 
 
 

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