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Arabtec Holding PJSC

ARTC.DU

Latest Trade

0.53AED

Change

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Today's Range

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 - 

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52 Week Range

0.52

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1.44

As of on the Dubai Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
0.53
Open
--
Volume
--
3M AVG Volume
0.00
Today's High
--
Today's Low
--
52 Week High
1.44
52 Week Low
0.52
Shares Out (MIL)
1,500.00
Market Cap (MIL)
795.00
Forward P/E
-0.69
Dividend (Yield %)
--

Next Event

Arabtec Holding PJSC Annual Shareholders Meeting

Latest Developments

More

Arabtec Updates On Bankruptcy And Liquidation Application For Co And Certain Subsidiaries

Arabtec Holding Says Wail Farsakh Resigns As Group CEO

Arabtec Hires Advisors To Sell Units Target and Arabtec Engineering Services

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About Arabtec Holding PJSC

Arabtec Holding PJSC is a United Arab Emirates-based company engaged, along with its subsidiaries, in the construction sector. The Company operates in five business segment: the Building construction segment engages in the construction of high-rise towers, building and residential villas; the Precast and concrete production segment produces ready mix concrete and precast; the Drainage and electromechanical works segment is involved in the execution of drainage, electrical and mechanical works; the Marine construction segment is involved in the marine construction, and the Equipment trading segment is engaged in trading of heavy equipment and steel. The Company’s subsidiaries include Arabtec Construction LLC, Austrian Arabian Ready Mix Concrete Co. LLC, House of Equipment Co. LLC and Arabtec Precast LLC, among others. In October, 2013, the Company's subsidiary, Arabtec Construction, completed the acquisition of a 45% share in the Emirates Falcon Electromechanical Company (EFECO).

Industry

Construction Services

Contact Info

P.O.Box 7340

United Arab Emirates

+971.2.3337777

https://www.arabtecholding.com

Executive Leadership

Mohamed Thani Murshed Ghanem Al Romaithi

Independent Chairman of the Board

Peter Pollard

Group Chief Executive Officer

Mohammed Hamad Ghanem Hamad Al Mehairi

Non-Executive Vice Chairman of the Board

Wail Awni Farsakh

Group Chief Operations Officer

Hamad Salem Al Ameri

Member of the Board

Key Stats

4.00 mean rating - 1 analysts
Sell
Hold
Buy
Revenue (MM, AED)

2017

9.1K

2018

9.9K

2019

7.8K

2020(E)

7.1K
EPS (AED)

2017

0.100

2018

0.170

2019

-0.520

2020(E)

-0.765
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.12
Price To Book (MRQ)
5,888.89
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
1,399,854.00
LT Debt To Equity (MRQ)
202,670.40
Return on Investment (TTM)
-83.90
Return on Equity (TTM)
-16.70

Latest News

Latest News

REFILE-Abu Dhabi asks banks to pay $800 mln for airport project guarantees - sources

State-owned Abu Dhabi Airports has called on almost 3 billion dirham ($816.82 million) worth of guarantees issued by local banks on behalf of contractors working on an airport expansion project already delayed by several years, sources said.

Dubai builder Arabtec says to proceed with liquidation

Dubai builder Arabtec Holding said on Monday it will go ahead with its earlier plan to file for bankruptcy and liquidation after shareholders did not agree for the company to continue its existing business and seek restructuring.

Arabtec cuts thousands of jobs ahead of liquidation - sources

Dubai-listed contractor Arabtec <ARTC.DU> has terminated thousands of workers again in recent weeks, sources said, as the construction firm prepares for liquidation after the coronavirus pandemic deepened its financial woes.

Arabtec names Mubadala advisor as interim CFO for liquidation process - sources

Dubai-listed contractor Arabtec Holding <ARTC.DU> has brought in Matthew Holland, a senior advisor with state investor Mubadala, as its interim chief financial officer to help with liquidation plans, two sources familiar with the matter said.

Dubai's Arabtec asks banks for debt standstill for subsidiary, sources say

Arabtec Holding asked banks this week for a three-month standstill on debt repayments for its subsidiary Target, sources said, as the Dubai-listed builder that is facing liquidation seeks to save some of its business.

Arabtec collapse shakes foundations of Gulf construction business

Just over six years ago, Dubai-listed Arabtec Holding <ARTC.DU> had investors eating out of its hands.

Arabtec shareholders vote to liquidate the Dubai construction firm - email

Arabtec Holding shareholders authorised the board of the Dubai-listed construction company on Wednesday to file for liquidation due to its untenable financial position following the fallout from the coronavirus pandemic, an internal company email said.

Dubai-listed Arabtec Holding hires AlixPartners for debt advisory - sources

Loss-making Dubai-listed contractor Arabtec Holding <ARTC.DU> has hired advisory firm AlixPartners to help it restructure the company's debt, two sources familiar with the matter told Reuters.

Creditors take action against UAE's Al Jaber in decade-long saga

Creditors have started to enforce claims against Abu Dhabi-based Al Jaber Group, in a dispute triggered by a construction downturn in the United Arab Emirates more than a decade ago.

MIDEAST STOCKS-Major Gulf markets gain; banking, real estate shares boost UAE

Major Gulf stock markets rose in early trade on Tuesday, with banking and real estate shares helping indexes in the United Arab Emirates.

MIDEAST STOCKS-Kuwait leads Gulf lower, Egypt hit by coronavirus spike

* Kuwait sees biggest intraday fall in more than two months * Saudi Arabia's Amlak International intends to float * Dubai Investments extends losses By Ateeq Shariff June 14 (Reuters) - Most Gulf stocks closed lower on Sunday, with Kuwait hardest after its banking federation...

MIDEAST STOCKS-Gulf stocks slip as coronavirus lockdowns lifted

Gulf markets slipped on Sunday as states began to lift coronavirus lockdowns, despite concerns among some health officials about a second wave of infections.

MIDEAST STOCKS-Most Gulf markets rise; Dubai leads gains on property shares

Dubai shares led gains among Gulf markets on Monday as property stocks rallied, with major port operator DP World posting its biggest jump since May 2014 following a delisting announcement.

Dubai-listed Arabtec swings to annual loss, blames real estate slowdown

Dubai-listed Arabtec Holding swung to a 774.5 million dirham ($210.9 million) net loss in 2019 from a profit of 256.3 million dirham in 2018, the construction company reported on Sunday.

MIDEAST STOCKS-Banks boost Saudi stocks, property shares lift Dubai

Saudi Arabia's stock market rose sharply on Sunday, buoyed by gains in banking shares, while Dubai's index was up as most of its real estate stocks opened higher.

MIDEAST STOCKS-Financials hit most of Gulf, Egypt continues to slide

* Financial shares weak in Abu Dhabi * All property stocks but one dip in Dubai * Alinma Bank appoints new chairman * 22 of 30 stocks decline in Egypt By Ateeq Shariff Nov 21 (Reuters) - Most Major Gulf stock markets fell on Thursday, weighed down by financial stocks and...

MIDEAST STOCKS-Gulf markets edge up while Egypt extends losses

* Air Arabia rallies on Airbus deal * IHC sees biggest gain in a month * Arabian Centres rises on Islamic facilities By Ateeq Shariff Nov 20 (Reuters) - Bank stocks helped support markets in the United Arab Emirates on Wednesday, while Egypt's blue-chip index extended losses...

MIDEAST STOCKS-Abu Dhabi outperforms as major Gulf markets rise

* Financials strong in Abu Dhabi * Al Kathiri continues to soar on main market * Air Arabia gains on order * Arabtec rises after unit wins contract By Ateeq Shariff Nov 19 (Reuters) - Abu Dhabi stocks outperformed other Gulf markets on Tuesday, led by financial-services...

MIDEAST STOCKS-Saudi extends gains, Air Arabia propels Dubai

Saudi Arabia's stock market rose on Tuesday, extending gains for a third straight session, while Air Arabia aided a Dubai rebound.

MIDEAST STOCKS-FAB drags down Abu Dhabi; other mkts steady

* Abu Dhabi sees biggest fall in over 3 months * Aldar falls for a fourth straight day * Emirates NBD rallies on unit's stake sale * Saudi Paper Manufacturing gains on grant approval By Ateeq Shariff Nov 17 (Reuters) - Abu Dhabi's stock market fell sharply on Sunday, weighed...

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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