Dubai Court declares Arabtec bankrupt, approves liquidation of its assets
Dubai Court's final ruling also applies to all Arabtec subsidiaries
Source: gulfnews.com
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Dubai court okays bankruptcy proceedings of Arabtec, subsidaries
Dubai court okays bankruptcy proceedings of Arabtec, subsidaries DUBAI, 8 days ago UAE construction group Arabtec Holding said a Dubai court has approved the opening of its bankruptcy proceedings along with its six subsidiaries - Arabtec Construction Abu Dhabi, Arabtec Construction Dubai, Austrian Arabian Ready Mix Concrete and Arabtec Precast in addition to Emirates Falcon Electromechanical Company (Efeco) Abu Dhabi and Efeco Dubai. The court has also appointed a trustee for each of the entities and ordered them to review its debts, deposit a list and a record of Arabtec Holdin...
Source: tradearabia.com
Arabtec hires global advisors for sale of Dubai engineering unit
Arabtec hires global advisors for sale of Dubai engineering unit DUBAI, January 13, 2021 Arabtec Holding, a top construction company in the Middle East region, said it has signed up corporate advisory firms deNovo and Lumina Capital Advisers for managing the proposed sale of its key subsidiaries Target and Arabtec Engineering Services (AES). Target Engineering is a leading EPC contractor offering in-house services for major construction disciplines in onshore and offshore areas, while AES is amjor provider of civil contracting services for infrastructure projects. Arabtec in i...
Source: tradearabia.com
UAE Business: Arabtec hires global advisors for sale of Dubai engineering unit
Arabtec Holding, a top construction company in the region,
Source: gdnonline.com