MIDEAST STOCKS-Qatar seen as safe haven as index hits 3-mth high Reuters DU) fell 1.1 percent to a 10-year low and builder Arabtec ( ARTC .DU) lost 1.2 percent. The problem with Dubai is the lack of diversification - it's hard for ... and more » More ...
Abu Dhabi Commercial, Arabtec , Gulf Finance, Jabal: Gulf Equity Preview Bloomberg Arabtec Holding Co. ( ARTC UH): The UAE's biggest construction company was raised to 'neutral” from 'underweight” with a price estimate of 1.80 dirhams at ... and more » More ...
MIDEAST STOCKS-Dubai, Abu Dhabi extend losses as property weighs Reuters Africa Many real estate-related companies, led by ArabtecARTC .AD and Aldar Properties (ALDR.AD: Quote), were among the strongest underperformers. ... and more » More ...
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MIDEAST STOCKS-Qatar seen as safe haven as index hits 3-mth high Reuters DU) fell 1.1 percent to a 10-year low and builder Arabtec ( ARTC .DU) lost 1.2 percent. The problem with Dubai is the lack of diversification - it's hard for ... and more » More ...
Abu Dhabi Commercial, Arabtec , Gulf Finance, Jabal: Gulf Equity Preview Bloomberg Arabtec Holding Co. ( ARTC UH): The UAE's biggest construction company was raised to 'neutral” from 'underweight” with a price estimate of 1.80 dirhams at ... and more » More ...
MIDEAST STOCKS-Dubai, Abu Dhabi extend losses as property weighs Reuters Africa Many real estate-related companies, led by ArabtecARTC .AD and Aldar Properties (ALDR.AD: Quote), were among the strongest underperformers. ... and more » More ...
Arabtec Holding share capital and shares outstanding
31 December 2007 - AED 598 million, 598 million shares (bonus shares 78
million or 15%)
31 December 2006 - AED 520 million (bonus shares 120 million or 30%)
31 December 2005 - AED 400 million
23 February 2007 notes
Arabtec Construction LLC was founded in 1975 and taken over by Arabtec with
IPO and founder money.
Name changed from Arab Technical Construction
PJSC to Arabtec Holding PJSC (or Arabtec Holding Company PJSC) on 26
June 2006.
Arabtec Construction LLC is a subsidiary of Arabtec Holding PJSC.
ARTC bought its own cement plant in 2005 (Austrian
Arabian Ready Mix Co) which should mean it is less vulnerable to supply
problems and/or increasing cement costs in the UAE.
Arabtec builds a good number of properties in Emaar developments and is
regularly awarded contracts from Emaar.
Website says dividend
policy to return 40% of profits, and projected Return on Paid-up Capital
is 20% from 2005-2008.
Foreign ownership amount high at 30% (limit is
49%).
ARTC - related external links (open in new window)Top
www.sca.ae - ESCA profile. Includes share ownership details, board of director names, meeting dates, financial statements and annual report.
www.dfm.ae - DFM information, financial disclosures and news.
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