Arabtec Holding achieved profits of US $59 million (AED217 million) during the year ending 31 December 2006, compared to $45 million the previous year, reflecting an increase of 30%.
Sheikh Butti bin Maktoum bin Juma Al Maktoum, chairman of Arabtec Holding, said: ” We are proud of the profit achieved during 2006, which is the result of our successful strategic plan. Arabtec continues its growth and success by implementing the best international management standards.”
Arabtec Holdings comprises Arabtec Construction, Austrian Arabian Ready Mix Concrete, Arabtec Precast and House of Equipment.
Follow us on
For all the latest business news from the UAE and Gulf countries, follow us on Twitter and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.