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Volume 38.5M
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arabtec holding co pjsc (ARTC) Details

Arabtec Holding PJSC, together with its subsidiaries, provides construction services for residential, commercial, infrastructure, and oil and gas sectors primarily in Abu Dhabi, Dubai, Jordan, Qatar, Russia, Saudi Arabia, and Syria. The company provides architectural modeling, civil engineering and building, construction and project management, business development, quantity surveying, high rise development, offshore and onshore oil and gas installation, drainage, and electrical HV and LV services. It is also engaged in the development of commercial and industrial projects, residential projects, luxury villas, hotels and hotel interiors, cinema complexes, hypermarket fit outs, food courts, airport developments, aircraft maintenance hangars, passenger terminals, departure lounges, and fuel tank farms. In addition, the company is involved in the manufacture and transportation of ready mix concrete products; trading and leasing of construction and building equipment; buying, selling, leasing, and management of properties; fabrication of steel structures, profiles, storage tanks, road tankers, and steel and structural buildings; and manufacture of switch gears, power distribution panels, and precast panels. In addition, it offers building maintenance and cleaning services, and the facilities management and security services; and sewerage, water fittings, and caravans maintenance services, as well as undertakes electrical, mechanical, plumbing, and infrastructure construction works. The company was formerly known as Arab Technical Construction Company. Arabtec Holding PJSC was founded in 1975 and is based in Abu Dhabi, the United Arab Emirates.

Founded in 1975

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arabtec holding co pjsc (ARTC) Key Developments

Arabtec Holding PJSC Wins AED 345 Million Contract from The Abu Dhabi National Oil Co

Arabtec Holding PJSC has won a contract worth AED 345 million from The Abu Dhabi National Oil Co., or ADNOC. The contract, expected to be completed in February 2016, is concerned with constructing new accommodation building for the bachelor employees.

Arabtec Holding Wins USD 152 Million Contracts

Arabtec Holding announced that it has won two contracts in Abu Dhabi, through its Target Engineering unit, with the contracts having a combined value of USD 152.5 million. The developer announced that it was awarded the first contract by Abu Dhabi National Oil Company, with a value of USD 93.90 million for the expansion of a housing complex in Ruwais, near Abu Dhabi. Target, a fully-owned subsidiary of Arabtec, will also be working on a USD 58.51 million project awarded by Abu Dhabi Company for Onshore Oil Operations, which will include the construction of a new management building and a civil defence station, with both projects expected to be completed in February 2016.

Arabtec Holding P.J.S.C., Board Meeting, Jan 15, 2015

Arabtec Holding P.J.S.C., Board Meeting, Jan 15, 2015.


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Price/Earnings 27.9x
Price/Sales 1.1x
Price/Book 2.2x
Price/Cash Flow 28.0x
TEV/Sales 1.1x

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