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FINANCIAL NEWS
Dubai’s Arabtec revenue up 39 percent in Q1
08 May 2014
(MENAFN) Dubai builder Arabtec has posted a more-than-doubled net profit for the first three months of the current year on strong growth and delivery of projects, according to Arab News.
Arabtec said it plans a number of major acquisitions and mergers over the following few years.
The company’s net profit was estimated at USD37.57 million compared to USD16.66 million in the same period 2013.
Its revenue was estimated at USD573 million during the three-month period, which is 39 percen higher than the same quarter a year earlier.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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