Arabtec Holding PJSC

Arabtec Holding PJSC
Company typePublic company
IndustryConstruction
Founded1975
FounderRiad Burhan Kamal
DefunctOctober 25, 2022 (2022-10-25)
FateBankrupted
Headquarters
Shaikh Zayed Road Al Quoz St.04, Dubai.
,
ServicesResidential Developments, Commercial developments, Hotels, Infrastructure, High Rise Development, Super High Rise Development On - and Offshore Oil and Gas and Industrial Projects
Revenue5.66 billion AED (2012)
139.2 million AED (2012)
Total assets 12.59 billion AED (2012)
Number of employees
42,000
ParentMubadala
Websitearabtecholding.com

Arabtec Holding PJSC was an Emirati multinational construction company headquartered in Dubai, United Arab Emirates, where it was one of the leading companies in its sector. It operated through Construction; Mechanical, Electrical and Plumbing; Oil & Gas, Infrastructure and Power; and other segments. The company was involved in the construction of high-rise towers, buildings, and residential villas, as well as drainage, electrical, mechanical, and plumbing contracting, and civil and infrastructure construction works. It also engaged in real estate investment, development, leasing, and management activities. In addition, the company manufactured precast panels and steel structures, as well as ready-mixed concrete

Arabtec high-profile construction projects included the Burj Khalifa (the tallest building in the world), the fit out of Burj Al Arab (fourth tallest hotel in the world that was constructed by Al Habtoor Engineering Enterprises in partnership with Murray & Roberts), Louvre Museum in Abu Dhabi, Terminal 1 of Dubai International Airport and the passenger terminal of Dubai World Central International Airport (now Al Maktoum International Airport).

Arabtec had business agreements with major construction conglomerates across the world, including the Saudi Binladin Group.

On September 30, 2020, Arabtec filed for liquidation following the fallout from the coronavirus pandemic. On October 25, 2022 a Dubai court declared Arabtec and its subsidiaries bankrupt and approved liquidation of its assets.