Company Lookup
Download Demo

Market News

This Month News

This Month News

send to a friend by email

Arabtec Drops Bid to Build Tower in Saudi Arabia


(Bloomberg) -- Arabtec Construction of Dubai and its South Korean partner Samsung Corp. decided not to bid for a contract to build a 1.1 kilometer (0.68-mile) skyscraper in Saudi Arabia for about $1.5 billion, The National reported, citing Arabtec’s chief executive.  The unit of Arabtec Holding PJSC, the largest builder in the United Arab Emirates, had planned to submit a proposal for Kingdom Tower this month and withdrew for “various reasons associated with the requirements,” Tom Barry said, according to the daily newspaper. “We couldn’t comply, so we decided not to bid.”


Al-Quds Index at its highest level in three years

Al-fiter holiday announcement

Delisting the Arab Palestinian Shopping Center BRAVO from the PEX

Al-Quds Index rebounds upwards in mid-June

Al-Quds Index in the red zone in the second week of Ramadan

New anticipations appear with the start of June



Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013