July 2006 marked another thriving joint venture between NBK and Arabtec Construction L.L.C, a leader in the regional construction industry.
Arabtec was established in the UAE in 1975. Since initiation, Arabtec has undertaken substantial programs of construction, including but not limited to, high rise developments, hotel interiors, residential complexes, office blocks, commercial and industrial projects, major airport developments (terminals, lounges, hangers, air traffic control towers, cargo buildings, passenger buildings), stadiums, drainage, sewage treatment plant, offshore oil and gas installations, cinemas, entertainment facilities, residential complexes and luxury villas, among others. Arabtec provides its clients with numerous expert services and specializes in architectural modeling (mujassam), civil engineering & building, construction & project management, business development, quantity surveying.
As one of the premium construction companies in the UAE, Arabtec is committed to providing timely, cost-efficient and best quality results. The Company boasts a large multinational workforce exceeding 38,000 experts, an array of the latest plants and equipments and a qualified team of professionals.
“Arabtec Construction Co. WLL is now in its fifth year of operation in Qatar and currently executing three major Projects: Al Waab City, Bridge Towers and World Trade Centre with a contract value of QR 2.5 Billion , QR 690 Million and QR 520 Million respectively.”
Arabtec’s large pool of clients includes some of the region’s most prestigious names in the private and government sectors such as Al Wa’ab City in Qatar, Abu Dhabi Company for Onshore Operation (ADCO), Abu Dhabi Gas Industries Company (GASCO), Abu Dhabi Investment Authority (ADIA), Abu Dhabi National Hotels, Abu Dhabi National Oil Company (ADNOC), Abu Dhabi National Exhibition Company (ADNEC), Abu Dhabi Oil Company – Japan (ADOC), Abu Dhabi Ship Building, Al Fattan Properties, Al Rostamani Group, Carrefour, Cayan, DAMAC, Dubai Civil Aviation, Dubai Municipality, Dubai Ports Authority, Dubai Properties, EMAAR Properties, EMARAT, Emirates Airlines, Emirates Petroleum Products Company (EPPCO), Government of Dubai’s Engineer’s Office, Government of Sharjah, Hoerbiger, Jumeirah Hotels, MAF Greater Union LLC, Mazaya, TECOM/DIFC.
Noted for prominent transactions across the GCC, Arabtec’s history has been embedded with several exceptional milestones such as the Red Lion Hostelry for the Metropolitan Hotel, and The Pearl High-Rise project in Deira, Dubai, which was, at the time, the tallest building in Dubai. Arabtec’s illustrious track record is also recognized for the construction of Al Ain Students’ Accommodation, a full-fledged development completed in a record time of seven months.
Together with being ISO 9001:2000; Quality Management Systems (QMS) certified, Arabtec was also certified in ISO 14001-2004; Environmental Management System (EMS), and OSHAS 18001; Safety and Health Management System. Arabtec follows stringent Safety regimes and Quality procedures, and always strives to improve its business performances, approaches and relationships. Arabtec Holding which became publicly listed in 2004 is traded under the symbol “ARTC” on the Dubai Financial Market. ARTC, the first privately held company to go public as well as the first construction company to go public in Dubai, increased its turnover more than five folds, over the past five years.