Middle-east Arab News Opinion | Asharq Al-awsat

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The Arabtec office building is seen in Dubai, United Arab Emirates, on Tuesday, June 24, 2014. (AP Photo/Kamran Jebreili)

Arabtec says has Aabar’s backing, no projects scrapped

by Asharq Al-Awsat | Jul 2, 2014 | Business

Dubai, Reuters—Major Dubai construction company Arabtec retains the support of major shareholder Aabar Investments and has not cancelled any projects as a result of recent management changes and a restructuring of the firm, its chairman said on Wednesday. Khadem...

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Egypt’s army chief Field Marshal Abdel-Fattah El-Sisi, right, looks at drawings of houses with Hassan Ismaik, Arabtec’s chief executive, at the Ministry of Defense in Cairo in this March 9, 2014 handout provided by Egypt’s Ministry of Defense.( Reuters/Ministry of Defence/Handout via Reuters)

Egypt: Presidential candidates consider election race withdrawal

by Abdul Sattar Hatita | Mar 10, 2014 | Middle East

Cairo, Asharq Al-Awsat—Two likely Egyptian presidential candidates have said they are considering withdrawing from the race following the approval on Saturday by Interim President Adly Mansour of the country’s election law, which includes a controversial clause...

Media ID: 55309854
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An investor looks up at screens displaying stock information at the Dubai Financial Market, June 17, 2013 (REUTERS/Jumana El Heloueh)

Dubai financial market index reaches 57-month high

by Asharq Al-Awsat | Jul 15, 2013 | Business

Dubai, Asharq Al-Awsat—Dubai’s financial market index reached its highest levels in 57 months on Sunday, amid optimism regarding the second quarter’s results, which stimulated trading activity. Real estate topped the list of the most profitable sectors. The shares of...