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financials

Hussain Sajwani optimistic despite 17% revenue drop at Dubai's Damac
Development giant's chairman says the company is dedicated to project delivery as the market continues
Saudi contractor Al-Khodari posts 198% loss amid cash flow delays
Contractor says 2014-15 were challenging financial years, but says liquidity has improved since late-2018
Abu Dhabi's Aldar posts $708m profit as 2018 revenues grow 3%
Billion-dirham dividend announced as CEO lauds creation of region's "largest diversified real estate investment" outfit
Solid start for UAE builder Arabtec as 2018 net profit grows 108%
The contractor kicks off 2019 with a 7% hike in 2018 revenues and Q4 2018
Restructuring planned for German elevator company Thyssenkrupp
Thyssenkrupp will restructure its leadership team and turn its steel and engineering divisions into two
Profit down by 36% at Bahrain's Alba after alumina price spike in 2018
CEO Tim Murray says industrial giant halved loss-time injury figure despite 2018 being a "challenging
Saudi's Sabic posts $6bn income in 2018 despite Q4 profit drop
The Saudi petrochemicals giant said "lower than avearage selling prices" contributed to a 12.2% drop
9M operating revenues down 60% at Kuwait's Al Mazaya Holding
The developer's operating profit for the same period declined by almost 27%

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Latest Issue

Construction Week - Issue 728
Feb 07, 2019