UAE

UAE: Arabtec’s CEO tenders resignation

UAE’s biggest construction company, Arabtec’s CEO, Wail Farsakh, has tendered his resignation.

The company, whose legacy includes Burj Khalifa and Louvre Abu Dhabi, is currently in the liquidation process. When complete, the liquidation would represent the biggest since the amended Bankruptcy Law came into effect.

Arabtec is expected to announce who will take over as interim CEO.

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Gulf News

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