Just in:
Air Arabia Reinitiates Sharjah–Damascus Flights // Anhui Unveils Teaser for 2025 World Manufacturing Convention, Extending a Global Invitation to Innovate Together // Nvidia is the dream stock of our lifetime! // Abu Dhabi’s Masdar and Iberdrola Back £5 Billion UK Offshore Wind Venture // Nigeria’s Coastal Highway Passes $747 m Funding Milestone // “Eternal City” Pompeii Exhibition Opens in Hunan, Marking New Sino-Italian Cultural Exchange // UAE Hits Milestone with EU Delisting From High‑Risk Financial Watchlist // Coffee Chains Join Bitcoin Mania with Bold Treasury Moves // Celebratory 911 Club Coupe Marks Half-Century Porsche Partnership // Dong Yuhui’s Fujian Journey: The Sea’s Lesson – 30% Destiny, 70% Determination // OPEC+ Eyes Pause in Production Rises After September Surge // BRICS Pledge Cooperation, Not Confrontation With U.S. // Behomes Launches Behomes Hub – Cashback & Networking App for Real Estate Professionals // Musk Alleges Grok Was Misled and Predicts Tech Breakthroughs // Results of the ixCrypto Index Series Quarterly Review (2025 Q2) & IX Digital Asset Industry Index Series Half Yearly Review (2025 1H) // Ten Tips for a Healthy Summer Garden // Can India Emerge As The Trusted Leader Of Global South Like Earlier Years? // BoE charts new wholesale terrain for stablecoins and tokenised assets // ICONSIAM Showcases Thai Creativity to the World with “Lost in DOMLAND” — Reinforcing Its Role as a Must-Visit Global Art Destination // CGTN: Beauty in diversity: How wisdom at Nishan Forum inspires global modernization //

Arabtec CEO replaced

|By Arabian Post Staff|Arabtec said its board accepted the resignation of acting chief executive Mohamed al-Fahim and appointed a replacement.

The loss-making firm, whose largest shareholder is Abu Dhabi state fund Aabar, appointed  Saeed al-Mehairbi as its new acting chief executive, it said in a bourse announcement.

The company has been in trouble for the past 18 months after former chief executive and then biggest shareholder Hasan Ismaik quit in the wake of a dispute between Aabar, while other senior staff  left with him.

ADVERTISEMENT


Notice an issue?

Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.


ADVERTISEMENT
Just in:
DNA‑Crafted Nanomachines Self‑Assemble in Water // UAE Hits Milestone with EU Delisting From High‑Risk Financial Watchlist // Record Global Interest Drives CDB’s Dual‑Currency Bond Triumph // Nigeria’s Coastal Highway Passes $747 m Funding Milestone // Anhui Unveils Teaser for 2025 World Manufacturing Convention, Extending a Global Invitation to Innovate Together // Tokyo Real Estate Set for $75 Million Blockchain Shake‑Up // Can India Emerge As The Trusted Leader Of Global South Like Earlier Years? // CGTN: Beauty in diversity: How wisdom at Nishan Forum inspires global modernization // BRICS Pledge Cooperation, Not Confrontation With U.S. // Dong Yuhui’s Fujian Journey: The Sea’s Lesson – 30% Destiny, 70% Determination // Ten Tips for a Healthy Summer Garden // ICONSIAM Showcases Thai Creativity to the World with “Lost in DOMLAND” — Reinforcing Its Role as a Must-Visit Global Art Destination // Behomes Launches Behomes Hub – Cashback & Networking App for Real Estate Professionals // “Eternal City” Pompeii Exhibition Opens in Hunan, Marking New Sino-Italian Cultural Exchange // Stonepeak Secures Strategic Co-Control of IFCO Stake // Sharjah Elevates Real‑Estate Platform with New Digital Portal // Coffee Chains Join Bitcoin Mania with Bold Treasury Moves // Musk Alleges Grok Was Misled and Predicts Tech Breakthroughs // BoE charts new wholesale terrain for stablecoins and tokenised assets // Results of the ixCrypto Index Series Quarterly Review (2025 Q2) & IX Digital Asset Industry Index Series Half Yearly Review (2025 1H) //