{"id":2494,"date":"2016-01-24T21:45:23","date_gmt":"2016-01-24T14:45:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=2494"},"modified":"2016-01-24T19:01:08","modified_gmt":"2016-01-24T12:01:08","slug":"arabtec-jv-receives-letter-of-intent-for-bahrain-airport-modernisation-works","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-jv-receives-letter-of-intent-for-bahrain-airport-modernisation-works\/","title":{"rendered":"Arabtec JV receives letter of intent for Bahrain airport modernisation works"},"content":{"rendered":"


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\nArabtec and its joint venture partner TAV Construction have received a letter of intent to complete the main modernisation works at Bahrain International Airport, the Dubai-listed contractor said on Sunday.The statement gave no details, including the value of the contract, the cost or the timetable for the project, but said the scheme will be funded by the Abu Dhabi Fund for Development.Bahrain International Airport is moving ahead with a modernisation and expansion plan estimated to cost between $1.1 billion and $1.2bn, Mohammed Al Binfalah, chief executive of Bahrain Airport Company, said at a media briefing on Friday.
\nArabtec\u2019s largest shareholder is Abu Dhabi state fund Aabar Investments. It is also the main contractor on the Midfield Terminal scheme in Abu Dhabi.business@thenational.aeFollow The National\u2019s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Arabtec JV receives letter of intent for Bahrain airport modernisation works<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Arabtec and its joint venture partner TAV Construction have received a letter of intent...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-2494","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Ee","jetpack-related-posts":[{"id":2496,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-wins-main-contract-for-new-bahrain-airport-terminal\/","url_meta":{"origin":2494,"position":0},"title":"Arabtec wins main contract for new Bahrain airport terminal","date":"January 24, 2016","format":false,"excerpt":"\r \r Arabtec is set to scoop the US$1.1 billion main contract to build a new terminal at Bahrain International Airport. In a statement to the Dubai Financial Market, the company said it had received a letter of intent from Bahrain\u2019s ministry of transport and telecommunications to award the contract\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28497,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-to-build-hotel-in-dubai-internet-city\/","url_meta":{"origin":2494,"position":1},"title":"Arabtec to build hotel in Dubai Internet City","date":"October 4, 2016","format":false,"excerpt":"\r The UAE's largest listed builder, Arabtec, confirmed that it has been awarded a contract to build a hotel in Dubai Internet City. In a statement to the Dubai Financial Market on Monday morning, Arabtec said that it had won the contract for the Dh340 million five-star hotel project earlier\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13138,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-looks-to-shore-up-balance-sheet-as-dubai-contractors-losses-narrow\/","url_meta":{"origin":2494,"position":2},"title":"Arabtec looks to shore up balance sheet as Dubai contractor's losses narrow","date":"May 15, 2016","format":false,"excerpt":"\r The contractor Arabtec has said that it is \"looking at ways to enhance its capital structure\" after posting its sixth successive quarterly loss on Sunday.The company said it \"is currently engaged in discussions with Aabar, its largest shareholder, in respect of potential options for cooperation and continues to remain\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23869,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dh2-9-billion-grant-to-kick-start-building-of-bahrains-north-city\/","url_meta":{"origin":2494,"position":3},"title":"Dh2.9 billion grant to kick-start building of Bahrain's North City","date":"August 24, 2016","format":false,"excerpt":"\r A major new city that will eventually house a population of up to 90,000 people in affordable accommodation in Bahrain looks set to finally go ahead after the project gained a Dh2.9 billion grant from the Abu Dhabi Fund for Development (ADFD).Al Madina Al Shamliya, or North City, project\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-agrees-dh400-million-debt-facility-provided-by-aabar\/","url_meta":{"origin":2494,"position":4},"title":"Arabtec agrees Dh400 million debt facility provided by Aabar","date":"July 14, 2016","format":false,"excerpt":"\r Arabtec Holding, the country's largest-listed construction company, has agreed a Dh400 million debt facility to be provided by its largest shareholder. In a statement to the Dubai Financial Market, Arabtec said that the loan would be provided by Aabar, the investment fund controlled by the Abu Dhabi government. Arabtec,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1153,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-awarded-dh2bn-contract-to-build-1017-villas-on-abu-dhabis-yas-island\/","url_meta":{"origin":2494,"position":5},"title":"Arabtec awarded Dh2bn contract to build 1,017 villas on Abu Dhabi’s Yas Island","date":"January 11, 2016","format":false,"excerpt":"\r \r Dubai contractor Arabtec has been awarded a Dh2 billion contract by Abu Dhabi\u2019s Aldar Properties to build 1,017 villas on Yas Island.The contract represents the final package to be awarded for the West Yas development following infrastructure, public realm, school, clubhouse, retail and mosque packages, Aldar said in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/2494"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=2494"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/2494\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=2494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=2494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=2494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}