Arabtec opens regional headquarters in Belgrade

Arabtec Holding PJSC, an engineering and construction group of companies specialising in complex projects in the Middle East and North Africa region, announced today its intention to open a regional headquarters in Belgrade, the capital of Serbia, to drive its expansion into the Balkan region. Located at the heart of the Serbian capital, the regional headquarters will serve as a launch pad for Arabtec's planned expansion into countries of the wider Balkan region. Arabtec is already in advanced discussions with developers regarding projects in the Balkans where the Company is ideally-placed to undertake construction that are aligned with the company's business growth strategy. Hasan Abdullah Ismaik, Managing Director and CEO of Arabtec, commented, "We see great potential for Arabtec in the region. The opening of our regional headquarters in Belgrade provides us with a base from which to pursue available opportunities and achieve another milestone in our growth strategy. Commercial ties between the U.A.E. and Balkan countries, in particular Serbia, have been growing steadily in recent years. We are very pleased to extend national links into a new economic sector."