Specialised teams are currently managing the situation by cleaning up and removing the dead fish
The conglomerate, one of the United Arab Emirates’ largest family businesses, is also aiming to win up to $8.2 billion worth of building contracts in 2010 with Australia’s Leighton Holdings.
“We talked with Rothschild bank ... about investment in Europe and especially in London and Paris for hotels if there is anything they can find so they are looking for us,” billionaire Khalaf Al Habtoor told Reuters in an interview.
Habtoor said in August the group had about $1.3 billion to invest in Europe.
The group, which rivals Dubai’s largest contractor Arabtec, has a joint venture with Leighton and has said it may float its engineering unit or the entire group in the third quarter of 2010 with possible listings in Dubai and London.
Habtoor declined to comment on the potential IPO on Monday.
The construction firm is working on about Dh 27 billion ($7.35 billion) of projects in the United Arab Emirates at present and expects to bid on about 40 billion dirhams worth of projects in Abu Dhabi alone this year, Habtoor said.
“We are expecting this year that we have to grab a minimum of Dh 25-30 billion in projects,” Habtoor said.
The company also expects to boost its presence in Qatar as it looks to diversify revenues away from its home market.
Specialised teams are currently managing the situation by cleaning up and removing the dead fish
The charges against them include planning terrorist acts, fundraising for the Organisation, and concealing the source and destination of those funds
Eyewitnesses are reporting that the fire seems to be located in the industrial area
In the video shared by the Abu Dhabi Police, speeding cars are seen crashing into vehicles as traffic builds up unexpectedly
With an impressive portfolio of projects, Al Bateen offers a vast range of high-quality fasteners across industries
Israel's military campaign against Hamas has reduced much of the territory of 2.3 million people to a wasteland with most civilians homeless
The event caters to diverse interests, including medicine and emerging career paths
Organised by Ameeraga Tamil Sangam, the event had participants from across the UAE