COVER STORY

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ARABTEC GROUP CEO TALKS ABOUT CRE­AT­ING A SUS­TAIN­ABLE FU­TURE FOR ONE OF THE UAE’S LEAD­ING CON­TRACT­ING GIANTS

In Novem­ber 2016, Hamish Tyr­whitt was ap­pointed as the group CEO for Arabtec Hold­ing and en­trusted with the task of turn­ing around the for­tunes of one of the UAE’S big­gest con­tract­ing com­pa­nies. Af­ter fac­ing a string of losses for con­sec­u­tive months, a stream­lin­ing of op­er­a­tions was needed to bring around the com­pany’s lnan­cial per­for­mance to green. And Tyr­whitt got into ac­tion from day one it­self.

He re­marks: “When we look in the re­gion, we have been in­volved with the con­struc­tion of some of the in­cred­i­bly iconic projects, not just in the UAE but the en­tire GCC. We went back to our ba­sics and started fo­cussing on what we are good at – be­ing a con­trac­tor. It’s an on­go­ing process and our project se­lec­tion is based on our ca­pa­bil­i­ties in our core sec­tors in key geo­graph­i­cal mar­kets.”

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