Arabtec - Expat Network

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Arabtec wins AED 433Million Dubai Infrastructure Project

Arabtec Holding PJSC, a leading contractor for social and economic infrastructure, today announced that its subsidiary, Arabtec Engineering Services (“AES”) has been awarded an infrastructure project from Dubai Municipality for the DS188 Jebel Ali Industrial Sewerage and Drainage System for AED 433 million. The project will commence in May 2018 for a duration of 30...

Arabtec’s $36bn Egypt Project deal

Arabtec has agreed terms with Egypt’s Ministry of Housing for the first phase of a $36.70 billion plan to construct one million homes across the country, they said last week. They will sign a contract with the ministry “at the earliest opportunity” for this first phase, according to a statement to Dubai’s bourse. This will...

Arabtec wins $283m Aramco contract

Dubai’s Arabtec has been awarded a Dh1.04 billion ($283.16 million) contract from Saudi Aramco to build 380 villas in Saudi Arabia, the contractor said today. Arabtec, which this week put four of its five Saudi subsidiaries up for sale, said it would complete the project in Al Dhahran within 28 months. The company said it...

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.