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Riyadh airport hit again as projectile sparks fire at Terminal 4

Alec holdings

Exclusive: Inside Abu Dhabi’s Dhs6.4bn Sphere as construction gathers pace

Exclusive: Inside Abu Dhabi’s Dhs6.4bn Sphere as construction gathers pace

ALEC Holdings CEO Barry Lewis tells Gulf Business that piling and soil improvement are under way on the capital’s Sphere project, as the contractor tackles one of the region’s most technically demanding builds.

07 September, 2026

ALEC Holdings makes record DFM debut with Dhs1.4bn IPO

ALEC Holdings makes record DFM debut with Dhs1.4bn IPO

The IPO, priced at Dhs1.40 per share, valued ALEC at Dhs7bn ($1.91bn) and attracted around Dhs30bn ($8.1bn) in orders, more than 21 times oversubscribed

16 October, 2025

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