GulfBase Live Support
01/04/2026 04:30 AST
ALEC Holdings, a leading diversified engineering and construction group operating in the UAE, and Saudi Arabia, had mobilised its work-force for the Ramadan Donation Drive initiative, thus contributing to family support and relief programmes.
The initiative brought together more than 1,400 employees, subcontractors, and partners across the Group's operations, reflecting a collective commitment to making a meaningful difference. The company distributed 28,500 hygiene care packages to construction workers across its UAE project sites.
John Deeb, Chief Operating Officer & Chief Financial Officer, said: "The blue-collar workforce is the silent force behind the environments and infrastructure we shape every day. This is one small but meaningful way we ensure that every individual on our sites feels seen, respected, and cared for."
ALEC Holdings also contributed AED185,000 towards health programmes supporting workers in the UAE, as well as communities in need in Palestine and the Kingdom of Saudi Arabia.
The monetary contribution made by the Group was matched by in-kind donations, including dry food items and personal care packages, reinforcing a unified, company-wide effort to extend support to communities in need. Together, these efforts highlight the scale of participation across ALEC Holdings and the tangible impact that can be achieved through coordinated action.
CEO Barry Lewis said: "These initiatives are not a one-off effort, but part of a broader, ongoing commitment to deliver value beyond our immediate work. As a Group, we recognise that our position in the region comes with a responsibility to not only build, but to contribute meaningfully to the communities around us."
Trade Arabia
17/11/2025
ALEC Holdings, a market-leading diversified engineering and construction group with operations focused on large-scale, complex and iconic buildings and energy projects in the UAE and the KSA, deliver
Trade Arabia
17/10/2025
Alec Holdings, a diversified engineering and construction group in UAE, has announced its listing on Dubai Financial Market, thus marking UAE's largest-ever initial public offering in the constructio
Trade Arabia
01/10/2025
ALEC Holdings, a market-leading diversified engineering and construction group, today announced that it successfully completed the book building and subscription process for its IPO on September 30,
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 7.39 | 0.24 (3.35 |
| MODON | 3.10 | 0.05 (1.63 |
| SALIK | 5.67 | -0.03 (-0.53 |
| ADNOCLS | 5.36 | -0.02 (-0.38 |
| AIRARABIA | 5.22 | -0.02 (-0.39 |
22/04/2026
Aamal Company is making new investments this year as it finds growth prospects across all its business divisions as "very bright"
"Given the relative stability of Qatar`s economic landscape
Gulf Times
22/04/2026
United Development Company (UDC) reported a net profit of QR71mn on revenues of QR459mn in the first three months of 2026.
The net profit attributable to the equity shareholders stood at QR7
Gulf Times
22/04/2026
Gulf Bank has launched a special offer for Kuwaiti government salary account customers, through which customers can receive a cash welcome gift of up to KD 1,200 when transferring their salary to Gul
Kuwait Times
22/04/2026
Qatar Gas Transport Company (Nakilat) achieved a net profit of QAR439 million ($120.43 million) for the first quarter ended March 31, 2026, compared to QAR433 million for the same period of 2025.
Trade Arabia
22/04/2026
Qatar-based Gulf Warehousing Company (GWC Group) has reported a net profit of QR33.7 million ($9.3 million) for the first quarter of 2026, while its gross revenues hit QR318 million ($86.3 million),
Trade Arabia