These figures were reflected in the dividends where individual share earnings rose to AED 0.80 from AED 0.45in the previous year. The net profit for 2008had increased by 79.0%, but exorbitant costs of operating and financial costs led to a decline of 9.9% in the net profit margin. The direct cost for the company increased substantially to AED 8,229.88 million. The company saw a double growth in total revenues in 2008 to AED 9,721.68million from AED 4,272.85 million that it had earned in the previous year. Arabtec Engineering provides services associated with infrastructural works including sewerage, stormwater drainage, and irrigation services. Its subsidiary, Arabtec Precast offers solutions in pre-cast structures and contracting while AAC manufactures and transports ready-mix concrete products. These subsidiaries include Arabtec Construction, Arabtec Precast, Austrian Arabian Ready Mix Concrete (AAC), Arabtec Engineering Services, and Arabtec International Company ( Arabtec Construction, 2015a). The company has its wholly-owned subsidiaries through which it executes various related services. Offshore and onshore oil and gas installations: Target Engineering Construction Company Business lines of Arabtec Companies in each Line The company has completed some large-scale projects in the construction industry for many clients, who are spread over private sector developers and public sector entities like the governments of Dubai and Abu Dhabi. Its other solutions include architectural modeling, civil works, managing projects, and electrical contracting and many others. Arabtec is a leading construction company known for all buildings and residential villas. Its main objective is to offer solutions in the construction and engineering sector.
Therefore, it is a Public Joint Stock Limited Company (Gorgenländer, 2010). The strategic analysis offers an effective method of testing the efficiency and effectiveness of an organization’s strategies while at the same time determining whether implementing the strategy will move the business forward in its targeted strategic objectives (Henry, 2011).Īrabtec was founded in 2004 by acquiring shares in some existing contractors in the United Arab Emirates. Friend and Zehle (2010) posit that one of the important aspects of “strategic analysis is choosing the tool to use to achieve the objectives of the analysis” (p. Organizations should be careful when interpreting results from the strategic analysis. This understanding helps in improving organizational efficiency and effectiveness through increased capacity of the organization to deploy resources intelligently (Chapman, 2013). The analysis seeks to understand how the organization interacts with its environment. Strategic analysis is a “process of conducting a study to understand the environment under which a business operates” (Henry, 2011, p.