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 | 7.11 | -0.01 (-0.15 |
| MODON | 2.86 | -0.01 (-0.35 |
| ADNOCLS | 5.21 | -0.06 (-1.14 |
| SALIK | 5.00 | -0.11 (-2.16 |
| ADPORTS | 3.94 | 0.01 (0.25 |
08/04/2026
National Bank of Kuwait (NBK) announced the completion of all deferred Al-Jawhara and Al-Jawhara Junior draws, reaffirming its ongoing commitment to rewarding customers and strengthening their trust.
Kuwait Times
08/04/2026
Dubai's largest bank, Emirates NBD, on Tuesday announced a host of fee waivers for small and medium-sized businesses in the country to help them navigate challenges due to regional military conflict.
Khaleej Times
08/04/2026
Space42 has confirmed that all Thuraya services and infrastructure remain fully intact.
It added, "We continue with our mission, with no disruption to customers and partners."
Space
Gulfnews
08/04/2026
In a landmark decision, shareholders of Union Properties PJSC have approved the distribution of a cash dividend of 3 fils per share, marking the company's first dividend payout in 11 years.
Khaleej Times
08/04/2026
AD Ports has signed an agreement with two UAE banks to refinance its syndicated loan of Dh9.175 billion ($2.5 billion) one year ahead of schedule at more favourable terms, the group said.
Th
Khaleej Times