Arabtec Holding P.J.S.C. announced the appointment of Iyad Abdelrahim as Chief Financial Officer of the Arabtec's Group of construction companies, which covers Asia and the MENA region, with effect from 18 March 2013. Iyad Abdelrahim and his financial management responsibilities include Arabtec's portfolio of construction companies. His role will focus on developing a finance department to support Arabtec's construction businesses with financial planning, control, reporting and MIS.

It will also manage processes relevant to cost control, project management and update of old policies. Iyad Abdelrahim joins Arabtec from his position as Group Chief Financial Officer of Dubai Properties Group, with 20 years of experience within the banking, contracting and real estate development industries.