Arabtec Holding PJSC announced the appointment of Adel Al Wahedi as the Acting Group Chief Financial Officer. Adel will play an important role alongside the Group Chief Executive Officer, Peter Pollard, to deliver on the Group's strategic priorities. In 2019, Arabtec will continue to focus on the collection of legacy receivables, shortening payment cycles, improving working capital and strengthening the balance sheet which includes debt refinancing to provide a sustainable platform for Arabtec's future growth as a leading regional contractor.