On Tuesday, 24th February, 2009 Eng. Ibrahim Mahlab – President and CEO of the Arab Contractors welcomed Eng. Hussein Al-Kahtany and Khaled Al-Kahtany representatives of Saudi SABIC to cooperate in marine works and shipbuilding. In the presence of Eng. Osama Shawky, Vice-President for Electromechanical Works and Eng. Mohamed Samy Saad, Board Member. It is a noteworthy that the Arab Contractors co. is manufacturing and supplying a giant tugboat for SABIC with a total value EGP 4.5 million and it will be completed at the end of this year, as stated by Eng. Ahmed Hussein - Head of Manufacturing and Projects Sector and Eng. Hussam Abdel Raouf - Manager of Ismailia Shipyard the executing department for the tugboat works.