Arabtec shares gain on Bahrain expansion

19 October 2010

The local Dubai market DFM added after a rollercoaster trading day 0.29% higher at 1,744.26. Sharees of Dubai-based construction firm Arabtec gained 1.78%, finishing at Dhs2.29. Earlier in the day Arabtec announced that together with Musawa Holding from Bahrain it has establish a construction firm in Bahrain called Arabtex-Musawa. Musawa operates in various business fields such as food and beverage, architecture or interiour design. Traded value at the DFM declined 34% to Dhs154.92 while 78.36m shares (down 32%) changed hands.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications