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Arabtec reports 11% rise in Q2 income

: Wednesday, July 30 - 2014 @ 16:48

Dubai-based construction firm, Arabtec has posted an 11% jump in second-quarter profit to Dhs103m ($28.1m) in the three months to June 30, compared with Dhs92m a year earlier, Reuters has reported. Revenues jumped 51% to Dhs2.41bn on the back of business growth in the UAE and other Gulf markets, said Dubai’s biggest listed builder.

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Wednesday, July 30- 2014 @ 16:48 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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