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Ismaik raises Arabtec stake

: Saturday, May 31 - 2014 @ 01:13

Dubai-based construction firm, Arabtec has said its chief executive, Hasan Ismaik, has increased his personal stake in the firm from 8.03% to 21.46%, Reuters has reported. Ismaik bought the shares directly from the market because of “his strong belief in the company’s sound strategy and high potentials, Arabtec said.

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Saturday, May 31- 2014 @ 1:13 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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