Arabtec has no plans to acquire Kharafi National
Arabtec has denied that it plans to acquire Kuwaiti construction firm, Kharafi National, Reuters has reported. “The company denies that it will acquire Kharafi National,” the Dubai-based construction firm said. Earlier yesterday, Arabtec issued another statement saying its board had not taken any decision on the acquisition of another company. It did not mention Kharafi National.