Ismaik cuts Arabtec stake
27/07/2014 6:40 am EDT


share with your network:




Hasan Ismaik, the former chief executive of Arabtec, has cut his stake slightly in the group by selling around $4m worth of the Dubai construction company’s shares, Reuters has reported. Ismaik cut his stake to 28.77% from 28.85%, according to the website of the Dubai Financial Market. Ismaik, who earlier this week declined to comment on his stake, remains the biggest shareholder in Arabtec.

About the Author



share with your network:


Share your view



© 1996-2015 Media quest FZ LLC A media and entertainment company
Middle East Main Office
[email protected]
© 2015 Dubai Business | Ameinfo . All rights Reserved.