Arabtec has no plans to acquire Kharafi National

February 27, 2014 11:04 am

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.