Arabtec reports 11% rise in Q2 income

July 30, 2014 4:48 pm

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.