Arabtec’s ex-CEO to sell stake to Aabar


Published: Sep 15, 2014
Source: Emirates 24|7

News

Email this story Print this page zoomin zoomout

Arabtec’s ex-CEO to sell stake to Aabar

Arabtec's former chief executive Hasan Ismaik has agreed in principle to sell at least part of his stake in the Dubai-based construction firm to Abu Dhabi state fund Aabar Investments, a source close to Ismaik said on Monday

"Ismaik has finalised the sale of a stake in Arabtec to Aabar," the source told Reuters, declining to elaborate on the size of the stake or the price- By Reuters. Read more>>>

 

© Copyright - Emirates 24|7
comments powered by Disqus

Middle East Stock Markets

Index Last Change %Change
TASI 7,261.13 +31.57 0.44%
ADI 4,552.49 -41.67 -0.91%
DFMGI 3,575.32 -6.93 -0.19%
QE 9,542.28 +39.92 0.42%
KSE 6,781.02 -12.87 -0.19%
MSM30... 4,999.370 -43.630 -0.87%
ASE... 2,166.19 -1.61 -0.07%

Recent Analyst Actions  >>

or
Company Price Opinion
Bank Muscat 0.52 Buy
Voltamp Energy Co. 0.52 Overweight
Jarir Marketing Co. 142.60 Overweight
Saudi Basic Industries Corp. 90.00 Neutral
Etihad Etisalat Co. 25.00 Neutral

Markets Today Quick Links

×

Get all the latest updates about the GCC & Global Markets directly to your email