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Ghannam Al Mazroui

Ghannam Al Mazroui latest

Arabtec's vice-chairman hopes the company's restructuring process will help improve the financial performance. (Ventures On Site)
June 2nd, 2016 - 10:00 GMT

Arabtec dips into reserves to stem losses

The beleaguered construction company has requested shareholders' permission to withdraw Dh1 billion fro its reserves, casting doubt on its ability to break even by next year.
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