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FinancialNews


  • 19-10-10

    Arabtec, Musawa create JV in Bahrain

    (MENAFN) Arabtec Holding Co., the biggest builder in the UAE by market value, said that its unit has signed an agreement to form a joint venture in Bahrain, Gulf News reported. Arabtec Construction LLC and Musawa Holding will jointly execute construction projects under the newly established company called Arabtec-Musawa WLL, the company said in a statement to the Dubai bourse. Arabtec Chief Executive Officer Riad Kamal said in the statement that the step comes as part of the company�s strategy to diversify geographically outside the UAE.

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