Thursday 19 June 2014

UAE investors wait to see what will happen in Iraq, and in Arabtec | GulfNews.com

UAE investors wait to see what will happen in Iraq, and in Arabtec | GulfNews.com:



"Arabtec shares rose 1.9 per cent to Dh4.30 on Wednesday following the announcement that CEO and managing director Hassan Ismaik was stepping down.



Trading volumes on Wednesday were down in both Dubai and Abu Dhabi as turmoil in Iraq continued to depress both markets.



The Dubai Financial Market saw a total volume of 427 million trades worth a total of Dh1.3 billion. Abu Dhabi Securities Exchange saw 164 million trades worth Dh379 million."



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