Arabtec Holding's prospects may be bright but the UAE's biggest builder is rapidly losing favour with analysts.
The construction firm based in Dubai surprised the market with a loss of Dh11.6 million during the second quarter, which it attributed to the costs of moving equipment and staff as it geared up for projects in Saudi Arabia.
Despite the loss, Arabtec's half-year results represent a 30.4 per cent improvement on profits recorded during the same period last year.
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