"Dubai's Arabtec jumped to a near four-month high on Wednesday as recent contract wins boosted sentiment ahead of the builder's earnings, while Gulf Arab markets were mixed in muted trade.
Shares in Arabtec jumped 5.1 percent to their highest close since Feb. 28. The builder has secured a flurry of contracts under its new management, led by Abu Dhabi state fund Aabar Investments.
The latest is worth 4 billion dirhams ($1.09 billion) to build a mixed-use development project by Abu Dhabi's Aldar Properties in Kazakhstan."
'via Blog this'
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