Friday 4 July 2014

Dubai builder Arabtec yet to convince analysts with new strategy | The National

Dubai builder Arabtec yet to convince analysts with new strategy | The National:



"Analysts were left nonplussed by Arabtec’s attempts to outline its new strategy despite a sharp rise in the builder’s stock price yesterday.



The Burj Khalifa builder held a press conference on Wednesday to address investor concerns following a catastrophic stock decline in recent weeks.



But that was not enough to restore confidence among analysts contacted by The National yesterday."



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