BUZZ-Dubai's Arabtec jumps from 9-year low on Q1 profit rise | ZAWYA MENA Edition:
"** Shares in Dubai-listed construction firm Arabtec ARTC.DU jump 6.9 percent to 1.71 dirhams in early, unusually heavy trade; on Wednesday, stock had hit nine-year low ** Arabtec reported on Thursday Q1 net profit attributable to shareholders of 63.6 mln dirhams ($17.3 million), up from 17.6 million dirhams a year ago; highest profit since Q3 2014. Q1 revenues also rose ** Company seeking to recover from construction industry downturn in region and difficulties in obtaining receivables, especially in Saudi Arabia "
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