Thursday 26 April 2018
Arabtec CEO

Former CEO of Arabtec ‘will hold on to stake’

The former chief executive of major Dubai construction firm Arabtec, who abruptly resigned from the company this week, said he has no plans to sell his 28.85 percent stake. Hasan Ismaik left Arabtec's board on Wednesday, resig


Arabtec CEO 'banned because of oversight'

UAE builder Arabtec's chief executive said on Wednesday the trading ban imposed on him by the country's regulator was due to his oversight in selling shares prior to the announcement of projects. Riad Kamal on Wednesday told Reuters he res

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