Arabtec sets up Saudi subsidiary
Gulf Daily News - Manama, Bahrain
Dubai's Arabtec Holding yesterday said it has set up a Saudi arm called Arabtec Saudi Arabia, with expected turnover in its first year of over 1.5 billion Saudi riyals ($400 million).
Gulf Daily News - Manama, Bahrain
Dubai's Arabtec Holding yesterday said it has set up a Saudi arm called Arabtec Saudi Arabia, with expected turnover in its first year of over 1.5 billion Saudi riyals ($400 million).
"This is a natural expansion in our activity in the region," Arabtec chief executive Riyad Kamal said, adding turnover would rise to up to 5bn riyals within three years. ...
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