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Arabtec adopts group-wide risk management plan

Shares were trading again on Tuesday, slipping 0.7% in early trading before recovering to AED1.45 by 12 noon

NEWS, Business, 2017, Arabtec, Board of directors, Meeting, Plan, Risk management, Shares

Arabtec has said that it has adopted a new group-wide risk management plan.

The announcement was made by chief executive Hamish Tyrwhitt after a Board of Directors meeting was held on Monday, according to The National.

The construction firm’s shares were suspended on Monday while top company executives discussed the 2016 accounts.

Shares were trading again on Tuesday, slipping 0.7% in early trading before recovering to AED1.45 by 12 noon.

The accounts are expected to be published to the Dubai Financial Market soon.


 

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