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Arabtec unit -Target- wins contracts worth AED835m


A subsidiary of Arabtec Holding has won contracts worth AED835m ($227m) in Abu Dhabi, the parent company announced on Monday. Target Engineering Construction Company has been awared two projects in the UAE capital, Arabtec said in a statement posted on the website of the Dubai Financial Market .The first project awarded by Takreer is a 28-month contract to execute a sea water intake project along with associated pumping facilities, worth AED358m. The second award by Petrofac-GS, a joint venture, involves work for the Ruwais 4 natural liquefied gas train project in Abu Dhabi and is a 20-month contract worth AED477m.


High liquidity level raises the market's trading volume this week

PICO approves raising the paid-capital to $6 million

TIC approves raising the paid-capital to $10.00 million

Active Trading with the increase of semi-annual financial data anticipation

LADAEN restructures itself and establishes a new company

Al-Quds Index breaks through new psychological level and gains 2.99% in this week



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