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Arabtec Unit to Get 40% of Nakheel Payments in April


April 19 (Bloomberg) -- Arabtec Construction, a unit of Arabtec Holding Co., will receive 40 percent of the total outstanding payments from Nakheel PJSC by the end of April, Emirates Business 24/7 reported, citing the chief executive officer of the unit.  The rest of the money will be paid against a bond, Tom Barry was cited as saying by the Dubai-based newspaper. Arabtec will restart work on Nakheel’s Al Furjan project, he said.


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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