Dubai – Mubasher: Arabtec Holding, listed on the Dubai Financial Market (DFM), announced it considers the possibility of entering into a cooperation agreement in the construction sector with Trojan Holding, a construction group based in Abu Dhabi.
Any further details or developments regarding this matter will be revealed when an agreement is reached or otherwise, Arabtec said in a bourse filing on Wednesday.
Arabtec Holding previously posted it had logged a net profit attributed to the owners of the parent company of AED 58 million during the first half of this year, 48.8% down from AED 113 million in H1-18.
Earlier this day, the DFM-listed company announced the appointment of Wail Farsakh as group chief operating officer (COO).
