Dubai – Mubasher: Arabtec Holding’s stock, listed on the Dubai Financial Market (DFM), jumped by mid-Thursday, hitting its highest level since May 2019.
By 11:42 am UAE time, the stock soared 2.45% to AED 1.67 after seeing trading on 7.42 million shares at a turnover of AED 12.43 million.
On Tuesday, Arabtec Holding said it appointed Adel Al Wahedi as the acting group chief financial officer (CFO).
In May, the DFM-listed company announced the appointment of Peter Pollard as the company’s acting CEO as Hamish Tyrwhitt has stepped down.
