| 15.05.2012 - Arabtec denies reports on majority takeover by Abu Dhabi fund |
| The United Arab Emirates' largest construction company by market value Arabtec Construction on Monday denied media reports that its shareholder Aabar, sovereign wealth fund from Abu Dhabi, has increased its stake in the firm to 53 percent. "Aabar Investment's stake in our firm stands at 20.76 percent and not at 53 percent as reported," Arabtec Construction said in a statement to the Dubai Financial Market (DFM)...............................................Full Article: Source |