Dubai's Arabtec to launch five subsidiaries


(MENAFN) Dubai-based builder Arabtec Holding has announced its plan of launching five new subsidiaries, according to Arabian Business



This comes as part of the company's plans to be involved in new markets and infrastructure projects



The company also aims to develop from a local contractor into a multinational development company



Arabtec's shares boosted 1.6 percent in the early morning trading on Sunday following the announcement


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