Board of Dubai's Arabtec to meet on Thursday
The board of Dubai construction company Arabtec will meet on Thursday afternoon to review its second-quarter earnings statement and other reports and recommendations.
DFM index falls 5.99% as Arabtec slides 9.9%
The Dubai Financial Market (DFM) index plunged after six consecutive sessions of going up, with a 5.99 per cent drop on Sunday to reach 4,609.67 on the back of a 9.9 per cent fall by powerhouse, Arabtec.
Dubai's ENBD repays final USD1.1bn of 2008 govt support
Emirates NBD has repaid the remaining AED 4 billion (USD 1.1 billion) of support which it received from the UAE government in 2008, the finance ministry said.