UAE’s Arabtec wins $253 mln of Saudi petro work
The projects include upgrading liquefied gas and refinery facilities for national oil firm Saudi Aramco
UAE-based builder Arabtec said a wholly-owned subsidiary had won $253 million of contracts in Saudi Arabia’s oil and gas industry.
The projects include upgrading liquefied gas and refinery facilities for national oil firm Saudi Aramco, Arabtec said in a statement on Sunday.
As a result of the news, Arabtec became the most traded stock in Dubai on Sunday, climbing 1.0 percent, adding 0.2 percnt to Dubai's index.
(With Reuters)
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