.
.
.
.

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

Published: Updated:

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)