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FINANCIAL NEWS
Arabtec to extend subscription period of rights issue
25 Jun 2013
(MENAFN) Close resources revealed that Arabtec intend to extend the subscription period of its USD650 million rights issue supposedly to end on Sunday next week, Alarabiya reported.
Dubai builder “Arabtec” put the rights issue on subscription two weeks ago in sake of assisting builder to enlarge its regional operations which is part of an expansion plan assumed to be executed over 5 years with an intention of capital increase if required.
It’s worth noting that The company has obtained various deals and contract conducted by its new management in 2013 amounting to USD3.5billion so far, Chiefly Abu Dhabi- home of mother company Aabar.
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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