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Arabtec recommends distributing 25% stocks dividends

2011-03-09

Arabtec Holding – the largest construction company in Dubai- posted a net income of AED 307.1 million (AED 0.26 per share) during 2010; a drop of 38% compared to 2009. Also, the board of directors of the company in Dubai- recommended in its meeting to distribute stocks dividends by 25% (one share for every 4 shares) for the year 2010, as to hold the ordinary and extraordinary general assembly on April 3, 2011.