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Arabtec Holding's CEO Riad Kamal stated: "The increase in Arabtec Holding's profit is due to the increase in the consolidated revenue and maintaining the net profit percentage. This has resulted from the careful expansion strategy implemented by Arabtec and the selected acquisitions completed which, focused on complementing our expertise. It was also due to proper integration of our large scale operations and managing efficiently the large resources required for our successful construction activities. Arabtec adopted a strategic plan over the past few years which aimed to diversify our projects portfolio revenue mix without compromising on safety or quality and delivering on schedule"
He added:
"Arabtec holds a leading position among the region's largest construction companies, with projects in the UAE, Russia, Qatar, Jordan, Syria and Pakistan."
Posted by Nadeen El Ajou
