Posted: 09 Mar 2009 02:52 AM PDT
Dubai’s Arabtec Holdings, the region’s largest listed contractor, has announced the formation of a new joint venture in Saudi Arabia to take advantage of the Kingdom’s continued growth. Arabtec Saudi Arabia will have a paid up capital of US $40 million (SAR150 million) and is expected to turnover $400 million in its first year and up to $1.3 billion within three years said Arabtec CEO Riad"