Arabtec reports Q4 loss as shares plummet

the company?s board is currently seeking shareholder approval for a AED1.5bn ($408.4m) rights issue to recapitalise the company, Reuters reports
Source: New feed

Daimler to elect Kuwait wealth chief to its board

Leading commercial vehicle manufacturer Daimler nominates Bader Mohammad Al Saad, MD of the Kuwait Investment Authority, for a position on its supervisory board
Source: New feed