Tuesday, October 22, 2019
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Dubai shares rally as Arabtec stocks jump 9.47%

Dubai: Dubai’s DFM General Index rallied 2.91 per cent, the biggest intra-day jump since March 18.

Construction company Arabtec Holding Co. led gainers as its shares jumped by a whopping 9.47 per cent to Dh7.98.

Arabtec is on track to build the Gazprom tower in St. Petersburg, the company said in a statement to the bourse.