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Arabtec’s move is likely to hit scores of suppliers and sub-contractors in the UAE.(Reuters)

Burj Khalifa builder Arabtec set to fall into liquidation

By Bloomberg | Posted by Prashasti SIngh
UPDATED ON OCT 01, 2020 03:57 PM IST
“After considering a number of strategic options, the shareholders of Arabtec Holding have voted to discontinue with the Group and dissolve it due to its untenable financial situation,” a company spokesperson said.
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