DUBAI Feb 9 Dubai-based builder Arabtec Holding
said on Sunday it would set up five new subsidiaries
as it expands into new markets and infrastructure projects.
Two of the units will focus on infrastructure projects
inside and outside the United Arab Emirates, one will focus on
water and energy project and one will concentrate on the
Egyptian market, it said in a bourse statement.
Arabtec will also set up an investment firm, Arabtec
Capital, to provide global financial services.
(Reporting By Olzhas Auyezov; Editing by Mirna Sleiman)