{"id":6444,"date":"2016-03-01T17:17:38","date_gmt":"2016-03-01T10:17:38","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=6444"},"modified":"2016-03-01T15:11:38","modified_gmt":"2016-03-01T08:11:38","slug":"arabtec-shares-continue-dizzying-rise-in-dubai-after-hasan-ismaik-increases-stake","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-shares-continue-dizzying-rise-in-dubai-after-hasan-ismaik-increases-stake\/","title":{"rendered":"Arabtec shares continue dizzying rise in Dubai after Hasan Ismaik increases stake"},"content":{"rendered":"


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\nArabtec shares continued their dizzying rise on Tuesday morning, after former chief executive Hassan Ismaik increased his stake in the company to 11.91 per cent on Monday.The Dubai construction firm’s shares rose by nearly 12 per cent at the open before paring gains slightly, trading up 7.64 per cent at Dh1.55 45 minutes into morning trading, during which time some 200 million Arabtec shares changed hands.
\nArabtec shares have risen by more than a third since the start of the week, their best three-day rally since July 2014, as news emerged that Mr Ismaik was increasing his shareholding in the company, after trimming it in late 2014.The company issued a statement on Wednesday morning stating there was no substantial news that had impacted the share price.Arabtec’s rally saw the Dubai Financial Market General Index open up 0.7 per cent at 3,263.56.
\nIn the capital the Abu Dhabi Securities Exchange General Index was trading up 0.2 per cent after 45 minutes.jeverington@thenational.aeFollow The National’s Business section on Twitter
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\nSource : thenational.ae
\nRead more…Arabtec shares continue dizzying rise in Dubai after Hasan Ismaik increases stake<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Arabtec shares continued their dizzying rise on Tuesday morning, after former chief executive Hassan...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-6444","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1FW","jetpack-related-posts":[{"id":6372,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-shares-soar-after-former-chief-hasan-ismaik-raises-stake-in-dubai-builder\/","url_meta":{"origin":6444,"position":0},"title":"Arabtec shares soar after former chief Hasan Ismaik raises stake in Dubai builder","date":"February 29, 2016","format":false,"excerpt":"\r \r Arabtec Holding's former chief executive Hasan Ismaik has increased his shareholding in the builder, sending its shares soaring to their highest level since November.Mr Ismaik's shareholding in the company increased to 11.91 per cent from 11.81 per cent, according to the Dubai Financial Market website. The stock rose\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6552,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-shares-plunge-20-per-cent-as-rally-comes-to-dramatic-end\/","url_meta":{"origin":6444,"position":1},"title":"Arabtec shares plunge 20 per cent as rally comes to dramatic end","date":"March 2, 2016","format":false,"excerpt":"\r \r Arabtec plummeted 20 per cent in the final 90 minutes of trading, bringing the stock's dramatic three-day rally to an abrupt end.EFG Hermes downgraded Arabtec to 'sell' from 'hold', arguing that the construction firm's fundamentals did not justify recent rises in their share prices.The bank argued that the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-says-ex-ceo-hasan-ismaik-is-not-joining-the-board-of-dubai-contractor\/","url_meta":{"origin":6444,"position":2},"title":"Arabtec says ex CEO Hasan Ismaik is not joining the board of Dubai contractor","date":"March 7, 2016","format":false,"excerpt":"\r \r Rumours that a former chief executive of Arabtec Holding, Hasan Ismaik, will be appointed to its board are false, the Dubai-listed construction firm said on Monday.\"The rumours over the appointment of Mr Hasan Ismaik as chairman or member of the board of directors of Arabtec are false and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6350,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubais-arabtec-soars-14-amid-speculation-ex-chief-hasan-ismaik-is-adding-to-stake\/","url_meta":{"origin":6444,"position":3},"title":"Dubai's Arabtec soars 14% amid speculation ex chief Hasan Ismaik is adding to stake","date":"February 29, 2016","format":false,"excerpt":"\r \r Arabtec jumped to the highest in almost four months as traders speculated former chief executive Hasan Ismaik is adding to his stake.The builder soared 14 per cent to Dh1.44 12.15pm in Dubai, the biggest jump since June. More than 368 million shares changed hands, about 14-times the six-month\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-trading-volumes-for-arabtec-stock-as-new-shareholder-is-revealed\/","url_meta":{"origin":6444,"position":4},"title":"High trading volumes for Arabtec stock as new shareholder is revealed","date":"September 25, 2016","format":false,"excerpt":"\r Tasameem Real Estate, based in Abu Dhabi, has become the second largest shareholder in Arabtec Holding, according to data on Dubai's stock exchange, replacing the company's former chief executive Hassan Ismaik.Tasameem, an investment company owned by the UAE's Deputy Prime Minister Sheikh Mansour bin Zayed, was listed on Sunday\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6364,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubais-arabtec-soars-as-ex-chief-hasan-ismaik-adds-to-stake\/","url_meta":{"origin":6444,"position":5},"title":"Dubai's Arabtec soars as ex chief Hasan Ismaik adds to stake","date":"February 29, 2016","format":false,"excerpt":"\r \r Arabtec's former chief executive Hasan Ismaik has added to his stake, helping to boost shares of the construction company the most in more than a year.The former CEO's holdings rose to 11.91 per cent on Monday from 11.81 per cent, according to data on the website of Dubai\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/6444"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=6444"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/6444\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=6444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=6444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=6444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}