Dubai – Mubasher: Arabtec Holding’s board recommended the distribution of AED 30.75 million in cash dividends for 2017, with a per-share dividend of AED 2.05, according to a company statement released on Thursday.

The proposed dividends make up 2.05% of the company’s capital, the Dubai-listed firm revealed.

Arabtec Holding posted a net profit of AED 47.9 million ($13.03 million) during the full-year 2017.