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Arabtec Head of M&A Said to Have Been Fired Amid Staff Cuts

Arabtec Holding Co.’s head of mergers and acquisitions, Shohidul Ahad-Choudhury, has been dismissed following the resignation of Chief Executive Officer Hasan Ismaik, a person familiar with the situation said.

Hundreds of employees at the United Arab Emirates’ largest construction company, including a number of managers, have also been fired since Ismaik’s departure, according to three people familiar with the situation who asked not to be identified because the information is private.