Arabtec Holding PJSC (DFM:ARTC) has started, with one of its subsidiaries - Arabtec Engineering Services Llc - put up for sale. The process is being overseen by Dubai Courts' Ninth Commercial Circuit - Bankruptcy Procedures division. Up to 80% of Arabtec Engineering Services will be offered, for a `minimum' AED 49.6 million.

The remaining 20% will be retained by Zuzu Investments Ltd., according to a newspaper ad.