Monday 23 January 2017
 
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Building materials

Building materials rate hike 'may push up property prices'

An increase in building materials price could push up the prices of apartments, villas and office space, if not contained in the next few months, said a Dubai-based property developer. “The escalation of certain building mat

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Abu Dhabi building material prices up in November

The prices of various construction materials used in the construction industry across Abu Dhabi, UAE, have registered a sharp increase in November compared to the same period last year led by iron and bricks, said a report. There

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Saudi firms unveil key building materials

A total of 60 companies are showcasing some of the kingdom's best construction and building materials under the Saudi pavilion at the ongoing Big 5 expo in Dubai, UAE. The Saudi pavilion, which was officially inaugurated yeste

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Arkan nine-month revenues drop to $162m

UAE-based Arkan Building Materials Company has reported revenues of Dh596 million ($162 million) for the first nine months of 2016, marking a drop from Dh666.4 million ($181 million) for the same period last year. A leading constr

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UAE group Arkan approves 49pc foreign ownership

UAE-based Arkan Building Materials Company said it has won approval from the board of directors to open up its share register to foreign ownership. A leading construction materials company, Arkan was established in 2005. It is 51

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Arkan to enter new markets, boost exports

UAE-based Arkan Building Materials said it has registered solid growth this year and is now aiming to increase exports to 20 per cent of the group revenues over the next three years. A leading construction and building materials c

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Arkan Building H1 revenues top $111m

UAE-based Arkan Building Materials has posted revenues of Dh411 million ($111.9 million) and net profit of Dh40 million ($10.9 million) for the first half (H1) of the year, compared with Dh444 million ($120.9 million) and Dh58 million ($15.8 mil

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New chief operating officer for Arkan

Arkan Building Materials Company (Arkan), a leading construction and building materials company in the UAE, has appointed Abdelaziz Asad as its new chief operating officer. Asad, a UAE national, started his career in 1991 with one

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Qatar building materials costs to surge ahead of 2022

The cost of construction materials in Qatar is likely to jump as the host nation intensifies infrastructure building ahead of the 2022 World Cup, and other building projects could finish late as a result, industry experts say. Qat

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Bahrain bans building material shops in housing areas

Bahrain municipal officials have introduced a ban on all new machine rental and building materials shops opening in the Southern Governorate's residential areas, said a report. The Southern Municipal Council took the decision

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