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Dubai Investments to launch new Islamic bankDubai Investments has announced plans to lead a consortium of investors to launch Arkan Bank, a wholesale Islamic financial institution with an initial paid-up capital of $100 million. The authorised share capital of Arkan Bank wi More… |
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Arkan to shut down Abu Dhabi cement factoryArkan, a leading building materials industrial conglomerate, has announced its decision to permanently close down one of its cement factories, Emirates Cement Factory (ECF), at Al Ain in the emirate of Abu Dhabi, UAE, as part of its region More… |
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Arkan to shut down Abu Dhabi cement factoryArkan, a leading building materials industrial conglomerate, has announced its decision to permanently close down one of its cement factories, Emirates Cement Factory (ECF), at Al Ain in the emirate of Abu Dhabi, UAE, as part of its region More… |
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Arkan 2016 revenue slips to $220mArkan Building Materials, a leading construction and building materials company in the UAE, has posted revenues of Dh807.7 million ($220 million) for 2016, compared to Dh876.9 million in 2015. Jamal Salem Al Dhaheri, chairman of A More… |
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Arkan nine-month revenues drop to $162mUAE-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 More… |
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UAE group Arkan approves 49pc foreign ownershipUAE-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 More… |
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Arkan to enter new markets, boost exportsUAE-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 More… |
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Arkan Building H1 revenues top $111mUAE-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 More… |
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UAE builder Arkan posts 26pc jump in net profitArkan Building Materials Company, a leading construction and building materials company in the UAE, has registered a 26 per cent jump in its net profit for 2015 which soared to Dh101.1 million ($27.5 million) from Dh80 million ($22 million) the More… |
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New chief operating officer for ArkanArkan 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 More… |
