Friday 26 December 2014
 
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RAK Ceramics

RAK Ceramics to exit Sudan business, boost UAE capacity

United Arab Emirates-based RAK Ceramics, one of the world's biggest makers of floor and wall tiles, said on Thursday it would sell its Sudan business and use the cash raised to expand its sanitary ware production capacity in the UAE.

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RAK Ceramics to exit Sudan business, boost UAE capacity

United Arab Emirates-based RAK Ceramics, one of the world's biggest makers of floor and wall tiles, said on Thursday it would sell its Sudan business and use the cash raised to expand its sanitary ware production capacity in the UAE.

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RAK Ceramics to exit non-core business

RAK Ceramics, one of the world's biggest makers of floor and wall tiles, will likely see benefits to its fourth-quarter earnings onwards after it exits some of its non-core businesses, its chief executive said on Thursday. Abd

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RAK Ceramics H1 profit up 9pc

RAK Ceramics, the world’s largest ceramics manufacturer, posted a net profit of Dh149.9 million ($40.81 million) for the first six months of this year, an increase of 9 per cent compared to the same period in 2013. Total rev

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Samena mulls sale of RAK Ceramics units

Samena Capital, the largest shareholder in Abu Dhabi-listed RAK Ceramics, is looking into potential divestments at the tile and ceramics maker to help to improve its performance, it said on Wednesday. Shirish Saraf, vice-chairman

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Samena-led group buys 30.6pc stake in RAK Ceramics

Samena Capital and a group of international investors including two Gulf sovereign wealth funds have completed the purchase of a 30.6 percent stake in Ras Al Khaimah Ceramics, the investment firm said in a statement on Sunday. The

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RAK Ceramics main investor to sell 30pc stake

Ras Al Khaimah Ceramics said on Tuesday that its founding shareholder had agreed to sell 30.6 percent of his stake in the company to Samena Limestone, a company incorporated under the laws of the Cayman Islands. Sheikh Saud bin Sa

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RAK Ceramics main investor to sell 30pc stake

Ras Al Khaimah Ceramics said on Tuesday that its founding shareholder had agreed to sell 30.6 percent of his stake in the company to Samena Limestone, a company incorporated under the laws of the Cayman Islands. Sheikh Saud bin Sa

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RAK 'exploring' ceramics unit stake sale

The ruling family of Ras Al Khaimah, one of the seven UAE emirates, is exploring a sale of its shares in Ras Al Khaimah Ceramics, a major maker of ceramic wall and floor tiles and sanitary ware, a source familiar with the matter said.

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RAK 'exploring' ceramics unit stake sale

The ruling family of Ras Al Khaimah, one of the seven UAE emirates, is exploring a sale of its shares in Ras Al Khaimah Ceramics, a major maker of ceramic wall and floor tiles and sanitary ware, a source familiar with the matter said.

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