Saturday 1 October 2016
 
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Building materials

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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Almoayyed Construction signs up for gulfBID

Almoayyed Construction, one of the major professional engineering and civil construction companies in the region, has confirmed its participation for gulfBID 2015, the annual exhibition for the Northern Gulf’s construction and building mat

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Building material prices down 25pc in Saudi Arabia

The prices of building materials across Saudi Arabia have witnessed a 25 per cent drop and are expected to decline further in the coming months, said a report. Owing to this, the prices of housing units too are expected to come do

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Gemini breaks ground on key facility in Abu Dhabi

Gemini Building Materials, a leading importer and trader of building materials in the UAE, has broken ground on its new manufacturing facility at Khalifa Industrial Zone in Abu Dhabi (Kizad). The new Gemini Technical Industries unit wil

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Gemini breaks ground on key facility in Abu Dhabi

Gemini Building Materials, a leading importer and trader of building materials in the UAE, has broken ground on its new manufacturing facility at Khalifa Industrial Zone in Abu Dhabi (Kizad). The new Gemini Technical Industries unit wil

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Gulf investors buy into Fujairah building materials firm

A consortium of Gulf-based investors led by regional private equity firm First Equity Partners (FEP) has acquired a 50 per cent stake in Oryx Industries, a major construction materials firm based in Fujairah, UAE, said a report. FEP and

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