Arkan posts net loss in 9M20
UAE-based Arkan Building Materials Co has recorded a net loss of AED3.71m (US$1.01m) in the first nine months of 2020, compared to an AED36.13m profit in the corresponding perio...
Arkan Building Materials
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Abdelaziz Assad named acting CEO Arkan Building Materials
UAE-based Arkan Building Materials has appointed Abdelaziz Asad as acting CEO following the departure of Abdellatif Sfaxi to pursue other career opportunities. Under the new arr...
Arkan Building Materials sees profits decline to AED2.1m in 1H20
Arkan Building Materials reported 1H20 profits declining to AED2.1m (US$571,818) as construction activity became disrupted in UAE due to the pandemic. Last year the company repo...
Arkan sees 14% decrease in net profit for 1Q20
UAE-based Arkan Building Materials has seen a 13.8 per cent fall in net profit to AED10.53m (US$2.87m) during the first quarter of 2020, compared to AED12.21m in the year-ago pe...
Arkan sees increase in net profit for the 9M19
UAE-based Arkan Building Materials Co has recorded a net profit of AED36.13m (US$9.8m) for the first nine months of 2019, compared to AED10.2m in the corresponding period last y...
Arkan sees 55% net profit increase in 1H19
UAE-based Arkan Building Materials has announced a 55 per cent YoY increase in net profit to AED33.8m (US$9.2m) for the 1H19. The positive result has been attributed to cost man...
Arkan sells Emirates cement plant
UAE-based Arkan Building Materials has announced the sale of its Emirates cement plant for AED50m (US$13.6m). The company also noted the permanent shutdown of Emirates Cement Co...
Arkan Building Materials to co-process SPL
Emirates Global Aluminium (EGA) will supply Abu Dhabi-based Arkan Building Materials with waste from its smelting operations. Arkan will co-process EGA’s spent pot lining (SPL) ...
Arkan to close UAE factory
Building materials industrial conglomerate Arkan has announced its decision to permanently close its Emirates Cement Factory (ECF) in Al Ain, Gulf Digital News has reported. The...
UAE: Arkan’s profits fall by 25% in 2016
Arkan Building Materials has seen its annual profits fall by a quarter to AED75.7m (US$20.6m), according to reports in Construction Week Online.