Buzzi buys 38% of Gulf Cement Co
Buzzi SpA , through TC Mena Holdings Ltd (TC Mena), a 90 per cent owned subsidiary incorporated under the laws of Abu Dhabi Global Market, has acquired 37.6 per cent of the sh...
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Buzzi SpA , through TC Mena Holdings Ltd (TC Mena), a 90 per cent owned subsidiary incorporated under the laws of Abu Dhabi Global Market, has acquired 37.6 per cent of the sh...
Economies throughout the Gulf Cooperation Council (GCC) region, comprising Saudi Arabia, United Arab Emirates (UAE), Qatar, Oman, Kuwait and Bahrain, are expected to strengthen...
The Abu Dhabi Investment Office (ADIO) has partnered with Partanna, a Bahamian climate tech company, to establish its regional headquarters and a state-of-the-art manufacturing...
Ras Al Khaimah Co for White Cement and Construction Materials (RAK White Cement) saw its third-quarter (July-September 2024) revenue increase by 7.5 per cent to AED63.21m (US...
Following UltraTech Cement Middle East Investments Ltd' s (UCMEIL) partial cash offer for acquiring shares (25 per cent) of Ras Al Khaimah Co for White Cement (RAKW) and Con...
The UAE Securities and Commodities Authority has approved the strategic decision of Aditya Birla Group -owned UltraTech Middle East Investment’s regional operations. This deci...
UltraTech Cement , a subsidiary of the Aditya Birla Group, has announced that it intends to acquire a significant 31.6 per cent stake in UAE-based RAK Cement Co for White Ceme...
UAE-based Fujairah Cement Industries has reported sales of AED343.81m (US$93.62m) in 2023. This marks a contraction from the AED374.58m seen in the previous year. The comp...
Emirates Arkan Steel (ESA) has announced a strategic collaboration with Magsort, a Finnish decarbonisation company, to drive an innovative initiative across ESA's Al Ain ce...
The Gulf Cooperation Council (GCC) economy has come under pressure from falling oil revenues, but economic diversification is paying off. Moving into 2024, cement market growth...