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RAK Ceramics revenue up 9.2% to AED705.2mn

RAS AL KHAIMAH / WAM RAK Ceramics announced its results for the third quarter ended on September 30. Core revenues increased 14.1 percent year-on-year (YoY) to AED643.6 million, driven by strong growth in the UAE, Saudi Arabia, India and Bangladesh. Total revenue grew to AED705.2 million, an increase of 9.2 percent compared to Q3 2016. Core revenue contribution represented an ...

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Saqr Port, Hutchison Ports sign 25-year concession deal

Ras Al Khaimah / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras al-Khaimah, emphasised that Emirate of Ras al-Khaimah wants to build an integrated commercial infrastructure that will attract investors and businessmen from all over the world. He made his remarks at the signing of a 25-year concession agreement between Saqr Port and ...

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World’s biggest PV solar plant to be operational in Abu Dhabi by 2019

Bloomberg The world’s biggest photovoltaic (PV) solar plant is set to start operating by April 2019, a managing director of China’s Jinko Solar Holding Co. said. The 1.2-gigawatt project in Abu Dhabi is “well on track and on schedule,” Mothana Qteishat, Jinko Solar’s managing director for project development in the Middle East and North Africa, said at the Routes to ...

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