#Building materials

Emirates Stell Arkan introduces new operating model Image credit Emirates Steel Arkan

UAE’s Emirates Steel Arkan introduces new operating model, creates 2 separate units

The new operating model has resulted in the creation of two separate business units – Emirates Steel and Building Materials

emirates steel arkan DNV to boost decarbonisation through five-year collaboration Image credit emirates steel arkan

Emirates Steel Arkan, DNV to drive decarbonisation in steel, building materials industry

The two entities have signed a Decarbonization Strategic Collaboration Agreement as part of a five-year collaboration

Arkan and Emirates Steel merge to create UAE’s largest steel and building materials company

Under key terms of the offer, Arkan issued to Senaat a convertible instrument, which converted into 5.1 billion ordinary Arkan shares