Adnoc awards excellence

The Abu Dhabi National Oil Company (Adnoc) recently announced the winners of its inaugural Adnoc Excellence Awards, which celebrates the extraordinary efforts being made to support the company’s transformation and 2030 smart growth strategy. At the ceremony, Adnoc recognised and showcased the exceptional teams who have helped the company to accelerate delivery of its business priorities and strategic objectives.

Arkan records Dh676.9M revenue

Arkan Building Materials Co has announced its financial results for the first nine months of 2018, with net revenue for the period standing at Dh676.9 million, flat compared to Dh677.6 million recorded in the same period of last year. Arkan continued to see strong revenue growth from its pipes, blocks and dry mortar businesses. Pipes recorded increased export sales to markets in the Far East and Central Africa and blocks and dry mortar reported strong growth across construction projects in the UAE.