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Abu Dhabi firm to build defence vessels for Kuwait (The National - 24/01/2016)

Abu Dhabi Ship Building (ADSB) has won a Dh260 million contract from the Kuwaiti government to build eight boats, as the Arabian Gulf neighbour looks to bolster its maritime patrol and defence capabilities. The Abu Dhabi-listed company’s shares rose by

Zamil Industrial SAR 263 million net profit for year 2015 (Press Release - 20/01/2016)

Zamil Industrial Investment Co. (Zamil Industrial) has announced its consolidated interim financial results for the period ending 31 December 2015. Net profits for the fourth quarter of 2015 were SAR 57.5 million (USD 15.3 million), compared with SAR

New chief operating officer for Arkan (Trade Arabia - 12/01/2016)

Arkan Building Materials Company (Arkan), a leading construction and building materials company in the UAE, has appointed Abdelaziz Asad as its new chief operating officer. Asad, a UAE national, started his career in 1991 with one of Arkan’s

ADSB and Drydocks World sign agreement (The National - 12/01/2016)

Abu Dhabi Ship Building has struck an initial agreement with Dubai’s Drydocks World to work together on maritime projects. The Abu Dhabi-based marine services company said the memorandum of understanding paved the way for the creation of “an industrial

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