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Al Hassan takes new initiatives to strengthen balance sheet
(Times of Oman - 16/02/2016)

Al Hassan Engineering’s board has decided to take a series of new steps, including sale of land, efforts to recover additional cost and recapitalisation of Abu Dhabi subsidiary, to improve its financial position and strengthen balance sheet. In order to

RAK Ceramics posts 10 per cent net profit increase
(The National - 15/02/2016)

RAK Ceramics posted a 10.2 per cent rise in net profit last year on the back of a value-creation plan introduced by the majority owner, Samena Capital, in mid-2014. Profit rose to Dh310.3 million last year from Dh281.7m in the previous year. Samena owns

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