12/01/2016 16:05 AST

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 subsidiaries, Emirates Cement Factory. He joined as an electrical engineer, and quickly advanced within the organisation, becoming the general manager of the company's cement division, said a statement from Arkan.

In his new role, Asad will be reporting directly to the CEO Abdellatif Sfaxi.

Commenting on the appointment, Jamal Salem Al Dhaheri, the chairman of Arkan, said: "With his 24 years of experience at Emirates Cement Factory, and his in-depth industry expertise, Asad joins at a time when the company embarks on its next ambitious growth phase after establishing its local market leadership."

"As a proud Emirati company, Arkan is committed to the economic initiatives of Abu Dhabi government's 2030 vision. His appointment will add value to the senior management team as it expands the company's local dominance to the region," he added.

He is a holder of Master of Quality Management (MQM) degree from the University of Wollongong in Dubai. He received his Bachelor of Science in Electronic Engineering Technology degree from Colorado Technical, US.

Asad said: "Working for more than 24 years for one of Arkan's subsidiaries, I have witnessed the company's growth and transformation to become a major contributor in the development of the UAE's construction and building materials sector."

"I am confident that Arkan will go stronger and bolder in the years ahead and look forward to contributing to its bright future," he added.


Trade Arabia

Emsteel nine-month revenue gains 10%, eyes sustainable growth

14/11/2025

Emsteel, one of the region's largest steel and building materials manufacturers, has reported a strong financial performance for the first nine months of 2025, buoyed by resilient market demand and s

Khaleej Times

Emsteel, e& collaborate to launch advanced private 5G network pilot in manufacturing

06/11/2025

Emsteel Group, one of the region's largest publicly listed steel and building materials manufacturer, today announced the successful pilot launch of private 5G network of its kind in the manufacturin

Trade Arabia

Emsteel launches world's first electric process gas heaters in steelmaking

11/09/2025

Emsteel Group, one of the largest publicly traded steel and building materials manufacturers in the region, has announced a landmark partnership with global technology leader Danieli to launch the fi

Trade Arabia

Ticker Price Volume
EMSTEEL Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Ticker Price Change
ALPHADHABI 9.39 0.03 (0.32%)
IQCD 12.06 -0.03 (-0.25%)
MODON 3.40 0.03 (0.89%)
ADNOCLS 5.75 0.05 (0.87%)
ADPORTS 4.49 -0.01 (-0.23%)
Kuwait Airways, Sri Lankan Airlines strengthen codeshare agreement to expand travel

19/12/2025

In a move to consolidate its global network of destinations and provide diverse travel options to its valued customers, Kuwait Airways has announced the strengthening of its codeshare agreement with

Kuwait Times

Ajman Bank launches digital extension scheme to boost smart services

19/12/2025

Ajman Bank has launched a digital extension to expand its bouquet of smart, customer-centric banking services.

The Digital Extension has been designed to provide customers with seamless acce

Khaleej Times

Tecom Group launches Dh615 million Innovation Hub Phase 4 in Dubai Internet City

19/12/2025

Tecom Group PJSC, the creator of specialised business districts and communities in Dubai, has launched Phase 4 of Innovation Hub in Dubai Internet City to address rising demand for Grade-A office spa

Khaleej Times

Acwa Power in deal to boost $5bn sustainable utility projects across Africa

19/12/2025

Acwa Power, the world's largest private water desalination company, leader in energy transition and first mover into green hydrogen, has signed a co-operation framework with the African Development B

Trade Arabia

Saudia Cargo partners with exports body to boost Kingdom's products globally

19/12/2025

Saudia Cargo and the Saudi Export Development Authority inked a strategic memorandum of understanding, in a move set to accelerate the international reach of non-oil goods.

The agreement, si

Arab News