24/10/2025 06:58 AST

RAK Ceramics, one of the world's leading ceramics manufacturers, has teamed up with Gulf Cryo, a regional leader in industrial gases and decarbonisation solutions, for the launch of the UAE's first carbon capture plant in Ras Al Khaimah.

The Gulf Cryo's new facility, a first of its kind in the UAE for carbon capture and utilisation (CCU), was inaugurated by Sheikh Saqr bin Saud bin Saqr Al Qasimi, Chairman of RAK Ceramics in the presence of senior officials.

Capturing CO² from RAK Ceramics, the facility represents a significant milestone in Ras Al Khaimah's sustainability journey. It is dedicated to producing high-purity carbon dioxide, said the Emirati group in a statement.

Sheikh Saqr said the collaboration with Gulf Cryo is aimed at developing innovative technologies to cut carbon emissions and boost industrial efficiency, in line with the Ras Al Khaimah 2050 Integrated Sustainability Strategy and the UAE's Net Zero by 2050 commitment.

"The project reflects the emirate's steadfast commitment to sustainability and environmental responsibility, inspired by the visionary leadership of HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, to build a diversified, innovation-driven economy rooted in the protection of natural resources," he added.


Trade Arabia

RAK Ceramics posts solid Q2 growth; revenue soars to $435m

14/08/2025

RAK Ceramics, a leading ceramics and porcelain lifestyle solutions provider, has announced solid results for the first half with its total revenue soaring to AED1.6 billion ($435 million), up 2.9% ov

Trade Arabia

RAK Ceramics shareholders approve dividend, bonus plan

01/03/2018

RAK Ceramics said on Tuesday its shareholders have approved plans of the board, which recommended Dh0.25 per share of dividend and 5 per cent bonus shares.
RAK Ceramics will begin trading ex-div

Gulf News

RAK Ceramics posts Dh270m profit for 2017

08/02/2018

RAK Ceramics, the world's fourth-largest producer of ceramics, returned to profitability in 2017, on the back of higher revenues, after the company took a loss in the previous year because of provisi

The National

Ticker Price Volume
RAKCEC 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%)
stc reports KD 342.5 million revenues, KD 34.1 million net profit for 2025

29/01/2026

Kuwait Telecommunications Company (stc) a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait, announced its financia

Kuwait Times

KIB Group achieves profit of KD 30.1 million for year 2025

29/01/2026

The Chairman of Kuwait International Bank (KIB), Sheikh Mohammed Jarrah Al-Sabah, announced the Group's financial results for the year ending on December 31, 2025, achieving a net profit of KD 30.1 m

Kuwait Times

MPHC reports net profit of QR533m for 2025

29/01/2026

Mesaieed Petrochemical Holding Company (MPHC), yesterday announced a net profit of QR533m for the period ended December 31, 2025, representing a decline compared to previous year.

Commenting

The Peninsula

Dukhan Bank announces diamond sponsorship of Web Summit Qatar

29/01/2026

Dukhan Bank has announced its diamond sponsorship of Web Summit Qatar, one of the world's leading technology and innovation platforms, to be held from 1 to 4 February 2026. The diamond sponsorship re

The Peninsula

NMDC adds Dh618 million dredger to expand fleet and clear project backlog

29/01/2026

NMDC Group has moved to strengthen its execution capacity with the addition of a new self-propelled cutter suction dredger valued at Dh618 million, extending a fleet that already exceeds 170 vessels

Gulfnews