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KPMG signed up as valuer for Arkan-Emirates Steel Industries merger

KPMG signed up as valuer for Arkan-Emirates Steel Industries merger
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

Emirates steel industriesWhite caseHolding corporation senaatBuilding materialsGeneral holding corporationEmirates steelஅமீரகங்கள் எஃகு தொழில்கள்வெள்ளை வழக்குகட்டிடம் பொருட்கள்ஜநரல் வைத்திருத்தல் நிறுவனம்அமீரகங்கள் எஃகு

Emirates News Agency - Arkan appoints independent valuer to review offer to form strategic combination with Emirates Steel

Emirates News Agency - Arkan appoints independent valuer to review offer to form strategic combination with Emirates Steel
wam.ae - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wam.ae Daily Mail and Mail on Sunday newspapers.

Abu dhabiEmirates steel industriesWhite caseHolding corporation senaatBuilding materialsGeneral holding corporationEmirates steelஅமீரகங்கள் எஃகு தொழில்கள்வெள்ளை வழக்குகட்டிடம் பொருட்கள்ஜநரல் வைத்திருத்தல் நிறுவனம்அமீரகங்கள் எஃகு

Adnoc signs 10-year gas supply agreements with Emirates Steel and Arkan

Adnoc, which produces and sells oil on behalf of the UAE, Opec s third-largest producer, has been looking to develop its gas resources. The company has the potential to produce 11 billion cubic feet per day of natural gas and over 1 billion cf/d of sour gas. A significant proportion of gas fields in Abu Dhabi are sour, a term that refers to the presence of sulphurous compounds in the gas. The national oil company is also the main provider of natural gas to industries in the UAE, accounting for more than two-thirds of supply. “This agreement will ensure the security of supply and cost of natural gas to our plants, and demonstrates Adnoc s continued support of the UAE’s industrial sector, said Emirates Steel chief executive Saeed Al Remeithi.

Abuz abyUnited arab emiratesAbu dhabiKhalid salmeenSaeed al remeithiHolding corporationAbu dhabi national oil companyEmirates steelGeneral holding corporationJennifer gnanaAbu dhabi oilஒன்றுபட்டது அரபு அமீரகங்கள்வைத்திருத்தல் நிறுவனம்தபி தேசிய எண்ணெய் நிறுவனம்அமீரகங்கள் எஃகுஜநரல் வைத்திருத்தல் நிறுவனம்

Abu Dhabi s Arkan receives offer to combine with Senaat s Emirates Steel

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Abu dhabiArkan building materials companyCommodities authorityEmirates steel industriesSyndigate media incHolding corporation senaatGeneral holding corporationEmirates steelSyndigate mediaஆர்கன் கட்டிடம் பொருட்கள் நிறுவனம்பொருட்கள் அதிகாரம்அமீரகங்கள் எஃகு தொழில்கள்ஜநரல் வைத்திருத்தல் நிறுவனம்அமீரகங்கள் எஃகு

UAE: Emirates Steel, Arkan merger set to form country s largest steel, building material company

UAE: Emirates Steel, Arkan merger set to form country s largest steel, building material company Waheed Abbas/Dubai File photo Merged entity will have total assets worth Dh13 billion Abu Dhabi’s General Holding Corporation (Senaat), a subsidiary of ADQ, one of Abu Dhabi’s three sovereign wealth funds, has proposed to merge Emirates Steel Industries with Arkan, which seeks to create the UAE’s largest steel and building material company. The merged entity will have total assets worth Dh13 billion (b). At present, Senaat fully owns Emirates Steel and 51 per cent of Abu Dhabi-listed Arkan. Arkan said in a statement to Abu Dhabi Securities Exchange (ADX) that the key terms of Senaat’s offer are that Arkan would issue a convertible instrument to Senaat under the proposed merger deal that would automatically convert into approximately 5.1b ordinary shares in the capital of the company at Dh0.798 per share.

Abu dhabiAbuz abyUnited arab emiratesEmirates steel industriesAbu dhabi securities exchangeCommodities authorityHolding corporation senaatGeneral holding corporationEmirates steelAbu dhabi listedMiddle eastEmirates steelBuilding materialஒன்றுபட்டது அரபு அமீரகங்கள்அமீரகங்கள் எஃகு தொழில்கள்பொருட்கள் அதிகாரம்

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