Emirates Steel Arkan announces $555 mln revenue in Q1

Emirates Steel Arkan reported revenues of 2.04 billion dirhams ($555.3 million) for the first three months of 2022, compared with 233.5 million dirhams in January-March 2021, the group said on Monday May 9.

Emirates Steel Arkan is the interim brand for the company formed by the merger of Emirates Steel and Arkan Group in October 2021.

“The robust earnings reflect the positive effect...


Serife Durmus

May 10, 2022

19:28 GMT