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Arkan board considers factory closure

Arkan board considers factory closure
The company’s board will also decide on a date for the shareholders’ meeting (Photo Credit: Company Website)
Emirates Steel Arkan
ARKAN
-1.37% 1.44 -0.02

Abu Dhabi – Mubasher: Arkan Building Materials said the board will consider the permanent closure of Emirates Cement Factory, according to a bourse statement.

The board will approve financial statements for fiscal year 2016 and also decide on a date for the shareholders’ meeting.