{"id":137733,"date":"2023-06-20T20:45:19","date_gmt":"2023-06-20T13:45:19","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emirates-steel-arkan-to-demerge-steel-and-building-material-businesses\/"},"modified":"2023-06-23T05:55:10","modified_gmt":"2023-06-22T22:55:10","slug":"emirates-steel-arkan-to-demerge-steel-and-building-material-businesses","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emirates-steel-arkan-to-demerge-steel-and-building-material-businesses\/","title":{"rendered":"Emirates Steel Arkan to demerge steel and building material businesses"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2023\/06\/Emirates-Steel-Arkan-1000x667-1.jpg?fit=1000%2C667&amp;ssl=1\" width=\"1000\" height=\"667\">&#013;<br \/>\nThe new units will be supported by centralised finance, human capital, technology, strategy &amp; transformation and a new projects function&#013;<br \/>\n&#013;<br \/>\nSource : arabianbusiness.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.arabianbusiness.com\/industries\/emirates-steel-arkan-to-demerge-steel-and-building-material-businesses\" target=\"_blank\" rel=\"noopener\">Emirates Steel Arkan to demerge steel and building material businesses<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The new units will be supported by centralised finance, human capital, technology, strategy &amp; transformation&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":137734,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-137733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2023\/06\/Emirates-Steel-Arkan-1000x667-1.jpg?fit=1000%2C667&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-zPv","jetpack-related-posts":[{"id":81191,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gkn-to-demerge-aerospace-and-automotive-arms-next-year\/","url_meta":{"origin":137733,"position":0},"title":"GKN to demerge aerospace and automotive arms next year","date":"February 27, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...GKN to demerge aerospace and automotive arms next year","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48968,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arkan-closes-emirates-cement-factory-one-of-uaes-oldest-plants\/","url_meta":{"origin":137733,"position":1},"title":"Arkan closes Emirates Cement Factory, one of UAE&#039;s oldest plants","date":"March 21, 2017","format":false,"excerpt":"\r Rising power costs have forced the closure of one of the country's oldest cement plants as subsidy reforms start to bite. Arkan announced in December that it would take a series of measures to combat higher gas and electricity prices that were introduced on January 1 this year.These included\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49016,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/inflation-heats-up-in-building-sector-as-energy-prices-rise\/","url_meta":{"origin":137733,"position":2},"title":"Inflation heats up in building sector as energy prices rise","date":"March 21, 2017","format":false,"excerpt":"\r Rising energy costs across the region are already affecting local manufacturers and could lead to more inflation in the building sector.Bob Flanagan, the UAE managing director of project management and cost consultancy services at Colliers, has said that rising energy prices are feeding into increased input costs for a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44111,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arkan-building-materials-annual-profit-declines-25\/","url_meta":{"origin":137733,"position":3},"title":"Arkan Building Materials annual profit declines 25%","date":"February 14, 2017","format":false,"excerpt":"\r Abu Dhabi-based Arkan Building Materials reported a 25 per cent drop in full-year profit as market pressure on prices also drove down revenues.Net profit fell to Dh75.7 million compared to the previous year's Dh101.1m because of damage from the heavy rainstorm that hit the UAE last March.Pressure on market\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106436,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/saudi-construction-giant-dar-al-arkan-to-redeem-400m-sukuk\/","url_meta":{"origin":137733,"position":4},"title":"Saudi construction giant Dar Al Arkan to redeem $400m sukuk","date":"April 22, 2019","format":false,"excerpt":"\r Dar Al Arkan Real Estate Development Company says to pay sukuk out of its internal cash reserves\r \r Source : arabianbusiness.com\r Read more...Saudi construction giant Dar Al Arkan to redeem 0m sukuk","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53331,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/higher-prices-for-energy-weigh-on-abu-dhabis-arkan\/","url_meta":{"origin":137733,"position":5},"title":"Higher prices for energy weigh on Abu Dhabi&#039;s Arkan","date":"May 1, 2017","format":false,"excerpt":"\r Abu Dhabi's Arkan Building Materials reported a decline in profit of more than 65 per cent in the first quarter, weighed down by higher energy prices.Net profit fell to Dh10.59 million in the first three months of this year compared to Dh30.73m in the same period a year earlier.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137733"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=137733"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/137734"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}