Company Insights RAK Ceramics Manufacturing RAK Ceramics Overview RAK Ceramics was founded in 1989 in the UAE. It specialises in ceramic and gres porcelain walls and floor tiles, sanitary ware, taps and tableware. The company operates in more than 150 countries and has 23 plants across the UAE, India, Bangladesh and Europe. As of 2010, it was the world’s largest ceramics manufacturer. RAK has supplied tiles for projects including Wembley Stadium (London), Ferrari World (Abu Dhabi), The O2 Arena (London) and Atlantis, The Palm (Dubai). The company says its focus is on sustainability and innovation. In February 2023, it invested $14 million to upgrade sanitary-ware production for energy savings and reduced carbon emissions. In 2021 RAK Ceramics collaborated with fashion designer Ellie Saab to launch luxury bathroom collections. RAK Ceramics News Construction Modon to build industrial zone near Egypt’s Ras El Hekma A joint venture between Abu Dhabi-listed Modon Holding and Egypt’s Elsewedy Industrial Development is planning to build a new industrial zone near the $35-billion Ras El Hekma megaproject. The two companies have signed a letter of intent for the project, state-run news agency Wam reported. The 10 million sq m new industrial zone, located south […] March 28, 2025 Manufacturing Gulf ceramics makers poised for 2025 rebound Following a turbulent 2024, the Gulf’s listed ceramics makers should perform better this year thanks to lower customs duties, rising demand for their products and fewer Red Sea shipping disruptions. For equity investors, Oman’s Al Anwar Ceramic Tiles and the UAE’s RAK Ceramics provide a play on the Gulf’s rising population and mega infrastructure spending, […] January 30, 2025 Manufacturing Weaker demand pushes profit down at RAK Ceramics RAK Ceramics, one of the world’s largest producers of ceramic products from tableware to sanitation, has reported a 29 percent drop in third-quarter net profit, caused by weaker demand and supply chain disruptions. Net profit attributable to the owners of the company, based in Ras al Khaimah in the UAE, for the three months to […] November 13, 2024 Logistics Gulf turns to trucking to bypass Red Sea unrest The Gulf trucking industry is preparing for a surge in business as companies seek alternatives to shipping goods while Red Sea risks persist. Trukker, a UAE-based app that is touted as the Middle East’s Uber for land freight, told AGBI that enquiries from clients interested in using its truck booking and other freight forwarding services […] February 8, 2024 Analysis Banking and Finance Mid-cap stocks offer best dividend yields in Gulf Dividend-seeking Gulf investors are likely to find little value among the region’s blue-chip stocks and should instead target mid-cap companies with steady cash flows and low debt, experts suggest. When interest rates hovered near zero and average dividend yields on GCC stocks were around 4 percent, the difference with the risk-free rate – the return […] June 2, 2023 Analysis Manufacturing Heavy metal and fine porcelain boost Ras Al Khaimah economy Ras Al Khaimah has been making up for its limited hydrocarbons sector by developing non-oil businesses such as quarrying, cement, ceramics and pharmaceuticals. Today RAK’s manufacturing, wholesale and retail trade, along with its construction/real estate activities amount to about 50 percent of GDP. The direct contribution of the mining and quarrying sector is currently only […] February 8, 2023 Posts navigation
Construction Modon to build industrial zone near Egypt’s Ras El Hekma A joint venture between Abu Dhabi-listed Modon Holding and Egypt’s Elsewedy Industrial Development is planning to build a new industrial zone near the $35-billion Ras El Hekma megaproject. The two companies have signed a letter of intent for the project, state-run news agency Wam reported. The 10 million sq m new industrial zone, located south […] March 28, 2025
Manufacturing Gulf ceramics makers poised for 2025 rebound Following a turbulent 2024, the Gulf’s listed ceramics makers should perform better this year thanks to lower customs duties, rising demand for their products and fewer Red Sea shipping disruptions. For equity investors, Oman’s Al Anwar Ceramic Tiles and the UAE’s RAK Ceramics provide a play on the Gulf’s rising population and mega infrastructure spending, […] January 30, 2025
Manufacturing Weaker demand pushes profit down at RAK Ceramics RAK Ceramics, one of the world’s largest producers of ceramic products from tableware to sanitation, has reported a 29 percent drop in third-quarter net profit, caused by weaker demand and supply chain disruptions. Net profit attributable to the owners of the company, based in Ras al Khaimah in the UAE, for the three months to […] November 13, 2024
Logistics Gulf turns to trucking to bypass Red Sea unrest The Gulf trucking industry is preparing for a surge in business as companies seek alternatives to shipping goods while Red Sea risks persist. Trukker, a UAE-based app that is touted as the Middle East’s Uber for land freight, told AGBI that enquiries from clients interested in using its truck booking and other freight forwarding services […] February 8, 2024
Analysis Banking and Finance Mid-cap stocks offer best dividend yields in Gulf Dividend-seeking Gulf investors are likely to find little value among the region’s blue-chip stocks and should instead target mid-cap companies with steady cash flows and low debt, experts suggest. When interest rates hovered near zero and average dividend yields on GCC stocks were around 4 percent, the difference with the risk-free rate – the return […] June 2, 2023
Analysis Manufacturing Heavy metal and fine porcelain boost Ras Al Khaimah economy Ras Al Khaimah has been making up for its limited hydrocarbons sector by developing non-oil businesses such as quarrying, cement, ceramics and pharmaceuticals. Today RAK’s manufacturing, wholesale and retail trade, along with its construction/real estate activities amount to about 50 percent of GDP. The direct contribution of the mining and quarrying sector is currently only […] February 8, 2023
