Arkan and Emirates Steel merge to form UAE's biggest steel company
ADQ-backed Senaat now potentially own 87.5% of share capital of combined entity
ZAWYA - 06-Oct-2021
General Holding Corporation PJSC (SENAAT)
Also known as: Senaat Last updated on: 25 November 2020
fast facts
Country of IncorporationUAEEstablished In2004Primary SectorFinancial ServicesContact details
Primary address
Building: Tower 3Street: Corniche W Street
Floor: 41st Floor
Area: Etihad Towers Area
P.O. Box: 7063
Country: UAE
City: Abu Dhabi
Region
Abu DhabiCONTACT
- Email: info@senaat.co
- www.senaat.co
Related news
acquisition
MoreArkan shareholders vote in favour of strategic combination with Emirates Steel
Arkan shareholders approved the Board's proposal for the strategic combination of Arkan and Emirates Steel at a General Assembly
Press Release - 09-Aug-2021Arkan's Board of Directors approves Emirates Steel transaction
Arkan's Board recommends to shareholders an offer to acquire Emirates Steel from ADQ's Senaat
Press Release - 24-Jun-2021Arkan appoints independent valuer and legal advisors to review offer to form a strategic combination with Emirates Steel
The key terms of Senaat's offer are to transfer Emirates Steel to Arkan in consideration of the issuance by Arkan to Senaat of a convertible instrument
Press Release - 15-Jun-2021Agthia completes transaction with Al Foah to create Top 10 F&B company in the region
Agthia is now domestic champion in four essential F&B categories
Press Release - 07-Jan-2021Similar Companies
Find Out More Information
Access the most comprehensive database of companies and officers in the Middle East and North Africa, covering all major sectors and industries, from Refinitiv.
Company information provided by Refinitiv
Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
Top News
Most Read
Find Companies
Zawya Coverage
The UAE is always number 1: Sheikh Mohammed
Crypto platform Rain secures in-principle approval for FSP from UAE's ADGB
Abu Dhabi Ports to set up oil & gas logistics base at Mugharraq for Eni
Dubai financial tribunal bans former La Tresorerie director, slaps $175,000 fine
Kuwait parliament to take up capital hike plan for KCB
Reuters Coverage
Sudan security forces fire tear gas on protesters
Egypt approves Merck COVID-19 pill, says to be produced locally
Italy's presidential vote begins with Draghi's future in balance
Washington, D.C. sues Google over location tracking practices
Haiti hit by 5.3 magnitude quake, panicked residents flood streets
