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FINANCIAL NEWS
UAE’s Danube H1 revenue in Bahrain operations up 31%
06 Sep 2011
(MENAFN) Danube Building Materials’ founder and chairman, Rizwan Sajan, said that in 2011’s first six months, the company’s revenue in its Bahrain operations surged 31 percent from last year’s same period, reported Gulf Daily News.
Sajan added that the firm planned to expand its business in the country through providing building materials to several projects that were set to launch with a cost that exceeded USD1.6 billion.
He also said that due to the strong government support in addition to the move towards economic recovery, from April to June, the firm managed to bounce back after its business fell 50 percent during the political unrest that hit the Kingdom early this year.
It is worth noting that that Bahrain’s construction sector will be projected to improve soon due to the emergence and the increase in the number of new projects across the Gulf country.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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