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FINANCIAL NEWS
UAE’s RAK Maritime City, India’s Zuari in USD800m deal
19 Nov 2012
(MENAFN) India’s Zuari Agro Chemicals’ Limited managing director, Suresh Krishnan, announced that his company signed an USD800 million agreement with Ras Al Khaimah (RAK) Maritime City to build a fertilizer manufacturing plant, reported Arabian Business.
Krishnan said that the diammonium phosphate (DAP) manufacturing plant would be located in RAK Maritime City.
The facility would comprise a power plant, private jetty, in addition to a desalination plant.
The plant, which would be established over 400 acres of land in the free zone, will be a single stream granulation plant with a production capacity of 1 million tons of DAP a year.
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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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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