Key Takeaways Interest rate cuts and strategic partnerships are expected to boost revenue in the UAE, enhancing market share in real estate and retail sectors. Expansion in production capacity and local manufacturing initiatives are poised to improve margins amid competitive challenges in Saudi Arabia and European markets.Read more
R.A.K. Ceramics P.J.S.C. engages in manufacture and sale of various ceramic products in the Middle East, Europe, Asian countries, and internationally. The company operates through four segments: Ceramics Products, Faucets, Other Industrial, and Others. It manufactures and sells ceramic wall and floor tiles, gres porcellanato, and bath-ware and table ware; and taps and faucets. The company also manufactures and distributes power, paints, plastics, mines, and chemicals; and provides security, material movement, and real estate services. In addition, it engages in manufacturing, processing, importing, and exporting of industrial minerals; general trading activities; and manufacturing of pipes, as well as provides utility services. Further, the company undertakes construction projects and civil works; leases investment properties; trades in ceramic tiles, sanitary ware, and tableware; extracts, trades in, and exports clay and other minerals; and offers adhesive products. R.A.K. Ceramics P.J.S.C. was incorporated in 1989 and is headquartered in Ras al-Khaimah, the United Arab Emirates.
