Expanding in a $171 Billion market
Madar Building Materials Expands in the UAE
Madar Building Materials Co., a subsidiary of Al Fozan Group, opened two new branches in its expansion strategy in the United Arab Emirates. The new branches are located in the cities of Al Ain and Al Sharjah, complemnting its exisiting outlets in Dubai and Abu Dhabi; thus, increasing the total number of branches in the UAE to 4 to accomidate the increasing demand on building materials in the country.
Madar's Chairman of the Board, Mr. Khalid Al Fozan, announced that this expansion is part of the company's growth policy that is essintial to its development and strategy in the region. Adding that Madar's presence will increase to fulfill the demand in GCC countries, Jordan, and Sudan.
Mr. Al Fozan added that Madar's steel factory in Dubai aims to shorten the time and effort for projects' developers in the city by allowing them to source custom designed rebar (reinforcing bars) on demand.