Business
Arab Basalt Fiber Company Appoints Dr. Hoshiar Yossif Molod as New CEO
Arab Basalt Fiber Company (ABFC), a leading UAE producer of Basalt Fiber Reinforced Polymer (BFRP) rebars and a subsidiary of the Arab Mining Company – Fujairah, has named Dr. Hoshiar Yossif Molod as its new Chief Executive Officer. Dr. Molod, who brings over 25 years of leadership experience in manufacturing, planning, and management, takes on the role to spearhead the company's strategic vision and operations.
His Excellency Eng. Mohammed bin Ahmed bin Abdulaziz Al Shehhi, Chairman of the Arab Mining Company – Fujairah, praised the appointment, highlighting it as a testament to the company’s dedication to attracting top international talent to further develop this innovative and environmentally sustainable industry. Dr. Molod expressed his commitment to driving the company's growth locally and globally while maintaining the highest standards of quality and sustainability.
ABFC is the first of its kind in the MENA region, positioning itself as one of the largest global producers of BFRP rebar, an environmentally friendly construction material.