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Al Tuwairqi puts $533m in steel
- Saudi Arabia: Tuesday, September 26 - 2006 at 10:02
Saudi-based Al Tuwairqi Group will establish four iron and steel factories in Pakistan, the UAE, Bahrain and Egypt within the next three years, at a cost of $533.3m, Arab News reported. The company said it will have a production capacity of more than 5m tons of product within ten years. Al Tuwairqi is also planning a public share float.
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James McInerney, News EditorTuesday, September 26 - 2006 at 10:02 UAE local time (GMT+4)
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This article was updated on Tue Oct 17 2006.
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