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Hadeed’s portfolio to hit Dhs1bn

Hadeed Emirates, an Abu Dhabi-based holding company which specialises in the manufacture and supply of metallic building materials, plans to double its portfolio this year from Dhs500m ($136m) to Dhs1bn, reported Gulf News. The company's plans include building a steel factory at the Mussafah industrial area. The company's projects also include the cargo terminal at Jebel Ali's Dubai World and the largest press in the world at the Abu Dhabi Media City.