Metals

Emirates Steel Industries in US$1.1bn finance deal

Emirates_Steel_financial_deal1

Al Khalij commercial Bank (Al Khaliji) Q.S.C and its subsidiary, Al Khaliji France S.A have announced their participation in a US$1.1bn, seven-year financing deal for Abu Dhabi's Emirates Steel Industries (ESI).

Hits: 4353

Read more ...

Cable manufacturing plant earmarked for Libya

El_Sewedy_Cables1

Egyptian group, El Sewedy Cables, has reportedly revealed it is due to set up a US$50m cable manufacturing plant in Libya by the end of 2011.

Hits: 3933

Read more ...

Investing in aluminium

Aluminium_TRME
The region's oil producers are set to pump nearly US$22 billion into new aluminium projects and expansion of existing smelters in the next five years as part of an ongoing industrial drive to move away from reliance on oil exports, reports Emirates 24/7.

Hits: 4012

Read more ...

Emirates Steel agrees project financing and increases production

emirates-steel.co_trme
Emirates Steel, the largest integrated steel producer in the UAE and a strategic steel player in the Middle East steel industry, recently signed a US$1.1bn, seven-year project financing agreement with a consortium of seven conventional banks and two Islamic finance institutions.

Hits: 3936

Read more ...

Egypt to build 12 new steel mills

Egypt to build 12 new steel mills

Egypt's Ministry of Trade and Industry has announced it will offer 12 new steel mill licenses to meet rapidly increasing demand and to stave off an expected shortage by 2017.
The deadlines for the launch of the factory building licenses will be finalised by the beginning of next month, the ministry has said.

Hits: 4853

Read more ...

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

twn Are you sure that you want to switch to desktop version?