Middle-east Arab News Opinion | Asharq Al-awsat

Riyadh Bank Finances SABIC Project - ASHARQ AL-AWSAT English Archive
Select Page

Riyadh- The Saudi Company for Iron and Steel signed a SR937 million agreement with Riyadh Bank for seven years to finance part of the company expansion project, Al-Eqtisadiah reported.

The steel company began the current expansion last year after finished detail analysis study for the market.

It is expected that the production capacity would increase from 25 million tons to 30 million tons.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

More Posts

Follow Me:
FacebookGoogle PlusYouTube