Friday 18 April 2014
 
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Rajhi Steel

Rajhi Steel to build $4 billion steel complex

Saudi-based Rajhi Steel plans to set up a 15 billion riyals ($4.0 billion) heavy steel complex in King Abdullah Economic City (KAEC) and will get dry gas from Aramco, the state news agency said on Monday.  The firm will later offer 50

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Saudi Fransi in $720m steel expansion deal

Mohamed Abdulaziz Al-Rajhi & Sons Industry Holding, a privately owned holding, will sign an agreement with Banque Saudi Fransi for a SR2.7 billion ($720 million) financing for the expansion of its steel operations. The holding company

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