Tuesday 13 October 2015
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


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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