Friday 29 March 2024
 
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steel pipes

Senaat, Japanese firms in $300m pipes venture

Abu Dhabi's General Holding Corp (Senaat) and a Japanese consortium are jointly investing Dh1.1 billion ($300 million) in a steel pipe manufacturing facility, seeking to meet demand in the Middle East's energy and construction sector.

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Senaat, Japanese firms in $300m pipes venture

Abu Dhabi's General Holding Corp (Senaat) and a Japanese consortium are jointly investing Dh1.1 billion ($300 million) in a steel pipe manufacturing facility, seeking to meet demand in the Middle East's energy and construction sector.

More…

Apollo to invest $500m in India's Welspun

Private equity fund Apollo Global Management will invest $500 million in Indian steel pipe manufacturer Welspun group, marking the second biggest PE investment in India this year as firms take advantage of the rapid growth in Asia's third larg

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