Tuesday 4 August 2015
 
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Emsteel

Senaat to invest $1.36bn on industrial projects

Senaat, one of the UAE’s largest industrial holding companies, is planning to invest Dh5 billion ($1.36 billion) on further expanding its portfolio of industrial projects over the next two years. Over the past five years, Se

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Emsteel cuts banks, pricing as loan oversubscribed

Abu Dhabi's Emirates Steel has cut around half the banks who applied to fund its $1.3 billion loan and dropped the margin by around a fifth after the facility was heavily oversubscribed, banking sources said on Tuesday. The lo

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Emsteel cuts banks, pricing as loan oversubscribed

Abu Dhabi's Emirates Steel has cut around half the banks who applied to fund its $1.3 billion loan and dropped the margin by around a fifth after the facility was heavily oversubscribed, banking sources said on Tuesday. The lo

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