Middle East Economic Survey

VOL. LIV

No 22

30-May-2011

SAUDI ARABIA

Rajhi Steel And Emaar Economic City Agree KAEC Steel Complex Deal

Emaar Economic City (ECC) the consortium behind the King 'Abd Allah Economic City (KAEC) project announced on 24 May that it was to lease approximately 400 hectares of land to the Riyadh-based Rajhi Steel Company for the development of a steel manufacturing complex in the Industrial Valley area of the multi-use mega venture. This comes approximately one...