Middle East Economic Survey


No 4



Al Ghaith Holding Plans Steel Mill At Omans Sohar Industrial Port

Omani government officials and executives from Abu Dhabis Al Ghaith Holding on 17 January signed a series of agreements that provide for the construction of a $750mn steel mill at the Sohar Industrial Port. Phase one of the project which will be called Shadeed Iron and Steel LLC will require an investment of $350mn and be operational in the first quarter of 2007...