Middle East Economic Survey
VOL. XLVIII
No 37
12-September-2005
UAE
Al-Tuwairqi Group To Establish Steel Mill In Sharjahs Hamriyah Free Zone
Saudi Arabias Al-Tuwairqi Group has finalized plans to invest $820mn in a steel-making facility in Sharjahs Hamriyah Free Zone, Arab News reported on 4 September. The first phase of the plan will involve the construction of a 1mn tons/year steel mill to help satisfy booming UAE steel demand, now running at 2.5mn t/y. Additional units will include automatic...
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