Industries Qatar’s steel unit plans to invest in a new plant in Algeria that will start operating after 2016, according to a five-year plan released by IQ yesterday.
Qatar Steel International is seeking a 25% stake in the Algerian venture and has earmarked QR1.5bn ($410mn) for foreign investment, as per the plan. The plant will have a capacity of 4.8mn tonnes a year, according to a Bloomberg report.
National Bank of Bahrain’s Ratings Affirmed
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“The Roadshow was successfully launched recently in Nizwa and will c
Standard Chartered’s Titanium MasterCard Credit Card wins Award
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du makes data more affordable with new Daily Data Bundle
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