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- Saudi Awwal Bank launches a world class Innovation Centre to provide financial services
- Indian rupee firms up again - UAE, Saudi Arabia's NRIs delay money transfers
- Dubai's Tecom Group turns in another profit gain in Q1-2025
- BNY gets license for Saudi regional HQ as global banks grow presence
- Closing Bell: Saudi main index closes in red at 11,543
- TotalEnergies, OQEP break ground at Marsa LNG
- Riyadh Air enters key deals covering 125 countries
- 3 contracts signed for $1.6bn Marsa LNG Project in Sohar
- GIS reports net profit of QR222m in Q1, reflecting 38% year-on-year growth
- QAMCO posts record net profit of QR156m
12/05/2012 07:55 AST
British Consul General Mohamed Shokat recently visited Saudi Steel plants at Jeddah industrial estate phase 4 at the invitation of Mohamed H. Zakaria, CEO of Saudi Steel and senior vice president of Ahmed Salem Bugshan Group.
The diplomat acknowledged Zakaria's hosting of several UK diplomats stationed in Jeddah since early 1980s at different plants that he managed.
Mohamed Shokat was given a detailed power point presentation about Ahmed Salem Bugshan Group and Saudi Steel - a leading steel manufacturer in the region that included comprehensive market data on global and regional steel and soft drinks industry.
The diplomat showed keen interest in Saudi Steel's successful Saudization program.
Shokat was also briefed about financing of several projects by British banks to the tune of US $ 100 million while negotiations for another US $ 50 million financing is in final stage.
Arab News
04/02/2014
Saudi Steel has signed a memorandum of understanding (MoU) with OTO Mills, Italy to purchase a new tube mill line with an option to buy two more lines. The total deal is worth 8 million euros and is
Saudi Gazette
26/03/2010
Saudi Steel Profile Co., a leading steel manufacturer in Saudi Arabia, has achieved record production capacity utilization by manufacturing 143,815 tons of hot rolled sheets and pipes/tubes at its SS
Arab News
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02/05/2025
Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia, announced the inauguration of its Innovation Centre on Thursday, May 1. The facility is designed to inspire and accele
Saudi Gazette
02/05/2025
Dubai's Tecom Group has come up with net profits of Dh360.8 million for the January to March 2025 period, and quite a healthy gain on the Dh292.5 million from the year ago status.
The compan
Gulfnews
02/05/2025
Gulf International Services reported a net profit of QR222m for the three-month period ended 31 March 2025, with an earnings per share of QR 0.119.
The Group reported strong revenue growth f
The Peninsula
02/05/2025
Qatar Aluminum Manufacturing Company (QAMCO), a 50% joint venture partner in Qatar Aluminum Company (Qatalum), reported a net profit of QR156m for the three-month period ended 31 March 2025, with an
The Peninsula
01/05/2025
Beyon announced its financial results for the first quarter of 2025.
Beyon reported net profit attributable to equity holders of BHD 18.1M (US$ 48.0M) for Q1 2025, a 4% decrease from BHD 18
BNA
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia