28 February، 2023 - Arab Iron and Steel Union

Accelerate the development of the railway network between the Emirates and Oman

Oman and Etihad Rail Company, the developer and operator of the railway network linking the Sultanate of Oman and the UAE, and Mubadala Investment Company (Mubadala) signed a cooperation agreement to develop the railway network linking Oman and the UAE, which extends over a distance of 303 km, with a total investment value of $3 …

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Egypt National Steel profits rise by 133% in 2022

News / By user

The financial statements of Misr National Steel Company – Ataqa- revealed an increase in profits by 133.69% on an annual basis. The company stated to the Egyptian Stock Exchange today that it recorded a net profit of EGP 234.72 million in 2022, compared to earnings of EGP 100.44 million in 2021. The company’s sales rose …

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2023 Year Between the Economic Recession and the Limited growth of the steel industry

Editorial / By user

Expectations about the state of the global economy in 2023 varied between slowdown and stagnation, but everyone agreed that 2023 will be a difficult year as a result of the slowdown in the main economies, namely the United States, the European Union and China, and the International Monetary Fund reduced its forecast for the global …

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Saudi Arabia: 16.5 billion riyals of “SABIC” profits in 2022

News / By user

Saudi Basic Industries Company (SABIC) announced the financial results for the fiscal year ending on December 31, 2022. As it recorded profits amounting to 16.5 billion riyals, compared to 23.07 billion riyals for the fiscal year 2021, a decrease of 28.4 per cent. The decrease in net profit during this year compared to the previous …

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February 28, 2023

Accelerate the development of the railway network between the Emirates and Oman

Egypt National Steel profits rise by 133% in 2022

2023 Year Between the Economic Recession and the Limited growth of the steel industry

Saudi Arabia: 16.5 billion riyals of “SABIC” profits in 2022

Arab Iron and Steel Union

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92 Members

28 Board of Directors

17 Country

300.000 Employees

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