Qatar Steel and Bahrain Steel have announced a $1.266 billion deal [1] to enhance industrial cooperation and strengthen the steel industry in the region. The agreement, which covers the supply of 5 million metric tons of raw materials over five years, was revealed at a joint press conference held in Doha. The deal is part […]
The Gulf Cooperation Council (GCC) region is witnessing a surge in electricity investment, driven by ambitious renewable energy targets, according to a recent report by Fitch Ratings [1]. The report highlights that the growth in investment is primarily supported by the GCC’s commitment to increasing the share of renewable energy and improving the efficiency of […]
The company is to set up the pellet and DRI plants India’s Larsen & Toubro (L&T) said its minerals & metals (M&M) business vertical had received an order to set up a pellet plant and a direct reduction of iron (DRI) plant in the Middle East & North Africa (MENA) region. The GCC order is a […]
The Middle East and North Africa (MENA) region is projected to attract over $1 trillion [1]in renewable energy investments by 2030, according to Mark Thomas, Group CEO of Bapco Energies. This announcement was made during the third edition of the Sustainability Forum Middle East, held in Bahrain. The forum, which drew over 400 regional and international decision-makers, […]
