Saudi Arabia on course to produce green iron arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
Steel is set to be forged for Saudi Arabia’s sovereign wealth fund PIF following the acquisition of Saudi Basic Industries Corp.’s metals business, Saudi Iron & Steel Company, for US$ 3.3 billion. PIF has been acquiring in the steel industry. Base metals investments “Will bring together PIF’s financial capabilities and industry experience . . .…
(Page 1) SABIC (Riyadh, Saudi Arabia) has announced that the Public Investment Fund (PIF) signed a share purchase agreement to acquire a 100% shareholding in the