Saudi Basic Industries Corp said on Sunday it had agreed to sell subsidiary Saudi Iron and Steel Company (Hadeed) to the Public Investment Fund (PIF) for an enterprise value of 12.5 billion riyals ($3 ...

PIF buys Saudi steel firm as it looks to boost industrial sector in the Kingdom Saudi Arabia’s Public Investment Fund (PIF) has announced the signing of a share purchase agreement to acquire a 100% ...

Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef stated that the Public Investment Fund’s (PIF) takeover of Saudi Iron & Steel Co. (Hadeed) is a key step for the future of the ...

26 January 2005 DUBAI -- Hadeed (Saudi Iron and Steel Company) has signed a contract with the Italian Danieli and the Saudi Dywidag Ltd. to supply and set up a new plant for the production of steel ...

RIYADH — In a significant development for the Saudi Arabian steel industry, the Public Investment Fund (PIF) has announced the signing of a share purchase agreement to acquire a 100% shareholding in ...

Dubai, UAE - 11 January 2005: Hadeed has signed a contract with the Italian Danieli and the Saudi Dywidag Ltd. to supply and set up a new plant for the production of steel reinforcing bars and wire ...

The National Shipping Company of Saudi Arabia (Bahri) and the Saudi Iron & Steel Company (Hadeed) have signed a Letter of Intent (LOI) to explore potential cooperation in maritime transport to meet ...