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Tag Archives: steel manufacture

Emirates Steel hires BNP Paribas to coordinate $400m loan

Emirates Steel, the largest steel producer in the UAE, has hired BNP Paribas to coordinate a $400 million (Dh1.47 billion) loan financing, sources familiar with the matter said. The company, owned by Abu Dhabi’s Senaat, a state-owned investor in the emirate’s industrial sector, will use the loan proceeds to refinance …

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