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Article: BSF to Finance South Steel Project.
- Article from:
- Khaleej Times (Dubai, United Arab Emirates)
- Article date:
- February 8, 2009
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Summary: JEDDAH - The Banque Saudi Fransi (BSF) has signed a SR912.5 million deal to finance the South Steel Co. project, one of the largest steel projects in the Gulf region.
Jean Marion, BSF managing director; and Sulaiman Saleem Al-Harbi, chairman of Saudi Pan Kingdom Holding Co. (SPKH), signed the agreement at BSF headquarter in Riyadh on Tuesday.
The ceremony was attended by Abdulrahman Al-Jawa, BSFAEs deputy managing director; Mohammed Al Jedia, South Steel CompanyAEs managing director, and several senior bankers and SPKH executives.
The built-up area of the steel factory in Jizan Economic City will be 6,000 square metres out of a total ...