UAE offers further support to Bahrain economy via $2bn steel deal

Issue 1184 - 23 Jan 2024 | 1 minute read

A five-year contract for Bahrain Steel to supply Emirates Steel Arkan with iron ore pellets appears to be motivated by both commercial and geopolitical considerations, with the Abu Dhabi government-owned steel-maker saying it was designed to “strengthen economic ties within the GCC”.

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