Muscat: Oman’s Jazeera Steel Signs MoU with Emirates Steel Arkan
In a disclosure to Muscat Stock Exchange said: “The Company would like to disclose that on 12 July 2023 the Company signed a strategic Memorandum of Understanding (MoU) with Emirates Steel Arkan, the UAE’s largest steel and building materials manufacturer.
This MoU aims to establish a strategic framework for collaboration, utilising joint product expertise of both companies as well as exploring new opportunities in the steel business ecosystem. The MoU covers Jazeera Steel’s existing facilities in Sultanate of Oman as well as its Subsidiary Company in UAE.”
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