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TOSYALI SULB Orders DRI Plant to Midrex and SMS for Libya

Libya will soon become a major supplier of Direct Reduced Iron (DRI) in the Mediterranean region and beyond. To achieve this, a new DRI plant will be built in Benghazi area. The plant will be using MIDREX Flex® technology and TOSYALI SULB Steel Industries, a company formed by TOSYALI and Libya United Steel Company for […]

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Emaar Confirms Discussions with Adani Group for Stake Sale in Indian Operations

Emaar Properties, Dubai’s largest publicly listed real estate developer, confirmed Thursday that it is holding discussions with a number of Indian groups-which include Adani Group-as part of a deal to sell off a stake in its Indian operation. In its statement to the Dubai Financial Market, Emaar said negotiations are still in discussion; however, they […]

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