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29 Jan
00:00

Oman's Al Jazeera Steel boosts sales 8% in 2014

Omani merchant bar and welded pipe producer Al Jazeera Steel increased sales 8% year-on-year in 2014 to OMR 95.3 million ($242.34m) and net profit by 14% to OMR 5.21m, Kallanish learns from the company. The firm said last month it plans to take cost control measures to reduce the effect of Oman’s natural gas price hike from 1 January (see Kallanish 4 December). Public Establishment for Industrial Estate, the operator of Sohar Industrial Estate where Ja…
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