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18 Feb
14:13

Jazeera deliveries fall in 2020, foresees economic rebound

Gulf Cooperation Council economic growth should rebound thanks to “aggressive” vaccination rollout, while global economic recovery should boost oil prices and therefore GCC state spending, says Al Jazeera Steel. VAT implementation in Oman from the second quarter should boost the country’s long-term financial position. Oman-based re-roller Al Jazeera’s consolidated sales fell 9% on-year in 2020 to 369,635 tonnes, while production declined 8%…
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