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‘A steel factory is the backbone of an economy’

The employees of Saudi Steel Profile company in Jeddah. Having a steel factory in the country is not just beneficial for Saudi Arabia but also necessary for the economy’s welfare. Without steel you cannot build infrastructure or help in the development of a country. So important is this commodity, that most steel mills around the world were established by governments, said Mohammed H. Zakaria, the CEO and General Manager of the Saudi Steel Profil...

Saudi-Pakistan relations

By MOHAMED H. ZAKARIA, published in Arab News - July 20th, 2011 THE Kingdom of Saudi Arabia, the largest country on the Arabian Peninsula, and Pakistan, the second largest Muslim state after Indonesia, the world’s two leading Islamic countries, enjoy excellent relations. Saudi Arabia has always served as the solid foundation for eternal, unflinching and pure bondage of brotherhood and Pakistan is proud of its strong ties with the Kingdom. Saudi Arab...

Pakistan, a land of lost opportunities

By MOHAMED H. ZAKARIA, published in Arab News - Aug 1st, 2011 We are fighting a war on terror; this has been the slogan of successive Pakistani leaders since Gen. Zia-ul-Haq dragged Pakistan into the Afghan war against the Russians. The present Pakistani government is using the same slogan despite the fact that the world knows the reality of the war on terror. If fighting a few thugs warrants such massive preparations and operations that have taken a h...

Global financial system needs a major shake-up

By MOHAMED H. ZAKARIA Published in Arab News: Aug 14, 2011 23:37 The sinking US dollar and the euro crisis are threatening the world financial system. The US Federal Reserve’s recent decision to keep dollar interest rates near to zero at least for two more years was an unprecedented step, according to some economists. It is also being suggested that the US might be starting to look eerily like Japan — entering into long-term recession. The Japanese ...

Zakaria: Projects boom fueling steel demand

KHALIL HANWARE | ARAB NEWS STAFF Monday 1 October 2012 Last Update 5 October 2012 9:39 pm Saudi Arabia is on the way to maintain its position as the leading projects market in the region, with more than $ 58 billion worth of contracts already awarded in 2011, according to Mohamed H. Zakaria, CEO and general manager of Saudi Steel Profile Company. “Obviously, the current boom for project development continues to be a combination of high oil...
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