Gulf Stainless Steel to increase capital
According to recent news in the market, Kuwait's Gulf Stainless Steel plant is planning to raise its capital, which is currently KD 1.25 million ($4.2 million). CEO of Gulf Stainless Steel stated that raising the capital will be materialized through introducing new partners whether local or foreign who have experience in stainless steel business. Moreover, it is stated that apart from the capital, the company also plans to increase its capacity due to rising demand.Gulf Stainless Steel to increase capital
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