• Bahrain Steel
    Bahrain Steel: Established in 1984, Bahrain Steel, wholly owned by Foulath, is a leading producer of iron-ore pellets used in the production of steel. It operates two pelletizing plants in the Kingdom of Bahrain with a total capacity of 12 million tons per year. It is the largest DR merchant pelletizing producer in the world and the only one located in the Middle East.
  • SULB
    SULB Company B.S.C.:
    In 2009, Foulath formed SULB as a joint venture with the Japanese steel industry Yamato Kogyo and opened its DRI and heavy steel production plant in Bahrain. It acquired a light-to-medium rolling mill in Jubail, which became SULB Saudi Arabia. The two parts of SULB meet the region’s needs for steel sections, with exports made further afield. It is the Middle East region's first fully integrated medium and heavy beams and structural steel sections producer.
  • Foulath Infotech
    Foulath Infotech: In 2019, Bahrain Steel and its sister companies from the Foulath Group engaged in an all-out commitment to a state-of-the-art digitalization transformation programme. Welcome to the start of a new era. Welcome to Foulath 4.0

Philosophy: Foulath primarily invests in steel and related investment projects and assets in the GCC and MENA region. Foulath also invests internationally in projects and assets that support its primary aim of supporting the further development of the region’s steel industry and enhancing the stability and security of its supply to regional markets.

Strategic investments are made to further enhance the value proposition of the Company and to diversify its operations in accordance with its mission to be the world’s leading fully integrated steel provider.

Partnerships: Foulath’s strategy is to work with leading industrial companies and investors that add value for the Company and its investee businesses. As a result of this partnering philosophy, Foulath offers attractive co-investment opportunities to world-class investors and steel companies in the high growth Middle East markets. The Company’s strategic partnerships also ensure that knowledge and skills transfer from leading market players is facilitated into the region supporting the Middle East’s drive for diversification and further development of the industrial base.