• 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

Foulath’s market leading position is supported and bolstered by the strength of its shareholders. The Company’s shareholders are among the region’s most reputable and committed investors, each with a long track record of investment in the regional steel industry and other key economic sectors.

Foulath’s shareholders are Gulf Investment Corporation G.S.C, Kuwait, which is the Company’s 50% shareholder and is owned equally by the six governments of the GCC. They also include Qatar Steel Company (Q.S.C.), Qatar, Gulf Cables & Electrical Industries Co. K.S.C., Kuwait, National Industries Group Holding S.A.K., Kuwait and Kuwait Foundry Co. S.A.K., Kuwait.

1. Gulf Investment Corporation G.S.C.

2. Qatar Steel Company (Q.S.C.)

3. Gulf Cables & Electrical Industries Co. K.S.C.

4. National Industries Group Holding S.A.K.
5. Kuwait Foundry Co. S.A.K.