KARACHI (APP) - Dr. Hilal Hussain Al-Tuwairqi, Chairman Al-Tuwairqi Holding (ATH) and the elected Chairman of Arab Iron & Steel Union (AISU) received Best GCC Industrial Development Company award on behalf of Al Tuwairqi Holding Company. It is for the astounding achievements of ATH in the current year. The award has been given by the World Finance Awards 2011, in a ceremony held in London recently. It is to be noted that Al-Tuwairqi Holdings growth has now gone beyond the boundaries of Saudi Arabia and encompasses areas of the Middle East, South Asia and Europe. Al-Tuwairqi Holding is ranked 26th among the top hundred companies of the Kingdom of Saudi Arabia with the rating of the second fastest growing entity. ATH is also engaged in establishing a state-of-the-art integrated steel manufacturing complex in Pakistan, namely Tuwairqi Steel Mills Limited (TSML) at Port Qasim, Karachi. The plant, currently under construction, employs cutting-edge Direct Reduced Iron (DRI) technology from the Kobe Steel of Japan with a designed capacity to produce 1.28 million tons of high-quality DRI. Mr. Zaigham Adil Rizvi, Director (Projects), TSML congratulated Dr. Hilal Hussain Al Tuwairqi and the entire team of Al-Tuwairqi in Saudi Arabia on this achievement and reiterated an all out assistance and unequivocal commitment of the entire team of TSML in establishing the steel complex in Pakistan along with its backward and forward integration, within the time frame envisioned.