Ezz Steel to buy 18% of Egyptian Steel for EGP 2.5bn
The company said in a statement to the Egyptian Exchange on Sunday, that the total value of the purchase amounted to EGP 2.5bn, and it will be paid from the company’s resources.
Latest in Tag: Egyptian Steel Highlight
Latest in Tag: Egyptian Steel
Ministry of International Cooperation signs an agreement with Egyptian Steel, Orman to develop villages
Minister of International Cooperation Sahar Nasr signed an agreement with Ahmed Abou Hashima, head of Egyptian Steel, and Hossam El-Kabany, head of Orman charity association, to develop villages around Egypt. Nasr said that the agreement represents the true cooperation between the government, private sector, and civil society organisations. She stated that establishing sustainable development cannot …
Suez Canal ceremony expenses collected: Canal Authority official
Donations ranged between $250,000 and $1m, the official noted
Reducing energy subsidies is ‘good’ but may raise prices: Egyptian Steel chairman
Investors welcome the move to reduce energy subsidies, but ask government to protect the poor from expected price jumps through social programmes
Egyptian Steel signs $ 210 million deal with Danieli
Egyptian Steel signed Wednesday a $ 210 million agreement with Daneili SpA (DANR), an Italian company specialised in supplying plants and equipment to the steel industry, to supply production lines for Egyptians Steel’s new plant in Ain el-Soukhna. Prime Minister Hesham Qandil witnessed the agreement signing ceremony between Ahmed Abou Hashema, Chairman of Egyptian Steel, …