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Mineral Holding appoints a new board of directors for Egyptian Iron and Steel Company

The Holding Company for Metal Industries, one of the Ministry of Public Business Sector companies, agreed to accept the resignation of the Chairman and members of the Iron and Steel Board of Directors, effective October 6, 2020.

The company’s statement said today that the Board of Directors of the Mineral Holding, headed by Eng. Mohamed El Saadawy, Chairman of the Associations, decided to form a new board of directors until the first extraordinary general assembly of the company is presented, headed by Eng. Farouk Khamis, a Unavailable chairman.

Eng. Ali Abdel Mohsen, Board Member, Eng. Abdel Rahman, Board Member, Accountant Magdy Abdel Rahman, Board Member, Counselor, Reda Farag, Board Member, and Mohamed Omar, Elected Member, Staff Representative.

It has also been decided to assign Eng. Ali Abdel Mohsen the position of Managing Director on a temporary basis.

It is noteworthy that the general assembly will be called to consider dividing the company into two companies, which the workers see as the first step in liquidating the company, which prompted its board to resign.

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لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.

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300.000 Employees

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