The shareholders of the Egyptian Iron and Steel Company agreed, during the extraordinary general assembly held on Monday, to divide the company by separating the mining and quarrying activities from the company.
After the decision, Minister of Public Business Sector Hisham Tawfiq announced that the ministry intends to list the divided company on the Egyptian Stock Exchange.
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.
General Secretariat
Tel +21323304221 – +21323304239
Fax +21323304254
Mail: [email protected]
Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: [email protected]
