Arab Steel Summit 2025
Arab Steel Summit 2025

Ezz Steel

Officially.. Ezz Steel submits a request for voluntary delisting from the Egyptian Stock Exchange

The Egyptian Stock Exchange said that it received the request for voluntary delisting signed by the legal representative of Ezz Steel shares, for 542.354 million shares with a nominal value of EGP 5 per share from the stock exchange tables, voluntarily delisted in implementation of the decision of the Extraordinary General Assembly. The stock exchange …

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Egypt: Prime Minister issues decision to form specialized advisory committees including Ahmed Ezz and Ayman Ashry

Dr. Mostafa Madbouly, Prime Minister, issued a decision to form specialized advisory committees to enhance communication between the government and experts in various private sector fields, as part of the approach aimed at strengthening permanent channels for exchanging visions and proposals to support the policy-making process. The decision stipulated the formation of 6 specialized advisory …

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Ahmed Ezz grieves against his exclusion from voting on the decision to delist Ezz Steel shares

The Financial Regulatory Authority said that Ahmed Ezz, the main shareholder in Ezz Steel, filed a grievance against the exclusion of his shares and the shares of parties related to him from voting on the decisions of the extraordinary general assembly to voluntarily delist the company’s shares. Ahmed Ezz owns more than 68% of Ezz …

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Egypt: “Ezz Steel” announces the fair value of the company’s share

Ezz Steel Company announced the fair value study of the company’s share prepared by BDO Keys Financial Consulting Company for Securities. According to today’s disclosure, Monday, the study concluded that the fair value of Ezz Steel’s share is EGP 138.15, using the weighted average of the income and market approaches. Ezz Steel Company confirmed that …

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Ezz Steel Decides to Delist Its Shares from the Egyptian Stock Exchange

Egyptian Ezz Steel revealed the reasons behind its decision to seek to delist its shares from the Egyptian Stock Exchange for three reasons, including the increase in risks in light of the fluctuations witnessed by the industry resulting from the spread of protectionist measures in Europe. The company added in a letter sent to the …

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Ezz Steel announces signing of oil exploration agreements with the government

Ezz Steel said that it has signed, along with a number of Egyptian industrial groups, a framework agreement of intent for consultation and cooperation with the Egyptian government. The company explained in a statement in response to the stock exchange’s inquiries about what was published under the title “Signing oil exploration agreements with Ezz Steel,” …

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Arab Steel Summit kicks off in Qatar with attendance of major Egyptian companies

The Arab Steel Summit kicked off this Monday morning, organized by the Arab Iron and Steel Union, with attendance of major Arab iron and steel companies, Ezz Steel Egypt, El Ashry Steel Group, El Marakby Steel Company, and other Egyptian companies. The Arab Steel Summit, which is being held this year in Doha, the capital …

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Arab Steel Summit: Expected growth in demand for steel products supported by infrastructure projects

George Matta, Head of Marketing Sector at Ezz Steel and Chairman of the Economic Committee of the Arab Iron and Steel Union, expected that demand for steel products in the Middle East region will increase during 2024, supported by infrastructure projects implemented by Egypt, Saudi Arabia, the United Arab Emirates, and Algeria. In his speech …

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Report expects Egypt’s steel consumption to grow to 6.8 million tons in 2024

A report by Ezz Steel expects Egypt’s reinforcing steel consumption to increase by 5% in 2024 to 6.8 million tons, driven by the completion of infrastructure projects, the payment of contractors’ dues, and the expected resumption of new building permits. Flat steel consumption is also expected to remain stable at 1.5 million tons in 2024, …

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