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Arab Steel Summit

November 2, 2023

CEO of Emirates Steel Arkan: 300 million dirhams, the size of the company’s cash flow

Saeed Ghumran Al Rumaithi, CEO of Emirates Steel Arkan, stressed the company’s strong financial solvency, noting that the volume of its cash liquidity amounts to about 300 million dirhams. Al Rumaithi revealed, in a statement to CNBC, that the company had written off about 61% of its debt portfolio, bringing it down to about 420 …

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Al-Ahram: Opening of the Arab Steel Summit in its 16th session in Cairo

The activities of the 16th Arab Steel Summit were launched yesterday in Cairo, entitled “Investment Opportunities in the Iron and Steel Industry in Arab Countries,” which is organized by the Arab Steel Union under the patronage of Engineer Ahmed Samir, Minister of Trade and Industry, and will last for two days. The summit participants observed …

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Akhbar Elyom : 6 challenges facing the industry and global turmoil affecting the region

The iron and steel industry is considered one of the most important strategic industries in the world because it is one of the main components in many products. The industry witnessed growth and prosperity until 2020, and with the beginning of the Corona pandemic, the Russian-Ukrainian war, inflation, the decline in global investments, trade wars …

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Egypt: The business sector is discussing with the Chinese “Shengli” cooperation in developing Delta steel

Mahmoud Esmat, Minister of the Public Business Sector, discussed with Cheng Chuite, Chairman of the Board of Directors of the Chinese Shengli Group of Companies, and the delegation accompanying him, aspects of cooperation and ways of partnership to continue the Delta Steel Company development project, increase operation, reach production to maximum capacity, and add new …

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Al-Ahram: The Steel Summit began with a minute of mourning and condemnation of the aggression and reveals the challenges of the steel industry and the decline in per capita consumption in the Arab world to 100 kg

Although its files or topics up for discussion do not intersect with politics, what is happening in the region in terms of the brutal aggression carried out by the occupation forces against Gaza has overshadowed the Steel Summit organized by the Arab Iron and Steel Union and which was launched today in Cairo with a …

Al-Ahram: The Steel Summit began with a minute of mourning and condemnation of the aggression and reveals the challenges of the steel industry and the decline in per capita consumption in the Arab world to 100 kg Read More »

KUNA Agency: The launch of the Arab Steel Summit to discuss economic changes in the world

The activities of the 16th Arab Steel Summit were launched today, Sunday, in cooperation with the Egyptian Ezz Steel Company to discuss the economic, geopolitical and climatic changes that the world is witnessing and their significant impact on the iron and steel industry, Arab and global. In his opening speech at the conference, Awad Al-Khalidi, …

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Al-Wafd: Arab steel industry from Labib Naseem to condemn the Israeli violations in Gaza

If you want to look at the economic growth in any country, start by looking at the growth in the steel industry in that country first… That sentence was said by the Chairman of the Ezz Steel Group, Engineer Ahmed Ezz, during the opening session of the “16th” Arab Steel Summit, which Cairo hosted in …

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