Egyptian Iron and Steel Company agrees to separate the mining activity
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Economic newsOctober 13, 2020

Egyptian Iron and Steel Company agrees to separate the mining activity

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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.

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