steel
Trial of steel tycoon Ahmed Ezz adjourned to 9 May
Egypt
May 7, 2012
Trial of steel tycoon Ahmed Ezz adjourned to 9 May
Giza Criminal Court has adjourned the profiteering case of businessman Ahmed Ezz, former Industry Minister Ibrahim Mohamedein and five representatives…
Parliament approves in principle amendments on law fighting monopolies
Egypt
April 22, 2012
Parliament approves in principle amendments on law fighting monopolies
The People’s Assembly Economic Affairs Committee has approved in principle an amendment to the law on protecting competition and banning…
Ezz Steel 2011 net profit falls 20%
Business
April 10, 2012
Ezz Steel 2011 net profit falls 20%
Egypt's largest steel producer, Ezz Steel, said on Tuesday its 2011 net profit declined 20 percent from a year earlier.…
Steel and cement prices rise in January
Business
February 15, 2012
Steel and cement prices rise in January
The prices of steel and Portland cement rose in January by around 2 percent and 11 percent, respectively, compared to…
Egypt’s Ezz Steel 9-month net profit falls 26 percent
Egypt
January 31, 2012
Egypt’s Ezz Steel 9-month net profit falls 26 percent
Egypt’s largest steel producer, Ezz Steel, said on Tuesday its net profit for the first nine months of 2011 declined…
Ahmed Ezz money laundering trial adjourned to 5 February
Egypt
January 1, 2012
Ahmed Ezz money laundering trial adjourned to 5 February
Cairo Criminal Court Sunday postponed the money laundering trial of businessman and former Secretary of Organizational Affairs of the disbanded…
Iron companies fix prices in response to lower demand
Business
December 1, 2011
Iron companies fix prices in response to lower demand
Iron companies operating in the local Egyptian market have declared they will not raise prices in December despite rising costs…
Detained steel tycoon to face trial on money laundering charges
Egypt
November 3, 2011
Detained steel tycoon to face trial on money laundering charges
Attorney General Abdel Meguid Mahmoud on Thursday referred steel magnate Ahmed Ezz to the Cairo Criminal Court on charges of…
Low-cost Turkish iron prompts Egyptian producers to cut prices
Business
October 25, 2011
Low-cost Turkish iron prompts Egyptian producers to cut prices
Several Egyptian iron companies have slashed product prices for November in a move that workers attributed to falling international prices…
Petroleum minister criticizes continued energy subsidies
Egypt
October 18, 2011
Petroleum minister criticizes continued energy subsidies
Petroleum and Mineral Resources Minister Abdullah Ghorab criticized on Monday the continued government policy of energy subsidies at the expense…