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Suez’s coal and diesel production complex should be complete next year. PLUS: News from AMEA, Hassan Allam Holding, Ezz Steel
The facility aims to boost Egypt’s production of diesel, gasoline, and other fuels
Ezz Steel sees bottom line jump fourfold in the first half of the year
The company also responded to the EU’s anti-dumping probe
Ezz Steel finishes 1Q 2024 in the green following 2023 losses
Revenues were up 80% y-o-y during the period
Ezz Steel turns to losses in 2023 despite revenue growth
Revenues rose on the back of record exports as the company moved away from domestic sales
Gov’t is working on an app for price tracking and an app for consumer complaints
The government has developed a mobile application to enable users to view and report commodity prices — dubbed Price Radar
Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby
Steel magnate raised his stake to 66.4%
Aton Resources to start producing gold in Egypt in 2025. PLUS: FX crunch hits Ezz Steel
Aton has struck gold in its Marawat concession in the Eastern Desert, where it has been prospecting since 2010
EGX approves Al Ezz Dekheila delisting. PLUS: News on corn, East Port Said, Microsoft
Al Ezz Dekheila Steel plans to buy back the government’s 31% stake and delist from the exchange
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