{"id":575803,"date":"2020-10-27T04:03:13","date_gmt":"2020-10-27T04:03:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/27\/loss-making-egyptian-iron-and-steel-could-be-coming-under-military-control\/"},"modified":"2020-10-27T04:03:13","modified_gmt":"2020-10-27T04:03:13","slug":"loss-making-egyptian-iron-and-steel-could-be-coming-under-military-control","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/27\/loss-making-egyptian-iron-and-steel-could-be-coming-under-military-control\/","title":{"rendered":"Loss-making Egyptian Iron and Steel could be coming under military control"},"content":{"rendered":"

The Military Production Ministry may be about to take over Egypt Iron and Steel after industry insiders submitted a report claiming the decision to separate its mining operations<\/a> could be dangerous to the company\u2019s financial stability, Masrawy<\/a> reports. The troubled company earlier this month said it would spin off its most valuable business into a separate company ahead of a potential listing on the EGX. The report advises that the military\u2019s National Service Products Organization or the Military Production Ministry take over the company instead to exempt it from taxation and provide it with funding.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Military Production Ministry may be about to take over Egypt Iron and Steel after industry insiders submitted a report claiming the decision to separate its mining operations could be dangerous to the company\u2019s financial stability, Masrawy reports. The troubled company earlier this month said it would spin off its most valuable business into a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7255],"tags":[1961,72,131,2339,2201],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575803","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-egyptian-iron-and-steel","tag-enterpriseam","tag-manufacturing","tag-military-production-ministry","tag-national-service-products-organization","wpautop","entry"],"acf":{"mongo_id":"e36cdba3-3031-4760-abc7-5b7fd96cd078","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[575781],"teaser":"","voice_url":""},"yoast_head":"\nLoss-making Egyptian Iron and Steel could be coming under military control - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/27\/loss-making-egyptian-iron-and-steel-could-be-coming-under-military-control\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Loss-making Egyptian Iron and Steel could be coming under military control\" \/>\n<meta property=\"og:description\" content=\"The Military Production Ministry may be about to take over Egypt Iron and Steel after industry insiders submitted a report claiming the decision to separate its mining operations could be dangerous to the company\u2019s financial stability, Masrawy reports. The troubled company earlier this month said it would spin off its most valuable business into a […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/27\/loss-making-egyptian-iron-and-steel-could-be-coming-under-military-control\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-27T04:03:13+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/27\/loss-making-egyptian-iron-and-steel-could-be-coming-under-military-control\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/27\/loss-making-egyptian-iron-and-steel-could-be-coming-under-military-control\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Loss-making Egyptian Iron and Steel could be coming under military control\",\"datePublished\":\"2020-10-27T04:03:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/27\/loss-making-egyptian-iron-and-steel-could-be-coming-under-military-control\/\"},\"wordCount\":108,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egyptian Iron and Steel\",\"EnterpriseAM\",\"Manufacturing\",\"Military Production Ministry\",\"National Service Products Organization\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/27\/loss-making-egyptian-iron-and-steel-could-be-coming-under-military-control\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/27\/loss-making-egyptian-iron-and-steel-could-be-coming-under-military-control\/\",\"name\":\"Loss-making Egyptian Iron and Steel could be coming under military control - 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