{"id":586167,"date":"2023-05-07T00:00:00","date_gmt":"2023-05-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/"},"modified":"2023-05-07T00:00:00","modified_gmt":"2023-05-07T00:00:00","slug":"this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/","title":{"rendered":"THIS EVENING: Is Ezz Steel eyeing NIB\u2019s stake in Ezz Dekheila?"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Good afternoon, wonderful people<\/span><span style=\"\">, and welcome to our first full workweek in what feels like\u2026<\/span><span style=\"font-weight:400;\"> a very long time. We\u2019re off to a slower start to the day than we would have expected, but we expect the newsflow to pick up the pace. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">THE BIG STORY TODAY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Ezz Steel is reportedly looking to acquire the 14% of Ezz Dekheila Steel<\/span><span style=\"font-weight:700\"> owned by the National Investment Bank<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/41aSKUI\" style=\"\">Alsharq Business<\/a><\/span><span style=\"font-weight:400;\"> reports, citing sources it says have knowledge of the matter. Ezz Steel currently holds 64% in Ezz Dekheila. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">THE BIG STORY ABROAD<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">** CATCH UP QUICK<\/span><span> on the top stories from today\u2019s <\/span><span style=\"font-weight:700\">EnterpriseAM<\/span><span style=\"font-weight:400;\">:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">Egypt <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fa3b8f31-f6f5-4fc4-b9fd-0ca257241588\" style=\"\">generated a current account surplus<\/a><\/span><span style=\"font-weight:700\"> for the first time since 2014 in 2Q FY 2022-23<\/span><span style=\"font-weight:400;\"> due primarily to falling imports.<\/span><\/li>\n<li><span style=\"font-weight:700\">Private-sector activity sees softest decline since October:<\/span><span> Egypt\u2019s non-oil <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9b47e2ce-e7e2-4382-9016-464a01b8d69c\" style=\"\">private sector contracted<\/a><\/span><span style=\"font-weight:400;\"> for the 29th consecutive month in April \u2014 but did so at its slowest pace in six months as a more stable exchange rate helped to alleviate inflationary pressures. <\/span><\/li>\n<li><span style=\"font-weight:700\">Fitch Ratings <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/39706d92-c6c9-4a7b-97e9-d3db6864c218\" style=\"\">has downgraded<\/a><\/span><span style=\"font-weight:700\"> Egypt\u2019s sovereign credit rating for the first time since 2013<\/span><span style=\"font-weight:400;\">, cutting it one level to B from B+ and maintaining its negative outlook.<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p class=\"web-image-inner\"><img data-recalc-dims=\"1\" decoding=\"async\" style=\"display: block\" src=\"https:\/\/i0.wp.com\/enterprise.press\/wp-content\/uploads\/2022\/03\/Inside-Industry-en-WEB-1600x584-v5-03-1.jpg\" alt=\"enterprise\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">*** It\u2019s Inside Industry day \u2014<\/span><span style=\"font-weight:700\">your weekly briefing of all things industrial in Egypt.<\/span><span style=\"font-weight:400;\"> Inside Industry focuses each Sunday on what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning to product distribution, through to land allocation to industrial processes, supply chain management, labor, automation and technology, inputs and exports, regulation and policy.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">In today\u2019s issue:<\/span><span style=\"\"> After being withdrawn from the House of Representatives earlier this year, the<\/span><span style=\"font-weight:400;\"> Labor Act is getting a rethink. We run down what industry players want to see changed in a reworked version of the bill.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/52.jpg?ssl=1\"\/><\/a><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The Enterprise Exports & FDI Forum, our latest industry-specific conference, is taking <\/span><span style=\"font-weight:700\">place on Monday, 15 May <\/span><span style=\"font-weight:400;\">at the Four Seasons Cairo Nile Plaza The Enterprise Exports & FDI Forum will give insiders and newcomers alike the chance to talk about how to develop an export-centered business and how their companies can help Egypt build an export-led economy that makes us a magnet for foreign direct investment (FDI).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Expect the gathering to be heavy on lessons learned in Egypt and other global growth markets \u2014 and to feature lots of success stories.<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/index.html#aboutSection\" style=\"\">You can learn more on our conference website here<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Some of the biggest names in business and finance are on board \u2014 are you?<\/span><span style=\"font-weight:400;\"> The Enterprise Exports and FDI Forum is taking place with the generous support of our friends, including:<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Banking partners:<\/span><span style=\"font-weight:400;\"> Banque Misr | Al Baraka Bank | Emirates NBD | HSBC <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Lead partners:<\/span><span style=\"font-weight:400;\"> DB Schenker | DP World | East Port Said Development | IDG | IFC | Madinat Masr<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Event partners: <\/span><span style=\"font-weight:400;\">Beyti | Concrete | GlobalCorp | Grant Thornton | Hassan Allam Utilities | Royal Ceramica<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">WANT TO BECOME A COMMERCIAL PARTNER?<\/span><span> Ping a note to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"mailto:mtaalab@inktankir.com\" style=\"\">Moustafa, our head of commercial, here<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">HAVEN\u2019T REQUESTED AN INVITE YET?<\/span><span style=\"font-weight:700\">We have a limited number of seats available. <\/span><span>If you\u2019re a C-suite exec, business owner, DFI staff, export executive, investor or banker, please <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" style=\"\">fill out the form here<\/a><\/span><span style=\"font-weight:400;\"> to signal your interest, letting us know your name, title and where you work.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>     <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400\">?\ufe0f<\/span><span style=\"font-weight:700\">TOMORROW\u2019S WEATHER- <\/span><span style=\"\">Expect it to get slightly warmer, although not much sunnier, as<\/span><span> our favorite weather app suggests the daytime high will rise to 29<\/span><span style=\"font-weight:400;\">\u00b0C, while the nighttime low is expected to hit 16\u00b0C. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, wonderful people, and welcome to our first full workweek in what feels like\u2026 a very long time. We\u2019re off to a slower start to the day than we would have expected, but we expect the newsflow to pick up the pace. THE BIG STORY TODAY Ezz Steel is reportedly looking to acquire the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":586168,"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":[7213],"tags":[633,589,7128,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-586167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-enterprisepm","tag-ezz-steel","tag-ma-watch","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"e0e66817-3b23-42ec-a49d-58622503c9f8","order":"0","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2023\/1\/201.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[586165],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.2436d909-bf98-4637-bd79-949c11b8feaf.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS EVENING: Is Ezz Steel eyeing NIB\u2019s stake in Ezz Dekheila? - 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\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS EVENING: Is Ezz Steel eyeing NIB\u2019s stake in Ezz Dekheila?\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, wonderful people, and welcome to our first full workweek in what feels like\u2026 a very long time. 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THE BIG STORY TODAY Ezz Steel is reportedly looking to acquire the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-07T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/201.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS EVENING: Is Ezz Steel eyeing NIB\u2019s stake in Ezz Dekheila?\",\"datePublished\":\"2023-05-07T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/\"},\"wordCount\":588,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/201.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterprisePM\",\"Ezz Steel\",\"M&amp;A Watch\",\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/\",\"name\":\"THIS EVENING: Is Ezz Steel eyeing NIB\u2019s stake in Ezz Dekheila? 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We\u2019re off to a slower start to the day than we would have expected, but we expect the newsflow to pick up the pace. THE BIG STORY TODAY Ezz Steel is reportedly looking to acquire the [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-05-07T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/201.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS EVENING: Is Ezz Steel eyeing NIB\u2019s stake in Ezz Dekheila?","datePublished":"2023-05-07T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/"},"wordCount":588,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/201.jpg?fit=%2C&ssl=1","keywords":["EnterprisePM","Ezz Steel","M&amp;A Watch","WHAT WE\u2019RE TRACKING TONIGHT"],"articleSection":["WHAT WE\u2019RE TRACKING TONIGHT"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/","name":"THIS EVENING: Is Ezz Steel eyeing NIB\u2019s stake in Ezz Dekheila? - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/201.jpg?fit=%2C&ssl=1","datePublished":"2023-05-07T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/201.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/201.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/this-evening-is-ezz-steel-eyeing-nibs-stake-in-ezz-dekheila\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"THIS EVENING: Is Ezz Steel eyeing NIB\u2019s stake in Ezz Dekheila?"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/201.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/201.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/201.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":593470,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/ezz-steel-board-approves-selling-its-shares-in-ezz-rolling-mills-to-ezz-dekheila\/","url_meta":{"origin":586167,"position":0},"title":"Ezz Steel board approves selling its shares in Ezz Rolling Mills to Ezz Dekheila","author":"enterpriseam admin","date":"28 November 2019","format":false,"excerpt":"M&A WATCH- Ezz Steel board approves selling its shares in Ezz Rolling Mills to Ezz Dekheila: Ezz Steel\u2019s board of directors has signed off on selling north of 88 mn of its shares in Ezz Rolling Mills (ERM) through a share swap with Ezz Dekheila Steel, the parent company said\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593102,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/18\/ezz-dekheila-steel-acquires-ezz-flat-steel-in-a-usd-356-07-mn-transaction\/","url_meta":{"origin":586167,"position":1},"title":"Ezz Dekheila Steel acquires Ezz Flat Steel in a USD 356.07 mn transaction","author":"enterpriseam admin","date":"18 November 2019","format":false,"excerpt":"M&A WATCH- Ezz Dekheila Steel acquires Ezz Flat Steel in a USD 356.07 mn transaction: Ezz Steel divested its full stake in Ezz Flat Steel, selling 35.3 mn shares to Ezz Dekheila Steel for USD 356.07 mn, according to a bourse disclosure (pdf). The transaction is part of a restructuring\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":588991,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/","url_meta":{"origin":586167,"position":2},"title":"Ezz Steel, Ezz Dekheila Steel deny knowledge of rumored share sale","author":"enterpriseam admin","date":"20 June 2023","format":false,"excerpt":"The gov\u2019t is reportedly looking to sell shares in Ezz Dekheila to its parent company","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/973.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592912,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/12\/egypts-ezz-dekheila-steel-launches-mto-for-ezz-rolling-mills\/","url_meta":{"origin":586167,"position":3},"title":"Egypt\u2019s Ezz Dekheila Steel launches MTO for Ezz Rolling Mills","author":"enterpriseam admin","date":"12 November 2019","format":false,"excerpt":"M&A WATCH- Ezz Dekheila launches MTO for Ezz Rolling Mills: Ezz Dekheila Steel presented yesterday a mandatory tender offer (MTO) to acquire 100% of Al Ezz Rolling Mills (ERM), according to a bourse disclosure. The MTO expires at the end of trading on 8 December, with the transaction set to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":586201,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/08\/ezz-steel-looks-to-acquire-govt-owned-shares-of-ezz-dekheila-steel\/","url_meta":{"origin":586167,"position":4},"title":"Ezz Steel looks to acquire gov\u2019t-owned shares of Ezz Dekheila Steel","author":"enterpriseam admin","date":"8 May 2023","format":false,"excerpt":"The company would acquire 14% of Ezz Dekheila from the National Investment Bank and the National Bank of Egypt","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/366.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591700,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/15\/ezz-dekheila-acquires-ezz-rolling-mills\/","url_meta":{"origin":586167,"position":5},"title":"Ezz Dekheila acquires Ezz Rolling Mills","author":"enterpriseam admin","date":"15 December 2019","format":false,"excerpt":"M&A WATCH- Ezz Dekheila fully acquires Ezz Rolling Mills: Ezz Dekheila Steel\u2019s acquisition of 100% of Al Ezz Rolling Mills (ERM) has been implemented, according to the local press. 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