{"id":612395,"date":"2023-12-21T00:00:00","date_gmt":"2023-12-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/"},"modified":"2023-12-21T00:00:00","modified_gmt":"2023-12-21T00:00:00","slug":"ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/","title":{"rendered":"Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby"},"content":{"rendered":"

AHMED EZZ SNAPS UP ANOTHER SLICE OF EZZ STEEL: <\/strong>Steel magnate Ahmed Ezz purchased some 4 mn shares in Ezz Steel on Tuesday, a source familiar with the transaction told Enterprise following the release of an EGX bulletin (pdf)<\/a>. We believe Ezz purchased the shares from El Garhy Steel\u2019s Gamal El Garhy at around EGP 80 apiece at a total cost of EGP 324 mn.<\/p>\n

** <\/strong>Who owns what?<\/strong> The transaction brings Ezz\u2019s majority stake up 0.7% to 66.4% and El Garhy\u2019s stake down to 5.2% by our math. The Bank of New York Mellon<\/a> owns 5.82%, according to the company\u2019s shareholder structure (pdf)<\/a> at the end of 3Q 2023.<\/p>\n

SODIC JOINS FORCES WITH DELTA OIL<\/strong>:<\/strong> SODIC is teaming up with Delta Oil for Oil<\/a>Recycling<\/a> startup to set up an integrated ecosystem in the country to collect used cooking oil and pass it on to refineries that can turn the waste byproduct into biodiesel. (Al Mal<\/a>)<\/p>\n

** Want to know more? <\/strong>We spoke to Delta Oiland other local companies turning used cooking oil into EGP in our weekly Going Green<\/a> deep-dive back in August.<\/p>\n

GORILLA TECHNOLOGY SETTING UP SHOP IN EGYPT: <\/strong>British software company Gorilla Technology<\/a> will set up a new distribution company in Egypt and invest some USD 100 mn to support growth across the region. (Asharq Business<\/a>)<\/p>\n

EL ETREBY GROUP TO BUILD NEW CITRUS EXPORT STATION: <\/strong>Agricultural crop exporter El Etreby<\/a> will invest EGP 550 mn to establish a new citrus fruit export station in Sadat City set to begin operations in 2025. (Al Borsa<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"

Steel magnate raised his stake to 66.4%<\/p>\n","protected":false},"author":1,"featured_media":612396,"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":[7209],"tags":[9638,111,2555,11508,72,589,564,125,131,312],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-612395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-ahmed-ezz","tag-also-on-our-radar","tag-biofuels","tag-delta-oil-for-oil-recycling","tag-enterpriseam","tag-ezz-steel","tag-food","tag-investment-watch","tag-manufacturing","tag-sodic","wpautop","entry"],"acf":{"mongo_id":"0c34cf5e-e126-4be5-a628-d7a5d1247b62","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/1411.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby","related_issue":[612366],"teaser":"Steel magnate raised his stake to 66.4%","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.83b328ba-a1cf-4331-ba36-be0175bfafa0.mp3"},"yoast_head":"\nAhmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby - 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\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby\" \/>\n<meta property=\"og:description\" content=\"Steel magnate raised his stake to 66.4%\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-21T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1411.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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby\",\"datePublished\":\"2023-12-21T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/\"},\"wordCount\":265,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1411.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Ahmed Ezz\",\"ALSO ON OUR RADAR\",\"biofuels\",\"Delta Oil for Oil Recycling\",\"EnterpriseAM\",\"Ezz Steel\",\"food\",\"investment watch\",\"Manufacturing\",\"SODIC\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/\",\"name\":\"Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1411.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-12-21T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1411.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1411.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby\"}]},{\"@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\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/","og_locale":"en_US","og_type":"article","og_title":"Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby","og_description":"Steel magnate raised his stake to 66.4%","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-12-21T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1411.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":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby","datePublished":"2023-12-21T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/"},"wordCount":265,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1411.jpg?fit=%2C&ssl=1","keywords":["Ahmed Ezz","ALSO ON OUR RADAR","biofuels","Delta Oil for Oil Recycling","EnterpriseAM","Ezz Steel","food","investment watch","Manufacturing","SODIC"],"articleSection":["Also on our Radar"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/","name":"Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1411.jpg?fit=%2C&ssl=1","datePublished":"2023-12-21T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1411.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1411.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby"}]},{"@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\/12\/1411.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1411.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\/12\/1411.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":644918,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/06\/steel-magnate-ahmed-ezz-released-from-prison\/","url_meta":{"origin":612395,"position":0},"title":"Steel magnate Ahmed Ezz released from prison","author":"enterpriseam admin","date":"6 July 2017","format":false,"excerpt":"Steel magnate Ahmed Ezz was released from prison on EGP 250k bail and placed on a no-fly list. Ezz faces charges of illegally obtaining a steel production license \u201cdepriving the state of EGP 660 mn,\u201d Al Masry Al Youm reports. Ezz and former Industrial Development Authority Chairman Amr Assal, a\u2026","rel":"","context":"In "Speed Round"","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":562827,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/08\/ahmed-ezz-takes-direct-controlling-stake-in-ezz-steel\/","url_meta":{"origin":612395,"position":1},"title":"Ahmed Ezz takes direct controlling stake in Ezz Steel","author":"enterpriseam admin","date":"8 June 2021","format":false,"excerpt":"Ahmed Ezz now directly owns a controlling stake in Ezz Steel after purchasing a 33.4% stake in the company from El Ezz Group Holding for Industry and Investment, according to an EGX disclosure (pdf). The steel magnate, who owns almost 100% of Ezz Holding, now directly holds a 65.7% stake\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/105.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":650452,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/ahmed-ezz-offers-the-state-egp-500-mn-in-exchange-for-reconciliation\/","url_meta":{"origin":612395,"position":2},"title":"Ahmed Ezz offers the state EGP 500 mn in exchange for reconciliation","author":"enterpriseam admin","date":"23 March 2017","format":false,"excerpt":"Steel magnate Ahmed Ezz has reportedly offered the state EGP 500 mn to reconcile and settle all his legal disputes, talk show host Amr Abdel Hamid said on Wednesday during an episode of his show Ra\u2019ay Aam, where he claimed to have acquired documents of the proposition (watch, runtime 11:32).","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630809,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/prosecutors-reach-egp-1-7-bn-settlement-agreement-with-ahmed-ezz\/","url_meta":{"origin":612395,"position":3},"title":"Prosecutors reach EGP 1.7 bn settlement agreement with Ahmed Ezz","author":"enterpriseam admin","date":"1 March 2018","format":false,"excerpt":"Steel magnate Ahmed Ezz has reached a EGP 1.7 bn settlement agreement with the government, Prosecutor General Nabil Sadek said in a statement picked up by Ahram Online. Ezz, who was released from prison on EGP 250k bail and placed on a no-fly list in July, will pay EGP 600\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553901,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/13\/ezz-steel-to-acquire-abou-hashimas-stake-in-egyptian-steel\/","url_meta":{"origin":612395,"position":4},"title":"Ezz Steel to acquire Abou Hashima\u2019s stake in Egyptian Steel","author":"enterpriseam admin","date":"13 December 2021","format":false,"excerpt":"Ezz Steel is moving forward with its bid to acquire Ahmed Abou Hashima\u2019s 18% stake in Egyptian Steel, announcing yesterday in an EGX filing (pdf) that it has offered to purchase the shares in a transaction that would value the company at almost EGP 14 bn. The steel giant\u2019s board\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/313.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":631104,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/egypt-drops-case-against-ahmed-ezz-due-to-expired-statute-of-limitations\/","url_meta":{"origin":612395,"position":5},"title":"Egypt drops case against Ahmed Ezz due to expired statute of limitations","author":"enterpriseam admin","date":"11 March 2018","format":false,"excerpt":"Prosecutors drop case against Ahmed Ezz as statute of limitations kicks in: The Cairo Criminal Court dropped the case against steel magnate Ahmed Ezz and former Industrial Development Authority Chairman Amr Assal, ruling that the statute of limitations for the case has expired, Al Masry Al Youm reported. The two\u2026","rel":"","context":"In "Speed Round"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=612395"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612395\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/612366"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/612396"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=612395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=612395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=612395"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=612395"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=612395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}