{"id":644918,"date":"2017-07-06T04:24:27","date_gmt":"2017-07-06T04:24:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/06\/steel-magnate-ahmed-ezz-released-from-prison\/"},"modified":"2017-07-06T04:24:27","modified_gmt":"2017-07-06T04:24:27","slug":"steel-magnate-ahmed-ezz-released-from-prison","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/06\/steel-magnate-ahmed-ezz-released-from-prison\/","title":{"rendered":"Steel magnate Ahmed Ezz released from prison"},"content":{"rendered":"<p><strong>Steel magnate Ahmed Ezz was released from prison on EGP 250k bail and placed on a no-fly list. <\/strong>Ezz faces charges of illegally obtaining a steel production license \u201cdepriving the state of EGP 660 mn,\u201d <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1158259\">Al Masry Al Youm reports<\/a>. Ezz and former Industrial Development Authority Chairman Amr Assal, a co-defendant in the case, <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/08\/court-issues-arrest-warrant-for-ahmed-ezz\/\">were arrested in March<\/a>. The two were previously handed down 10-year prison sentences for the case, but were granted a retrial on appeal in 2012.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 co-defendant in the case, were [&hellip;]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-644918","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"557bf203-0c2f-495e-811e-95772bb694bc","order":"0","is_powered_by":true,"section_story_id":"7d3b3239-4f26-427e-bd7f-ccdc0afe692d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[644899],"teaser":"","voice_url":""},"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>Steel magnate Ahmed Ezz released from prison - 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\/2017\/07\/06\/steel-magnate-ahmed-ezz-released-from-prison\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Steel magnate Ahmed Ezz released from prison\" \/>\n<meta property=\"og:description\" content=\"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. 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The two\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":630809,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/prosecutors-reach-egp-1-7-bn-settlement-agreement-with-ahmed-ezz\/","url_meta":{"origin":644918,"position":1},"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 &quot;Egypt Politics + Economics&quot;","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":649769,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/court-issues-arrest-warrant-for-ahmed-ezz\/","url_meta":{"origin":644918,"position":2},"title":"Court issues arrest warrant for Ahmed Ezz","author":"enterpriseam admin","date":"8 March 2017","format":false,"excerpt":"A court has issued an arrest warrant for steel magnate Ahmed Ezz in the case regarding obtaining a steel production license, Reuters\u2019 Arabic service noted. The case was adjourned until 4 April. An arrest order was also issued for former Industrial Development Authority Chairman Amr Assal, a co-defendant in the\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":562827,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/08\/ahmed-ezz-takes-direct-controlling-stake-in-ezz-steel\/","url_meta":{"origin":644918,"position":3},"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 &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\/2021\/6\/105.jpg?fit=%2C&ssl=1&resize=350%2C200","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":644918,"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 &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\/2021\/12\/313.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":612395,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ahmed-ezz-ups-his-stake-in-own-company-plus-news-from-sodic-gorilla-technology-el-etreby\/","url_meta":{"origin":644918,"position":5},"title":"Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby","author":"enterpriseam admin","date":"21 December 2023","format":false,"excerpt":"Steel magnate raised his stake to 66.4%","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1411.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/644918","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=644918"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/644918\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/644899"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=644918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=644918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=644918"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=644918"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=644918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}