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Egyptian steel tycoon jailed

Egyptian steel tycoon Ahmed Ezz has been jailed for 37 ... and a LE687 million fine for his role in the case. Five officials from what became the Ezz Dekheila steel company after acquisition by Ezz Steel were are also involved in the case. Ezz Steel has a 55 percent ...

07/03/2013 - 07:53 - comment 0

Business marries politics: Mubarak-era Egyptian steel tycoon released on bail

The Egyptian steel tycoon Ahmed Ezz , the secretary-general of Hosni Mubarak's NDP, who was accused ... from jail on bail on Thursday afternoon. Ezz is the former chairman of Ezz Steel and has a 55 ... National Iron and Steel Company (ANISC) before Ezz, then a mid-rank steel manufacturer, was called ...

08/08/2014 - 19:30 - comment 0

Egypt steel tycoon Ahmed Ezz faces new bribery charges

Egyptian steel magnate Ahmed Ezz, a top ally of ousted ... and squandering public funds. Egyptian steel magnate Ahmed Ezz, a top ally of ousted ... filed new charges against Ezz of unlawfully acquiring shares in al-Dekheila Steel, now an affiliate ...

27/06/2011 - 09:11 - comment 0

Steel in Egypt to hike after pound devaluation

of the Egyptian pound. Muhammad Towfiq, representative for the Ezz Steel Company, confirmed that prices ... for both the Ezz and Garhy Steel companies, said that the rise in world prices for raw materials ... for the Ezz Steel Company, stated that recent increases in the price of the dollar on the black market to EGP ...

28/05/2013 - 11:07 - comment 0

Al-Ezz Steel posts $11.6 million in losses for 1H 2002

Egyptian steel reinforcement bar producer, Al-Ezz Steel Rebars recorded net losses of 53.96 million pounds ($11.6 million) on sales of EP 529.8 million ... producer, Al-Ezz Steel Rebars (ESR) recorded net losses of 53.96 million pounds ($11.6 million) on sales ...

15/08/2010 - 13:06 - comment 0

Egypt: Former steel tycoon sentenced to 10 years in prison

An Egyptian court on Thursday sentenced steel magnate Ahmed Ezz and former industrial development chief Amr ... An Egyptian court on Thursday sentenced steel magnate Ahmed Ezz and former industrial development chief Amr ... An Egyptian court on Thursday sentenced steel magnate ...

19/09/2011 - 11:43 - comment 0

Poor bottom line performance for Al-Ezz Steel in FY01

Al-Ezz Steel Rebars Co., Egyptian producer of steel ... ended December 31. This compares to th Al-Ezz Steel Rebars (ESR) Company, Egyptian producer of steel reinforcement bars, incurred 40.29 million Egyptian pound ($8.67 million) net ...

15/08/2010 - 13:16 - comment 0

China spooks Egypt's steel makers

700-800 less than Egyptian steel. The news caused local steel producers to panic, forcing Ezz steel ... for around EGP 700-800 less than Egyptian steel.The news caused local steel producers to panic, forcing Ezz ... that a Chinese steel freight will be sold for around EGP 700-800 less than Egyptian steel ...

08/10/2012 - 05:30 - comment 0

Robin Hood style? Long Live Egypt Fund to accept donations from Mubarak-era convicted businessmen

history. Steel tycoon Ahmed Ezz was reported to have announced his willingness to donate half of his ... the end through paying the fines. The former chairman of Ezz Steel and the owner of 51% of its shares ... to his Ezz El-Dekheila steel plant. In the second case, Ezz was accused of illegal sales of steel licences. All of Ezz’s ...

12/08/2014 - 11:50 - comment 0

Egypt: court sentences ex-trade minister to 5 years

accused him of improperly giving production licenses to steel magnate Ahmed Ezz, chairman of Egypt's biggest steel maker Ezz Steel. Ezz and Rachid have denied wrongdoing. ...

26/06/2011 - 08:22 - comment 0