Ezz

4 years after Egypt revolution, patronage politics dominate again
Egypt

4 years after Egypt revolution, patronage politics dominate again

How much is a vote worth? In Egypt's Sadat City - a sprawling, industrial center filled with the young and…
Ezz tax evasion trial postponed
Egypt

Ezz tax evasion trial postponed

The Tax Evasion Misdemeanor Court postponed the retrial of steel tycoon Ahmed Ezz to 28 September, as it awaits a…
Ezz appeal to reduce LE100 ml bail turned down
Egypt

Ezz appeal to reduce LE100 ml bail turned down

The Cairo Criminal Court rejected an appeal submitted by the defense of business tycoon Ahmed Ezz to reduce his LE100…
Court reveals verdict’s rationale in case against steel companies
Egypt

Court reveals verdict’s rationale in case against steel companies

The Cairo Criminal Court has announced the rationale of verdicts concerning Ezz, Suez, Beshay and Tiba steel companies. In the…
Ezz Steel full-year net profit pulled down by costs
Business

Ezz Steel full-year net profit pulled down by costs

Egypt's Ezz Steel Co reported a 53 percent drop in full-year 2010 net profit on Tuesday after surging costs outweighed…
Former ministers request satellite TV in their prison cells
Egypt

Former ministers request satellite TV in their prison cells

Although Tora Prison is known to be the detention facility for celebrities, it appears uncomfortable for former ministers Habib al-Addly,…
Ezz Steel raises wholesale prices
Business

Ezz Steel raises wholesale prices

Ezz Steel raised its wholesale rebar prices by LE230 per ton in the largest single price increase since 2008. The…
Steel sales slow amid fears of cheaper imports
Business

Steel sales slow amid fears of cheaper imports

Steel bar sales slumped noticeably this month after local producers raised their per-ton prices to LE3030. Experts, meanwhile, voice fears…
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