steel

For social justice, government must reform fuel subsidies
Business

For social justice, government must reform fuel subsidies

If Egypt is to achieve social justice and an efficient economy, the government must strengthen its regulatory capacity, remove subsidies…
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 case postponed to 2 November
Egypt

Ezz Steel case postponed to 2 November

Giza Criminal Court postponed on Monday its review of the Ezz Steel case to 1 November. Former National Democratic Party…
Lawyers call for replacing panel of judges involved in steel case
Egypt

Lawyers call for replacing panel of judges involved in steel case

Plaintiffs’ lawyers in the case against Al-Ezz Dekheila Steel Company, in which Ahmed Ezz and other former National Democratic Party…
Court sentences former officials to prison
Egypt

Court sentences former officials to prison

An Egyptian court on Thursday sentenced three former officials to prison for squandering public funds, judicial sources told Al-Masry Al-Youm.…
Court postpones trial of Mubarak-era steel magnate to October
Egypt

Court postpones trial of Mubarak-era steel magnate to October

An Egyptian court on Tuesday postponed the trial of Ahmed Ezz, a former regime figure and a steel mogul, to…
Lifting energy subsidies won’t harm industry, official says
Business

Lifting energy subsidies won’t harm industry, official says

Egyptian industry will not be affected if the government decides to lift energy subsidies, said Industrial Devleopment Authority Chief Ismail…
Egypt mulls removing energy subsidies for certain industries
Business

Egypt mulls removing energy subsidies for certain industries

The government is considering removing its energy subsidies to the steel, cement, fertilizers, and ceramics industries, said Deputy Prime Minister…
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…
Local steel manufacturers demand 5% tax on imports
Business

Local steel manufacturers demand 5% tax on imports

The Chamber for Mineral Industries has called for a 5 percent tax on imported steel in order to protect local…
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