Egyptian Steel says it is pushing ahead with plans to quadruple its capacity despite long-standing currency and …
Ahmed Abou Hashima
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Industry & Trade
Egypt draws Foreign Investment as Economic Reforms kick in
by Yomna Yasserby Yomna YasserMore foreign companies are pledging to invest in Egypt, as the country begins to reap the benefits …
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Banks
Ahli United Bank secures EGP350 million for Egyptian Steel’s Loan
by Yomna Yasserby Yomna YasserAhli United Bank pumps EGP 350 million (US$45.8 million) in a loan arranged for one of Egyptian …
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Egyptian Gulf Bank (EGB) is considering contributing in National Port Said Steel Company (NPSS) loan with stake …
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Industry & Trade
Egypt-Qatar Business Council Suspended from Operations; Says Abou Hashima
by Yomna Yasserby Yomna YasserThe Egyptian-Qatari Business Council chaired by Dr. Moharram Helal was suspended from operations ten days ago, said …
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Egypt News
Egypt’s Steel Tycoon Abou Hashima Contributes EGP50mn to Sisi’s Fund
by Yomna Yasserby Yomna YasserEgypt’s steel tycoon Ahmed Abou Hashima donates 50 million Egyptian pounds to the ‘Long Live Egypt’ Fund, …
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Banks
Ahli United Contributes EGP400 million to National Port Said Steel’s Loan
by Yomna Yasserby Yomna YasserEgypt’s Ahli United Bank agreed to contribute around EGP 400 million to National Port Said Steel Company …
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Industry & Trade
Egypt’s Steel Industry Files Anti-Dumping Claim against Imports
by Yomna Yasserby Yomna YasserEgypt’s steel companies have filed a petition against rebar and wire rod imports from China, Turkey and …
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Industry & Trade
Egyptian Steel Plans IPO for 25-30% of Capital in 2015
by Yomna Yasserby Yomna YasserEgyptian Steel Company, which currently produces 300 thousand tpa, is gearing up for converting into a public …
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Industry & Trade
Egypt Steel Magnate Eyes Investments in Fertilizer, Mining But Lacks Enough Liquidity
by Yomna Yasserby Yomna YasserEgypt’s rising star steel magnate Ahmed Abou Hashima says he is looking forward to making new investments …