Egyptian Steel plans to quadruple its capacity to 3.5mn tonnes
Egyptian Steel says it is pushing ahead with plans to quadruple its capacity despite long-standing currency and…
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Ahmed Abou Hashima
Egypt draws Foreign Investment as Economic Reforms kick in
More foreign companies are pledging to invest in Egypt, as the country begins to reap the benefits of economic…
Ahli United Bank secures EGP350 million for Egyptian Steel’s Loan
Ahli United Bank pumps EGP 350 million (US$45.8 million) in a loan arranged for one of Egyptian Steel Group’s…
Egyptian Gulf Bank Considers Pumping EGP120mn in NPSS’s Loan
Egyptian Gulf Bank (EGB) is considering contributing in National Port Said Steel Company (NPSS) loan with stake…
Egypt-Qatar Business Council Suspended from Operations; Says Abou Hashima
The Egyptian-Qatari Business Council chaired by Dr. Moharram Helal was suspended from operations ten days ago, said…
Egypt’s Steel Tycoon Abou Hashima Contributes EGP50mn to Sisi’s Fund
Egypt's steel tycoon Ahmed Abou Hashima donates 50 million Egyptian pounds to the 'Long Live Egypt' Fund,…
Ahli United Contributes EGP400 million to National Port Said Steel’s Loan
Egypt's Ahli United Bank agreed to contribute around EGP 400 million to National Port Said Steel Company (NPSS)'s…
Egypt’s Steel Industry Files Anti-Dumping Claim against Imports
Egypt's steel companies have filed a petition against rebar and wire rod imports from China, Turkey and Ukraine,…
Egyptian Steel Plans IPO for 25-30% of Capital in 2015
Egyptian Steel Company, which currently produces 300 thousand tpa, is gearing up for converting into a public…
Egypt Steel Magnate Eyes Investments in Fertilizer, Mining But Lacks Enough Liquidity
Egypt’s rising star steel magnate Ahmed Abou Hashima says he is looking forward to making new investments within…