
Egyptian metals magnate Ahmed Ezz’s steel company cuts rebar prices again
Egyptian billionaire and prominent industrialist Ahmed Ezz owns 60.7 percent of Ezz Steel (or 329,816,198 shares).
Egyptian billionaire and prominent industrialist Ahmed Ezz owns 60.7 percent of Ezz Steel (or 329,816,198 shares).
Despite this significant downturn, Ezz remains a top figure in Egypt’s business landscape.
Ezz, an influential figure in the Egyptian industrial landscape, currently owns 60.7 percent of Ezz Steel, equivalent to 329,816,198 shares.
His stake, which translates to a total of 329,816,198 shares in the steel giant, has solidified his position among the richest investors on the Egyptian Exchange.
Ezz owns 60.7 percent of Ezz Steel, which translates to 329,816,198 shares in the steel behemoth.
This reduction in its share price has brought the company’s market cap. below $1.5 billion, resulting in substantial losses for shareholders, including Ezz.
Prior to the transaction, Ezz held a commanding 60.71-percent stake.
Ezz owns a 60.7 percent of the company, or 329,816,198 shares, in the steel behemoth.
Egyptian billionaire Ahmed Ezz’s stake in Ezz Steel surpasses $830-million mark.
Ezz, a leading Egyptian industrialist, owns a 60.7-percent stake in Ezz Steel, or 329,816,198 shares.
Ezz, a prominent Egyptian industrialist, holds a 60.7-percent stake in Ezz Steel, equivalent to 329,816,198 shares in the steel behemoth.
Ezz, a leading Egyptian industrialist, owns a 60.7-percent stake in Ezz Steel, equating to 329,816,198 shares in the steel behemoth.
Ezz, a leading Egyptian industrialist, owns a 60.7-percent stake in Ezz Steel, equating to 329,816,198 shares in the steel behemoth.
Ezz, a leading Egyptian industrialist, owns 60.7 percent of Ezz Steel, which translates to 329,816,198 shares in the steel behemoth.
Ezz owns 60.7 percent of Ezz Steel, making him one of the richest investors on the Egyptian Exchange and one of Egypt’s wealthiest men.
Ezz holds a majority 60.7-percent stake in Ezz Steel, or 329,816,198 shares.