Mike Cormick

3859 Equity Ln

30127 Powder Springs, GA

United States

Egypt’s steel industry giant EZZ Steel to delist its shares from EGX

EZZ Steel, one of the fastest-growing steel producers in Egypt, is known for its technological advancements.

EZZ Steel has appointed BDO Keys Financial Advisory to perform a detailed valuation and assessment of a fair value for the shares.

The strategy also aims to reduce the ministry’s operational and maintenance burdens, particularly for large-scale infrastructure projects.

In a filing to the EGX, the company stated that the decision was approved during a board meeting held on December 7, 2024.

This brings the company’s total investment in the project to EGP 1.5 billion (USD 30.25 million), as stated in an interview with CNBC Arabia.

Construction Events

bauma 07.04.2025

WinDoorEx 15.05.2025

Big 5 Construct Egypt 17.06.2025

Egypt Projects 06.09.2025

Metal Steel Middle East 06.09.2025

Future Smart Cities 23.09.2025

Download the free 180 pages report