Ahmed Ezz’s stake in Ezz Steel nears $840 million
Ezz Steel’s scale positions it as an industry leader, surpassing competitors like Saudi Arabia’s Hadeed and Emirates Steel.
Related
Ahmed Ezz’s stake in steel company nears $1 billion
This marks a rebound from the previous month, when his stake had fallen below $970 million, signaling a strong recovery in his financial position.
Egyptian steel magnate Ahmed Ezz loses $32 million from Ezz Steel stake
This represents a sharp reversal from the recent highs recorded in February, when the market value of his stake had surged to nearly $1 billion.
Egyptian steel tycoon Ahmed Ezz makes over $37 million from Ezz steel stake
With an output surpassing 5 million metric tonnes each year, Ezz Steel continues to outperform regional rivals like Saudi Arabia's Hadeed and Emirates Steel.
Egyptian steel tycoon Ahmed Ezz recovers $110 million following 2024 decline
Ezz, who owns 360.7 million shares — representing a 66.4 percent stake in Ezz Steel — has seen the value of his shares rise from $815.18 million to $925.94 million.
Latest
Adrian Gore-linked Discovery Life pays $593 million in claims
The company paid out R11.5 billion ($593 million) in benefits, with wellness incentives and living benefits surpassing traditional death claims for the first time.
Duncan Wanblad's Anglo American faces hurdle in $3.5 billion deal
Anglo American is also navigating a strategic overhaul, including a potential listing of its diamond business, De Beers.
Kola Karim eyes big cashout from Mota-Engil’s DBN Energies takeover
Mota-Engil, a Portuguese construction firm, plans to acquire DBN Energies, an oil infrastructure specialist, from Kola Karim.
Ibidapo Lawal unveils $150 million-a-year aluminum plant in Nigeria
The plant, which is expected to generate $150 million in annual revenue once fully operational, will play a significant role in boosting Nigeria’s industrial sector.