Steel, Egypt's largest steel producer, owns 50.3 percent of Ezz
Dekheila, according to its website.- Reuters
CAIRO -- 23 December 2018: Ezz
Elarab has acquired AVIS Egypt- the world-renowned car rental brand.
The committee decided to settle with Ezz
in return for a payment of EGP 1.7bn, including EGP 600m already recovered from abroad.
Sarah said in a statement that the court will be setting a date for Ezz
's appeal in the next few days, reported Al Jaras Magazine.
The Family Court in Cairo ordered authorities to officially register Ezz
, who is an Egyptian national, as the biological father of her two children now aged 18 months.
He also said Ezz
Steel's flat steel sales would not grow in the second half of 2008 because the international financial crisis had reduced demand.
Steel is also likely to benefit most from the easing cycle, with the interest rates cuts expected to positively affect financial performance, particularly in terms of reducing interest on debt, noted Mohamed Magdy, construction materials analyst at Prime Holding, indicating that around 50% of Ezz
Steel's debt is in Egyptian pounds and is estimated at around EGP 24m.
has put the entire years' legal drama behind him, he's now busy basking in the success of his currently-in-theaters film "Welad Rizk" (Risk's Children).
was the organisational secretary of the National Democratic Party under Mubarak.