Egyptian steel tycoon Ahmed Ezz gains $71 million in 21 days as Ezz Steel shares see double-digit surge
The steelmaker’s share price has surged due to investor cherry-picking activities on the Egyptian Stock Exchange.
Ahmed Ezz
Egyptian tycoon Ahmed Ezz’s steel giant reports $152.87 million in profit for H1 2021
The leading steel manufacturer saw its profit grow from a loss of $176.43 million in H1 2020.
Ahmed Ezz sees stake in Ezz Steel surge by $69.2 million after acquiring additional 33.4-percent stake
The acquisition raised his ownership interest in the company to 65.7 percent from 32.29 percent.
Egyptian steel tycoon Ahmed Ezz acquires additional 33.4-percent stake in Ezz Steel
Ezz Steel is the largest steel company in Egypt, the Middle East and North Africa.