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11 Sep
01:00

Ezz Steel signs port deal to facilitate raw materials imports

Ezz Steel has signed an agreement with Egyptian port terminal operator DP World Sokhna for the development of infrastructure at the port to receive raw materials for its Ezz Rolling Mills (ERM) subsidiary. Contrary to reports in the Egyptian press, the agreement was signed by ERM’s management and not by former chairman Ahmed Ezz who had been fighting charges of money laundering, illicit gains and other corruption charges since 2011 until his successful…
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