El-Masryeen Steel pumps additional EGP 600m in Egyptian market
Egyptian market
Cairo - MENA
The El Masryeen Steel Company has increased its capital from EGP 1.7 billion to EGP 2.3 billion.
The increase comes as part of expansion plans and a rise in investments of the company in the Egyptian market, said Wael Farouk, the head of the financial sector at El Masryeen Steel, Monday.
El Masryeen Steel has four factories in Alexandria, Port Said, Beni Sweif and Ain Sokhna that produce a total of 2.2 million tons annually.
- Sunday ,09 December GMT 12:33 2018 Egypt's decision to adjust customs' duties on luxury goods to benefit economy
- Wednesday ,05 December GMT 21:03 2018 Bahrain's economic delegation concludes successful India visit
- Thursday ,29 November GMT 20:20 2018 Japan funds project to enhance water quality project in Palestinian town
- Wednesday ,28 November GMT 09:50 2018 Egypt, Saudi Arabia to strengthen economic ties in coming phase
GMT 19:07 2018 Friday ,14 December
Lebanese PM flags up Saudi investment potential, financial tiesGMT 21:16 2018 Thursday ,13 December
Egypt, Algeria sign MoU to increase trade exchangeGMT 12:33 2018 Sunday ,09 December
Egypt's decision to adjust customs' duties on luxury goods to benefit economyGMT 21:03 2018 Wednesday ,05 December
Bahrain's economic delegation concludes successful India visitGMT 10:58 2018 Sunday ,02 December
Egypt’s total public investments record EGP 72 bln in Q1GMT 14:23 2018 Friday ,30 November
Saudi Arabia pledges $50 million to UNRWAGMT 20:20 2018 Thursday ,29 November
Japan funds project to enhance water quality project in Palestinian townGMT 09:50 2018 Wednesday ,28 November
Egypt, Saudi Arabia to strengthen economic ties in coming phaseRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 10:57 2017 Wednesday ,18 October
Leipzig claim landmark Champions League success
GMT 14:23 2018 Friday ,30 November
Saudi Arabia pledges $50 million to UNRWAGMT 15:54 2012 Wednesday ,05 September
Yemeni donor\'s conference in Riyadh needs $11 billion
GMT 08:13 2017 Friday ,28 July
PM allocates plots of land for service facilities
GMT 12:45 2017 Tuesday ,19 December
K-pop star joins the ill-fated '27 Club'
GMT 10:43 2017 Wednesday ,27 September
Saudi Arabia to allow women to driveGMT 17:29 2011 Tuesday ,21 June
Premier Wen vows tight supervision over pension funds
GMT 06:27 2017 Wednesday ,13 December
Dow, S&P 500 end at records as banking shares gain
GMT 13:41 2016 Wednesday ,26 October
Bee Gees' Gibb eyes Justin Timberlake collaboration
GMT 18:58 2012 Wednesday ,11 January
Saudi\'s Safco posts 25% rise in Q4 net profit
GMT 14:44 2017 Tuesday ,11 April
British DJ to perform world's highest gig on Everest
GMT 16:08 2017 Monday ,23 October
Russian journalist stabbed, assailant held: editor
GMT 21:19 2018 Sunday ,25 November
Mercedes-Benz recalls vehicles in China with faulty camera software
GMT 08:36 2018 Monday ,29 October
Israeli, Finnish scientists win 1 mln USD for innovation in alternative fuels
GMT 11:33 2016 Tuesday ,12 January
Doctors' strike causes major disruption at UK hospitals
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor