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Ezz Dekheila Steel acquires 18% stake in Egyptian Steel

Ezz Dekheila Steel Company, a subsidiary of “Ezz Steel”, the largest steel producer in the Arab world and Africa, acquired 18% of the Egyptian businessman “Ahmed Abou Hashima’s” stake in the “Egyptian Steel” Company.

The deal is worth EGP 2.5 billion, which will be financed from the company’s resources, according to a statement sent to the Egyptian Exchange, today, Sunday.