Iron and Steel continues liquidation process negating receiving any sell offers

Sun, 28 Mar 2021 - 12:55 GMT

The company declared that what the Ukrainian company Fash Mash presented is nothing more than a review of the company's various divisions, nor is it a proposal to develop the company or a detailed plan to purchase it.

Fully explained for non-specialists: The split-up of the National Company for Iron and Steel

Mon, 18 Jan 2021 - 03:09 GMT

The National Company for Iron and Steel is going through a horizontal split-up, a difficult step that was met with widespread criticism, prompting the Cabinet to explain the decision in a statement.

Egyptian national company for Iron and Steel to be liquidated

Sat, 16 Jan 2021 - 03:52 GMT

On January 11, 2021, the General Assembly of the Helwan-based company took a decision to liquidate the company due to losses and huge debts.

Thomas Cook’s bankruptcy related to England branch only: Source

Mon, 23 Sep 2019 - 01:11 GMT

The source clarified to Egypt Today that the company’s branches in Germany, Belgium and Switzerland, are operating normally to date, and there is no news about their fate.

Egypt seeks to become regional digital hub: Sisi

Sat, 27 Apr 2019 - 05:06 GMT

President Abdel Fatah al-Sisi revealed on Saturday that Egypt is seeking to become a regional digital hub that transmits data between Asia, Africa, and Europe.

Last national cement company collapses after 62 years in operation

Mon, 10 Sep 2018 - 05:26 GMT

The National Company for Cement’s story sheds the light on the plights of the public sector, currently shared by at least another 30 companies locally.

'Exhausted' Toys 'R' Us suppliers weigh options as huge retailer shuts

Sat, 17 Mar 2018 - 11:22 GMT

payments to toy makers are at risk in a dramatic turn of events as the iconic toy retailer speeds toward U.S. liquidation.