Complex Made Simple

Egypt set for decision on Ezz Steel

Egypt's trade and industry minister, Mahmoud Eisa has said a decision could be reached in weeks on the fate of operating licences for Ezz Steel and other firms, Reuters has reported. The government wants to make sure the companies paid fines imposed by a recent court ruling, and wants them to keep the operating licences taken from them by the ruling because that scenario would best serve the companies, the state and the workers involved, Eisa said.