Company Name : Egyptian Iron & Steel
ISIN Code : EGS3D061C015
Reuters Code : IRON.CA
Content :
Disclosure Form of the company for the Board of Directors and the shareholders' structure for the period 30/09/2025, according to Article 30 of the Listing Rules.

The Disclosure Form (4,551 KB)

                                                                                                                        

The Chairman of the Egyptian Exchange Delivers a Lecture on the Basics of Investing in Stock Markets and Issues Certificates of Completion of the Trading Simulation Workshops

The Egyptian Exchange held an educational seminar at the Faculty of Economics and Political Science at Cairo University as part of its efforts to spread financial and investment awareness among young people and introduce them to the role of the stock market in supporting economic development and providing financing opportunities for projects.
Dr. Islam Azzam, Chairman of the Egyptian Exchange, attended by Dr. Hanan Mohamed Ali, Dean of the Faculty of Economics and Political Science, and Dr. Yasmine Gharib, Assistant Professor in the Department of Economics at the Faculty, delivered a lecture in which he reviewed the mechanisms of the stock market, the importance of long-term investment, and the tools and mechanisms currently available in the stock market, as well as those planned for launch in the coming period.
Dr. Islam Azzam also explained the role of the Exchange in promoting financial inclusion and encouraging savings through capital market tools. Azzam emphasized that the Exchange places special emphasis on educational and practical training programs for university students, based on its belief in the importance of building a new generation aware of the culture of responsible investment. Dr. Azzam stated that the new trading system enables the trading of carbon reduction certificates within the framework of the Egyptian Climate Exchange. He added that the exchange is paying increasing attention to the field of sustainability, especially with the growing interest of investors. Accordingly, the exchange is in the process of launching a sustainability standards index to meet investor demand.
Azzam also presented certificates of completion of the Egyptian Exchange Trading Simulation Program workshops to the participating students who successfully completed the workshops, appreciating their efforts and the level of positive engagement they demonstrated during the training.
This seminar is organized within the framework of the Egyptian Exchange's strategy aimed at enhancing financial and investment literacy among various segments of society, especially youth and university students, contributing to supporting the state's efforts towards achieving sustainable development.

Youm7-


The Federation of Small and Medium Enterprises Investors expects a significant increase in domestic investment rates in the coming months, following the Central Bank of Egypt's decision to cut interest rates by approximately 1% (100 basis points) at its last meeting. This brings the total reduction since the beginning of the year to approximately 6.25%. This move represents the most significant shift toward an accommodative monetary policy aimed at stimulating investment and local production.

Engineer Alaa Al-Saqti, Chairman of the Federation, said in statements today that this new reduction complements the easing path initiated by the Central Bank at the beginning of the year, following a long period of contractionary policies that raised financing costs and negatively impacted industrial and commercial activity.

Al-Saqti added that the decision represents a message of confidence in the Egyptian economy and reflects the state's drive to stimulate local investment as the primary driver of growth during the next phase. He explained that reducing interest rates by 6.25% starting in 2025 means a direct improvement in the cost of borrowing for small and medium-sized enterprises (SMEs), noting that every one percentage point of the reduction provides estimated annual savings of between EGP 2 and EGP 3 million for SMEs, depending on the size and nature of the financing.

He pointed out that this approach opens the door to injecting additional liquidity exceeding EGP 150 to EGP 200 billion into the local economy in the coming months, if it is directed to real productive and industrial projects rather than simply keeping it as bank deposits. He added that "funds that remain stagnant in banks do not create jobs or added value, while every pound invested in a machine or productive project returns returns to society many times over."

He warned against potential investment schemes that may emerge in the coming period under names such as "productive partnerships" or "collective investment," noting the need to verify legal entities, licenses, and operational plans before injecting any funding, to prevent the wave of investment activity from turning into chaos or financial losses for citizens.

The Federation President called on owners of small and medium-sized enterprises to take immediate action to exploit the interest rate cut to expand and modernize, emphasizing that the current phase distinguishes between the bold investor who shifts from saving to production, and those who are content to wait or hoard.

He pointed out that expanding the ownership and operation of productive assets today would be more beneficial to the nation and its citizens than continuing to rely on high interest rates that restrict liquidity within banks, emphasizing that "those who invest in machines today will own the market tomorrow."

Engineer Mohamed Shimi, Minister of the Public Business Sector, received Counselor Dr. Hussein Madkour, Head of the State Lawsuits Authority, at the ministry's headquarters in the Administrative Capital. A cooperation protocol was signed between the ministry and the authority, as part of enhancing integration, joint work, and continuous coordination between various state institutions.
Engineer Mohamed Shimi emphasized that this step represents a strengthening of relations between the Ministry of the Public Business Sector and the State Lawsuits Authority and is an example of fruitful cooperation between various state institutions to support sustainable development within the framework of Egypt's Vision 2030. He explained that this cooperation comes within the framework of the vital role played by the Ministry of the Public Business Sector in developing its subsidiaries and maximizing the use of state-owned assets.
For his part, Counselor Dr. Hussein Madkour, Head of the State Lawsuits Authority, emphasized that this protocol represents an important step towards activating cooperation between state institutions and reflects a great commitment to overcoming the challenges facing the authority's work.
The protocol addresses several important areas focused on enhancing cooperation between the two parties, including a range of services provided by companies affiliated with the ministry in areas such as contracting, tourism, and hotels, as well as maximizing the use of real estate assets of subsidiaries. The protocol was signed in the presence of Counselor Saeed Arafa, Legal Advisor to the Ministry of the Public Business Sector, and a number of leaders from the State Lawsuits Authority.

Al MAl-


The Central Bank of Egypt (CBE) withdrew EGP 131.6 billion in liquidity from the banking system on Tuesday through an open market deposit-linking auction, with 16 banks participating and an interest rate of 21.5%.
This operation aims to absorb surplus cash from commercial banks, a crucial measure among monetary policy tools to control inflation and ensure price stability.
This step comes as part of the CBE's efforts to enhance the efficiency of its tools, ensuring that the weighted average overnight interest rate in the interbank market remains consistent with the main operation rate (corridor average).
In a related context, the CBE previously announced a fundamental change to its liquidity management mechanisms, changing the method of accepting bids for the main deposit-linking operation from the "allocation method" to the "acceptance of all submitted bids" method.
This change is consistent with international best practices, allowing participating banks to deposit their full surplus liquidity at the announced rate (21.5%).
The CBE affirmed its continued flexibly managing liquidity to achieve the desired balance and enhance the impact of monetary policy decisions on the banking market.

(WAM)-


Blackstone, the world’s largest alternative asset manager, and Lunate, an Abu Dhabi-based global investment management firm with over US$110 billion in assets under management, today announced a strategic partnership to invest in logistics assets across the Gulf Cooperation Council region (GCC).

Under the partnership, Blackstone, which is the largest owner of logistics assets globally at over 1.2 billion square feet, and Lunate, which has an extensive regional network and investment capabilities, will establish Gulf Logistics Infrastructure Development Enterprise (GLIDE), a platform dedicated to the development, acquisition and management of Grade A logistics assets across the GCC.

It is expected that additional strategic partners in the GCC will also participate in GLIDE, which will have dedicated teams across the region, supporting its build-out.

Demand for logistics in the GCC is growing rapidly, driven by a number of factors including economic growth, rising e-commerce and manufacturing activity. At the same time, there is currently a significant gap in the availability of Grade A logistics facilities, featuring modern specifications, superior operational efficiency, and adherence to international standards, which is creating compelling investment opportunities in the region.

Targeting $5 billion in high-quality warehouse assets, GLIDE will seek to accelerate the development of logistics infrastructure in the GCC, focusing primarily on greenfield developments, complemented by selective portfolio acquisitions and sale and leaseback transactions with leading regional businesses.

“The profound economic transformation underway in the GCC, driven by pro-growth policies, favourable demographic shifts and broad-based economic diversification, is creating powerful momentum for sectors like logistics. We are thrilled to partner with Lunate to combine our investment expertise and deep logistics experience with their strong GCC presence and capabilities to build GLIDE, a pan-regional logistics platform at scale,” Jon Gray, President and Chief Operating Officer at Blackstone, said.

Khalifa Al Suwaidi, Managing Partner at Lunate, said, “GLIDE will offer our clients and investors access to compelling investments in high-quality logistics assets and support the development of new infrastructure to drive growth across the GCC. This partnership combines global scale with regional expertise to unlock a market ready for transformation.”

(WAM)-


Abdulla bin Touq Al Marri, Minister of Economy and Tourism and Chairman of the General Civil Aviation Authority (GCAA), met with Marc Borel, Acting Director-General of the French Directorate General of Civil Aviation (DGAC), during an official visit to Paris.

The meeting, attended by Fahad Saeed Mohammed Abdulla Al Raqbani, Ambassador of the United Arab Emirates to France, discussed ways to enhance cooperation and develop strategic partnerships between the two countries in the field of civil aviation and related industries.

During the meeting, Al Marri emphasised the strength of the bilateral relations between the UAE and France, noting that cooperation in the civil aviation sector encompasses a wide range of areas, including air transport services, aircraft manufacturing, and various supporting industries.

The two sides agreed on the importance of continuing joint efforts and exploring new opportunities for collaboration. The discussions also highlighted the importance of strengthening air transport links between the two countries, which serve as a key driver for the growth of economic and investment relations and support sectors benefiting from aviation, particularly tourism.

Civil aviation relations between the UAE and France continue to witness steady growth, with 58 weekly direct flights currently operating between their cities, reflecting the strength of their strategic partnership and their shared commitment to expanding cooperation in the aviation sector and its services.

(WAM)-


The Ministry of Finance (MoF), in cooperation with the Central Bank of the United Arab Emirates (CBUAE) and the UAE Embassy in Washington, is organising the UAE Banks Reception on the sidelines of the UAE’s participation in the 2025 Annual Meetings of the World Bank Group and the International Monetary Fund, which will be held in Washington, D.C., from 13th to 18th October 2025.

The event, taking place on 16th October, aims to strengthen strategic relations between national banks and their regional and international counterparts, in addition to building effective networks with investors from around the world. It also seeks to create direct communication opportunities among financial and banking institutions, investment companies, and relevant entities, contributing to showcasing the leading role of the UAE’s financial sector globally, opening new horizons for cooperation and knowledge exchange, and exploring opportunities for sustainable growth in the national banking sector.

Younis Haji AlKhoori, Under-Secretary of the Ministry of Finance, affirmed that the Ministry is keen to enable national banks to build strategic partnerships and expand cooperation with leading international institutions. These efforts, he said, support the UAE’s aspirations for sustainable growth in the financial sector and strengthen the country’s position as a regional and global financial hub within the international banking system.

AlKhoori said, “The UAE Banks Reception represents a key opportunity to enhance the country’s institutional presence within the world’s largest financial gatherings and to highlight the evolution of the UAE’s regulatory environment, which offers distinctive investment and banking opportunities. We look forward to meeting our partners at this important event, which serves as a vital platform for strengthening cooperation and opening new prospects for our financial sector to consolidate its global standing.”

He added, “The Ministry, in collaboration with its financial and banking partners, is keen to facilitate communication between national banks and international investors and to promote constructive dialogue with stakeholders in the global financial community. This supports financial knowledge exchange, the development of financing tools, and the expansion of channels that strengthen the national economy through active banking partnerships.”

AlKhoori concluded by emphasising that such events reflect the UAE’s commitment to strengthening international financial cooperation and translate the directives of its wise leadership to promote openness and collaboration. These efforts enhance the resilience of the financial system and support the achievement of the strategic objectives of the ‘We the UAE 2031’ vision.

The reception is supported and sponsored by several of the UAE’s leading financial institutions, including Dubai International Financial Centre (DIFC), Abu Dhabi Global Market (ADGM), First Abu Dhabi Bank (FAB), Emirates NBD, Abu Dhabi Commercial Bank (ADCB), Abu Dhabi Islamic Bank (ADIB), Dubai Islamic Bank, Commercial Bank of Dubai, Sharjah Islamic Bank, Ajman Bank, National Bank of Fujairah, RAKBANK, Mashreq Bank, and United Arab Bank.

This support reflects the commitment of UAE banking institutions to empowering the national financial sector and strengthening the country’s position as a leading global financial hub.

(WAM)-


The Abu Dhabi Chamber of Commerce and Industry (ADCCI), Abu Dhabi Global Market (ADGM), and Abu Dhabi Investment Office (ADIO), in partnership with key Abu Dhabi entities, are organising two flagship events in London to showcase investment opportunities provided by the Emirate’s dynamic economy.

The Abu Dhabi–London Business Connect, to be held on 8th October, and the Abu Dhabi Investment Forum (ADIF) on 9th October, underscore Abu Dhabi business and investment community’s commitment to broaden its international outreach and build on its long-standing relationships with global powerhouses.

The forums will gather senior representatives from across government and private sectors, including the Abu Dhabi Department of Economic Development (ADDED), the Abu Dhabi Securities Exchange (ADX) Group, Abu Dhabi Customs, Mubadala, Aldar, HSBC, Hub71, and other key stakeholders.

More than 40 homegrown private sector and family businesses from Abu Dhabi are joining the programme to explore scale up opportunities in new markets, including the United Kingdom, and to pursue partnerships and joint ventures with international counterparts.

Both events will showcase the Emirate’s dynamic investment landscape and highlight Abu Dhabi’s growing role as a rising economic powerhouse and strategic global investment hub. Delegates will also hold meetings with leading UK-based institutions.

Badr Al-Olama, Director-General of ADIO, said, “ADIO’s engagement in London underscores our commitment to strengthening investor partnerships and translating strategic alignment into concrete investment outcomes. We are focused on connecting global capital with the opportunities emerging across Abu Dhabi’s priority sectors, advancing long-term growth and value creation. Through the Abu Dhabi Investment Forum, we are expanding the exchange of investment, technology and expertise between our markets, underscoring Abu Dhabi’s position as a competitive, connected and forward-looking economy.”

With a vibrant entrepreneurial ecosystem, steady growth, and ambitious plans, Abu Dhabi has witnessed a 300% increase of foreign investments in a decade, and new economic licences skyrocketed by 196%.

Shamis Ali Al Dhaheri, Second Vice Chairman and Managing Director of the Abu Dhabi Chamber, said, “Abu Dhabi–London Business Connect is about outcomes. We give companies a clear route to set up, scale and export from Abu Dhabi through transparent rules, efficient licensing and direct access to partners and capital. Alongside this, we help Abu Dhabi companies explore expansion in the United Kingdom and enable United Kingdom firms to partner with their counterparts in our emirate and establish a base for growth—turning conversations into commitments and investment.”

The UK’s businesses presence in Abu Dhabi continues to grow, with 47% year-on-year growth in United Kingdom members of the Abu Dhabi Chamber in 2024. Meanwhile, over 40 UK institutions are based in ADGM, the largest and fastest growing international financial centre in the Middle East and North Africa (MENA).

Abu Dhabi and the UK also enjoy strong investment flows. Abu Dhabi’s institutions continue to invest in key sectors of the UK economy, including education, infrastructure, technology, and life sciences. Simultaneously, British companies are expanding their footprint in Abu Dhabi’s innovation-driven economy, particularly in financial services, education, and professional services.

(WAM)-


China’s foreign exchange reserves reached US$3.3387 trillion at the end of September, an increase of US$16.5 billion, or 0.5 percent, compared with the end of August, official data showed Tuesday.

The State Administration of Foreign Exchange attributed the growth to the combined effects of currency translation and changes in asset prices.

The administration noted that the US dollar index recorded mild fluctuations in September, while global financial asset prices generally rose.

Supported by stable economic performance, China remains well positioned to maintain the overall stability of its foreign exchange reserves, the administration added.

(WAM)-


Khalifa Economic Zones Abu Dhabi – KEZAD Group today announced that China Southern Glass (CSG), a global leader in energy-saving glass and advanced materials, will establish its first overseas intelligent manufacturing facility in the UAE.

The project represents an investment of AED300 million by CSG in ICAD 1, Musaffah, and will create 400 specialised and technical jobs, supporting the emirate’s ambition to drive industrial growth and economic diversification.

Located on a 95,000 square metre plot within ICAD 1, the facility will serve as CSG’s regional headquarters for the manufacture of high-performance energy-saving glass. Once operational, it will produce over 5 million square metres of coated, laminated, and insulating glass annually, supplying construction and infrastructure projects across the UAE, the wider Gulf, Europe, Africa, and the United States.

Abdullah Al Hameli, CEO, Economic Cities & Free Zones, AD Ports Group, said, “This investment by CSG is a strong vote of confidence in Abu Dhabi’s industrial strategy and KEZAD Group’s role as a hub for advanced manufacturing. By creating hundreds of jobs and localising the production of high-quality glass products, the project will strengthen Abu Dhabi’s industrial base, reduce reliance on imports, and open new opportunities across the value chain.

Leading sustainable international and regional businesses are choosing KEZAD to expand their presence in the Middle East, Africa and Asia region. CSG’s operations in Abu Dhabi will advance energy-efficient glass manufacturing, supporting the construction industry needs in the region, in alignment with the UAE’s green building and clean energy agenda.”

Wenxin Wang, Vice President & CFO, CSG Group, said, “Abu Dhabi offers the ideal platform for CSG’s first manufacturing venture in the Middle East. Through KEZAD Group, we gain access to world-class infrastructure, advanced logistics, and proximity to key regional and global markets.

With world-leading products and technologies, CSG’s energy-saving glass has already been widely applied in some of the most iconic landmarks worldwide. Our new factory will be equipped with fully intelligent, digitalised production lines and world-leading coating technologies, representing the forefront of the global glass manufacturing industry. Our new facility will not only deliver premium energy-saving glass for the UAE and Gulf but also contribute to the long-term development of the local industrial economy.”

The Abu Dhabi plant will feature automated and intelligent production lines using world-leading coating technology. The new facility is expected to begin operations in late 2026, supplying UAE developers with reliable, locally manufactured glass and reducing the region’s dependence on imports.

(WAM)-


The price of Kuwaiti oil went up by 90 cents to US$66.70 per barrel on Monday, compared to US$65.80 per barrel last Friday, said the Kuwait Petroleum Corporation on Tuesday.

In global markets, the price of Brent crude rose by 94 cents to $65.47 per barrel, while the West Texas Intermediate climbed up by 81 to $61.69 pb, according to the Kuwait News Agency (KUNA).

(WAM)-


Dubai Investments, a leading diversified investment company listed on the Dubai Financial Market (DFM), announced that it will double the float glass manufacturing capacity at its wholly owned subsidiary Emirates Float Glass (EFG) with the introduction of a second line.

The new line will increase EFG’s production capacity from 600 tonnes per day to 1,200 tonnes per day and introduce Ultra Clear low-iron glass, a first-of-its-kind capability in the MENA region that will set new standards in clarity, color accuracy, and premium quality.

This second float line is expected to be operational by late 2027 to early 2028 and will integrate advanced automation, energy-efficient systems, and next-generation process controls to ensure consistent product quality, operational reliability, and reduced energy consumption at scale. In addition, the line is designed to minimise environmental impact and optimise energy efficiency, aligning with Dubai Investments’ commitment to sustainable industrial growth.

Abdulaziz Bin Yakub Al Serkal, CEO – Industrial Platform, Dubai Investments, said, "The development of Emirates Float Glass’s second float line marks a pivotal step for the regional glass industry. By doubling production capacity and introducing Ultra Clear glass with unmatched clarity and performance, EFG strengthens the UAE’s position as a hub for advanced manufacturing. This expansion reflects EFG’s commitment to technology-driven products, industrial innovation, and sustainable growth, enabling the company to diversify into premium segments and deliver greater value to partners across construction, infrastructure, and design, while supporting Dubai Investments’ long-term industrial growth strategy."

This state-of-the-art facility will position EFG to capture growing demand from varied sectors, while creating significant opportunities across regional and international markets. The advanced production capability will further cement EFG’s position as a regional leader in high-performance glass and a trusted supplier to international markets seeking premium-quality, innovative products.

The project is being executed in collaboration with HORN Glass Industries of Germany, a globally recognised technology provider and the selected supplier of the glass melting furnaces and associated systems. It will also involve a UAE-based civil works contractor and an international contract administration firm, ensuring high standards of project delivery and oversight.

(WAM)-


Dr. Ahmad Belhoul Al Falasi, Minister of Sports and Chairman of the UAE Space Agency, affirmed that the UAE’s space sector is witnessing rapid growth, driven by sustained government support and the increasing participation of the private sector, noting that the country has invested approximately AED44 billion in this vital field.

In statements to the Emirates News Agency (WAM) on the sidelines of the Dubai Airshow 2025 press conference, Dr. Al Falasi said that the success of any country’s space sector largely depends on the success of its private sector. “Many nations began with major government investments, but simultaneously empowered the private sector to become an active partner in this journey-and today, we are following the same approach,” he added.

He explained that while the space sector inherently requires ongoing government backing alongside private participation, both remain complementary. “Over the past decade, the government bore most of the responsibility, but now we see the private sector taking on a greater role, from major corporations to the growing number of small and medium enterprises (SMEs),” he said.

Dr. Al Falasi highlighted the strong presence of Emirati private companies at both local and international events. Participation of SMEs in this year’s Dubai Airshow has doubled compared with previous editions, while the pavilion area dedicated to them has expanded by more than 60 percent, reflecting the country’s commitment to expanding national participation in the field. He added that UAE companies are expected to achieve wider global reach in the coming period.

The minister noted that this year’s exhibition will host 15 heads of international space agencies, making it a leading platform for advancing international cooperation in the space sector. “On the government side, we are holding bilateral and trilateral meetings with space agencies worldwide to explore areas of collaboration, while also enabling these agencies to learn about the capabilities of the UAE’s private space sector and identify partnership opportunities,” he said.

Dr. Al Falasi emphasised that international cooperation is essential for the success of the space industry, noting that the meetings held on the sidelines of the Airshow pave the way for new agreements and partnerships that will strengthen the UAE’s national space industries.

Regarding Emirati companies operating in the field, he explained that most currently focus on space applications that use artificial intelligence and data analytics to provide services to local entities, such as urban planning, environmental monitoring, and measuring temperature and groundwater, through the analysis of satellite imagery and the provision of accurate data to decision-makers.

He noted that this represents the natural first stage for SMEs entering the space sector, as it involves lower costs than satellite manufacturing. However, he pointed out that several Emirati companies have now started venturing into more advanced areas, such as the production of space components and satellite operations.

“The role of the UAE Space Agency is to provide a supportive legislative framework and logistical assistance to these companies, as well as to facilitate their access to intellectual property protection for their innovative products,” he further said.

Dr. Al Falasi concluded that the agency’s strategic objective is to position the UAE among the world’s top ten countries in attracting and hosting space-related companies by 2031, reinforcing its status as a global hub for space sciences and future technologies.