Suez Steel
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Suez Steel
Suez Steel is a steel company located in Adabiya, Egypt. As of September 2006, Banque du Caire, which owns or owned up to 80% of Suez Steel's stock, has offered the stock for sale. The company's stock is listed on the Egypt stock exchange. It is now a subsidiary of military-linked National Service Products Organization The National Service Projects Organization (NSPO) manufactures military and civilian products and provide contracting services. It is subordinate to the Egyptian Ministry of Defense system, was its establishment in accordance with Presidential De ..., who owns 82% of the company. External linksEgyptian Ministry of Investment Suez Steel profile pageEgyptian Ministry of Investment article on the Bank of Cairo's propose ...
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Joint Stock
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited companies. In th ...
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Suez Governorate
Suez Governorate ( ar, محافظة السويس ) is one of the governorates of Egypt. It is located in the north-eastern part of the country and is coterminous with the city of Suez. It is situated north of the Gulf of Suez. Municipal divisions The governorate is divided into the following municipal divisions for administrative purposes, with a total estimated population as of July 2017 of 730,759. Population According to population estimates, in 2015 all 622,859 residents of the governorate lived in urban areas. With an urbanization rate of 100% the Suez Governorate is one of the most urbanized in the country, along with Cairo and Port Said. Industrial zones According to the Egyptian Governing Authority for Investment and Free Zones (GAFI), in affiliation with the Ministry of Investment (MOI), the following industrial zones are located in this governorate: *The industrial zone for light industries * North Ataka heavy industrial zone * West ataka heavy industrial zone *(New ...
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Steel
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ...
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Steel
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ...
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Egypt
Egypt ( ar, مصر , ), officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia via a land bridge formed by the Sinai Peninsula. It is bordered by the Mediterranean Sea to the north, the Gaza Strip of Palestine and Israel to the northeast, the Red Sea to the east, Sudan to the south, and Libya to the west. The Gulf of Aqaba in the northeast separates Egypt from Jordan and Saudi Arabia. Cairo is the capital and largest city of Egypt, while Alexandria, the second-largest city, is an important industrial and tourist hub at the Mediterranean coast. At approximately 100 million inhabitants, Egypt is the 14th-most populated country in the world. Egypt has one of the longest histories of any country, tracing its heritage along the Nile Delta back to the 6th–4th millennia BCE. Considered a cradle of civilisation, Ancient Egypt saw some of the earliest developments of writing, agriculture, ur ...
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Banque Du Caire
Banque du Caire is a bank in Egypt, founded in 1952; is one of the oldest and largest Egyptian banks providing its clients with an integrated and diversified package of banking services and products designed specifically to meet their needs. As a result of its efforts, the Bank received various awards over its six decades of operation. Banque du Caire (BdC) is one of Egypt’s deep-rooted and largest Banks, providing its retail, Small and Medium Enterprise (SMEs), Micro-enterprises, and corporate clients with a comprehensive range of banking solutions to meet their financial goals all tied together with some of the country’s leading digital solution offerings. The bank has worked on the institutionalization of microfinance across banks to promote financial inclusion. It also operates digital banking frameworks for both retail and corporate clients. The bank launched a corporate leasing venture in 2018, Cairo leasing Corporation (CLC). Banque du Caire also offers access to C ...
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Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ...
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National Service Products Organization
The National Service Projects Organization (NSPO) manufactures military and civilian products and provide contracting services. It is subordinate to the Egyptian Ministry of Defense system, was its establishment in accordance with Presidential Decree No. 32 of 1979 under President Anwar Sadat, and describes a device aimed at the "achievement of relative self-sufficiency of the main needs of the armed forces to ease the burden of management of the burden of the state with the introduction of excess production capacities in the local market and help in state economic development projects through a sophisticated industrial base productivity. See also * Economy of the Egyptian Armed Forces References Defence agencies of Egypt Defence companies of Egypt {{Africa-mil-stub ...
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Steel Companies Of Egypt
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other e ...
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