11. Al Ezz Dekheila Steel Co. – Alexandria (EZDK)
Sector: Industrials
Managing Director: Raed El-Beblawy
Market Value: $583 million
Sales: $2.4 billion
Profits: $208 million
Assets: $2.1 billion
Previously known as Alexandria National Iron and Steel Co, AL Ezz Dekheila Steel Co.– Alexandria is a subsidiary of Ezz Steel. It is one of the largest steel manufacturing facilities in Egypt, with $2.4 billion in sales in 2022. Ezz Steel owns 64.1% of AL Ezz Dekheila Steel Co.– Alexandria, the National Investment Bank owns 8.2%, and the National Bank of Egypt owns 5.8%. The company’s subsidiaries include Ezz Flat Steel, Ezz Rolling Mills, and the Hadid for Industry, Trading, and Contracting Company (Contrasteel). The company acquired 18% of Egyptian Steel in 2022.