6. Ezz Steel
Sector: Industrials
Managing Director: Hassan Nouh
Market Value: $707 million
Sales: $2.7 billion
Profits: $215 million
Assets: $2.1 billion
Ezz Steel is one of the largest steel producers in the Middle East and North Africa. In 2022, the company produced 3.2 million tons of rebar and wire rod, and 1.8 million tons of flat steel used in engineering industries. The company, which has four plants across Egypt, is dual listed on the Egyptian Stock Exchange and the London Stock Exchange. The company’s founder, Ahmed Ezz, owns 60.7% of Ezz Steel. The company owns 64.1% of AL Ezz Dekheila Steel Co. – Alexandria.