Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2011
Political and legal scrutiny involving Ahmed Ezz
After the 2011 Egyptian revolution, founder Ahmed Ezz faced proceedings concerning alleged profiteering and squandering of public funds. The case was reported as settled in 2018 for US$96 million. The episode brought scrutiny to the relationship between the company, political influence and Egypt’s steel industry.