Company: Al-Ezz Dekheila Steel Co.
Country: Egypt
Sector: Steel
CEO: Farouk Zaki Ibrahim (Chairman, Al-Ezz Dekheila); Paul Chekaiban (Chairman and Managing Director, parent group Ezz Steel)
Website: https://www.ezzsteel.com/
Careers Page: https://www.ezzsteel.com/about-ezz-steel/ezz-steel-people/careers-with-ezz-steel
LinkedIn: Not publicly listed
Email: info@ezzsteel.com
Headquarters: The Corporate Building, Four Seasons Nile Plaza, 1089 Corniche El-Nil, Garden City, Cairo, Egypt
Founded: 1982 (originally established as Alexandria National Iron and Steel Company)
Valuation/Revenue: $2,153m revenue (African Business Top 250, 2025 ranking); parent group Ezz Steel states over $5.9bn invested cumulatively and combined annual production capacity of about 7 million tonnes of steel across its plants
Al-Ezz Dekheila Steel Company is a major Egyptian steelmaker based in Alexandria, and one of the core operating subsidiaries within the Ezz Steel group — the largest steel producer in Egypt and, by the company’s own account, in the wider Middle East and North Africa region. It produces long and flat steel products including reinforced rebar and wire rod used extensively in construction and infrastructure across Egypt.
What Does Al-Ezz Dekheila Steel Do?
The company operates integrated steelmaking facilities that convert raw materials into finished steel products, primarily reinforced steel bars (rebar) and wire rod for the construction sector, plus flat steel products used in manufacturing and industrial applications. As part of the broader Ezz Steel group, it benefits from shared technical expertise and market access across the group’s roughly 7-million-tonne combined annual production capacity spread across multiple integrated plants in Egypt.
Who Owns Al-Ezz Dekheila Steel?
Ownership has shifted meaningfully in recent years. As of March 2023, Al-Ezz Dekheila was around 64%-owned by parent company Ezz Steel, with the Egyptian government holding roughly 20% and other state-owned enterprises holding about 14%. In July 2023, Ezz Steel acquired the Egyptian government’s approximately 31% combined stake in the company for $241 million, lifting Ezz Steel’s ownership to above 90% — a significant step toward full private consolidation of the subsidiary and a notable privatization transaction within Egypt’s industrial sector. Ezz Steel itself is majority-owned by Egyptian businessman Ahmed Ezz, who holds roughly 60.71% through Ezz Holding Company, with Bank of New York Mellon (representing depositary receipt holders) recorded as holding around 5.82%.
How Big Is Al-Ezz Dekheila Steel?
African Business magazine’s Top 250 African companies ranking for 2025 placed the company’s revenue at approximately $2.15 billion, reflecting its position as one of the largest industrial companies in Egypt and one of the biggest steel producers on the African continent. Its parent group, Ezz Steel, describes itself as MENA’s largest steel company and reports having invested a cumulative $5.9 billion in its operations, including around $120 million in corporate social responsibility projects, and employing over 10,000 steel professionals across the group.
Who Is the CEO of Al-Ezz Dekheila Steel?
Farouk Zaki Ibrahim has been identified as Chairman of Al-Ezz Dekheila specifically, while the parent Ezz Steel group’s Chairman and Managing Director is Paul Chekaiban, a professional executive brought in to lead operations. Founder and majority shareholder Ahmed Ezz remains the group’s controlling owner but has not always held direct operational management titles at every subsidiary level, reflecting a governance structure that separates ownership from some day-to-day executive roles.
Is Al-Ezz Dekheila Steel Still Operating in 2026?
Yes — the company remains an active, major steel producer. Its ownership consolidation (the government’s 2023 stake sale to Ezz Steel) reflects a strengthening of private control rather than any operational wind-down, and it continues to operate as a core production asset within the Ezz Steel group.
How Do I Apply for a Job at Al-Ezz Dekheila / Ezz Steel?
Ezz Steel maintains a dedicated careers section on its corporate website, listing opportunities across its steel plants and corporate offices in Egypt.
How Does It Compare to Other Egyptian Steel Producers?
Within Egypt, Ezz Steel (and its Al-Ezz Dekheila subsidiary) is the dominant private steel producer, competing with other domestic players and state-linked steel operations, as well as facing periodic competitive and trade-policy pressure from imported steel, particularly from Turkey and China, which has historically been a subject of Egyptian trade-protection measures given the strategic importance of domestic steel capacity to the country’s construction sector.
Links
Website: https://www.ezzsteel.com/
Careers Page: https://www.ezzsteel.com/about-ezz-steel/ezz-steel-people/careers-with-ezz-steel
LinkedIn: Not found
Email: info@ezzsteel.com
FAQ
What is Al-Ezz Dekheila Steel?
A major Egyptian steel producer based near Alexandria, and a core subsidiary of the Ezz Steel group.
Who owns Al-Ezz Dekheila Steel?
Parent company Ezz Steel owns more than 90% following a 2023 purchase of the Egyptian government’s remaining stake for $241 million.
Who controls Ezz Steel?
Ahmed Ezz, through Ezz Holding Company, holds roughly 60.71%, making him the controlling shareholder.
How much revenue does Al-Ezz Dekheila Steel generate?
Approximately $2.15 billion, per African Business magazine’s Top 250 African companies ranking for 2025.
Where is Al-Ezz Dekheila Steel headquartered?
Its corporate offices are in Garden City, Cairo, with production facilities in Alexandria.
How do I contact Ezz Steel?
By phone at +20 (2) 27989900 or email at info@ezzsteel.com.