1234infos
    Facebook Twitter Instagram YouTube
    Sunday, May 29
    Facebook Twitter Instagram LinkedIn YouTube RSS
    1234infos
    • Cryptocurrency News
      • Bitcoin News
      • Ethereum News
      • Binance Coin News
      • Ripple News
      • Altcoin News
      • Dogecoin News
      • Litecoin News
    • Blockchain News
    • Cryptocurrency Exchanges
    • Technologies
    • Crypto Guide
    • en English
      af Afrikaanssq Albanianam Amharicar Arabichy Armenianaz Azerbaijanieu Basquebe Belarusianbn Bengalibs Bosnianbg Bulgarianca Catalanceb Cebuanony Chichewazh-CN Chinese (Simplified)zh-TW Chinese (Traditional)co Corsicanhr Croatiancs Czechda Danishnl Dutchen Englisheo Esperantoet Estoniantl Filipinofi Finnishfr Frenchfy Frisiangl Galicianka Georgiande Germanel Greekgu Gujaratiht Haitian Creoleha Hausahaw Hawaiianiw Hebrewhi Hindihmn Hmonghu Hungarianis Icelandicig Igboid Indonesianga Irishit Italianja Japanesejw Javanesekn Kannadakk Kazakhkm Khmerko Koreanku Kurdish (Kurmanji)ky Kyrgyzlo Laola Latinlv Latvianlt Lithuanianlb Luxembourgishmk Macedonianmg Malagasyms Malayml Malayalammt Maltesemi Maorimr Marathimn Mongolianmy Myanmar (Burmese)ne Nepalino Norwegianps Pashtofa Persianpl Polishpt Portuguesepa Punjabiro Romanianru Russiansm Samoangd Scottish Gaelicsr Serbianst Sesothosn Shonasd Sindhisi Sinhalask Slovaksl Slovenianso Somalies Spanishsu Sudanesesw Swahilisv Swedishtg Tajikta Tamilte Teluguth Thaitr Turkishuk Ukrainianur Urduuz Uzbekvi Vietnamesecy Welshxh Xhosayi Yiddishyo Yorubazu Zulu
    1234infos
    Home » Anger and sadness in Egypt over the “demolition” of the iron and steel fortress

    Anger and sadness in Egypt over the “demolition” of the iron and steel fortress

    0
    By umer shafi on June 1, 2021 Politics

    The decision of the Egyptian Iron and Steel Company’s board of directors to close the company’s doors yesterday, Monday, and stop workers from attending factories located in the Helwan area, south of Cairo, in preparation for the company’s liquidation, sparked a state of sadness mixed with anger on social networking sites in Egypt.

    For the first time since its operation 67 years ago, the flame of the “blast furnace” of the largest iron factories in Egypt was extinguished. Security personnel entered the factory and cut off the gas from the last operating furnaces in it.

    Labor and union sources told “Masrawy” website that the company informed the workers not to come to the factory until an agreement was reached regarding workers’ compensation, which is revolving around a wide dispute. One thousand pounds for a worker.

    Wasting the wealth of Egypt

    Between sad about the company’s closure and angry at the decision-making, the pioneers of social networking sites interacted with the news of the company’s closure, and a large number of them expressed their sadness at the end of one of the largest castles of heavy industries in Egypt and the Arab world.

    On the other hand, anger dominated the statements of many observers due to what some described as the “blind intention” of the government to liquidate the old company like the rest of the major national companies in favor of major investors.

    Followers linked the abandonment of the company and the Egyptian regime’s abandonment of the islands of Tiran and Sanafir and Egypt’s rights to the Mediterranean gas, and finally its failure so far to stop Ethiopia’s construction of the Renaissance Dam, and the loss of Egypt’s rights in the Nile River. Some of them also linked the company’s age (67 years) to the history of The setback of June 1967, in which Egypt suffered a painful loss to Israel.

    Filter Company # Alhdid_oasalb Egypt ‘s oldest public sector companies and the displacement of 7,000 Egyptian workers at the same time Sisi has held the French Rafale aircraft deal which Athtajha Egypt and the Sisi provide 7000 jobs for French workers who are unemployed # Sd_alnhih
    pic.twitter.com/j0dqaqzaWf

    — Khaled New York (@KhaledEibid) June 1, 2021

    The symbolism of number 67 makes us think naturally of the setback,
    and this is considered a new setback by the builder of the modern state #iron_steel, it was possible to reform its administrative structure and save it from this black end,
    but it may be intended.
    God knows https://t.co/ZWV4W8oBhA

    – Ahmed Atalla (@avoucato) May 31, 2021

    Reject Parliament’s decisions

    Mustafa Bakri, a parliamentarian and media person close to power, poured in a number of tweets his anger on the Minister of Business Sector Hisham Tawfiq, who rejected the decisions of the House of Representatives on the liquidation, and refused even to attend the Council, and rejected all offers of reform and development as if he alone is the decision-maker in deciding the fate of one of the The largest iron and steel company in the Middle East, he said.

    Bakri sent several messages to the “liquidation minister,” as he described, including “that history will not show mercy to you because you took joy from the eyes of our grandchildren and our children who were brought up in love with this company.” And she says to you, you demolished our thick wall.

    We will not say goodbye to Helwan Iron and Steel Company, after it extinguished its last candle this morning with Firman Sultani from the Minister of Business Sector, who declared more than once that he hates the public sector and holds the immortal leader Abdel Nasser responsible for what he calls the ruin of the country.
    We will not say goodbye after the minister refused to listen to me

    – Mostafa Bakry (@BakryMP) May 31, 2021

    Resolutions of the House of Representatives, which rejected liquidation, demanded the formation of a fact-finding committee, and even refused to attend the House, as if it alone is the one who can decide the fate of one of the largest iron and steel companies in the Middle East.
    Yes, Helwan Iron and Steel will remain in our hearts and minds, raising its torches.

    – Mostafa Bakry (@BakryMP) May 31, 2021

    With Facebook
    Trust Aaamaala minister and every minister that our tears that bleed heartbreak Sttardek to the Day of Judgment, and it tells you you demolished our wall thick
    trust that history will not bless you because you kidnapped the joy of the eyes of our grandchildren and our children who were raised to love the company and belonging to it
    in one day said to me d Aziz Sidqi

    – Mostafa Bakry (@BakryMP) May 31, 2021

    Dispute over compensation

    For his part, Kamal Abbas, a member of the trade union committee and a former worker in the company, explained in press statements that workers rejected the decision of the Ministry of Manpower with Khaled El-Feki (head of the General Union of Workers in Metallurgical and Engineering Industries) that the minimum compensation should be 250 thousand pounds and the maximum amount 450 thousand.

    In turn, the workers announced in a demonstration hours before the announcement of the decision to stop production, adherence to the demands of the Trade Union Committee regarding compensation and financial dues, on top of which are the payment of compensation ranging between 400 thousand and 700 thousand pounds.

    Destruction of ovens

    Iron and Steel works with the technology of high-grade furnaces, which requires special procedures to stop the work of any furnace.

    And a member of the company’s board of directors had said in a press statement earlier that no board member could take responsibility for the decision to stop the furnaces in the company, which operates with technology that allows stopping only for maintenance purposes, because stopping the furnaces in non-maintenance cases means their demolition, which is what It means wasting public money of half a billion pounds per oven.

    A rich history

    The Iron and Steel Company is the first and largest company in the Middle East, and production began in 1961 according to a plan targeting the production of iron and steel with a capacity of 1.2 million tons annually, to be the first integrated complex for steel production in the Arab world with a capital of 21 million pounds, and the company is located on an area of ​​1700 acre.

    Last January, the extraordinary general assembly of the Egyptian Iron and Steel Company, headed by the Chairman of the Board of Directors of the Holding Company for Metal Industries, Mohamed El-Saadawi, decided to liquidate the Iron and Steel Company after 67 years of the establishment of the Iron and Steel Castle in Egypt and the Middle East.

    The liquidation decision came after many attempts to reform and stop the bleeding of losses, according to the association’s statement, as losses on 30/6/2020 amounted to about 8.5 billion pounds.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    NOUVELLES CONNEXES

    Algeria.. The President accepts the resignation of the government and assigns it to run business after the release of the results of the parliamentary elections

    Mercenaries and the army in Libya.. This is what the meeting in Berlin 2 differed on.

    A British destroyer pursued off Crimea.. Russia accuses London of breaching its waters and threatens a military response

    Comments are closed.

    Final Editied by manger373
    Recent Posts
    • DeFi Land raises $4.1M to launch decentralized finance game on Solana
    • The Bitcoin metric that flipped green just before $50K BTC price bull run is back
    • The largest cryptocurrency exchange in Spain is ready to take its platform global
    • US crypto exchange CrossTower expands to India
    • Solana rally mimicking Ethereum? Why a $500 SOL price target could be ‘conservative’
    Archives
    • September 2021
    • August 2021
    • June 2021
    • May 2021
    Categories
    • Art
    • Articles
    • Binance Coin News
    • Bitcoin News
    • Blockchain News
    • Champs
    • Crypto Guide
    • Cryptocurrency Exchanges
    • Cryptocurrency News
    • Culture
    • Dogecoin News
    • Economy
    • Ethereum News
    • Fields
    • Football
    • Freedom
    • Health
    • Internationale
    • Lifestyle
    • Litecoin News
    • More
    • News coverage
    • Photos
    • Politics
    • Sciences
    • Sports
    • Technologies
    • Technology
    • The technology
    About
    About

    Your source for the lifestyle news. This demo is crafted specifically to exhibit the use of the theme as a lifestyle site. Visit our main page for more demos.

    We're social, connect with us:

    Facebook Twitter Instagram YouTube LinkedIn RSS
    Popular Post
    September 9, 2021

    DeFi Land raises $4.1M to launch decentralized finance game on Solana

    September 9, 2021

    The Bitcoin metric that flipped green just before $50K BTC price bull run is back

    Flickr Photos
    Ascend
    terns
    casual
    riders on the storm
    chairman
    mood
    monument
    liquid cancer
    blue
    basement
    ditch
    stars
    Subscribe To Newsletter

    Email


    Copyright © 2022. by 1234infos.com
    • Home
    • Contact us
    • Privacy Policy
    • Terms and conditions

    Type above and press Enter to search. Press Esc to cancel.