Trans Oceans Tours (TRTO), Abu Qir
Fertilizers (ABUK) and Al Baraka Bank - Egypt (SAUD) were the top gainers of the session by 14.
A recent report issued by Pharos Research said that a rally in urea prices are expected to boost Abu Qir
Fertilisers in 2018.
This followed completion of the Abu Qir
complex, the biggest of four nitrogenous fertiliser production zones - the other three being in Suez, Talkha and Kima (near Aswan).
ThyssenKrupp Industrial Solutions in Egypt is investing E133 million ($156 million) to expand and develop the machinery of Abu Qir
Fertilizers, a report said.
Manama, July 21 (BNA): A delegation from Egypt's Abu Qir
Fertilisers and Chemical Industries visited the Gulf Petrochemical Industries Company (GPIC) to follow-up on the agreements signed during the recent visit of His Majesty King Hamad bin Isa Al Khalifa to Egypt.
MANAMA: Arab Fertilisers Association (AFA) chairman and Gulf Petrochemical Industries Company president Dr Abdulrahman Jawahery visited the Abu Qir
Fertilisers and Chemical Industries Company in Alexandria during a visit to Egypt.
In addition, the ministry has inked a memorandum of understanding with Italian railway company, Trenitalia, for the development of the Abu Qir
railway with USD 10 million in investments.
These include a pair of deals with China's AVIC International Holding Co worth $500m which will see the company build trains in Egypt, and an MoU to build a railway line with electric trains running from Alexandria to Abu Qir
with Italian firm Trenitalia.
bay is considered one of the most important Egyptian bays overlooking the coast of the Mediterranean.
Suez Cement, the Export Development Bank of Egypt, and Abu Qir
Alexandria - Saleh pointed out that the new system shows also includes the establishment of a center for exhibitions and conferences in Sharm El Sheikh The project includes the establishment of an international conference hall multipurpose.
Western Desert Petroleum (WEPCO), EGPC/Apache (50% acquired in early 2001 from Repsol which had bought this equity from Phillips of the US in 1998), was the first in the region to find oil at Alamein in 1966 and gas at Abu Qir