EGX suspends trading on Kima on discovery session

Cairo - Mubasher: The Egyptian Exchange (EGX) suspended trading on the stock of Egyptian Chemical Industries (Kima) on its price discovery session on Sunday.

On Saturday, the minister of housing, utilities and urban development, Mostafa Madbouly, said that Kima factories’ waste treatment projects are planned to be completed by the end of March 2017.

Kima previously announced its plans to finish upgrading the ammonia and urea production unit at Aswan by 12 November 2018, noting that the total investment cost of establishing two units for producing ammonia and urea totals EGP 592.4 million.

Mubasher Contribution Time: 29-Jan-2017 11:44 (GMT)
Mubasher Last Update Time: 29-Jan-2017 11:44 (GMT)