Abu Qir Fertilizers
The company explained in a statement to the Egyptian Stock Exchange, Wednesday, that a promotion contract was signed with CI Capital to promote and cover initial public offerings (IPOs), EFG Hermes to promote and cover the subscription, and Al Ahly Pharos to promote and cover the subscription in securities.
EFG Hermes and Citi will manage the sale of a stake in Alexandria Container and Cargo Handling, the official who spoke on condition of anonymity said.
Egypt’s chemical exports increased by 37 percent to $1.7 billion in the first five months of 2017 compared to $1.2 billion year-on-year.