Chemical Industries Holding Company
The project cost LE 11.6 billion; 62 percent of which was bank funding and the rest was provided by contributors.
A wrap-up of the most prominent business news of the day.
The return from the offering of the Eastern Tobacco Company’s shares will be directed to restructure and develop the subsidiaries of the Holding Company.
KIMA 2 is expected to be finished by the end of 2018 with a cost of LE 11.6 billion.
Chemical Industries Chief Executive Officer expected the offering of the shares to take place during the current year.