Kima Archives

Shocking nobody, Kima needs to restructure its debts

The Egyptian Chemical Industries (Kima) is in talks with a syndicate of six local banks to restructure EGP 6.8 bn…

Kuwait’s sovereign wealth fund KIA is planning to acquire minority stakes in four to five companies in Egypt over the…

Arrests made as Sohag train crash death toll revised downwards: Eight people have been arrested over the collision of two…

Ibnsina Pharma’s net income tumbled 71% y-o-y in 4Q2020 to EGP 24.2 mn, down from EGP 83.2 mn in 4Q2019,…

Sarwa Capital’s net profit eased 9% to EGP 353 mn in 2020, from EGP 389 mn the year before, the…

Other business news from the weekend that we’re keeping an eye on: Orascom Construction is distributing an interim dividend of…

Your top infrastructure stories for the week include: The Egyptian Chemical Industries (Kima) and Italian Tecnimont have agreed to sign…

State-owned Kima will complete today trial runs at its recently-inaugurated fertilizer factory Kima 2 in Aswan, Vice President Waleed Mohamed…

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