{"id":542740,"date":"2022-01-13T03:35:30","date_gmt":"2022-01-13T03:35:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/13\/air-supply-kima-ink-egp-260-mn-agreement-for-gas-factory-in-aswan-complex\/"},"modified":"2022-01-13T03:35:30","modified_gmt":"2022-01-13T03:35:30","slug":"air-supply-kima-ink-egp-260-mn-agreement-for-gas-factory-in-aswan-complex","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/13\/air-supply-kima-ink-egp-260-mn-agreement-for-gas-factory-in-aswan-complex\/","title":{"rendered":"Air Supply, Kima ink EGP 260 mn agreement for gas factory in Aswan complex"},"content":{"rendered":"<p><strong>Air Supply and K<\/strong><strong>ima ink agreement for new gas production project:<\/strong> Air Supply Group signed an EGP 260 mn agreement to construct, manage, and operate a medicinal gas factory at Kima\u2019s Aswan complex, <a href=\"https:\/\/hapijournal.com\/?p=170106\">Hapi Journal reported<\/a>. Some of the oxygen and nitrogen produced at the factory, which is set to start operating in 1Q2023, will go towards Kima\u2019s production of ammonia nitrate. Air Supply was founded in 2010 and <a href=\"https:\/\/eg.linkedin.com\/in\/airsupplygroup\">specializes i<\/a><a href=\"https:\/\/eg.linkedin.com\/in\/airsupplygroup\">n the production<\/a> of industrial and medical gasses as well as other chemicals.<\/p>\n<p><strong>The Central Bank of Egypt<\/strong> has <a href=\"https:\/\/ent.news\/2022\/1\/%D8%A8%D9%8A%D8%A7%D9%86-%D8%B5%D8%AD%D9%81%D9%8A-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%8A%D8%B7%D9%84%D9%82-%D9%85%D8%B1%D9%83%D8%B2-%D9%85%D8%AA%D9%83%D8%A7%D9%85%D9%84-%D9%84%D8%A3%D9%85%D9%86-%D8%A7%D9%84%D9%85%D8%B9%D9%84%D9%88%D9%85%D8%A7%D8%AA-.pdf\">established (pdf)<\/a> an <strong>information security center<\/strong> in a bid to bolster banks\u2019 <strong>cybersecurity<\/strong>.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li>The <strong>Suez Canal Authority<\/strong> <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2JM1T6\">wants to increase<\/a> its <strong>share of global energy trade<\/strong> to <strong>15% by 2040<\/strong>, up from 8% in 2019.<\/li>\n<li><strong>Elsewedy to light up the new capital: <\/strong>Elsewedy Electric for Trading and Distribution signed an EGP 443.4 mn <a href=\"https:\/\/ent.news\/2022\/1\/Elsewedy-Electric-english-.pdf\">contract (pdf)<\/a> to light the New Administrative Capital\u2019s South Ben Zayed Road.<\/li>\n<li><strong>E-waste recycling company <\/strong><strong>Recycle Key<\/strong> <a href=\"https:\/\/bit.ly\/3zSo6Dh\">will invest EGP 200 mn<\/a> to establish its second factory in the Sadat City Industrial Zone, set to be completed by the end of the year.<\/li>\n<li><strong>The National Telecom Regulatory Authority <\/strong>has <a href=\"https:\/\/ent.news\/2022\/1\/%D8%A7%D9%84%D8%AC%D9%87%D8%A7%D8%B2-%D8%A7%D9%84%D9%82%D9%88%D9%85%D9%8A-%D9%84%D8%AA%D9%86%D8%B8%D9%8A%D9%85-%D8%A7%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA-%D9%8A%D8%B5%D8%AF%D8%B1-%D8%A7%D9%84%D8%A5%D8%B7%D8%A7%D8%B1-%D8%A7%D9%84%D8%AA%D9%86%D8%B8%D9%8A%D9%85%D9%8A-%D9%84%D8%AA%D9%82%D8%AF%D9%8A%D9%85-%D8%AE%D8%AF%D9%85%D8%A7%D8%AA-%D8%A7%D9%86%D8%AA%D8%B1%D9%86%D8%AA-%D8%A7%D9%84%D8%A3%D8%B4%D9%8A%D8%A7%D8%A1-%D8%A8%D8%B3%D9%88%D9%82-%D8%A7%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A.pdf\">issued (pdf)<\/a> the <strong>regulatory <\/strong><strong>framework<\/strong> for the provision of <strong>Internet of Things (IoT) services<\/strong>.<\/li>\n<li><strong>Land reclamation: <\/strong>More than 2 mn feddans of agricultural land will be reclaimed in the next two years, President Abdel Fattah El-Sisi has <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=13012022&id=a90c1c37-bd76-40cb-a1f1-ab58223bfa33\">reportedly<\/a> said.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Air Supply and Kima ink agreement for new gas production project: Air Supply Group signed an EGP 260 mn agreement to construct, manage, and operate a medicinal gas factory at Kima\u2019s Aswan complex, Hapi Journal reported. Some of the oxygen and nitrogen produced at the factory, which is set to start operating in 1Q2023, will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[96,97,111,271,377,152,72,376,378,7103],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-542740","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-abdel-fattah-el-sisi","tag-agriculture","tag-also-on-our-radar","tag-central-bank-of-egypt","tag-cybersecurity","tag-elsewedy-electric","tag-enterpriseam","tag-internet-of-things","tag-national-telecom-regulatory-authority","tag-suez-canal","wpautop","entry"],"acf":{"mongo_id":"b7f4f013-350b-42dc-99fc-49658f1ebfa4","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[542723],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Air Supply, Kima ink EGP 260 mn agreement for gas factory in Aswan complex - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/13\/air-supply-kima-ink-egp-260-mn-agreement-for-gas-factory-in-aswan-complex\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Air Supply, Kima ink EGP 260 mn agreement for gas factory in Aswan complex\" \/>\n<meta property=\"og:description\" content=\"Air Supply and Kima ink agreement for new gas production project: Air Supply Group signed an EGP 260 mn agreement to construct, manage, and operate a medicinal gas factory at Kima\u2019s Aswan complex, Hapi Journal reported. Some of the oxygen and nitrogen produced at the factory, which is set to start operating in 1Q2023, will [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/13\/air-supply-kima-ink-egp-260-mn-agreement-for-gas-factory-in-aswan-complex\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-13T03:35:30+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/13\/air-supply-kima-ink-egp-260-mn-agreement-for-gas-factory-in-aswan-complex\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/13\/air-supply-kima-ink-egp-260-mn-agreement-for-gas-factory-in-aswan-complex\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Air Supply, Kima ink EGP 260 mn agreement for gas factory in Aswan complex\",\"datePublished\":\"2022-01-13T03:35:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/13\/air-supply-kima-ink-egp-260-mn-agreement-for-gas-factory-in-aswan-complex\/\"},\"wordCount\":249,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Abdel Fattah El Sisi\",\"agriculture\",\"ALSO ON OUR RADAR\",\"Central Bank of Egypt\",\"cybersecurity\",\"Elsewedy Electric\",\"EnterpriseAM\",\"internet of things\",\"National Telecom Regulatory Authority\",\"Suez Canal\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/13\/air-supply-kima-ink-egp-260-mn-agreement-for-gas-factory-in-aswan-complex\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/13\/air-supply-kima-ink-egp-260-mn-agreement-for-gas-factory-in-aswan-complex\/\",\"name\":\"Air Supply, Kima ink EGP 260 mn agreement for gas factory in Aswan complex - 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Last year\u2019s directive from President Abdel Fattah El Sisi to establish Egypt\u2019s green hydrogen strategy\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630030,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/kima-signs-egp-7-bn-syndicated-loan-to-finance-aswan-fertilizer-production-facility\/","url_meta":{"origin":542740,"position":1},"title":"KIMA signs EGP 7 bn syndicated loan to finance Aswan fertilizer production facility","author":"enterpriseam admin","date":"10 April 2018","format":false,"excerpt":"KIMA signs EGP 7 bn syndicated loan to finance Aswan fertilizer production facility: The Egyptian Chemical Industry Company (KIMA) signed on Thursday a EGP 7 bn syndicated loan agreement to finance its ammonia and urea production facility in Aswan, according to a statement (pdf). The agreement is an amendment to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":658921,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/19\/financing-negotiations-back-on-for-feerums-long-awaited-silo-factory-plus-kima-al-sharq-general-motors-chevron\/","url_meta":{"origin":542740,"position":2},"title":"Financing negotiations back on for Feerum\u2019s long-awaited silo factory. PLUS: Kima + Al Sharq, General Motors, Chevron","author":"enterpriseam admin","date":"19 January 2025","format":false,"excerpt":"The project now carries a revised price tag of EGP 2.5 bn, up from EGP 1.6 bn previously","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1193.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563052,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/16\/shocking-nobody-kima-needs-to-restructure-its-debts\/","url_meta":{"origin":542740,"position":3},"title":"Shocking nobody, Kima needs to restructure its debts","author":"enterpriseam admin","date":"16 June 2021","format":false,"excerpt":"The Egyptian Chemical Industries (Kima) is in talks with a syndicate of six local banks to restructure EGP 6.8 bn in outstanding debt, the state-owned company said in a regulatory filing (pdf) on Monday. Kima did not name the banks involved in the transaction, which it says has been approved\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/219.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558950,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/03\/also-on-our-radar-on-3-january-2021\/","url_meta":{"origin":542740,"position":4},"title":"Also on our radar on 3 January 2021","author":"enterpriseam admin","date":"3 January 2021","format":false,"excerpt":"Other business news from the weekend that we\u2019re keeping an eye on: Orascom Construction is distributing an interim dividend of USD 0.21 per share later this month.The first public auction to sell stores in the new administrative capital\u2019s third residential neighborhood (R3) launched last week, with 18 shops sold. The\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642552,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/kima-in-talks-with-banks-to-acquire-additional-financing-for-kima-2-in-aswan\/","url_meta":{"origin":542740,"position":5},"title":"KIMA in talks with banks to acquire additional financing for KIMA 2 in Aswan","author":"enterpriseam admin","date":"16 August 2017","format":false,"excerpt":"The Egyptian Chemical Industries Holding Company (KIMA) is in talks with the banks financing its KIMA 2 fertilizer production facility in Aswan to acquire additional funding, Chairman Yasser El Naggar tells Al Masry Al Youm. The banks in question \u2014 National Bank of Egypt, Banque Misr, Banque Du Caire, Arab\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/542740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=542740"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/542740\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/542723"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=542740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=542740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=542740"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=542740"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=542740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}