{"id":558950,"date":"2021-01-03T03:45:17","date_gmt":"2021-01-03T03:45:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/03\/also-on-our-radar-on-3-january-2021\/"},"modified":"2021-01-03T03:45:17","modified_gmt":"2021-01-03T03:45:17","slug":"also-on-our-radar-on-3-january-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/03\/also-on-our-radar-on-3-january-2021\/","title":{"rendered":"Also on our radar on 3 January 2021"},"content":{"rendered":"<p><strong>Other business news from the weekend <\/strong>that we\u2019re keeping an eye on:<\/p>\n<ul>\n<li><strong>Orascom Construction<\/strong> <a href=\"https:\/\/ent.news\/2021\/1\/Interim-Dividend-Details-EN.pdf\">is distributing<\/a> an interim dividend of USD 0.21 per share later this month.<\/li>\n<li>The first public auction to sell stores in the <strong>new administrative capital\u2019s third <\/strong><strong>residential neighborhood (R3) <\/strong><a href=\"http:\/\/bit.ly\/2X1MnV9\">launched<\/a> last week, with 18 shops sold. The second auction will take place on 7 February.<\/li>\n<li><strong>Egyptian Chemical Industries (Kima) <\/strong>has <a href=\"http:\/\/bit.ly\/3rLG7yP\">completed<\/a> its EGP 11.6 bn <strong>Kima 2 <\/strong><strong>ammonia factory<\/strong> in Aswan which will have a production capacity of 1.2 tonnes per day of ammonia and 1.5k tonnes of granular urea.<\/li>\n<li>Tenders to set up three <strong>commercial + logistics parks in Qalyubia<\/strong> <a href=\"https:\/\/bit.ly\/3hDMTSM\">will be offered<\/a> to investors by the Supply Ministry\u2019s Internal Trade Development Authority in 2021.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>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 second auction will take [&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":[111,72,253,145,875,363],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-558950","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-enterpriseam","tag-kima","tag-logistics","tag-new-administrative-capital","tag-orascom-construction","wpautop","entry"],"acf":{"mongo_id":"cd1a4c69-296e-438d-bfab-a38827940236","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[558925],"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>Also on our radar on 3 January 2021 - 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\/2021\/01\/03\/also-on-our-radar-on-3-january-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Also on our radar on 3 January 2021\" \/>\n<meta property=\"og:description\" content=\"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. 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These include 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":582815,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/27\/ibnsina-to-invest-egp-200-this-year-plus-kima-e-finance-aman-luberef\/","url_meta":{"origin":558950,"position":1},"title":"Ibnsina to invest EGP 200 this year. Plus: Kima, e-finance, Aman, Luberef","author":"enterpriseam admin","date":"27 February 2023","format":false,"excerpt":"INVESTMENT-Ibnsina Pharma to invest up to EGP 200 mn in 2023: EGX-listed pharma player Ibnsina Pharma plans to invest as much as EGP 200 mn to add warehouses and strengthen its meds distribution network this year, IR director Mohamed Shawkytold Enterprise. The company could separately deploy more funds to its\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\/wp-content\/uploads\/2023\/02\/Ibnsina-Pharma-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542740,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/13\/air-supply-kima-ink-egp-260-mn-agreement-for-gas-factory-in-aswan-complex\/","url_meta":{"origin":558950,"position":2},"title":"Air Supply, Kima ink EGP 260 mn agreement for gas factory in Aswan complex","author":"enterpriseam admin","date":"13 January 2022","format":false,"excerpt":"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\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":563052,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/16\/shocking-nobody-kima-needs-to-restructure-its-debts\/","url_meta":{"origin":558950,"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":550172,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/17\/state-settles-disputes-with-international-firms-amid-efforts-to-attract-more-fdi\/","url_meta":{"origin":558950,"position":4},"title":"State settles disputes with international firms amid efforts to attract more FDI","author":"enterpriseam admin","date":"17 October 2022","format":false,"excerpt":"Gov\u2019t puts several int\u2019l disputes to bed: The state has settled disputes with international companies including Dutch Future Pipe and Italy\u2019s Maire Tecnimont, as it looks to improve the investment environment and attract more foreign inflows, according to a cabinet statement. 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