{"id":622886,"date":"2018-10-15T04:02:33","date_gmt":"2018-10-15T04:02:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/abu-qir-looks-to-invest-egp-3-bn-in-fy2018-19\/"},"modified":"2018-10-15T04:02:33","modified_gmt":"2018-10-15T04:02:33","slug":"abu-qir-looks-to-invest-egp-3-bn-in-fy2018-19","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/abu-qir-looks-to-invest-egp-3-bn-in-fy2018-19\/","title":{"rendered":"Abu Qir looks to invest EGP 3 bn in FY2018-19"},"content":{"rendered":"<p>Abu Qir Fertilizers & Chemicals Industries is planning to invest EGP 3 bn this fiscal year in several projects, including setting up an acid and nitrates production facility, he company\u2019s chairman and managing director, <a href=\"https:\/\/www.almalnews.com\/Story\/393853\/11\/%D8%A3%D8%A8%D9%88-%D9%82%D9%8A%D8%B1-%D9%84%D9%84%D8%A3%D8%B3%D9%85%D8%AF%D8%A9-%D8%AA%D8%B3%D8%AA%D9%87%D8%AF%D9%81-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-3-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AC%D9%86%D9%8A%D9%87\">Saad Ibrahim Abo El-Maati, told Al Mal<\/a>. The facility will be funded through a loan the company recently received from a consortium of local and international banks. Abu Qir had invested EGP 2 bn last FY.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abu Qir Fertilizers &#038; Chemicals Industries is planning to invest EGP 3 bn this fiscal year in several projects, including setting up an acid and nitrates production facility, he company\u2019s chairman and managing director, Saad Ibrahim Abo El-Maati, told Al Mal. The facility will be funded through a loan the company recently received from a [&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":[7255],"tags":[72,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622886","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"8f4d14d2-4c4b-4f60-93bf-458abccff745","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Abu Qir looks to invest EGP 3 bn in FY2018-19","related_issue":[622859],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.78d03719-051d-4270-b766-a8333468b4a9.mp3"},"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>Abu Qir looks to invest EGP 3 bn in FY2018-19 - 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\/2018\/10\/15\/abu-qir-looks-to-invest-egp-3-bn-in-fy2018-19\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abu Qir looks to invest EGP 3 bn in FY2018-19\" \/>\n<meta property=\"og:description\" content=\"Abu Qir Fertilizers &amp; Chemicals Industries is planning to invest EGP 3 bn this fiscal year in several projects, including setting up an acid and nitrates production facility, he company\u2019s chairman and managing director, Saad Ibrahim Abo El-Maati, told Al Mal. The facility will be funded through a loan the company recently received from a [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/abu-qir-looks-to-invest-egp-3-bn-in-fy2018-19\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-15T04:02:33+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/abu-qir-looks-to-invest-egp-3-bn-in-fy2018-19\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/abu-qir-looks-to-invest-egp-3-bn-in-fy2018-19\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Abu Qir looks to invest EGP 3 bn in FY2018-19\",\"datePublished\":\"2018-10-15T04:02:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/abu-qir-looks-to-invest-egp-3-bn-in-fy2018-19\/\"},\"wordCount\":78,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Manufacturing\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/abu-qir-looks-to-invest-egp-3-bn-in-fy2018-19\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/abu-qir-looks-to-invest-egp-3-bn-in-fy2018-19\/\",\"name\":\"Abu Qir looks to invest EGP 3 bn in FY2018-19 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-10-15T04:02:33+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/abu-qir-looks-to-invest-egp-3-bn-in-fy2018-19\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/abu-qir-looks-to-invest-egp-3-bn-in-fy2018-19\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/abu-qir-looks-to-invest-egp-3-bn-in-fy2018-19\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Abu Qir looks to invest EGP 3 bn in FY2018-19\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Abu Qir looks to invest EGP 3 bn in FY2018-19 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/abu-qir-looks-to-invest-egp-3-bn-in-fy2018-19\/","og_locale":"en_US","og_type":"article","og_title":"Abu Qir looks to invest EGP 3 bn in FY2018-19","og_description":"Abu Qir Fertilizers & Chemicals Industries is planning to invest EGP 3 bn this fiscal year in several projects, including setting up an acid and nitrates production facility, he company\u2019s chairman and managing director, Saad Ibrahim Abo El-Maati, told Al Mal. 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The funding will be used to clear bottlenecks in acid and nitrate plants. The company is also expected to inaugurate its industrial waste treatment project\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":[]},{"id":600604,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/04\/earnings-watch-abu-qir-fertilizers-credit-agricole\/","url_meta":{"origin":622886,"position":1},"title":"Earnings Watch: Abu Qir Fertilizers, Credit Agricole","author":"enterpriseam admin","date":"4 February 2019","format":false,"excerpt":"EARNINGS WATCH- Abu Qir Fertilizers\u2019 net profits rose 32.4% y-o-y in 1H2018-19, which ended in December, to EGP 1.7 bn, the company announced in an EGX filing. Revenues were up 19.6% y-o-y, rising to EGP 5 bn. The figures come at a welcome as the company prepares to sell a\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":605347,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/earnings-watch-abu-qir-fertilizers-mopco\/","url_meta":{"origin":622886,"position":2},"title":"Earnings watch: Abu Qir Fertilizers + Mopco","author":"enterpriseam admin","date":"29 August 2023","format":false,"excerpt":"EARNINGS WATCH- Abu Qir Fertilizers\u2019 net income dipped to EGP 1.68 bn in 4Q 2022, down 19.5% y-o-y, according to the company\u2019s earnings release ( pdf ). The company\u2019s revenues dropped 0.7% y-o-y to EGP 4.3 bn during the quarter. On a full-year basis, Abu Qir reported EGP 14.6 bn\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632138,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/bamag-samcrete-consortium-drops-arbitration-case-against-abu-qir-fertilizers\/","url_meta":{"origin":622886,"position":3},"title":"Bamag-Samcrete consortium drops arbitration case against Abu Qir Fertilizers","author":"enterpriseam admin","date":"4 February 2018","format":false,"excerpt":"A Bamag-Samcrete consortium has dropped an arbitration case against Abu Qir Fertilizers with the Cairo Regional Centre for International Commercial Arbitration, Abu Qir said in a bourse filing on Thursday (pdf). The dispute, which was raised in December of last year, is over Abu Qir had enacting delay penalty clauses\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634754,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/earnings-watch-heliopolis-housing-and-abu-qir-fertilizers\/","url_meta":{"origin":622886,"position":4},"title":"Earnings watch: Heliopolis Housing and Abu Qir Fertilizers","author":"enterpriseam admin","date":"23 January 2018","format":false,"excerpt":"EARNINGS WATCH- Heliopolis Housing reported a 55% y-o-y decline in net profit after tax to EGP 59.2 mn in 1H2017\/18, down from EGP 132 mn during the same period last year, according to a regulatory filing (pdf). The company explained that the dip in profit came as it paid for\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":627296,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/29\/cihc-hopes-to-raise-over-egp-3-bn-from-sale-of-stake-in-eastern-company-abu-qir-fertilizers\/","url_meta":{"origin":622886,"position":5},"title":"CIHC hopes to raise over EGP 3 bn from sale of stake in Eastern Company, Abu Qir Fertilizers","author":"enterpriseam admin","date":"29 July 2018","format":false,"excerpt":"CIHC hopes to raise over EGP 3 bn from sale of stake in Eastern Company, Abu Qir Fertilizers: The Chemical Industries Holding Company (CIHC) is hoping to raise more than EGP 3 bn from the sale of stakes in Eastern Company and Abu Qir Fertilizers on the EGX later this\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622886","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=622886"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622886\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/622859"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=622886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=622886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=622886"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=622886"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=622886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}