{"id":663017,"date":"2025-03-26T00:00:00","date_gmt":"2025-03-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/26\/fertilizer-player-agro-th-to-set-up-egp-5-bn-plant\/"},"modified":"2025-03-26T00:00:00","modified_gmt":"2025-03-26T00:00:00","slug":"fertilizer-player-agro-th-to-set-up-egp-5-bn-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/26\/fertilizer-player-agro-th-to-set-up-egp-5-bn-plant\/","title":{"rendered":"Fertilizer player Agro TH to set up EGP 5 bn plant"},"content":{"rendered":"<p class=\"tag-border-left\">MANUFACTURING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Agro TH to b<\/strong><strong>uild EGP 5 bn fertilizer plant in Sadat City: <\/strong>Local fertilizer player Agro TH plans to establish its second factory in Sadat City in partnership with an Omani investor with an estimated investment of EGP 5 bn, Chairman Hilal Al Deeb told <a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/%d8%a3%d8%ac%d8%b1%d9%88-%d8%aa%d9%89-%d8%a5%d8%aa%d8%b4-%d9%84%d9%84%d8%a3%d8%b3%d9%85%d8%af%d8%a9-%d8%aa%d8%b9%d8%aa%d8%b2%d9%85-%d8%aa%d8%af%d8%b4%d9%8a%d9%86-%d9%85%d8%b5%d9%86%d8%b9\/\" style=\"\" rel=\"noopener\">Al<\/a><a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/%d8%a3%d8%ac%d8%b1%d9%88-%d8%aa%d9%89-%d8%a5%d8%aa%d8%b4-%d9%84%d9%84%d8%a3%d8%b3%d9%85%d8%af%d8%a9-%d8%aa%d8%b9%d8%aa%d8%b2%d9%85-%d8%aa%d8%af%d8%b4%d9%8a%d9%86-%d9%85%d8%b5%d9%86%d8%b9\/\" style=\"\" rel=\"noopener\">Mal<\/a>. The plant, set for completion by 2028, will have an annual production capacity of 100k tons, with 15k tons earmarked for export to Sudan, the Democratic Republic of the Congo, Kenya, Tanzania, and Libya.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">HOSPITALITY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Hospitality giant Hilton will set up the continent\u2019s first <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.hilton.com\/en\/brands\/signia-by-hilton\/?WT.mc_id=zINDA0EMEA1MB2PSH3GGL4INTBPP5dkt6MULTIBR7_121127646_1003528_p81462745485&&&&&gad_source=1&gclid=Cj0KCQjwqIm_BhDnARIsAKBYcmvd-iiB7sEaWY72Pcg7MbupJgkvHubTjqgKmxIEDOYXfq6TULFTP8QaAksUEALw_wcB&gclsrc=aw.ds\" style=\"\" rel=\"noopener\">Signia Hotel<\/a><\/strong><strong> and Signia Residence <\/strong><strong>in West Cairo\u2019s Skywalk<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/2087.pdf\" style=\"\" rel=\"noopener\">press release<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/2087.pdf\" style=\"\" rel=\"noopener\">(pdf)<\/a>. The 200-key hotel will include restaurants, a fitness center, and a spa and it will house one of Cairo\u2019s largest meeting spaces \u2014 a 5k sqm space. Meanwhile, the residence will house another 200 rooms.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Holding Comp<\/strong><strong>any for Tourism and Hotels eyes new hotels: <\/strong>The government\u2019s Holding Company for Tourism and Hotels is working toward adding 3k keys to its portfolio within the coming three years, <a target=\"_blank\" href=\"https:\/\/hapijournal.com\/2025\/03\/25\/%d8%a7%d9%84%d9%82%d8%a7%d8%a8%d8%b6%d8%a9-%d9%84%d9%84%d8%b3%d9%8a%d8%a7%d8%ad%d8%a9-%d8%aa%d8%ae%d8%b7%d8%b7-%d9%84%d8%a5%d9%86%d8%b4%d8%a7%d8%a1-%d9%81%d9%86%d8%a7%d8%af%d9%82-%d8%ac%d8%af%d9%8a\/\" style=\"\" rel=\"noopener\">Hapi Journal<\/a> reports, citing remarks made by Chairman Amr Attia. The company\u2019s expansion plans include a 200 room extension at its Jaz Belvedere resort in Sharm El Sheikh, ongoing excavation work for the reopening of the five-star, 300-key Grand Continental in Cairo, 160-room and 90-room hotels in Ras El Bar, a three-star hotel in El Mahalla El Kubra, and another hotel in Port Said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">IPO WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Royal Home wants to make its EGX debut: <\/strong>Local home appliances manufacturer Royal Home plans to list 20% of its shares on the EGX within the next 18 months, company CEO told <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2025\/03\/25\/1877380\" style=\"\" rel=\"noopener\">Al Borsa<\/a>. The company aims to use the proceeds to raise capital and expand. Royal Home has tapped Themar Securities Brokerage to manage the offering.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">EXPANSIONS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Apex Phar<\/strong><strong>ma launches <\/strong><strong>Saudi drug factory: <\/strong>Local pharma firm Apex Pharma kicked off operations at its new Saudi factory in King Abdullah Economic City, Chairman Magdy Elba told <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2025\/03\/24\/-%D8%A7%D9%8A%D8%A8%D9%83%D8%B3-%D9%81%D8%A7%D8%B1%D9%85%D8%A7-%D8%AA%D8%A8%D8%AF%D8%A3-%D8%AA%D8%B4%D8%BA%D9%8A%D9%84-%D8%A3%D9%88%D9%84-%D9%85%D8%B5%D9%86%D8%B9-%D8%AF%D9%88%D8%A7%D8%A1-%D8%A8%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D9%81%D9%8A-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9\" style=\"\" rel=\"noopener\">Al Arabiya<\/a>. The facility has begun producing select medications while awaiting approvals to start Saudi market sales. Elba expects commercial sales to kick off after the Hajj season, with plans to manufacture 10-14 pharma products this year. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS- Holding Company for Tourism and Hotels eyes new hotels<\/p>\n","protected":false},"author":1,"featured_media":663018,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[111,72,99,3621,955,131,427,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-663017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-enterpriseam","tag-fertilizers","tag-holding-company-for-tourism-and-hotels","tag-hospitality","tag-manufacturing","tag-pharma","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"c9071294-c1ce-4b88-a3fd-13637ab4c79b","order":"13","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/3\/2084.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egyptian fertilizer player Agro TH to set up EGP 5 bn plant","related_issue":[662994],"teaser":"PLUS- Holding Company for Tourism and Hotels eyes new hotels","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.07f09de8-d391-4e03-ab18-ef21fda70ba5.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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It appears that fertilizer maker Evergrow has reduced projected spending on its calcium diphosphate plant, with Evergrow chairman Mohamed El Kheshen stating that the Sadat City plant will cost EGP 2 bn, down sharply from an initial estimate of EGP 9.5\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":548425,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/08\/egyptair-to-operate-sharm-tripoli-flights-from-tomorrow\/","url_meta":{"origin":663017,"position":1},"title":"EgyptAir to operate Sharm-Tripoli flights from tomorrow","author":"enterpriseam admin","date":"8 August 2022","format":false,"excerpt":"Other things we\u2019re keeping an eye on this morning: Orascom Development Holding plans to launch two new phases of its O West project in Sixth of October in the coming months. (Hapi Journal)EgyptAir will operate direct flights from Libya\u2019s Tripoli to Sharm El Sheikh starting Tuesday, 9 August until 11\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":587261,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/24\/the-state-is-setting-up-a-new-fertilizer-company\/","url_meta":{"origin":663017,"position":2},"title":"The state is setting up a new fertilizer company","author":"enterpriseam admin","date":"24 May 2023","format":false,"excerpt":"The company will produce several chemicals used to manufacture fertilizer","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\/2023\/5\/1322.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557237,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/12\/evergrow-to-receive-loan-to-restructure-debts-arkan-palm-gets-egp-1-5-bn-for-sheikh-zayed-development\/","url_meta":{"origin":663017,"position":3},"title":"Evergrow to receive loan to restructure debts + Arkan Palm gets EGP 1.5 bn for Sheikh Zayed development","author":"enterpriseam admin","date":"12 September 2021","format":false,"excerpt":"Evergrow is getting a loan to restructure its debts: A consortium of 12 banks led by Mashreq Bank and the National Bank of Egypt (NBE) has began to disburse the USD 400 mn loanagreed with Evergrow earlier this year, which the Egyptian fertilizer firm will use to restructure its debts\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560324,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/also-on-our-radar-on-23-february-2021\/","url_meta":{"origin":663017,"position":4},"title":"Also on our radar on 23 February 2021","author":"enterpriseam admin","date":"23 February 2021","format":false,"excerpt":"Fawry intends to double its authorized capital to EGP 1 bn, according to documents submitted to the EGX picked up by the local press. The company also plans to raise its issued capital by EGP 100 mn to EGP 453.65 mn through the issuance of 200 mn freeshares as a\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":561830,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/22\/evergrow-is-restructuring-its-debts\/","url_meta":{"origin":663017,"position":5},"title":"Evergrow is restructuring its debts","author":"enterpriseam admin","date":"22 April 2021","format":false,"excerpt":"Egyptian fertilizer company Evergrow has signed a USD 400 mn loan agreement with a syndicate of 12 banks led by Mashreq Bank and the National Bank of Egypt (NBE), who acted as the facility arrangers, Hapi Journal reports, citing a company statement. 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