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Ministry of Public Enterprise Could Offer Additional Stake in KIMA

Minister of Public Enterprise Hisham Tawfik revealed the ministry’s intentions to offer an additional stake in Egyptian Chemical Industries (KIMA) on the EGX.

The announcement came during the opening of the “KIMA 2” factory in Aswan, in which he stated that the plan to offer an additional stake will come once KIMA’s profitability improves on the back of this expansion.