Wednesday 25 December 2024
 
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Egypt Kuwait Holding

Egypt Kuwait Holding FY09 profit $131m

Egypt Kuwait Holding's consolidated net profit rose to $131 million in 2009 from $119.6 million a year earlier, the stock exchange said on Sunday. Egypt Kuwait is a diversified firm with investments in fertilisers, insurance, energy an

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EK Holding sets up petrochemical firm

Egypt Kuwait Holding said it set up a fertiliser and petrochemical company in cooperation with other Egyptian and Gulf investors. The new firm will have paid-in capital of EGP500 million ($90.4 million) and EK Holding will hold a 32 per ce

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Egypt Kuwait Holding makes oil discovery

Egypt Kuwait Holding said on Sunday one of its affiliates made a significant oil discovery in Egypt in the North Shadwan Concession located in the Gulf of Suez. The company said in a statement Tri Ocean energy company, of which it owns 76.

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