Cabinet approves new quota regulations; Abu Qir Fertilisers positive on the decision
Cabinet has given its approval to fertiliser companies to either export 45% of their production or sell it in the local market at normal prices, according to a company release by Abu Qir Fertilisers. Abu Qir expects a 150% improvement in next year’s earnings, in light of the recent decision, implying a positive impact on the company’s financial performance. (Company release)
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