Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  CAIRO AND ALEXANDRIA STOCK EXCHANGE  >  Egypt Kuwait Holding Company    EKHO   EGS69082C013

EGYPT KUWAIT HOLDING COMPANY (EKHO)
My previous session
Most popular
  Report  
End-of-day quote. End-of-day quote  - 09/20
1.127 USD   -3.68%
08/14EGYPT KUWAIT HO : Half-year results
CO
05/15EGYPT KUWAIT HO : 1st quarter results
CO
2017EGYPT KUWAIT HO : Financial report
CO
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets
OFFRE

Egypt Kuwait : ink EGP 5bn deals

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/13/2018 | 06:31pm CEST

Egypt, Kuwait ink EGP 5bn deals

Cairo – Mubasher: Egyptian investment minister Sahar Nasr has signed five agreements worth a combined of KWD 86.1 million (EGP 5 billion) with the director general of Kuwait Fund for Arab Economic Development (KFAED) Abulwahab Al-Bader to bolster the Sinai Peninsula’s development programme.

The first agreement, valued at KWD 60 million, will be used to finance Sharm El Sheikh’s tunnel road project, according to a statement by the ministry on Tuesday.

The second deal, worth KWD 17.5 million, will be allocated for financing a road project that aims at improving transportation inside Sinai, as well as between the peninsula and the other regional units of Egypt.

The third deal is a KWD 500,000 grant to support the second phase of the strategic documents centres’ activities and bolster the Egyptian Cabinet’s decisions, as well as documenting economic and social reform programmes in Egypt, according to the statement.

The fourth deal is a KWD 100,000 grant to study the palm cultivation and date production project in Egypt by benefiting from the groundwater reserve in agriculture, introducing new technologies through producing innovative industries, and creating new jobs.

The fifth agreement, worth KWD 7 million, aims at supporting the transport sector, upgrading the train fleet, and financing 100 new tractors in the railway sector.

The KFAED has financed around 45 projects in Egypt now in the fields of electricity, transport, industry, and water with a total $2.8 billion in funds, in addition to grants and technical support of $13.5 million, Al-Bader indicated.

Source: Mubasher

(c) All Rights Reserved - Mubasher Info 2005 - 2018 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EGYPT KUWAIT HOLDING COMPA
09/1819 Egyptians among Middle East’s most influential women in 2018 –..
AQ
09/09EGYPT KUWAIT : EKH to build EGP 550m power plant in Borg El Arab
AQ
09/09EGYPT KUWAIT : EKH's subsidiary to expand its power station to raise productivit..
AQ
09/05EGYPTIAN KUWAITI : KNPC ignites permanent flame in environmental ‘fuel pro..
AQ
09/04EGYPTIAN KUWAITI : EKH’s unit to build $112m factory
AQ
09/04EGYPT KUWAIT : EKH's unit to establish factory for MDF manufacturing
AQ
09/04EGYPT KUWAIT : to launch USD 111.6 mln cost factory
AQ
08/27EGYPT KUWAIT : Mohammed Al Nasfan, the Best Squash Junior Arab Player
AQ
08/27EGYPT KUWAIT : Mohammed Al Nasfan, the Best Squash Junior Arab Player
AQ
08/15EGYPT KUWAIT : Egyptian Kuwaiti Holding profits leap to $63 m ending June 2016
AQ
More news
Financials (EGP)
Sales 2018 8 419 M
EBIT 2018 2 483 M
Net income 2018 1 828 M
Finance 2018 1 599 M
Yield 2018 4,20%
P/E ratio 2018 11,33
P/E ratio 2019 9,20
EV / Sales 2018 2,26x
EV / Sales 2019 1,95x
Capitalization 20 620 M
Chart EGYPT KUWAIT HOLDING COMPANY
Duration : Period :
Egypt Kuwait Holding Company Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 24,1  EGP
Spread / Average Target 20%
EPS Revisions
Managers
NameTitle
Al-Moataz Adel Mahmoud Al-Alfi Chairman & Co-Chief Executive Officer
Sherif Alaa Ahmed Hassan El-Zayat Co-Chief Executive Officer & Executive Director
Medhat Bonna Group Chief Financial & Administrative Officer
Ayman Ibrahim Abdel Meguid Laz Non-Executive Director
Abdel Mohsen Ibrahim Al-Fares Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
EGYPT KUWAIT HOLDING COMPANY32.59%1 154
ROYAL DUTCH SHELL2.99%276 621
PETROCHINA COMPANY8.90%228 128
TOTAL19.23%172 233
EQUINOR23.69%88 851
PETROLEO BRASILEIRO SA PETROBRAS25.65%70 702