Equity Analysis /
Egypt

Nitrogen Fertilizers: Valuation update – once in a lifetime year ahead

  • Local quota prices adjusted to narrow the gap with international prices and in tandem with recent hike in gas cost

  • Abu Qir Fertilizers: Stellar performance expected in FY21/22, supported by surge in prices

  • MOPCO: Long-term feedstock pricing uncertainty lingers; Hopes for high yield ended by new project announcement

Omar Attia
Al Ahly Pharos Securities Brokerage
21 November 2021