ArabFinance: Abu Qir Fertilizers (ABUK) said that its exempted from a duty of EGP 600 imposed by the Ministry of Foreign Trade and Industry on a ton of nitrogen fertilizers, according to the companys March 16thstatement filed to the Egyptian Exchange.
The company attributed the exemption on its fertilizer exports to it provides fertilizers to the Ministry of Agriculture and Land Reclamation.
The listed company acquired 80-acre land from Egyptian General Petroleum Corporation.
Abu Qir Fertilizers is an Egypt-based company engaged in the agricultural chemicals sector. The company focuses on the production, distribution, and export of fertilizers, chemicals, and related products
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