Abu Qir boosts capacity as EGX 30 slips 0.13%

The EGX 30 closed at 54,866.0 points, down 0.13% on Aug. 31. Abu Qir Fertilizers raised Plant 3 output to 140 tons per day of ammonia and 100 tons per day of urea, according to Egypt Oil & Gas, after TradingView reported on Aug. 30 that ammonia capacity had increased by about 140 tons per day. Telecom Egypt advanced to the FTSE Emerging Markets Index after its market capitalization rose to $3.9 billion, according to Kalkine Media. Telecom Egypt's CEO is set to step down, Telecompaper reported.