Company: Abou Kir Fertilizers & Chemical Industries
Country: Egypt
Sector: Chemicals: Agricultural
CEO: Eng. Hany Sayed Mohamed Dahy (Chairman and Managing Director)
Website: https://abuqir.net
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Abu Qir, El-Tabia, Rashid Road, Alexandria, Egypt
Founded: 1976 (per Wikipedia; the company’s own website cites 1979)
Valuation/Revenue: $376.6m revenue / $1,679.6m market value (African Business Top 250, 2025); revenue of approximately $528 million reported for 2023
Abou Kir Fertilizers & Chemical Industries Company (also written Abu Qir Fertilizers) is one of Egypt’s and the Middle East’s largest nitrogen fertilizer producers, manufacturing roughly half of Egypt’s domestic nitrogen fertilizer supply. It was the first Egyptian fertilizer company listed on the Egyptian Exchange and has recently undergone a significant partial privatization that reduced the government’s stake from controlling to minority.
What Does Abou Kir Fertilizers Do?
The company produces nitrogen-based fertilizers and related chemicals, including prilled urea, granular urea, ammonium nitrate, ammonia, and liquid fertilizers (UAN), manufactured across three plants near Alexandria. It supplies roughly 50% of Egypt’s nitrogen fertilizer needs, making it a critical input supplier for Egyptian agriculture as well as a significant exporter of ammonia and urea to international markets.
How Old Is Abou Kir Fertilizers?
Sources differ slightly on the company’s founding: Wikipedia dates its establishment to 1976, while the company’s own website cites 1979; either way, Abou Kir has operated for roughly five decades as a cornerstone of Egypt’s fertilizer and petrochemicals industry, and it holds the distinction of being the first Egyptian fertilizer producer to list its shares on the Egyptian Exchange.
Who Is the CEO of Abou Kir Fertilizers?
Eng. Hany Sayed Mohamed Dahy serves as Chairman and Managing Director of Abou Kir Fertilizers & Chemical Industries, overseeing the company’s production operations and its recent ownership restructuring.
Who Owns Abou Kir Fertilizers?
Ownership has shifted meaningfully in recent years. The Egyptian General Petroleum Corporation (EGPC) holds approximately 19.1%, Abu Dhabi Developmental Holding Company (ADQ) holds roughly 21.5%, and the Saudi Egyptian Investment Company holds approximately 19.8%, with the remainder in free float. Following a 2024 stock sale, the Egyptian government’s position moved “from a controlling share to an influential minority,” reflecting Egypt’s broader state-asset privatization drive in partnership with Gulf sovereign investors.
How Big Is Abou Kir Fertilizers?
African Business’s Top 250 (2025) recorded the company’s revenue at approximately $376.6 million and market value at roughly $1.68 billion. Wikipedia separately cites 2023 revenue of approximately $528 million, illustrating some volatility in reported figures likely tied to global fertilizer price swings and currency effects, as Egyptian nitrogen fertilizer producers benefited substantially from elevated global fertilizer prices following the 2022 disruption to global fertilizer supply chains.
Is Abou Kir Fertilizers Publicly Traded?
Yes. The company trades on the Egyptian Exchange and, as the first Egyptian fertilizer company to list publicly, has long been considered a bellwether stock for Egypt’s petrochemicals and agricultural inputs sector.
How Does Abou Kir Fertilizers Compare to Its Competitors?
Within Egypt, Abou Kir competes with other major nitrogen fertilizer producers including Egyptian Fertilizers Company (EFC), Misr Fertilizers Production Company (MOPCO) and Alexandria Fertilizers Company, all of which benefit from Egypt’s relatively cheap domestic natural gas feedstock as an input for ammonia and urea production, giving Egyptian producers a global cost advantage over many international rivals.
What Has Abou Kir Fertilizers Been in the News For Recently?
The company’s most significant recent news is its 2024 ownership restructuring, in which the Egyptian government sold down its stake, reducing the state’s position from controlling to a minority holding alongside Gulf investment partners ADQ and the Saudi Egyptian Investment Company, part of a broader wave of Egyptian state-owned enterprise privatizations aimed at attracting foreign direct investment and reducing public debt.
How Do I Apply for a Job at Abou Kir Fertilizers?
Abou Kir posts vacancies through its corporate website; a dedicated public careers-portal URL could not be independently verified for this profile.
Why Does Abou Kir Have a Cost Advantage Over Global Fertilizer Producers?
Like other Egyptian nitrogen fertilizer makers, Abou Kir benefits structurally from access to relatively low-cost domestic natural gas, the primary feedstock for ammonia and urea production. This gives Egyptian producers, including Abou Kir, a meaningful cost advantage over European and some Asian competitors that rely on higher-priced imported gas, particularly following the sharp rise in global natural gas prices after 2022. That cost advantage, combined with Egypt’s Mediterranean and Red Sea port access, has made Abou Kir and its domestic peers significant exporters of ammonia and urea to European, Latin American and Asian agricultural markets, a dynamic that has directly supported the strong revenue and market-value figures the company has posted in recent years.
Links
Website: https://abuqir.net
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Is Abou Kir Fertilizers government-owned?
It was historically majority state-owned, but a 2024 stock sale reduced the Egyptian government’s stake to a minority position alongside Gulf investors ADQ and the Saudi Egyptian Investment Company.
Who is the CEO of Abou Kir Fertilizers?
Eng. Hany Sayed Mohamed Dahy, Chairman and Managing Director.
Is Abou Kir Fertilizers publicly traded?
Yes, on the Egyptian Exchange, and it was the first Egyptian fertilizer company to list there.
How big is Abou Kir Fertilizers?
African Business’s Top 250 (2025) valued it at roughly $1.68 billion market value on about $376.6 million revenue.
What does Abou Kir Fertilizers produce?
Nitrogen fertilizers including urea, ammonium nitrate, ammonia and liquid UAN fertilizer.
Is Abou Kir Fertilizers still operating in 2026?
Yes, and it remains one of Egypt’s leading fertilizer exporters and domestic suppliers.