Saeed Contracting

Upper Egypt Contracting Company is engaged in providing general and specialized contracting and construction services. Its activities include investments in real estate and properties, purchase and sale of land and touristic villages, land reclamation, division and farming, infrastructure contracting, construction, maintenance work, real estate development and other contracting related services. The company also undertakes mining of aggregates and cut stones, as well as providing real estate agents and brokers. UEGC.s shares are also open to foreign investors. Co. is planning to deliver phase 1 of its Darna project, opposite Carrefour Maadi, by the end of December. This phase includes 7 residential towers out of the total 18, built at a total cost nearing EGP800mn.
Financial Performance:
After several capital restructurings and increases, UEGC.s paid-in capital has reached EGP377.5mn, distributed over 377.5mn share at a par value of EGP1/share.