Societe Egyptienne D′Entreprises Was founded in 1936 by Engineer Moukhtar Bey Ibrahim Since Then The Company has managed to gain client′s confidence and reputation in meeting its deadlines,trust worthiness and seriousness of work. Hence not only has the company flourished year after year but it has also established itself as a leader in the industry
The company was converted into an Egyptian joint stock company by the royal decree issued on 18/2/1952. Later on the company was partially nationalized in 1961 subsequently it has been fully nationalized in 1964
According to regulations the company was directly supervised by the minister of development and state for housing and land reclamation. Afterwards it became one of the companies under the authority of public sector for development Recently. the company became a subsidiary company to the National Company for Construction and Development (Egyptian holding Joint stock company). During this long period ,the company has executed major projects in various sectors such as waste water disposal, potable water, factories,public buildings, roads, bridges,land reclamation, electric power, tourist villages and housing in Egypt, as well as in Saudi Arabia, Republic of Algeria, Libyan Arab Gamahiriya, State of Kuwait and State of United Arab of Emirates
Founded by the Royal decree of Feb 18, 1952 as the "Egyptian Contracting Company (formerly Mokhtar Ibrahim)", joint stock company registered in Giza under no 146775. Duration of the company 25 years starting at the date of the new registration April 28, 2002. The company is listed in Cairo and Alexandria Stock markets since March 31, 1998.
Mode of Finance
Approved capital 100 millions LE
Issued and paid capital 65 millions LE divided in 13 millions stocks of 5 LE each
(last updated: 10-March-2003)
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