ArabFinance: Devzah Contracting Company assigned Integrated Engineering Group (IEG) to install the metal works in the new Central Bank of Egypts (CBE) headquarter, according to IEGs statement filed to the Egyptian Exchange.

The contract amounts to EGP 8.329 million. IEG has expected to finalized work installation by the end of 2021.

The CBE will move the headquarter to the New Administrative Capital.

Earlier, IEG signed an agreement with Devzah Contracting Company to be able to submit bids for big projects.

Integrated Engineering Group is an Egypt-based public company listed on the EGX in 2014. The company operates within the capital goods sector focusing on construction and engineering.

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