Cairo –  ElSaeed Contracting and Real Estate Investment Company has awarded a tender for a new contracting project in Qena with a value of around EGP 412 million.

The project includes the execution of the first phase of the project to build the craft zone in Al-Taramsa in Qena Governorate, according to a bourse filing.

In 2023, ElSaeed Contracting logged a consolidated net profit of EGP 119.08 million, up from EGP 104.01 million a year earlier.

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