Northern Upper Egypt Development & Agricultural Production

Northern Upper Egypt Development & Agricultural Production

EEGX:NEDA
2.60
EGP
+0.08
(+3.17%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Mohammed Abdel Hamid Mabrouk
Sector
Process industries
Industry
Chemicals: agricultural
Address
Giza Egypt
IPO Date
Nov 25, 1998
Business
Northern Upper Egypt Development & Agricultural Production S.A.E. is an Egypt-based public shareholding company primarily engaged in agribusiness, agricultural land reclamation, crop cultivation, livestock breeding, and the production and distribution of agricultural commodities. Founded in 1999 and headquartered in Giza, Egypt, the company operates across integrated segments within the Egyptian agricultural and agro-industrial sectors. Northern Upper Egypt Development & Agricultural Production offers a comprehensive portfolio of products and services, including the cultivation and harvesting of strategic field crops such as wheat, corn, sugar beets, and barley; the commercial farming of horticultural produce, fruits, and vegetables; the sourcing and distribution of agricultural inputs, including certified seeds, chemical and organic fertilizers, crop protection products, and agrochemicals; livestock breeding, calf fattening, beef production, and dairy farming; commercial poultry rearing; post-harvest handling, sorting, grading, processing, packaging, and refrigerated storage logistics; and specialized agricultural contracting services, comprising desert land reclamation, soil leveling, and irrigation network installation. The company primarily serves domestic food processing enterprises, wholesale commodity traders, governmental supply agencies, and retail distributors throughout Egypt, focusing operations across farming properties in Upper Egypt and adjacent reclaimed agricultural zones. In recent strategic developments, the company has implemented corporate capital restructuring measures and capital expansion programs to finance the expansion of its cultivated land portfolio, upgrade center-pivot and drip irrigation infrastructure, and enhance post-harvest cold storage capabilities. Additionally, the company has expanded commercial supply partnerships with regional food manufacturers and executed operational optimization initiatives across its crop and livestock divisions to boost agricultural yields and support national food security initiatives.