Sues Canal Co. for Technology Settling
EEGX:SCTS489.20
EGP
+45.95
(+10.37%)
ISIN
EGS740C1C010
Return %
Stock
S&P 500
1Y
144.14
14.20
3Y
598.86
81.12
5Y
1,001.55
68.34
Capital Structure
EGP
•
in mil. unless spec.Working Capital
EGP
•
in mil. unless spec.Growth Rates
EGP
•
in mil. unless spec.Quarterly Revenue
EGP
•
in mil. unless spec.Quarterly Earnings Per Share
EGP
•
in mil. unless spec.Quarterly Dividends Per Share
EGP
•
in mil. unless spec.Company Description
- CEO
- Ahmed Zaki Mustafa Badr
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Cairo Egypt
- IPO Date
- Mar 31, 2004
- Website
- scts-eg.com
- Similar Companies
- Business
- Suez Canal Company for Technology Settling (EGX: SCTS) is an Egypt-based joint-stock investment and operating holding company primarily engaged in the higher education, technology settlement, healthcare, and information technology sectors. Founded in 1996 and headquartered in Giza, Egypt, the company operates across several integrated business segments, offering core products and services that include: higher educational and academic degree programs delivered through its flagship subsidiary October 6 University (in which it holds a 99.68% equity interest), encompassing comprehensive undergraduate and postgraduate curricula across faculties of medicine, pharmacy, dentistry, engineering, computer science and information systems, business administration, applied arts, physical therapy, and languages; healthcare and clinical training services provided through affiliated university teaching hospitals, specialized outpatient clinics, and diagnostic medical centers; technology zone and incubation management, including the establishment, development, and administration of specialized scientific incubators, research and development hubs, and vocational training facilities; enterprise software and IT solutions, covering bespoke software design, operating system integration, electronic database and information systems development, and data processing services; digital media and electronic content production spanning audio, visual, and electronic data communication; and real estate investment and auxiliary property management, including the development, ownership, and leasing of student residential housing and educational campus infrastructure. The company serves domestic and international students, medical patients, academic institutions, and corporate clients across Egypt and the wider Middle East and North Africa (MENA) region. In recent developments, Suez Canal Company for Technology Settling has generated consistent double-digit consolidated revenue and profit growth driven by rising student enrollments and enhanced academic program capacities across its university assets. Supported by this financial performance, the company increased shareholder distributions through successive cash dividend approvals, including distributions of EGP 11.25 and EGP 13.00 per share across recent fiscal periods. Strategically, the organization has undertaken regional expansion initiatives, exploring the establishment of academic branch campuses and educational partnerships across the Gulf Cooperation Council (GCC) markets to broaden the international footprint of October 6 University. Operationally, the company continues to execute significant campus modernization and digital transformation initiatives, upgrading digital learning platforms, laboratory technologies, and medical training infrastructure across its faculties and healthcare facilities.