- CEO
- Sabri Mahmoud Mohammad Salameh
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Cairo Egypt
- IPO Date
- Jun 17, 1997
- Business
- El-Saeed Contracting & Real Estate Investment Co. SCCD is an Egypt-based public shareholding company primarily engaged in general contracting, civil engineering, infrastructure construction, and real estate development. Established in 1964 and headquartered in Cairo, Egypt, the company is listed on the Egyptian Exchange under the ticker symbol UEGC. The company operates across three main business segments: Contracting, Quarries, and Real Estate Investment.
The company's core products and service offerings encompass comprehensive civil engineering and building construction, including residential compounds, commercial centers, shopping malls, administrative complexes, sports clubs, medical facilities, educational institutions, and industrial structures; infrastructure development, comprising road networks, bridges, vehicular and pedestrian tunnels, earthworks, and integrated transport facilities; utility systems engineering, including drinking water transmission networks, wastewater and sewage collection systems, water desalination facilities, water treatment plants, and gas and fuel distribution networks; energy infrastructure, covering electrical networks, substations, and civil works for thermal and hydroelectric power generation stations; specialized engineering and technical works, including core-and-shell execution, steel frame fabrications, architectural finishing, and electro-mechanical installations; building materials manufacturing and resources, comprising ready-mix concrete production, quarrying operations, aggregate and gravel extraction, and distribution of raw construction materials; and property development, encompassing residential and commercial real estate development, land subdivision, property management, and tourism-related hospitality ventures. El-Saeed Contracting delivers projects to both public sector governmental authorities and private commercial clients across Egypt, operating through key subsidiaries including Segma for Urban Development, USG General Contracting, Gama Urban Planning Co., and Mashareq for Real Estate Investment.
In recent developments, El-Saeed Contracting & Real Estate Investment Co. continues to expand its project backlog and strategic presence across major regional hubs in Egypt. The company recently secured a major construction and infrastructure mandate in Qena valued at approximately EGP 412 million, reinforcing its footprint in Upper Egypt's urban development initiatives. On the corporate and financial front, the company has undertaken capital adjustments and corporate restructuring to optimize working capital efficiency, supported by shifting institutional and private shareholder positions, including equity ownership adjustments by key stakeholders such as Wadi Consulting. Operationally, the company continues to execute on public utility and urban modernization contracts across Greater Cairo, Shorouk City, and Upper Egypt, while resolving legacy labor entitlements to strengthen workforce stability and corporate governance across its contracting and quarrying divisions.