Al Fanar, UECC ink EGP 1.8m contracts

Cairo – Mubasher: Al Fanar Contracting Co. signed contracts worth EGP 1.76 million with United Engineering for Construction (UECC).

Under the agreement, Al Fanar will implement a number of projects at Hacienda Bay-North Coast project, according to a bourse filing on Sunday.

The projects include rubble supply and installation works at a value of EGP 1.26 million and external painting supply and implementation contract worth EGP 120,000, the statement said.

The company noted that the contracts were signed on 22 December.

Al Fanar's stock remained stable at EGP 1.33 by the end of trading on Thursday.

Mubasher Contribution Time: 25-Dec-2016 08:33 (GMT)
Mubasher Last Update Time: 25-Dec-2016 08:34 (GMT)