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Al Fanar for Contracting inks EGP 16.29M contract

Al Fanar for Contracting inks EGP 16.29M contract

ArabFinanceAl Fanar for Contracting, Construction, Trade, Import, and Export Company (FNAR) has signed a contract at a value of EGP 16.294 million for implementing a drilling, filling, and levelling project in Toshka, according to a statement filed to the Egyptian Exchange (EGX).

In 2020, the company signed an agreement worth EGP 4.958 million with Hassan Allam Construction (HAC) for a project in Toshka in southern Egypt.

Al Fanar was established for the purposes of general contracting, construction, trade, import and export, in addition to land reclamation and land division, 350 for the year 2007 and Presidential Decree No. 356 of 2008.

 

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