The Saudi Egyptian Construction Company (SECON): Real estate investments in Egypt
“Both our real estate and our tourism investments are very important for us. Egypt is an excellent location for both areas of investment.”
The Saudi Egyptian Construction Company (SECON) to launch new real estate projects in Egypt in 2015
The main capital of SECON was recently increased by 243 million US dollars and an agreement was signed between the representatives of the two governments in the presence of the Egyptian Prime Minister Eng. Ibrahim Mahlab.
Real estate investments in Egypt | The Saudi Egyptian Construction Company
“The Saudi Egyptian Construction Company was established in 1975 by the Saudi and the Egyptian governments. It is split equally by both parties. The company was established for real estate investment in Egypt. Since 1975, we have been making excellent investments and we have been producing different kinds of apartments with the required standards for Egyptians and for Arabs,” explains Engineer Darwish Ahmed Hassanin.
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Saudi stock market opens up to foreign investors
The Saudi Arabia’s cabinet authorized the Capital Market Authority to allow foreign investors to buy and sell stocks on the Saudi stock market.
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AEC: A Leading Technology Company with ICT and Defense Capabilities
Advanced Electronics Company (AEC) was one of the companies created under the auspices of the Saudi Economic Offset Program, which originally started in the mid-1980s. The company focused on critical technologies and dedicated itself to defence electronics, later on spreading into other areas such as ICT and industry (power and energy).
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Knowledge Economy: Key to Diversifying Saudi Arabia
Dr. Ghassan Al-Shibl, President and CEO of Advanced Electronics Company (AEC), a leading manufacturing company operating in military, telecom and industrial sectors, stresses the importance of knowledge economy for Saudi Arabia.
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Doing Business in Saudi Arabia: Fundamentals of Saudi Economy Are Extremely Strong
“If we look at all the fundamentals related to Saudi economy, I do think we have any other option but to be positive and optimistic about our future,” explains Dr. Ghassan Al-Shibl, President and CEO of AEC, who discusses the economy and doing business in Saudi Arabia in an exclusive interview.
AEC Discusses Developing ICT Capabilities
Advanced Electronics Company (AEC), a leading manufacturing company operating in military, telecom and industrial sectors, discusses their strategy to develop ICT capabilities in Saudi Arabia.
AEC’s Major ICT and Defense Projects in Saudi Arabia
Advanced Electronics Company (AEC) has been involved in major defense and ICT projects in the Kingdom of Saudi Arabia. One of the projects included cooperation with Saudi Telecom. Dr. Ghassan Al-Shibl, President and CEO of AEC, talks about the most important projects AEC has undertaken.
Typhoon Repair in Saudi Arabia
As part of BAE Systems’ Industrialisation Programme the Company has been working closely with AEC and Rockwell Collins Deutschland, the original equipment manufacturer (OEM), to establish indigenous repair capabilities in the Kingdom in order to provide sovereign support to the RSAF’s Typhoon fleet.