The company was established in 2006 as a sole proprietorship. In 2018, the commercial registration was amended to become a joint-stock company with a capital of EGP 300 million. The company operates in the mining sector and provides logistics services, including loading and unloading, shipping agencies, land and maritime transportation of goods, customs clearance, management and operation of vessels, buying and selling of ships, chartering and leasing of ships and yachts, and operating marine safari trips.
In addition, the company is engaged in the establishment and operation of warehouses and storage facilities (excluding hazardous chemical warehouses), land reclamation and preparation with essential infrastructure to make it suitable for cultivation, cultivation of reclaimed lands, maintenance and repair of vessels, management and operation of ports and container yards, management and operation of quarries and mines, mining activities, as well as import and export operations.
The company has obtained the following approvals and licenses:
Security clearance to deal with the Armed Forces of the Arab Republic of Egypt.
Approval from the Egyptian Mineral Resources Authority confirming that the company is financially and technically qualified to operate in the mining sector.
License for loading and unloading operations at Red Sea ports.
Shipping agency license for all types of vessel cargoes at all ports of the Arab Republic of Egypt.
Environmental approval for loading and unloading all mining materials at Red Sea ports, excluding coal.
Chairman of the Board
Mr. Khaled Mohamed Mahmoud Abdel-Geleel
Chairman of the Chamber of Commerce of the Red Sea Governorate
Chairman of the Transport and Logistics Committee at the General Federation of Chambers of Commerce
Vice Chairman of the Red Sea and Suez Shipping Chamber
Member of the Ministerial Committee for Tourism Promotion in the Red Sea Governorate
Experts’ Corner
Major General / Walid Mohamed Sabry – Executive Director of the Company
Geological Engineer / Abolnaga Ahmed Hassan – Company Consultant