CAIRO - 19 December 2022: The National Marine Dredging Company announced the awarding of a dredging project in the Suez Canal to "marine dredging" in Egypt. The company stated, in a disclosure to the Abu Dhabi Stock Exchange, that the value of the contract amounts to one billion dirhams, and it is expected to complete the work during 2023. Yasser Zaghloul, CEO of the National Marine Dredging Group, said earlier that the company's investments amount to more than 800 million dirhams. Zaghloul pointed out that the value of project contracts that the group is currently working on amounts to about 25 billion dirhams, over the coming years.
