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Subject to act II of law 203\1991 stating public sector enterprises law, the Holding Company for Maritime Transport replaced the Public Sector Authority for Maritime Transport established by the presidential decree no. 431\1983, and the Holding Company for Land Transport replaced the Public Sector Authority for Land and River Transport established by the presidential decree 430\1983.

And upon the prime minister resolution no 1499\2000 the Holding Company for Maritime and the Holding Company for Land Transport were merged, accordingly the company's name was amended after the merge to become the Holding Company for Maritime and Land Transport (an Egyptian joint stock holding company) based on the resolution of the public sector minister no 104\2000.

Company profile:                                                       

The company plays a significant role in developing the national economy following the general policy of the country .This is achieved through its activities together with   the activities performed by its subsidiaries. The company mainly invests its capital solely, via its subsidiaries, and jointly with any other entity inside or outside Egypt, performing all specific, varying, and integral activities in all necessary fields in which the company is entitled to perform.

The company is also responsible for consulting, studies conducting, research doing, performing agency's activities and brokerage, providing expertise, valuation processing, selling and promoting projects.

The company is entitled to perform all activities that complement, supplement, support or relate to any of the purposes aimed at achieving the best methods to invest its capital, expand the range of its investment, reinforce and enhance its resources and increase the value of its investments, and maximize its profits.

The activities of the company manifest itself in:

·         Establishing subsidiaries and other corporate solely or jointly with other holding companies or any other public or private persons or individuals.

·         Buying and selling shares in joint stock companies ,and sharing in their capital

·         Issuing and managing the company's financial portfolio including stocks, securities account ,bonds , financial assets, and any other items of value

·         Conducting any and all necessary actions that the company might need to achieve its purposes

·         Expanding the ownership of its subsidiaries to obtain the fund  dedicated to restructuring and reforming the companies

·         Supporting subsidiaries to raise the standard of their production and improve their performance level to insure their presence in the global market

 

 
 

Investments

 

                                   

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Last updated may 2010                                     

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