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Atlas company was incorporated under the name of (Atlas General Company for public businesses and Building materials) in 1954 as an Egyptian Joint Stock chaired by Mr. Eng. Abdelmonem Hafez. It was entrusted with the execution of public businesses (contracting) as well as operating a factory for tiles and marble in Bahteem and a factory for Carpentry and furniture in Ghamra. Its main office is located at 23 Kasr Al-Nil Street, Cairo. It started its business by executing and constructing Cleopatra Hotel at Tahrir Square. Then, it followed its businesses by executing other mega projects.

The company was nationalized with the percentage of 50% in July, 1961 and then it was nationalized in full in 1964 under the name of Atlas General Contracting Company.

In 1964, Tiba Contracting Company and Industrial Union for Vermiculite was merged into Atlas Company with adding Alkabary carpentry factory in Alexandria and jazert Al-dahab Carpentry Factory in Giza and Altahrir Iron Créteil factory in Giza. The company assumed its businesses throughout the republic for executing a number of various businesses, the most famous ones are Arts town in Alharam, rescuing Abu Simbel temple and constructing the industrial complex in Elhamrawein. After that, it participated in executing the second stage of Aswan Dam electric power station in addition to integrated housing and utilities projects in Libya.

With the issuance of law No. 203 of the year 1992, Atlas Company has become from Public Sector companies. The business of real estate investments including buying plots of lands and constructing buildings on them for the purpose of buying them or leasing them was added to the previous businesses of the company whose name was changed into (Atlas General Company for Contracting and real estate investments).

Carrying out in Egypt and abroad all kinds of contracting, public and private businesses related to all engineering, construction and buildings businesses, roads, airports, bridges, electric power stations, irrigation businesses, civil and mechanical and electrical businesses of all kinds, constructing factories, manufacturing and trading in all kinds of materials, machinery, equipment, tolls and supplies, manufacturing wooden objects, bricks and tiles of all kind, shaping marbles of all kinds – local and imported, carrying out all businesses of local and world agencies as well as the business of real estate investments including selling and buying plots of land and constructing buildings on them for the purpose of selling and leasing.

Nile Engineering General Company (Schindler – Trane) was merged into Atlas Company in 2005 and under the name of the Atlas General Company for Contracting, Real Estate Investments, Air Conditioning and Elevators. Its previous work experiences in air conditioning, elevators and electricity were merged into the previous experiences of Atlas Company.

During the last fifteen years, sector of contracting was mechanized by applying central mixing stations, concrete transporting and lifting equipment and metal intensifiers. Furthermore, all various factories of the company were joined into one complex of factories in Ghamra with establishing a factory for Aluminum formation (windows, doors and external covers) in addition to establishing a main showroom for furniture at the same complex – considered one of the largest furniture showroom in Egypt – in addition to its two other showrooms at Downtown, Cairo.

Company's Name

Atlas General Company for Contracting, Real Estate Investments, Air Conditioning and Elevators. One of the companies affiliated to Holding Company for Construction & Development – Ministry of Sector of Public Businesses.

Company's Main Office

23, Kasr Al-Nil, Cairo.

Legal Entity

Egyptian Joint Stock and One of the companies affiliated to Holding Company for Construction & Development – Ministry of Sector of Public Businesses.

Incorporation Year

Atlas General Contracting company – Egyptian Joint Stock Company – was established pursuant to the decree issued by Minister of Housing and utilities under No. 322 issued on 09/03/1964. Pursuant to the provisions of law of Public sector authorities and their companies issued by law No. 97 of the year 1983 and presidential decree No. 468 of the year 1983 regarding the incorporation pf Public Sector Authority for Construction, the company became subjected to the supervision of the said authority. Pursuant to the law of sector of public businesses issued by law No. (203) of the year 1991 and its executive regulation, the subsidiarity of the company was transferred to holding company for construction and development – holding company. The company's main articles of incorporation was amended to be in conformity with the provisions of law No. 203 of the year 1991 regarding the issuance of the law of sector of public businesses and its executive regulation issued pursuant to prime minister's decree No. 1590 of the year 1991 and its amendments. The company's main articles of incorporation were approved by the extraordinary general assembly of the company on 31/02/1993. The company's name was changed to (Atlas General Company for Contracting and Real Estate Investments). Then, it was changed into (Atlas General Company for Contracting and Real Estate Investments, Air Conditioning and Elevators) after joining of Nile General Engineering Company to it.

Company's Purpose

Carrying out in Egypt and abroad all kinds of contracting, public and private businesses related to all engineering, construction and buildings businesses, roads, airports, bridges, electric power stations, irrigation businesses, civil and mechanical and electrical businesses of all kinds, constructing factories, manufacturing and trading in all kinds of materials, machinery, equipment, tolls and supplies, manufacturing wooden objects, bricks and tiles of all kind, shaping marbles of all kinds – local and imported, carrying out all businesses of local and world agencies as well as the business of real estate investments including selling and buying plots of land and constructing buildings on them for the purpose of selling and leasing.

Capital Structure

Pursuant to the decision issued by the general assembly held on 12/11/2005 published in the Egyptian Gazette at its issue No. 38 on 20/02/2006 with merging Nile General Engineering Company (Schindler) into (Atlas General Company for Contracting and Real Estate Investments) under the name of (Atlas General Company for Contracting and Real Estate Investments, Air Conditioning and Elevators), the company's capital has become amounting LE 31.000.000.00 with a nominal value for the share amounting LE 5.00 and with shares amounting 6200000 shares.

Commercial Register

No. 95367 – Cairo

Vision

The company's future plan and vision for continuing in reforming and developing the company as well as utilizing the achievements implemented throughout the last three years can be summarized as follows:

  • Continuing in extending the study of the largest possible number of the offered tenders and seeking the various ministries and authorities to call the company in limited specialized tenders in which the company has better opportunities to get new businesses in comparison with the public tenders.
  • Extending the real estate investment business resumed again by the company in 2010 after stopping it for ten years. The ending of such stoppage resulted in constructing Ibn Sandar Residential and commercial Tower in Al-Zaitoun District by utilizing the plots of land, services, factories and the currently liquidity available to the company. Furthermore, the company looks for new plots of land at Urban Communities Authorities in the new cities; particularly those cities that are near to Great Cairo. The company also looks for entering in partnership with the subsidiaries of the holding company or with such companies in which the holding company participates and which has plots of land at distinguished and promising places.
  • Extending the production and selling of ready made concrete by utilizing the equipment, the new stations, the entirely upgraded stations in addition to concrete large transporting trucks that were lately purchased.
  • Continuing in developing the human resources to qualify them for bearing the responsibility in implementing other businesses expected to be awarded by the government in the next months pursuant to declarations and announcements made at various mass media to make sector of contracting uprise from the current recession.
  • Finishing the delivery of the remaining old projects causing losses to the company.
  • Continuing in intensifying the submission of compensation claims and price differences claims for the stumbling projects due to the owner to maintain the level of profitability and liquidity at the company

Eng. / Alaa Aziz Abdelfattah Negm

Chairman and Managing Director

Bachelor of Civil Engineering + Bachelor of Military Sciences – 1988 Military Technical College.

Job Progress :ـ

  • Chief of a squadron at Battalion No. 24 M. H till he reached the chief of Planning and Operation Branch.

alaanegm@atlascontracting-eg.com

Mrs. Accountant. Hanan Mohamed Azzam

Vice-chairman and Managing Director for Financial & Administrative Affairs

Bachelor of Commerce – Accounting Department – Year: 1985

Job progress:ـ

  • She joined Atlas General Contracting Company in 1987
  • Third Accountant in the third degree as of 1992.
  • Second Accountant in the second degree as of 2008.
  • First Accountant in the first degree as of 2011
  • Manager of General Accounts Department at Atlas General Contracting Company as of 2011.
  • Acting as the general manager of financial affairs sector at Atlas General Contracting Company as of 2011.

hananazzam@atlascontracting-eg.com