The National Marine Dredging Company has won a project worth 600 million dirhams to expand Lake Manzala in the Arab Republic of Egypt.
According to the Emirates News Agency, the company confirmed in a disclosure that its victory in the project came through its partnership with the Egyptian-Emirati Challenge Company, noting that the period of work to implement the project will take about two years .
The National Marine Dredging Company is one of the leading companies in the field of dredging, land reclamation, civil and marine construction in the Middle East region.
The company's financial statements show that its total assets amounted to about 6.5 billion dirhams at the end of the first half of 2020 compared to 5.76 billion dirhams in the first half of 2019. < / p>
The company achieved net profits of approximately 103.5 million dirhams during the first six months of the year 2020, an increase of 53.7% compared to the first half of 2019.
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