Founded in 1976, Drexel is a Free Zone company that specializes in company representation and project/contract management services. The company provides international oil and gas suppliers with comprehensive planning and management, as well as support and logistical services for their Egypt region projects. Drexel’s efficiency and flexibility in providing key logistics and service support project-wide make the company indispensable to its clients. High customer satisfaction over decades has been the key to Drexel’s long-term relationships.
ADES International Holding (ADWA on the London Stock Exchange) is the largest offshore drilling operator in Egypt by number of rigs. The company extends oil and gas drilling and production services through its subsidiaries and is a leading service provider in the Middle East and Africa, offering onshore contract drilling as well as workover and production services in Egypt, Algeria and Saudi Arabia. The company is pre-qualified in markets including Egypt, Saudi Arabia, Algeria, India, Mexico and the Saudi–Kuwaiti Neutral Zone. Its over 1,200 employees serve clients including major national oil companies (“NOCs”) such as Saudi Aramco and Sonatrach as well as joint ventures of NOCs with global majors including BP and Eni. While maintaining a superior health, safety and environmental record, the Group currently has a fleet of nine jack-up offshore drilling rigs, three onshore drilling rigs, a jack-up barge, and a mobile offshore production unit (“MOPU”), which includes a floating storage and offloading unit.
Sky Distribution is the distributor and service provider for Samsung and Etisalat in Egypt through a network of 82 retail stores serviced by 18 warehouse/distribution centers. New product initiatives give the company vertical integration opportunities including Samsung televisions and small appliances that are manufactured and assembled in Egypt. After-sales service is a high-margin strategy also being pursued. Future retail plans to be explored include organic store growth, opportunistic acquisitions, and brand and product mix expansion. Sky Distribution’s strategic stake in Kanawat for Trading and Distribution has provided a vertical integration opportunity in the form of another distribution channel for the Samsung brand.
Masary is a fintech e-payment service solutions provider to consumers and businesses with over 50,000 point of sale (POS) locations throughout Egypt. With flexible architecture and high interoperability, the company is able to integrate with virtually any external platform. Masary is an authorized payment recipient for all of the country’s telecom providers and ISPs as well as for all government services. Recognizing the importance of financial inclusion in Egypt, where the vast majority of the population is unbanked, the company aims to provide a service that allows all consumers, banked or unbanked, to pay their bills conveniently and securely in one place, either online or in POS locations rather than at the office of where the bill was due.
Dynamics is a pre-operational joint venture between Sky Investments and Reliance Logistics/Transocean that has formed the “go-to” storage and logistics solutions company in the Suez Canal Economic Zone. The company is ideally situated 5 km south of the Suez Canal, with a 200,000 m2 facilities and logistics hub in close proximity to Sohkna DP World and Adabiya ports. The Company aims to meet the storage and logistics market needs in the Suez Canal Zone by delivering efficient integrated business solutions for its clients with premium services and quality infrastructure. The storage facility is EIA approved, following all environmental and safety regulations and processes. Extensive supplier and partner relationships handle every aspect of cargo, documents and information flows.
Sky Logistics, established in 1976 and acquired by Sky Investments in 1996, has long experience in the logistics of oil and gas operations. The company provides logistical solutions and project management primarily in transportation, heavy lifting, freight forwarding, customs clearance, warehousing, operational personnel and safety services. Sky Logistics is also a strong transportation arm with state-of-the-art capabilities supported by a new fleet of 50 trucks that serve its clients with daily coal consumption from warehouse to factory. The company also provides a solid platform of QHSE procedures and processes.
Sky aims to address the needs of Egypt’s business community for sustainable commercial and office space in the prime real estate of Cairo’s new urban satellite cities. Sky Office Park, our first greenfield project in commercial real estate, is a world-class development that will be located along the 26th of July commercial corridor in the heart of Sheik Zayed, a satellite city 20 minutes from central Cairo and home to many businesses and upscale residential compounds as, well as universities and entertainment centers. The project is envisioned to include a combination of office space on the buildings’ upper levels, restaurants and shops on the lower levels, and a hotel that will be managed by a global brand. Preliminary plans are for construction to be completed by mid-2018, with operations commencing in early 2019. It is noteworthy that Sky Office Park will be the first commercial complex to receive Gold certification in the US Green Building Council’s LEED (Leadership in Energy and Environmental Design) program.
Established in 1998, M2 Developments aims to provide high-quality product that embraces innovative concepts for contemporary lifestyles in Egypt’s best real estate locations. The company’s Ashgar Darna project offers affordable residential and commercial units of high-quality and standards, including a superior customer experience through exceptional service. This project is in a prime location in New Cairo, adjacent to the center of Maadi and in close proximity to hypermarkets, international schools and universities, as well as major Egyptian banks. The company’s M2 Gardens is a distinctive upscale compound in New Cairo that introduces a new and innovative concept called Trio Villas. Residents enjoy modern European style living in Trio Villas, a set of three overlapping villas with each having a private garden and entrance.
LEEDS (“Leaders in Energy and Environmental Developments and Services”) is well-positioned to capitalize on Egypt’s construction boom, operating three distinct business units: LEEDS ECO for electromechanical engineering contracting; LEEDS TFM for facility and property management; and LEEDS Energy for energy conservation and renewable energy. LEEDS is very much a client-centric, people-powered and efficiency-driven organization. The company’s target market spans office buildings, shopping centers, oil and gas facilities, large residential complexes and solar fields. LEEDS’ portfolio features successful ECO projects that include Galleria 40 in Sheik Zayed, Egypt’s first green luxury commercial complex; and Raya Offices in New Cairo, Egypt’s first commercial development to comply with international green building standards.
Raya was established in 1999 with the merger of Egypt’s 7 leading IT companies and has been publicly traded on the Egyptian Stock Exchange since 2005. Today, Raya is a conglomerate with investments in a strong portfolio that is executing a diversification strategy that currently reflects nine lines of business – from retail distribution of mobile phones, to IT and logistics services, to waste management. Ayman Hussein, Sky Investment’s Chairman, was a co-founder of Raya. Today, years later after exiting through the IPO, Sky still maintains a 15% equity stake in the company.
Founded in 1952, CTT Egypt was rebranded in 2014 when it joined the Sky Investments portfolio. An early investment in the return of tourism to Egypt, the company is well-positioned as a fully-licensed Class A travel agency with an upscale image and reputation for superior customer service. The company’s future growth plans include new online services, investments in charter flights and new international destinations including the Far East.