On Monday 1st December, 2008 Eng. Rashid Mohammed Rashid- Minister of Trade and Industry, Eng. Ibrahim Mahlab- President and CEO of the Arab Contractors and Dr. Sherif El-Gabaly- Chairman of Polyserve Fertilizers during signing the contract of the construction of Aswan Fertilizers and Chemical Industries factory with a total value EGP 150 million. In the presence of Eng. Nouh Meshref - Vice-President for Execution and Technical Affairs, Eng. Mohamed Samy Saad - Board Member and Mr. Mustafa El-Gabaly– Deputy Member of Aswan Fertilizers and Chemical Industries Company.