Eng. Ahmed El Assar – CEO and Chairman of the Arab Contractors Company, presented a summary of the annual report of the company's Board of Directors and its financial results for the fiscal year ending on 30/6/2023, emphasizing that the company succeeded in achieving distinguished results during the fiscal year 2022/2023, whether in the field of project implementation or in the financial results based on the company's capabilities to achieve its goals in various activities. This came during the General Assembly meeting of the Arab Contractors Company, headed by Eng. Sherif El Sherbiny - Minister of Housing, Utilities and Urban Communities, and in the presence of AC Vice Chairmen: Dr. Onsy Elbeshouty, Eng. Hassan Mustafa and Eng. Sayed Al Wazir; and AC Board Members: Eng. Ahmed El Adalany, Eng. Heba Abu Al Ela, Eng. Tarek Khedr and Eng. Dina Mohamed Adel. The CEO and Chairman of the Arab Contractors Company declared that the company has completed the implementation and delivery of 135 projects, and has contracted to implement 128 new projects, which reflects the company's good performance in its projects, consolidating its position and leading role in the Egyptian contracting sector. This is clearly evident in the company's participation in the implementation of most national projects. The company also opened new foreign markets, and expanded its business in existing markets, where it obtained projects for the first time in Comoros, re-operated its branch in Libya, and obtained new projects in Kuwait and Chad. The company is developing the infrastructure for information technology and digital transformation of its work, and the best use of its assets (land - inventory - investments, etc.). Besides, the company is focusing on research and development activities in new scopes of work, using stagnates, recycling waste, continuing to adopt specialized training programs and provide them to the qualified people on a regular and periodic basis that keeps pace with developments and modern trends in the company's work fields, while supporting, rewarding, and assigning them to appropriate positions, as well as continuing to support the company's quality system. Eng. Ahmed El Assar explored the financial indicators achieved by the company, including achieving the company's target plan approved by the General Assembly, as the business volume achieved 121% of the target plan, 133.7% of the targeted surplus, and achieving revenues for the company during the fiscal year 2022/2023 amounting to LE 42.395 billion compared to LE 35.444 billion the previous year, an increase of 19.6% over the previous year, and achieving revenues from the company's business abroad of LE 15.151 billion compared to LE 7.666 billion in the previous year, an increase of LE 7.485 billion, an increase of 98% over the previous year, achieving net profits of LE 916 million compared to net profits of LE 745 million during 2021/2022, an increase of 22.9%, and achieving continuous growth in equity (the share of public money in the company), as equity was increased from LE 10.334 billion in 30/6/2022 to LE 11.726 billion on 30/6/2023, and the sovereign increases in salaries and social insurance..etc. have also been absorbed without burden on the state general budget. The CEO and Chairman of the Arab Contractors Company pointed out that in light of the company's strategic vision to achieve sustainable development of its market share in the contracting sector, by targeting investment in maintaining its business volume, in a way that preserves the financial and functional gains of employees and the development of the company's public money. The company's vision is to continue in several axes to achieve this, the most important of which is the continuous development of the company's work systems, which is consistent with what is prevalent in the contracting sector. Besides, continuing to open new markets for the company, especially in Africa, and interest in research and development of the company's activities. In addition to maximizing the return of the resources and assets owned by the company, achieving job security, financial and psychological stability for the company's employees, and linking investment spending on productive assets to the actual requirements of the national and international projects.