Arab Finance: The extraordinary general assembly (EGM) of the Holding Company for Roads, Bridges, and Land Transportation Projects has approved increasing the company's issued capital to EGP 1.5 billion from EGP 1 billion, as per a statement.

Moreover, total revenues generated by the Holding Company and its subsidiaries reached approximately EGP 11.5 billion during the fiscal year (FY) ended June 30th, 2025, marking a 21.3% year-on-year (YoY) increase. Meanwhile, total standalone revenues increased to EGP 908.53 million from EGP 589.76 million in the previous FY.

During the assembly, the company reviewed progress across a range of infrastructure projects, including road, bridge, and Nile crossing developments, and other transportation projects.

The review also covered maritime projects, including marine berths at Port Tawfiq, breakwaters at Damietta Port, river berths at Alexandria Port, and construction works at Taba Port. In the rail sector, the company highlighted projects including the High Dam workshop and other railway workshops.

The assembly also reviewed progress on high-speed electric train stations and industrial zone developments.

In addition, the company highlighted a certificate of appreciation received from Wabtec Corporation for its execution of the Wabtec Railway Locomotive Maintenance Workshop project.

During the EGM, Minister of Transport Kamel El-Wazir called for expanding the company's regional presence and increasing the use of asphalt recycling equipment in road maintenance projects to reduce costs, limit environmental impact, and support sustainability efforts.