Cairo – Mubasher: Integrated Engineering Group signed a contract worth EGP 2.45 million with Elsewedy Electric.

Under the contract, Integrated Engineering Group will handle the installation of metal fitting at Beni Suef electric station.

Earlier, Integrated Engineering reported a 39.47% decline in its profits for the first half of 2016.

The company's net profits reached EGP 199,570 ($22,400) in H1-2016 from EGP 329,700 ($37,000) in H1-2015