Egis completed the acquisition of Projacs International, the project and construction management consultancy, in early 2021, after their initial acquisition of 51% in 2015. Following the acquisition, Projacs took the next step into fully integrating and taking on the group’s name – Egis.
Projacs brings to table the extensive portfolio of Project Management in Buildings, Building Infrastructure Management and Infrastructure Expertise across the GCC and beyond. Egis and Projacs have been working diligently together over the past 6 years to ensure their clients' needs are at the heart of the decisions made and that clients will benefit from the company's collective capabilities and enhanced service offering that covers full-fledged engineering services and expertise. Operating as one brand will allow for a more unified, consistent message and will benefit current and future clients with more efficiencies, synergies and opportunities.
"Innovative project management and our ongoing commitment to our customers and people is still a motivational driver of our business as we continue to ensure working closely together and adapting to our customers specific needs and objectives to deliver superior services. The brand unification is the next natural step in developing a stronger presence and further sustainable growth, allowing both companies to mutually benefit our clients through a well-established network of local offices with global know-how and experience," said Alaa Abusiam, CEO, Egis-Middle East.
With more than 1,250 employees across the Middle East, Egis has completed over 500 projects including the iconic National Bank of Kuwait Tower, Waterbay Project in Bahrain Bay Development, Porto New Cairo in Egypt, Makkah Region Development Authority Project in The Kingdom of Saudi Arabia and many more projects across an array of disciplines. Egis' Middle East accounted for 13% of the groups activity in 2020 with a turnover of $134 Million USD.