STS: 15% growth in business,

By Hamed Mahmoud

The Summit Technology Solutions (STS) has succeeded in achieving a 15% growth in the volume of its business during the year 2020, while the rate of its profits has saw a 30% surge, despite the negative repercussions of the Coronavirus pandemic on many economic sectors in the Egyptian market.

Based on the confidence the company enjoys among its customers, whether inside or outside Egypt, the STS has been able to finalise a package of large projects thanks to the efforts of the company’s employees and the pioneering technologies and solutions that it adopts in the implementation of its projects.

Despite the challenges facing the world in recent times, the company has continued to implement its strategic projects during the year 2020, especially the Grand Egyptian Museum project, the City of Arts project in the New Administrative Capital, the Port Said Tunnels project, the strategic network of the Suez Canal Authority, and a set of other projects in the new capital and the New Alamein City.

The company has also won the implementation of several other vital projects during the year 2020 such as the implementation of a project to develop the data Centre of the Egyptian Tax Authority, a project of the tax query system and tax acknowledgement system of the Ministry of Finance, a project to develop and modernise the customer service Centre of Alexandria Bank, and a project for the technical support system of Children Cancer Hospital 57357 data Centre, and another for the booking  of tickets at ZED Park.

In the real estate sector, the company has implemented an integrated communication network of the Sky Park project for SKY-CTS Company in Sheikh Zayed, and the light current system in ZED Towers in Sheikh Zayed City, 6th of October City.

Commenting on these achievements, Eng. Magda al-Saba, STS Board Chairman, expressed her happiness with the achievements made despite the challenges imposed by the Coronavirus pandemic that negatively affected many sectors.

On the company’s strategy during the year 2021, Eng. al-Saba unveiled the company’s endeavour to infest a number of core sectors, foremost among which is the education, health, government and financial sectors, in addition to the petroleum, real estate and tourism sectors.