National Navigation Company

National Navigation Company-N.N.C is the leading Company in the field of Maritime Transport in the Middle East, specializing in shipping of Dry Bulk Cargo. The Company was founded in 1981 as an Egyptian Joint Stock Company under the Investment and Free Zone System, with a paid up Capital of US $ 50 Million Dollars at that time. The capital reached US$ 375 Million Dollars by 2019. The Company operates under the provisions of Investment and Free Zone Law no. 72 of year 2017. The holding Company for Maritime and Land Transport along with its affiliated companies, contribute with 57% of the capital, while the National Bank of Egypt contributes with approximately 40%, and the remaining 3% of the contributions is from the banking sector and public offering.