February 26, 2017 2:20 PM ET

Commercial Services and Supplies

Company Overview of Metito (Overseas) Limited

Company Overview

Metito (Overseas) Limited provides water management solutions. It designs and manufactures water and wastewater treatment systems; and offers process and surface water treatment, water desalination, chemical injection system, water disinfection, industrial/domestic effluent treatment, and municipal sewage treatment plants. The company’s water treatment products include reverse osmosis and pre-treatment, boilers, closed systems, evaporative cooling systems, potable water, MSF/combined cycle, process chemistries, and oilfield chemicals. It also offers specialized chemicals to various industry sectors, including oil, gas, petrochemical, marine, mining, automotive, industrial cleaning, and leisu...

Sheikh Zayed Road

Technopark

Dubai,  262335

United Arab Emirates

Founded in 1958

Phone:

971 4 810 3333

Fax:

971 4 810 3300

Key Executives for Metito (Overseas) Limited

Chief Executive Officer
Founder and Chairman
Managing Director
Finance Director
Managing Director
Compensation as of Fiscal Year 2016.

Metito (Overseas) Limited Key Developments

Metito (Overseas) Limited Presents at The Middle East & North Africa Project Finance Forum, Mar-22-2016 10:15 AM

Metito (Overseas) Limited Presents at The Middle East & North Africa Project Finance Forum, Mar-22-2016 10:15 AM. Venue: Jumeirah Emirates Towers, Dubai, United Arab Emirates. Speakers: Sulaiman Hallal, Senior Business Development Manager.

Dubai Islamic Bank and Metito Sign AED 240 Million Islamic Finance Deal

Dubai Islamic Bank (DIB) and Metito have recently signed a 10-year Islamic financing agreement for AED 240 million. This is Metito's first Islamic finance agreement and DIB's debut partnership with a private company working in the water and wastewater industry. The transaction is another step in expanding Islamic finance into sectors and institutions previously catered to by the conventional form of banking.

Metito Announces its Participation in Four Tourism Projects

Metito announced its participation in four tourism projects. The investment cost of the solutions the company offers to the projects is EGP 65 million. The official added the projects include: Citystars, affiliated to Golden Coast company; Hacienda Bay, affiliated to Palm Hills company; Porto Sharm, owned by Amer Groupl and Marasi, affiliated to Emaar Misr. The company will compete over expanding in providing intelligent water management solutions to Egyptian tourism resorts in the next period. This would especially be in areas of the Red Sea and South Sinai, through seawater and sewage desalination for irrigation purposes. Metito intends to complete the four projects by the end of the current year. These resorts require investment, particularly in their infrastructure, to make them attractive to Egyptian tourists. The company's portfolio of projects is diverse, working extensively with the industrial, municipal and residential sectors, according to the statement. It added that the company's services aim at lowering energy consumption per cubic meter of produced water.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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