Cairo, Sha'ban 27, 1435, Jun 25, 2014, SPA -- Egyptian Prime Minister Eng. Ibrahim Mahlab attended here today a signing ceremony of an agreement between the Egyptian Housing Ministry and the Saudi-Egyptian Company for Construction regarding raising the company's capital. The agreement was signed by Saudi Assistant Minister of Finance Mohammed bin Homoud Al-Zaid, who is also chairman of the board of directors of the company, and legal advisor to the Egyptian Housing Minister Ahmad Saad Adulate. The agreement aims to raise the company's capital into $243 million where the Saudi side is to pay in cash $121.5 million. --SPA 23:53 LOCAL TIME 20:53 GMT www.spa.gov.sa/w