Sky Investments, the parent company of Drexel Oilfield Equipment, was established in 1997 by the Hussein family with a paid capital of over EGP 300 million. Since its founding Sky has been developing businesses in diverse sectors including energy, distribution &logistics and real estate.
Sky Investments and Drexel Oilfield Equipment have a strong and stable financial foundation based on a diverse portfolio of investments and operations.
Drexel Oilfield Equipment (Egypt) was established in 1976 and acquired by Sahara Group in partnership with Ayman Hussein in 1994. In 2016, the Hussein family took full ownership and purchased Drexel under the umbrella of Sky Investments.