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Arab for Development in talks for EGP 29m contract

Arab for Development in talks for EGP 29m contract
(Photo credit: Arabianeye - Reuters)

Cairo – Mubasher: Arab for Development and Real Estate Investment Company announced on Sunday that it is set to sign a construction contract a housing and construction association for the construction of 10 residential buildings in Obour City with an investment cost of EGP 29 million.

The company earlier got an approval from the Egyptian Exchange to raise its issued capital to EGP 29.57 million.