Cairo – Mubasher: Heliopolis Company for Housing and Development said Wednesday that it has signed a leasing agreement worth EGP 100 million with Global Leasing Company (GLC).

The amount will be used in financing a triple treatment plant project and the sewage network in New Heliopolis, according to a statement to the Egyptian Exchange (EGX).

By 10:25 am Cairo time, the stock fell 1.12% to EGP 27.25.