Cairo – Mubasher: Amer Group Holding Co. announced that the concerned authorities have temporarily suspended the works on Porto Heliopolis project, which is owned by its subsidiary Delmar for Touristic Development.

The works will be resumed once the traffic study that was submitted by the group is approved by competent authorities, according to a bourse statement on Monday.

In this regard, Amer Group emphasises that the study conforms to the standard engineering and measurement criteria, noting that it will announce further details in a timely manner.