FINANCIAL NEWS

Egypt’s NPA posts profits worth USD 1.48mn for housing units

04 May 2016

(MENAFN) The National Postal Authority (NPA) recorded profits value USD 1.48mn last month, when the authority printed brochures for the housing unit project.

In addition, when the remaining 800,000 printed brochures are sold, profits are predicted to reach USD 5.43mn.

On the other hand, the Ministry of Housing arranged the reservations for 100,000 units that are in the final stages in certain governorates and new cities.

Moreover, the units will be given to those considered eligible, when the administrative orders are finished.

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