FINANCIAL NEWS

Saudi SECON to build three USD381m projects in Egypt

21 Sep 2015

(MENAFN) three new developments worth USD381 million will be built in the areas of New Cairo as declared by the Saudi-Egyptian Construction Company (SECON).

The company basically has these three new projects amongst the 100 acres lands as part of the Egyptian share in raising the company’s capital by nearly USD243 million.

Preliminary booking for two projects in New Cairo has been started; however, the official booking will begin by the beginning of next year, according to the firm’s spokesman.

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