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Orascom Construction has finalized construction on Al Masah Hotel in the New Administrative Capital, in collaboration with the Armed Forces Engineering Authority.
The company handling the New Administrative Capital project is set to decide on offering the first phase of investment land plots, with total areas ranging between 3,000 to 3,500 acres.
Heliopolis Company for Housing and Development (HELI), an Egypt-based real estate firm, is seeking to secure EGP 350 million in credit from banks and financial leasing companies.