The announcement came during Mountain View’s participation in MIPIM real estate exhibition in France’s Cannes between 14 and 17 March.
During the event, which is held in France’s Cannes from 14 to 17 March, the company aims to present its plans for regional expansion by entering the Gulf markets, to replicate its success in many other countries.
The investment is set to be used to deliver units to clients on the agreed dates.
Heliopolis attributes the cancellation of the previous bid to the current economic conditions and the remarkable rise in land valuations in the real estate market in the last period.
The JV also aims to promote investments in the sector, inside the Kingdom.
The loan will boost the pace of construction at Mountain View 4 in the 6th of October City.
Mountain View launches the Mountain View 4 project in the 6th of October City and plans to deliver fully-finished units within a year, Invest-Gate reports.
Mountain View reveals its contractual sales during H1 2022, registering EGP 11 bn with an annual growth rate of 63% exceeding the company’s original target, Invest-Gate reports.
Delivering Happiness Egypt Company (DHE) holds its first legendary masterclass in Egypt and the MENA region, Invest-Gate reports.
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