Arab Finance: Egyptians for Housing and Development Company’s (EHDR) extraordinary general meeting (EGM) has decided to raise the firm’s authorized capital to EGP 336 million from EGP 300 million, as per disclosure on December 27th.
Egyptians for Housing operates in the real estate development and investment sector, with the focus on the businesses of buying, purchasing, dividing, and selling lands, and establishing buildings and facilities.
The company’s business also includes setting up urban expansion projects, residential and commercial complexes, and new township projects.