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Arab Moltaqa to invest EGP 100M in education and real estate development

Arab Moltaqa to invest EGP 100M in education and real estate development

ArabFinance: Arab Moltaqa Investment Company’s (AMIA) board approved investing in the field of education and real estate development at a total value of EGP 100 million, as per a Thursday bourse filing.

The investment will be through AlMuttahed Development and Real Estate Investment Company, a subsidiary firm.

Convened on May 29, the company’s board also approved the consolidated financial results of the period ended on March 31, 2019.

 

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