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Amer Group gets ACUD’s nod for project

Amer Group gets ACUD’s nod for project

ArabFinance: The Administrative Capital for Urban Development (ACUD) approved Amer Group Holding’s project in the New Administrative Capital (NAC), according to a December 17th disclosure.

Amer Tourism Development, a subsidiary of the listed company, will set up an administrative building in NAC’s financial district, the statement said.

The project will be located on land allocated to Giza and Cairo for Real Estate Development, Amer Group noted.

On October 21st, the firm signed a contract to develop a project in NAC.

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