Arab Finance: The board of directors of Marseilia Almasreia Alkhalegeya for Holding Investment (MAAL) approved a financial lease agreement with a value of around EGP 50 million, according to a filing to the Egyptian Exchange (EGX) on Sunday.
The agreement covers 11 chalets in Marseilia Land village on the coast of Marsa Matrouh.
Marseilia is an Egypt-based company engaged in real estate property investment, development, and management.