Tanmiya sells EGP 28.6M units in CFC

Updated 11/10/2022 2:48:00 PM

Arab FinanceTanmiya for Real Estate Investment (TANM) announced that it sold two administrative units at the Podium project in Cairo Festival City (CFC) in consideration of EGP 28.59 million, according to a filing to the Egyptian Exchange (EGX) on November 10th.

The impact of the sale will be reflected on the financial statements for the period ending December 31st, 2022.

Established in 2021, Tanmiya is a Cairo-based EGX-listed company that operates within the construction and engineering field.