Arab Finance: El Arabia for Land Reclamation (EALR) announced in a statement sent to EGX, the auction was held today December 26, to sell a land plot with an area of 33,000 square meters, in Janakles.
The company added that the offered prices, which were submitted by two bidders, didn't reach the price set for negotiation.
El Arabia for Land Reclamation decided to discuss the offered prices at the next board meeting.