January 21, 2022

Gulf Canadian Real Estate Investment’s board approves sale of 2 land plots


ArabFinance: Gulf Canadian Real Estate Investment (CCRS) announced that its board of directors has approved the sale of two land plots in the New 6th of October city to provide the necessary liquidity, according to a statement filed to the Egyptian Exchange (EGX).

Moreover, the board has accepted the apology of the Egyptian Arab Land Bank regarding the bank’s exit from CCRS’s capital.

Gulf Canadian specializes in developing and managing real estate assets. Its main activities are related to construction projects in housing, tourism, and urban development sectors, as well as industrial projects and other related fields.

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Categories : finance & economy

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