Cairo - Mubasher: Cairo Development and Investment said its board of directors gave a nod to implementing a contract worth EGP 239.5 million.
The contract will be executed through the company's subsidiary, Square Investments and Development Co.
Cairo Development reported net profits of EGP 686,022 for the first nine months of 2015, compared with EGP 17.9 million for the similar period of the previous year.