Cairo – Mubasher: The ordinary general meeting (OGM) of Marseilia Almasreia Alkhalegeya Real Estate Investment has agreed to sign a partnership deal with Ruqai Real Estate, according to a bourse filing.
Chairman of Marseilia had previously said that the group aims to implement projects with around EGP 20 billion in investments across Cairo, Alexandria, and the North Coast within five years.
It is worth noting that the company had generated EGP 1.03 million in profits for the first quarter of 2018, versus EGP 3.7 million in Q1-17.
