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Barwa to build $9bn Cairo project
- Egypt: Wednesday, August 12 - 2009 at 11:25
The Egyptian unit of Qatar's Barwa Real Estate has said it will begin building a $9bn Cairo project in the first quarter of 2010, Reuters has reported. The mixed-use project is spread over more than 8.4 square kilometres near Egypt's capital and will be finished in 10 to 12 years, the developer has said. The firm is studying all options for financing the investment including Islamic bonds and loans.
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