• HSBC

Talaat Moustafa plans Saudi project

  • Egypt: Thursday, October 15 - 2009 at 12:36

Egypt's biggest real-estate developer, Talaat Moustafa Group has said that it plans to start construction in its Nasamat Al-Riyadh project in Saudi Arabia next year, Bloomberg has reported. The project, in conjunction with Saudi Arabia's Al Oula Development Co., will include villas and apartments, along with community services such as schools and clinics. The group forecasts sales of as much as $2.7bn within five years.

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