Egypt's Orascom eyes project in Iraq
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Egypt's Orascom eyes project in Iraq

Egypt's Orascom eyes project in Iraq

Egypt's Orascom Housing Communities, a subsidiary of Swiss-based Orascom Development Holding, is in talks with the Iraqi government to buy land for a budget housing project, al-Mal newspaper has reported. The company is looking at two plots, one in Taji in central Iraq and the other in Basra in the south, and is waiting for the Iraqi government to state their price before choosing between them. Each is 9 million square metres, according to the daily.

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    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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