Orascom Construction Industries, Egypt’s biggest listed builder, said on Monday it agreed to do EGP800m ($141m) worth of work for Dubai-based developer Emaar Properties.
The work will be for Emaar’s Egyptian unit on its Marassi project, on Egypt’s northern coast, and its residential Mivida project near Cairo, Orascom said in a statement. It expects to complete the works within 22 months, it added.
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