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بوابة الفجر
Government Explains Corniche Land Sale
The Media Center of the Council of Ministers has clarified that the rumors about the Urban Development Fund selling lands on the Nile Corniche are false. The government affirms that current efforts are focused on inventorying unused lands and buildings, studying them to improve their utilization and maximize their value, not selling them. Additionally, the procedures are conducted in accordance with the laws, and the formation of a committee to review investors’ requests aims to efficiently utilize assets and achieve the highest economic return, with the assistance of consulting entities to determine the optimal use.
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