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Banking Leaders Team Up for West Cairo Development
The article discusses the signing of a contract between Banque Misr and the National Bank of Egypt with Hyde Park Real Estate Development Company to develop a 415-fadden land plot in the Eastern Expansion Area of Sixth of October City. The project aims to support Egypt’s economic and social development and is considered one of the largest real estate development projects in West Cairo. The report emphasizes the importance of cooperation between banks and real estate companies to achieve sustainable growth in the Egyptian real estate market, reaffirming that the project reflects the confidence of the government and the banking sector in the companies' ability to carry out large-scale projects that stimulate investment and create job opportunities, within Egypt’s 2030 Sustainable Development Plan.
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