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Maxim Land Deal Approved
The New Urban Communities Authority, at its 218th session of 2026, approved Maxim’s transfer of the two land plots for the Bo Island project in Sidi Abdel Rahman, El Alamein, to Tahya Misr Holding for Investment and Development. The Ministry of Housing said the transfer of responsibility for the project is intended to regularize its status and complete the required legal and administrative procedures, with protecting the rights of those who have booked units as a priority. It added that any developments would be announced through official channels.
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