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Egypt’s Style Home Real Estate Company says it plans to implement a new project in Fifth Settlement district in New Cairo, with investments of 800 million Egyptian pounds ($45.1 million).
The project will be built over 33,000 square metres, Hussein Dawood, Style Home’s chairman, told Amwal Al Ghad on Wednesday.
“The project is a fully-fledged residential compound, which will include an administrative and services complex as well as a commercial mall,” Dawood further said.
Style Home is seeking the government’s approval to start works on the project, Dawood said.