Kuwaiti Egyptian Investment and Development Company's Al-Ayyat land project is heading down a dark tunnel after Egyptian President Mohammed Mursi listed it among project files that must be revised.
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EK Holding offers to pay EGP 25.5 bln to settle El Ayyat land dispute
Kuwaiti Ambassador to Cairo, Rashid Al Hamad, said that the Egyptian government requested Egypt Kuwait Holding Co. (EK Holding) to pay EGP 51 billion as price differences for the utilization of El Ayyat
The Egyptian Gazette
CAIRO - Seizing State-owned lands were rife in the Mubarak regime, say opponents of the ousted regime. Several former ministers, businessmen and other allies of the regime acquired vast areas of land in wonderful locations for a pittance
Committee begins work of reclaiming illegally acquired land from companies
The newly-formed Investment Disputes Settlement Committee (IDSC), chaired by Prime Minister Essam Sharaf, is studying ways of retrieving land acquired illegally by various companies during the regime of former President Hosni Mubarak.
How best to manage state land?
Recent scandals in the sale and management of state land have drawn attention to an area of ongoing public concern, says Ahmed Abu Ghazala
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Egyptian-Kuwaiti company plans to list on EGX
The Egyptian-Kuwaiti Development and Investment Company plans to list on the Egyptian Stock Exchange in April 2011, officials said at a conference Tuesday.
Officials of the joint shareholding company also set out to dispel controversy surrounding its 26,000 feddan project in Al-Ayyat, Giza, after being subjected to what they described as a “fierce media campaign against the project.
Mena Holding starts designing Al-Ayyat project in Egypt
KUWAIT, May 26 (KUNA) -- Mena Holding Group (Mena Holding - KSC) said Wednesday it started developing Al-Ayyat project, southwest Cairo in cooperation with international consultants.
The land of the project, located in October 6 Governorate, is owned by the Egyptian-Kuwaiti Company for Development and Investment of which Mena Holding owns a stake, according to a statement issued here by Mena Holding.
