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Telecom Egypt: Launching a real estate company after evaluating the land portfolio

Economy and stock exchange

Engineer Adel Hamed, CEO of Telecom Egypt WEThat the company will launch a real estate development and investment company soon, after the completion of the study of the assessment of the size of the land portfolio has been the use of a specialized office in this regard, especially since the last evaluation of these assets is due in 2005 at the time of the launch of Telecom Egypt on the stock exchange.

He added in special remarks for the seventh day, that the company is looking with a specialized office in the assessment of land track to take advantage of the land portfolio.

The latest book valuation of TE's land portfolio has reached LE 2 billion since 2005.

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