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Press Releases from Mind for IT and Media (1 total)

Egyptian-American Investor Sells Mediterranean Project for $211 M

Inertia for Real Estate Marketing & Development, S.A.E. (Inertia), a leading and fast-growing joint stock Egyptian company, has completed the acquisition of about 35% stake of AK for Real Estate Marketing & Development, S.A.E. (AKREM), one of Egypt's largest land-bank owners. Administered by Dr. Mohamed Hamouda, one of the top attorney's in the Middle East, the deal is rumored to be in the amount of three billion eight hundred million Egyptian