Mountain View has signed contracts with four construction companies worth EGP 1.7 bn so far this year for its iCity project in New Cairo, Chairman Amr Soliman told Al Mal. The real estate developer aims to sign EGP 2.5 bn-worth of contracts by the end of 2019, he said. iCity is a partnership between the New Urban Communities Authority (NUCA), Mountain View, Saudi’s SISBAN, and the Housing Ministry, which owns a 40% stake in the project.

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