The board of EGX-listed HHD will announce a new corporate strategy in the coming two weeks, Public Enterprise Minister Hisham Tawfik said on Thursday. The semi-privatized state-owned real estate company is rethinking its development strategy following an abortive attempt at selling a 10% stake + management rights to an investor in March. Hesham Aboul Atta, chairman of HHD’s parent company, the Holding Company for Construction and Development, said last month that the plan will see the company partnering with other real estate companies to develop projects.

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