Heliopolis Housing to sign EGP 500 mn agreement with El Taamir on Thursday

Heliopolis Housing will sign a EGP 500 mn agreement with El Taamir (Al Oula) on Thursday to finance infrastructure projects at the up and coming New Heliopolis development, Chairman Hany El Deeb tells Al Borsa. The funds will be used in part for the construction of two electrical power stations and the development’s main water pipeline.