Mena Touristic sells property for $6.2m

Mena Touristic and Real Estate Investment announced that it has concluded a sales agreement with Commercial International Bank -COMI for a property at smart village.


 
A bourse filling noted that Mena Touristic has sold the property in return for a total amount of EGP47 million ($6.2 billion).

 

Earlier, the company's board of directors has approved the property sale for EGP47 million.

 

Mena had posted EGP 2.8 million loss in the first nine months of FY14.

Mubasher Contribution Time: 02-Mar-2015 07:58 (GMT)