Friday, February 27, 2009

DAMAC Properties Partners with Housing and Development Bank of Egypt.

HDBK acquires 60 per cent stake of Damac's Cairo Project
Middle East North Africa Financial Network - Amman, Jordan
DAMAC Properties has entered into a partnership with the Housing and Development Bank of Egypt. The alliance will see 60 per cent of DAMAC Properties' New Cairo projects transfer to the Housing & Development Bank.

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