Egypt Panel Says Talaat Moustafa Contract Invalid, Mal Reports
By Ahmed A. Namatalla -
2012-07-08T07:41:13Z
An Egyptian panel of judges recommended the annulment of a revised contract that allowed the government to sell a plot of land to Talaat Moustafa Group Holding for its Madinaty project, Al Mal reported.
Egypt’s Administrative Court will convene on Nov. 7 to examine the recommendation, the Cairo-based daily said, citing the panel’s report.
To contact the reporter on this story: Ahmed A. Namatalla in Cairo at anamatalla@bloomberg.net
To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net
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