Egypt’s CIRA starts construction in Badr University Assiut

SectorReal Estate

ArabFinance: Cairo Investment and Real Estate Development (CIRA) has started the first phase of construction works for Badr University in Assiut (BUA), according to the company's September 13thstatement filed to the Egyptian Exchange.The project is planned to include Badr University in Assiut (BUA) as well as the Global International Campus over an 81-acre plot, housing a number of faculties, community colleges, student services, commercial complex and a hospital to act as a state-of-the-art learning and community service center in the hear of upper Egypt.The company posted a net profit reached EGP 330.4 million in the nine-month period ending May 31st, a 32% increase from EGP 249.8 million achieved in the prior-year period.CIRA is engaged in the investment in diversified sectors, including education, construction and real estate, health care, information technology, more...