High Admin court rejects appeals in TMG Madinaty case

Reuters
1 Min Read

CAIRO: Egypt’s High Administrative Court on Tuesday rejected two appeals against a lower court’s decision in a land case involving property developer Talaat Moustafa Group’s (TMG) flagship project Madinaty.

The lower court ruled in June that the New Urban Communities Authority, a Housing Ministry body, broke the law when it sold land directly to a TMG unit instead of opening it up to bidding, and the contract should be scrapped.

The two appeals had been filed by the government and by the company.

 

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