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News 2026-09-15 04:53 UTC

Emaar Misr (EGX:EMFD) Awards EGP 14B Contracts for Marassi Red Sea

Emaar Misr signed EGP 14B in construction contracts with Rowad Modern Engineering and Innovo Group for Marassi Red Sea, taking total awarded contracts for the development to ~EGP 20B. First-phase unit handovers are scheduled for 2029.Material DetailsContext by AI AnalystThis is a mid-cycle scale-up…