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Palm Hills aims to issue sukuk worth EGP 3.25bn to finance Badia project
The Board of Directors at Palm Hills Developments approved, in its meeting on Tuesday, the company’s plan to finance the Badia project by issuing bonds compatible with the Islamic Sharia, at a value of EGP 3.251bn, in cooperation with Tharwa Securitization Company. Sources expected Sukuk would be issued during the…
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Click here to read the full story: Daily News Egypt