Egypt’s Heliopolis Housing hopes to receive its dues

Egyptian state-run Heliopolis Company for Housing and Development’s board decided on Sunday to launch a tender to receive its financial dues from offices and other firms.

The company achieved net profits after taxes worth 250.79 million Egyptian pounds ($14.1 million) since the beginning of July 2017 till the end of June 2018 down from 348.8 million during the last financial year.