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Nile City Investments SAE is an Egypt-based public shareholding company that engaged in the real estate development and investment sector. The Company invests in real estate developments, mainly residential, commercial and administrative unit buildings. The Company’s main project is Nile City Complex. As of July 2012, the Company held 99.99% stake in its subsidiary, namely Nile City Tourism and Hotels Company, which is engaged in the establishment of a five star hotel. As of September 30, 2012, the Company’s major shareholders included Egyptian Company for Investment and Development (44.27%), Amusement Touristic and Real Estate Investment (25.36%) and Colonial Touristic and Real Estate Investments Company (20.19%), among others.
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