Cairo - Mubasher: Egyptians for Investment and Urban Development Co. said it received a second land plot from New Cairo City Authority.

The land plot is spread across 672 square meters and located at 5th Settlement, New Cairo.

The company is working on securing the required approvals, to start the building process in the nearest future, said a bourse statement.

Last June, the company received a land plot spread across 960 square meters from New Cairo City Authority.