EALB in talks with 5 Gulf firms to market its property assets

Egyptian Arab Land Bank ( EALB ) is currently negotiating with the major 5 UAE and Saudi Arabia firms in order to marketing its real estate assets abroad, said Adnan El-Sharkawy, deputy chairman.
Speaking to Amwal Al Ghad on Thursday, El-Sharkawy explained that the bank will choose 3 firms among the 5 major firms for a bid to select the firm which will marketing EALB 's assets in exchange for a commission.

The bank has recently contracted with Marsa Abu Dhabi Properties LLC to marketing assets for Egyptian abroad in the current year.