Egypt to conduct giant housing project in Iraq

BAGHDAD / IraqiNews.com: Egyptian companies will build 3.5 million housing units in Iraq as part of a cooperation program that also includes investment projects in the country, the Egyptian al-Ahram al-Masai newspaper said. “The Iraqi-Egyptian relations have entered a new phase of development following a cooperation program that allows Egyptian companies to powerfully enter the Iraqi markets,” according to the paper. The newspaper also covered the talks held yesterday between the Egyptian minister of investment, Mahmoud Mohieldin, and an Iraqi delegation led by the chairman of the National Investment Commission, Sami Raouf al-Araji. SS (P)/SR 1