(2014-04-30) Mena Touristic Investment files lawsuit against the Government Mena Touristic & Real Estate Investment (MENA) announced that it refused the decision by 6th of October City Development Authority of imposing LE 86.8 m premium on the company to increase the Area where the company is allowed to build in its project in 6 October city.
The company added in a statement to the stock exchange, that after the prejudice against the right of the company which build according to the conditions set by the city's authority and that it did not violate any of the contract terms and conditions.
The company added that it will file a lawsuit against the 6 of October authority at the administrative court.