This is in addition to an alliance of Emirati Aabar Investments PJS and Egyptian Palm
Hills Developments for the October Oasis project, with investments of EGP 150bn, on a land area of 10,000 acres.
Egypt announced a similar ban in 2005, and, additionally, the Israeli daily Maariv reported that unidentified Israeli importers paid off Egyptian palm
growers to limit their exports to drive up prices; the resultant shortage affected Jewish communities around the globe.
BANKING AND CREDIT NEWS-15 March 2010-CIB leads Egyptian Palm
Hills' loans syndication(C)1994-2010 M2 COMMUNICATIONS http://www.m2.com