Egypt delays meeting on TMG land case

Egypt's cabinet has delayed until early next week a meeting planned for Wednesday that had been expected to offer a legal solution to Talaat Moustafa Group's (TMG) land row, the cabinet spokesman said on Tuesday.

Asked by text message if the meeting had been delayed, Magdy Rady said: "Yes, to give more time to the legal committee on Madinaty to finish." The government has formed a legal committee to draw up a resolution to the row that has hit TMG's shares.

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