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Hyde Park Developments was established in 2011, and is jointly owned by a reputable consortium of Egyptian investment and development companies and institutions, all of which are well established and highly credible in the local market. The company is owned and operated by a strategic and proprietary partnership between the Egyptian Housing and Development Bank (36.9%), Egyptian Arab Bank EBA (24%), Investment and Development Holding Company (18.2%), New Urban Communities Authority - New Urban Communities Authority (20.88%), El Taameer.