Saudi's Kingdom Holding said on Saturday it had not given up contested land in southern Egypt and had spoken to Egypt's public prosecutor about a settlement.
"Kingdom Holding did not give up the land in the Toshka project and still owns it... and it has not been confiscated by any party," the firm, majority owned by Saudi billionaire Prince Alwaleed bin Talal, said in a bourse statement.
The statement comes four days after the Egyptian state news agency said that Alwaleed has given up a claim to the land in Egypt.
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