Friday, 22 September 2017 01:31 GMT

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Dubai's Majid Al Futtaim to invest USD2 b in Egypt

(MENAFN) Chief executive of Dubai-based retail group Majid Al Futtaim said that the company will invest USD2.3 billion in Egypt, according to Arabian Business



Iyad Malas said: "Total investments on the plan, including Carrefour, should be around 16 billion Egyptian pounds over the next four to five years.



Dubai's firm will construct a USD458 million mall in Cairo's Maadi, and another mall next to Cairo's main airport at the almost the same cost that is expected to start working on next week
Dubai's Majid Al Futtaim to invest USD2 b in Egypt

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