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FINANCIAL NEWS
Dubai’s Majid Al Futtaim to invest USD2 b in Egypt
22 Jan 2014
(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.
More News
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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