FINANCIAL NEWS

Egypt to adopt multi-million projects in the country

23 Jan 2014

(MENAFN) Egypt plans huge investments to improve the country’s infrastructure, minister of investment Osama Saleh said, according to Arab News.

Osama Saleh said: “Retail and entertainment is a key contributor to the Egyptian economy, and projects such as Mall of Egypt are exactly what we need to boost the sector.”

The minister revealed the announcement in a visit to Mall of the Emirate as Majid Al-Futtaim progresses its development of Mall of Egypt in Cairo, which is expected to cost about USD702 million.

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