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FINANCIAL NEWS
Gulf Capital to invest USD115m in Egypt
27 May 2015
(MENAFN) Gulf Capital, Abu Dhabi-based investor, is set on a diversified investment plan worth USD115 million in the sectors of the Egyptian economy, corporate statements said, Gulf News reported.
Recently, Gulf Capital signed a Gulf Capital a USD25.04 million debt financing accord with Egypt’s Carbon Holdings in order to facilitate and further improve the undertaking of prime industrial projects in the African country.
“We are today in oil and gas, health care, consumer goods and petrochemicals sector in Egypt with total investments of $115 million. We are planning to increase our investments.” A corporate statement said.
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