
Leading Kuwaiti businessman Mohammed Abdulaziz Alshaya says he is seeking to channel $3bn investments into Egypt over the next four years.
He made this announcement during his meeting with Egyptian Prime Minister Ibrahim Mahlab, who ended his visit to the Gulf nation Tuesday.
"We are eying more investments in Egypt," Alshaya said.
He said his group is planning to build a roughly 120-acre shopping mall in Egypt.
Alshaya is executive chairman of Kuwait-based M.H. Alshaya Co., M.H. Alshaya Co., a leading
international franchise operator.
GMT 17:47 2018 Monday ,15 January
‘Negative’ outlook for Gulf sovereign ratings in 2018, says Moody’sGMT 19:27 2018 Sunday ,07 January
UAE pledges to distribute 70% of VAT proceeds to help fund community projectsGMT 19:21 2018 Sunday ,07 January
Surge in foreign fund inflows sets stage for Egyptian boomGMT 19:15 2018 Sunday ,07 January
Iraq to export Kirkuk oil to Iran before January-endGMT 11:35 2018 Wednesday ,03 January
Saudi Food and Drug Authority: No VAT on human medicines, vitamins, and registered medical equipmentGMT 10:00 2018 Wednesday ,03 January
Saudi Customs launches Approved Economic Operator programGMT 07:30 2018 Wednesday ,03 January
Morocco’s 2017 Economic Growth: GDP on the Rise, Investment in DeclineGMT 18:33 2018 Monday ,01 January
No New Year cheer for UAE property market
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor