Al-Futtaim Group to invest LE18 bn in Egypt over 5 years

The UAE Al-Futtaim Group, specialized in building malls and recreational facilities, has announced its long-term commitment to supporting Egypt by expanding its business with LE18 billion in investments over five years, offering more than 140,000 new direct and indirect jobs.
CEO Alain Bejjani said Egypt is the most promising market in the region due to its diversity and great possibilities, adding that the company is expanding existing projects and building new ones, especially with the government now improving the investment climate to increase confidence in the Egyptian market.
Edited translation from Al-Masry Al-Youm

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