date:Mar 11, 2014
Leading Dubai retail developer Majid Al-Futtaim (MAF) will expand its investments in Egypt by around LE16.5 billion ($2.3 billion) over the next five years, the Egyptian Ministry of Foreign Trade, Industry and Investment said on Sunday.
According to the statement, the company intends to build four shopping malls in Cairo, Giza and Alexandria, a project worth LE11.3 billion ($1.6 billion) which will create roughly 38,000 job opportunities. The plan also includes establishing 32 hypermarkets in E