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Dubai retail giant to expand investments in Egypt
date:Mar 11, 2014
gypt, worth LE5.2 billion ($0.7 billion) and providing 4,500 jobs.

In an attempt to recover foreign investors trust, the Egyptian Minister of Foreign Trade, Industry and Investments Mounir Fakhry Abdel-Nour told Majid Al-Futtaims chairman on Sunday that the newly-sworn-in cabinet is keen on easing the bureaucratic hurdles that investors face.

The company started its business in Egypt in 1998 with accumulative investments worth LE2.5 billion ($0.36 billion).

Its trading results for the first h

12/25 20:29