Sunday 23 March 2014

Green light for Majid Al Futtaim’s Egyptian investment plan | The National

Green light for Majid Al Futtaim’s Egyptian investment plan | The National:



"Egypt’s prime minister has endorsed Majid Al Futtaim’s (MAF) five-year Dh8.7 billion investment plan in the country.



The UAE company behind the Mall of the Emirates and the City Centre mall brands announced plans this year for the development of three new shopping malls in Egypt, together with the redevelopment of City Centre malls in Maadi and Alexandria.



MAF is also set to open another 32 Carrefour hypermarket outlets countrywide. The combined projects are expected to generate more than 125,000 direct and indirect jobs."



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