Egypt remains a key expansion market, says Majid Al Futtaim Properties | The National:
"Despite Egypt’s political instability, it remains one of three key expansion markets for Majid Al Futtaim Properties, the Dubai-based mall developer.
George Kostas, the company’s chief executive, made the comment yesterday. Media reports last month said the developer was waiting for the political unrest in Egypt to stabilise before making further investments.
“From our perspective, it’s all systems go and we’re not stopping,” Mr Kostas said. “Yes, the instability that’s occurred recently has been unfortunate, but we see it as something that will pass in time, and we’re there for the long haul.”"
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