Dubai Al Futtaim Retail to invest $ 2.3 billion in Egypt

The investment plan is positive for the army-backed government of Egypt, which is trying to attract foreign money to the country and create jobs to alleviate social tensions and achieve a difficult transition for the elections this year .. . MAF, the sole manager of the French retailer Carrefour in the region will expand one of its shopping centers in the district of Maadi in Cairo, at a cost of 3.2 million EGP, and start building next week another shopping center close to the main airport Cairo ‘s cost a similar amount, Malas said. In addition, the company plans to complete the construction of its “Mall of Egypt” project …