Egypt's retail industry to benefit from investment
Majid Al-Futtaim, a Dubai-based retail giant, is planning to build four new shopping malls in Cairo for $1.6 billion as well as establish 32 new hypermarkets for $700 million, according to a report on Ventures Africa.
For more:
- Ventures Africa: Al-Futtaim To Invest $2.5bn In Egypt's Retail Industry... According to the article, the retailer is set to raise its investment in Egypt by a reported $2.5 billion through these projects.
