Saudi’s Othaim Group to Invest US$ 300 Million in EgyptSource: www.export-egypt.com 2/1/2016, Location: Africa |
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The Saudi Othaim For Leisure & Tourism plans to invest US$300 million (LE3.3 billion) in Egypt over the next five years, according to the company’s chief executive.
Fahd bin Abdullah al-Othaim said the company will open two new projects in Cairo this year. He added that the company will open a new one in Porto Cairo on an area of 5,000 meters. The company earlier opened its entertainment facility of My Town after opening Faby Land in Dandy Mall on the Alexandria desert road. |
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