Emaar Chairman Mohamed Alabbar has appetite for new opportunities in Egypt — and may once again be looking at investing in the New Administrative Capital. Also on the high-profile real estate and retail guru’s list: New Alamein, Cairo, and South Sinai, according to a statement from the Investment Ministry. Alabbar expressed interest during a meeting with Minister Sahar Nasr, but no further detail was disclosed. Alabbar’s Capital City Partners had been tapped during the EEDC to build what was to be called The Capital Cairo, but the agreement began falling apart in the summer of 2015. Anything that would see Alabbar return in force to Omm El Donia would be most welcome.

Tags: