Saudi investor to establish EGP 2 bn fish farm in Al Nageela

INVESTMENT WATCH- A Saudi investor is looking to set up an EGP 2 bn fish farm in Marsa Matrouh’s Al Nageela, a local government official . The project is part of a local development plan, Matrouh Governor Alaa Abou Zaid tells the newspaper. Among the investments he expects in the first phase of the program are a new port and real estate developments.