Investment Minister Sahar Nasr sat down with the head of Kuwaiti franchise conglomerate Mohamed Al Shaya to discuss the possibility of building a mall in the new administrative capital on Monday,according to a ministry statement. The Avenues Mall would potentially be attached to a hotel or medical complex. Nasr also spoke to head of Sokhna Refinery and Petrochemicals Company Essam Saqr about increasing their investments in the Ain Sokhna area. SRPC recently secured funding of USD 1.4 bn from European and Chinese lenders for its refinery project in Ain Sokhna.

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