INVESTMENT WATCH- Majid Al Futtaim plans to increase its investments in Egypt to EGP 23 bn by 2020, according to Al Mal. The company’s priority for 2018 is getting more retailers to open shop at Mall of Egypt. The company will also be working towards completing the 300-store City Centre Almaza in 2019, the company said in a statement (pdf).
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX30 sheds 4.43% in October to post its first back-to-back monthly loss of 2026
The benchmark fell 4.43% and the small caps twice as…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…