INVESTMENT WATCH- Majid Al Futtaim opens EGP 6.8 bn Heliopolis mall: UAE-based real estate developer and retail giant Majid Al Futtaim (MAF) opened yesterday its EGP 6.8 bn City Center Almaza shopping mall in Heliopolis, Al Mal reported. The mall includes 260 retail shops, a cinema and a Carrefour hypermarket. “Egypt is today the fastest growing market so it is back and it is back well and hopefully for good…we are very happy with Egypt but there is much more to come,” CEO Alain Bejjani told Bloomberg last month.

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