The Military Production Ministry and France’s JAB Holding Company has signed a cooperation protocol that will see the two building, financing, and managing developmental projects in Damietta’s Furniture City,according to a cabinet statement. The size of the investment and the timeline of the projects have not been announced. The ministry aims to establish a furniture mall, two hotels and exhibitions, and design centers. The ministry also plans to facilitate international exhibitions in Damietta and in Europe as part of the furniture city’s development.
More from Enterprise
Your points are currency, treat them like one
Most people treat credit card points like a pleasant surprise:…
How should young people think about money and budgeting?
Your income and your time are your biggest assets in…
Egypt tenders 128-km transmission line to plug in El Dabaa
Plus: Gov’t mulls importing 30 more LNG cargoes in 4Q…
Blnk raises USD 37.1 mn to scale its consumer finance operations
The local fintech reached profitability last year and will use…