Majid Al Futtaim will open its USD 437 mn City Centre Almaza in East Cairo in September, the company said in a statement (pdf). Owners will receive the keys to their shops at the beginning of September and the mall will be open to customers by the end of the month, the company said. The European Bank for Reconstruction & Development (EBRD) has provided up to USD 200 mn to Majid Al Futtaim to build the project, which is its third City Centre in Egypt.

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