{"id":546976,"date":"2022-06-05T04:07:45","date_gmt":"2022-06-05T04:07:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/al-futtaim-could-invest-up-to-usd-1-bn-more-in-egypt-by-2025\/"},"modified":"2022-06-05T04:07:45","modified_gmt":"2022-06-05T04:07:45","slug":"al-futtaim-could-invest-up-to-usd-1-bn-more-in-egypt-by-2025","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/al-futtaim-could-invest-up-to-usd-1-bn-more-in-egypt-by-2025\/","title":{"rendered":"Al Futtaim could invest up to USD 1 bn more in Egypt by 2025"},"content":{"rendered":"

<\/a> Al Futtaim could invest up to USD 1 bn in Egypt: <\/strong>Emirati conglomerate Al Futtaim Group is looking to invest between USD 700 mn and USD 1 bn in the Egyptian market over the next three years, CEO Omar Abdullah Al Futtaim told Prime Minister Moustafa Madbouly in a meeting Thursday, according to a cabinet statement<\/a>.<\/p>\n

Al Futtaim says his group is serving as a pathfinder for foreign investors looking to come here: <\/strong>Al Futtaim Group is looking to partner with global firms in Egypt and is working with the Madbouly government to convince more of its international partners to invest here \u2014 particularly in our industrial sector, Al Futtaim said. He said he was optimistic about the new partnership<\/a> with the UAE and Jordan that is set to channel finance into new large-scale industrial projects, under which Abu Dhabi sovereign wealth fund ADQ will invest USD 10 bn.<\/p>\n

Privatization strategy coming soon:<\/strong> The government is still discussing the details of its state ownership policy<\/a>and will publish the final document soon, Madbouly said. Under plans to attract USD 40 bn in fresh investment over the next four years, the state is putting together a roadmap to withdraw from certain sectors of the economy and sell stakes in state-owned firms to private companies. It was originally due to publish the final policy document at the end of May.<\/p>\n","protected":false},"excerpt":{"rendered":"

Al Futtaim could invest up to USD 1 bn in Egypt: Emirati conglomerate Al Futtaim Group is looking to invest between USD 700 mn and USD 1 bn in the Egyptian market over the next three years, CEO Omar Abdullah Al Futtaim told Prime Minister Moustafa Madbouly in a meeting Thursday, according to a cabinet […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7272],"tags":[72,125,281,1996,587,90],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546976","post","type-post","status-publish","format-standard","hentry","category-investment-watch","tag-enterpriseam","tag-investment-watch","tag-moustafa-madbouly","tag-omar-abdullah-al-futtaim","tag-state-privatization-program","tag-uae","wpautop","entry"],"acf":{"mongo_id":"25d9da6b-890f-41df-93ca-d471801154f8","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[546966],"teaser":"","voice_url":""},"yoast_head":"\nAl Futtaim could invest up to USD 1 bn more in Egypt by 2025 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/al-futtaim-could-invest-up-to-usd-1-bn-more-in-egypt-by-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Futtaim could invest up to USD 1 bn more in Egypt by 2025\" \/>\n<meta property=\"og:description\" content=\"Al Futtaim could invest up to USD 1 bn in Egypt: Emirati conglomerate Al Futtaim Group is looking to invest between USD 700 mn and USD 1 bn in the Egyptian market over the next three years, CEO Omar Abdullah Al Futtaim told Prime Minister Moustafa Madbouly in a meeting Thursday, according to a cabinet […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/al-futtaim-could-invest-up-to-usd-1-bn-more-in-egypt-by-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-05T04:07:45+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/al-futtaim-could-invest-up-to-usd-1-bn-more-in-egypt-by-2025\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/al-futtaim-could-invest-up-to-usd-1-bn-more-in-egypt-by-2025\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Al Futtaim could invest up to USD 1 bn more in Egypt by 2025\",\"datePublished\":\"2022-06-05T04:07:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/al-futtaim-could-invest-up-to-usd-1-bn-more-in-egypt-by-2025\/\"},\"wordCount\":233,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"investment watch\",\"Moustafa Madbouly\",\"Omar Abdullah Al Futtaim\",\"state privatization program\",\"UAE\"],\"articleSection\":[\"Investment Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/al-futtaim-could-invest-up-to-usd-1-bn-more-in-egypt-by-2025\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/al-futtaim-could-invest-up-to-usd-1-bn-more-in-egypt-by-2025\/\",\"name\":\"Al Futtaim could invest up to USD 1 bn more in Egypt by 2025 - 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Bejjani had told\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":551221,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/02\/this-evening-al-futtaim-to-invest-usd-1-bn-in-egypt-over-3-years-oil-slides-as-ksa-says-it-could-step-in-for-russian-production\/","url_meta":{"origin":546976,"position":1},"title":"THIS EVENING: Al Futtaim to invest USD 1 bn in Egypt over 3 years + Oil slides as KSA says it could step in for Russian production","author":"enterpriseam admin","date":"2 June 2022","format":false,"excerpt":"Good afternoon, wonderful people. It is finally the weekend and if that weren\u2019t cause enough for celebration, we have good news on the business and investment front to leave you with.THE BIG STORY TODAY UAE\u2019s Al Futtaim Group is looking to invest around USD 700-USD 1 bn in Egypt over\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591421,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/05\/majid-al-futtaim-to-invest-egp-16-bn-in-egypt-in-the-next-2-3-years-ceo\/","url_meta":{"origin":546976,"position":2},"title":"Majid Al Futtaim to invest EGP 16 bn in Egypt in the next 2-3 years -CEO","author":"enterpriseam admin","date":"5 December 2019","format":false,"excerpt":"INVESTMENT WATCH- Majid Al Futtaim to invest EGP 16 bn in next 2-3 years: Emirati real estate developer and retail giant Majid Al Futtaim (MAF) will invest EGP 16 bn in Egypt over the next 2-3 years, CEO Alain Bejjani told Reuters. The company will put EGP 14 bn into\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576100,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/10\/al-futtaim-real-estate-to-invest-egp-5-5-bn-in-real-estate-developments-in-2021\/","url_meta":{"origin":546976,"position":3},"title":"Al Futtaim Real Estate to invest EGP 5.5 bn in real estate developments in 2021","author":"enterpriseam admin","date":"10 November 2020","format":false,"excerpt":"INVESTMENT WATCH- Al Futtaim Real Estate will invest EGP 5.5 bn in real estate developments in 2021, Managing Director Ashraf Ezz El Din said during a presser yesterday, according to Al Mal. The company is also eyeing developing 1 mn sqm of land in East Cairo, he said, without disclosing\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593520,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/01\/majid-al-futtaim-opens-egp-6-8-bn-city-center-almaza-in-heliopolis\/","url_meta":{"origin":546976,"position":4},"title":"Majid Al Futtaim opens EGP 6.8 bn City Center Almaza in Heliopolis","author":"enterpriseam admin","date":"1 October 2019","format":false,"excerpt":"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.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":663795,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/majid-al-futtaim-launches-egp-15-bn-junction-project-in-west-cairo\/","url_meta":{"origin":546976,"position":5},"title":"Majid Al Futtaim launches EGP 15 bn Junction project in West Cairo","author":"enterpriseam admin","date":"15 April 2025","format":false,"excerpt":"The mixed-use project will include 13 commercial and admin buildings and a 5-star hotel, and will be funded in-house, with unit delivery expected within five years.","rel":"","context":"In "Real estate"","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/865.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=546976"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546976\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/546966"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=546976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=546976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=546976"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=546976"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=546976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}