{"id":643060,"date":"2017-08-29T03:38:27","date_gmt":"2017-08-29T03:38:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/saudi-prince-khaled-bin-alwaleed-wants-to-invest-in-egypt\/"},"modified":"2017-08-29T03:38:27","modified_gmt":"2017-08-29T03:38:27","slug":"saudi-prince-khaled-bin-alwaleed-wants-to-invest-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/saudi-prince-khaled-bin-alwaleed-wants-to-invest-in-egypt\/","title":{"rendered":"Saudi Prince Khaled Bin Alwaleed wants to invest in Egypt"},"content":{"rendered":"

<\/a> INVESTMENT WATCH- Yet another Saudi wants to invest in Egypt. <\/strong>Saudi Prince Khaled Bin Alwaleed Bin Talal Al Saud expressed interest in investing in new projects in Sharm El Sheikh \u2014 partnering with companies to expand current projects, or helping financially struggling companies, according to an Investment Ministry statement<\/a>. Al Saud told Investment Minister Sahar Nasr that it was improvements in Egypt\u2019s investment climate was what drew him to expand in the country in a meeting in Cairo yesterday. Al Saud\u2019s offer is the latest in a series on investment announcements by Saudi investors, including interest from Alwaleed bin Talal<\/a> in a USD 800 mn project with Talaat Moustafa Group, Al Hokair Group planning to invest EGP 3 bn<\/a> in Damietta Furniture City, and plans by Abdulrahman Sharbatly and Fahd El Shobokshy<\/a> to jointly invest USD 2.15 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Yet another Saudi wants to invest in Egypt. Saudi Prince Khaled Bin Alwaleed Bin Talal Al Saud expressed interest in investing in new projects in Sharm El Sheikh \u2014 partnering with companies to expand current projects, or helping financially struggling companies, according to an Investment Ministry statement. Al Saud told Investment Minister Sahar […]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-643060","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"2bf22632-7965-4175-bc60-081e08f9e928","order":"0","is_powered_by":true,"section_story_id":"31e958e5-e1f7-4112-8c0c-09a9bb3cd501","story_type":"1","photo_url":"","photo_position":"above","related_issue":[643052],"teaser":"","voice_url":""},"yoast_head":"\nSaudi Prince Khaled Bin Alwaleed wants to invest in Egypt - 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\/2017\/08\/29\/saudi-prince-khaled-bin-alwaleed-wants-to-invest-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Prince Khaled Bin Alwaleed wants to invest in Egypt\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Yet another Saudi wants to invest in Egypt. Saudi Prince Khaled Bin Alwaleed Bin Talal Al Saud expressed interest in investing in new projects in Sharm El Sheikh \u2014 partnering with companies to expand current projects, or helping financially struggling companies, according to an Investment Ministry statement. 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Saudi Prince Khaled Bin Alwaleed Bin Talal Al Saud expressed interest in investing in new projects in Sharm El Sheikh \u2014 partnering with companies to expand current projects, or helping financially struggling companies, according to an Investment Ministry statement. 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The funds will be used\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":642483,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/15\/no-confirmation-on-alwaleed-investing-in-egypt-ventures-miic\/","url_meta":{"origin":643060,"position":2},"title":"No confirmation on Alwaleed investing in Egypt Ventures -MIIC","author":"enterpriseam admin","date":"15 August 2017","format":false,"excerpt":"CORRECTION- A senior official at the Investment and International Cooperation Ministry contacted us yesterday to confirm that Prince Alwaleed bin Talal has not discussed plans to invest in the Egypt Ventures fund with Minister Sahar Nasr, as mentioned by Al Borsa. 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Kingdom Holding Company, which is chaired by Saudi Prince Alwaleed bin Talal, said in a statement it had purchased a 7%\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":637112,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/08\/alwaleed-has-no-stake-in-tmg-company-to-self-finance-expansions\/","url_meta":{"origin":643060,"position":4},"title":"Alwaleed has no stake in TMG, company to self-finance expansions","author":"enterpriseam admin","date":"8 November 2017","format":false,"excerpt":"Saudi Prince Alwaleed bin Talal has no investments in Talaat Moustafa Group Holding (TMG) personally or indirectly through subsidiaries including Kingdom Holdings, the company told the EGX yesterday. 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