Leading Kuwait businessman to invest $3bn in Egypt
Leading Kuwaiti businessman Mohammed Abdulaziz Alshaya
Kuwait City - MENA
Leading Kuwaiti businessman Mohammed Abdulaziz Alshaya says he is seeking to channel $3bn investments into Egypt over the next four years.
He made this announcement during his meeting with Egyptian Prime Minister Ibrahim Mahlab, who ended his visit to the Gulf nation Tuesday.
"We are eying more investments in Egypt," Alshaya said.
He said his group is planning to build a roughly 120-acre shopping mall in Egypt.
Alshaya is executive chairman of Kuwait-based M.H. Alshaya Co., M.H. Alshaya Co., a leading
international franchise operator.
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