Egypt, UAE businessman review investment project in Alamein

CAIRO – 5 Aug 2017: Ministers Sahar Nasr of Investment and International Cooperation and Moustafa Madbouli of Housing discussed with Mohamed el Dahan, the CEO of Emaar Misr and the representative of UAE business mogul Mohamed el Abbar in Egypt, means of establishing a grand investment project in Egypt's Alamein city.

Dahan underlined Abbar’s desire to boost investments in Egypt in a number of projects in the new administrative capital, Alamein city in addition to other projects in Cairo and South Sinai with the aim of supporting the Egyptian economy and creating job opportunities for the youth.

Meanwhile, the minister of housing voiced the ministry’s readiness to allocate land in Alamein to Emaar Misr via partnership with the government, noting that the piece of land will be sufficient enough to finalize the project as soon as possible.