Alshaya .... plans big investment in Egypt's retail sector.
Alshaya mulls mega mall in Egypt
KUWAIT, February 4, 2015
M H Alshaya Company, a leading retail franchise group headquartered in Kuwait, has plans to build a mega mall in Egypt, a senior executive of the company was quoted as saying.
The group could invest up to $3 billion in the country in the next four years, Alshaya executive chairman Mohammed Abdul Aziz Alshaya was quoted as saying.
The group will focus its investments on constructing a mega mall on an area of 120 acres, he said.
Alshaya is a franchise operator for over 55 of the world's most recognised retail brands.