Omar Al-Futtaim Heads a High-Level Delegation from Al-Futtaim Group at the Egyptian Economic Development Conference in Sharm El Sheikh to Support and Develop the Egyptian Economy
Egypt Economic Development Conference Marks a New Beginning for the Egyptian Economy
Omar Al-Futtaim, Vice Chairman of Al-Futtaim Group – the largest investment group in the UAE and the Middle East – announced his participation in the Egyptian Economic Development Conference held in Sharm El Sheikh, along with a high-level delegation. This reflects the Group’s confidence in the Egyptian market and the investment opportunities available at this important event.
Al-Futtaim Group stated, “The UAE, both government and citizens, stand by the Egyptian people. It is committed to supporting the Egyptian economy and benefiting from the positive investment climate facilitated by the Egyptian government to investors.”
The Group added, “The Egyptian Economic Development Conference is an opportunity to see promising investment projects that will be launched to boost production, which will mark a new beginning for the growth of the Egyptian economy.”
Al-Futtaim highlighted Cairo Festival City’s success, which is one of the largest integrated real estate projects in Egypt, featuring Villas, Apartments, Mall, Offices and entertainment facilities. The project to be completed with a total of EGP 19 billion, stressing the Group’s desire to increase investments.
