• Egypt progesss

Dubai investor Al-Futtaim Group will inject USD700m into projects in Egypt. A new hotel and up to 500 homes are promised in a new phase of the Cairo Festival City, reports Reuters.The group has also resolved a land dispute with the local government, enabling the restart of the project. Egypt’s government is pushing to solve a backlog of disputes, to encourage foreign investors once more.
Read the full story here:
http://www.reuters.com/article/2014/11/25/egypt-settlement-alfuttaim-idUSL6N0TF30H20141125

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