Majid Al Futtaim to invest $16.16mln in Egypt next year

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Majid Al Futtaim intends to launch a retail business school in 2023

Staff Writer, Mubasher

December 20, 2022

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Country Manager of Majid Al Futtaim Retail in Egypt, Philippe Peguilhan, announced that his company plans to invest EGP 400 million in Egypt in 2023 and EGP 750 million by 2025.

Peguilhan added that the company’s total investments in Egypt amount to EGP 2.30 billion so far, according to a recent statement.

Majid Al Futtaim intends to launch a retail business school in 2023.

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