|23 August, 2019

Saudi Arabian Centres to operate Egypt’s Mansoura Mall in 2021

The new mall is expected to create 10,000 indirect and direct jobs

Image used for illustrative purpose. People buy food and shop at the Mall of Egypt in 6th of October City, on the outskirts of Cairo, Egypt March 13, 2017.

Image used for illustrative purpose. People buy food and shop at the Mall of Egypt in 6th of October City, on the outskirts of Cairo, Egypt March 13, 2017.

REUTERS/Amr Abdallah Dalsh

Riyadh –  Saudi-based Arabian Centres Company is expecting to start the operation of the shopping mall in Egypt’s Mansoura in 2021.

The company acquired 47-acre land in Mansoura to build the shopping mall that will be designed under the highest international standards, according to a company statement.

The new mall is expected to create 10,000 indirect and direct jobs, Arabian Centres revealed.

Arabian Centres disclosed its interim financial results for the second quarter of 2019, which showed a 180.37% year-on-year profit hike.

Source: Mubasher

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