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Reading: Majid Al Futtaim Group plans $1bn investment in Egypt to expand Carrefour branches 
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KSA Newsroom > News > KSA > automotive > Majid Al Futtaim Group plans $1bn investment in Egypt to expand Carrefour branches 
automotive

Majid Al Futtaim Group plans $1bn investment in Egypt to expand Carrefour branches 

KSA Newsroom
Last updated: 2023/11/27 at 11:45 AM
KSA Newsroom 2 years ago
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The group’s CEO, Ahmed Galal Ismail, stated that they have provided 9,000 job opportunities in Egypt. Shutterstock

RIYADH: Egypt is set to receive an investment of $1 billion from Dubai-based retail company Majid Al Futtaim Group after the firm held talks with the North African country’s prime minister. 

According to the presidency of the Egyptian Cabinet, the retail group intends to expand Carrefour branches to 140 in 25 cities and…



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