UAE-based Emaar’s investments in Egypt exceed 200 bln pounds

By Amwal Al Ghad English On Jul 25, 2020

Mohamed Alabbar, Chairman of Dubai's Emaar Properties

The investments of UAE-based developer Emaar Properties in Egypt exceeded 200 billion Egyptian pounds ($12.5 billion), announced its board chairman on Friday.

The global economy is expected to recover within a timeframe of 12 years, Mohamed Alabbar said in an interview with CNBC.

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