Telecom Egypt (TE)(ETAL-CA) announced for cooperation protocol with Al-Futtaim Real Estate Group in order to provide telecommunication services ,transfer information and triple play services for ‘Cairo Festival City’ by using developer network based on fiber-technology services, stated by Eng.Mohmaed Al-Nawawi, CEO of TE, adding that TE is seeking to provide the customers’ needs including high-professional services with competitive prices.
Cairo Festival City Mall was officially inaugurated today (November 25th) during an event attended by H.E. Mounir Fakhri Abdel Nour, Egypt’s Minister of Industry and Foreign Trade, attended the ceremony on behalf of the Prime Minister, together with Dr. Sultan Ahmed Al-Gaber, Minister of State in the Government of the United Arab Emirates.
Moreover, several ministers participated in the ceremony, amongst which are, the Minister of Investment, Minister of Housing, Utilities and Urban Development, Minister of Tourism, Minister of Supply, Minister of Electricity and Energy, Minister of State for Local Development, Minister of Civil Aviation, and Minister of Justice.
The opening ceremony was launched by H.E. Minister Mounir Fakhri Abdel Nour, Dr. Sultan Ahmed Al-Gaber, Omar Al-Futtaim and the participating Ministers.
Omar Al-Futtaim, Vice Chairman of Al-Futtaim Group, said: “The retail sector is a key element in Egypt’s economy. The opening of Cairo Festival City Mall is a tangible evidence of the confidence foreign investors have in the promising economic prospects of the Egyptian environment. Notably, investors from the Gulf Cooperation Council (GCC), in particular, have strong positive feelings towards Egypt”.