|
UAE Habthour to begin activities in Egypt
Egypt-United Arab Emirates, Business, 5/4/1999
The United Arab Emirates' El-Habthoor group decided to start its activity in Egypt for the first time, where the representative of the company in Egypt, Ahmed Abd El-Latif, said that the group bought 54% of the shares of El-Ahram company for tourist and estate investment, which is considered a holding company according to the provinces of Egyptian investment law. El-Habthoor group will continue projects underway by El-Ahram, such as establishing a hotel in Giza pyramids, a region for tourist villas at Sakara, and an international hospital, adding that the UAE company bought Egyptian shares worth 20 million pounds.
Previous Stories:
British - French compete for purchasing the Egyptian fuel stations
(4/29/1999)
International offers for establishing a tunnel under Suez Canal
(4/29/1999)
Arab investors compete for three Egyptian tourism companies
(4/29/1999)
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
|
Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info
|
