Four Planet Hollywood restaurants planned for Egypt

The El-Sadat group for investment has decided to construct four Planet Hollywood restaurants in different parts of Egypt at a cost of 15 million pounds.

The head of the group, Effat El-Sadat, told ArabicNews.com that his group has agreed with Egyptian businessman Talaat Mostafa, the deputy of prince El-Walid Bin Talaal, the owner of franchise rights for Planet Hollywood in the Middle East.

El-Sadat added that the first of these restaurants would be inaugurated in July in Sharm El-sheikh.

The El-Sadat group has also finished a factory for producing natural water from Sywa Oasis at a cost of 40 million pounds.