UAE Habthour to begin activities in Egypt

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.