{"id":321093,"date":"2021-02-16T09:13:09","date_gmt":"2021-02-16T09:13:09","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=321093"},"modified":"2021-02-16T09:13:09","modified_gmt":"2021-02-16T09:13:09","slug":"al-futtaim-plans-2-2bn-investments-in-egypts-cfc-over-two-years","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/02\/16\/al-futtaim-plans-2-2bn-investments-in-egypts-cfc-over-two-years\/","title":{"rendered":"Al Futtaim plans $2.2bn investments in Egypt&#8217;s CFC over two years"},"content":{"rendered":"<p>Group Director of Al-Futtaim Malls\u00a0Timothy Earnest\u00a0said that the group aims to invest EGP 2.2 billion in Cairo Festival City Mall in eastern Cairo during 2021 and 2022.<\/p>\n<p>The investments include EGP 2 billion for new expansions and EGP 200 million for renovations in the mall, Earnest said in a press conference on Monday.<\/p>\n<div id=\"Outstream\"><\/div>\n<p>Renovations in the mall will be complete within 18 months, he added, noting that shopping will not be disrupted during the renovation process.<\/p>\n<p>Since its launch seven years ago, the mall has received about 100 million people.<\/p>\n<p>The group plans to establish a new shopping mall in Egypt, which will be most likely located\u00a0in the New Administrative Capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Group Director of Al-Futtaim Malls\u00a0Timothy Earnest\u00a0said that the group aims to invest EGP 2.2 billion in Cairo Festival City Mall in eastern Cairo during 2021 and 2022.<\/p>\n","protected":false},"author":4,"featured_media":321094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33,29],"tags":[263],"class_list":["post-321093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main","category-real-estates","tag-al-futtaim"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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