Al-Futtaim Group, a major business house in the UAE, will be taking part in Egypt Economic Development Conference (EEDC) due to open in Sharm el Sheikh on March 13.
A top-profile delegation of Al-Futtaim Group will be attending the EEDC, said Omar al Futtaim, the deputy board chairman of the group, noting that this reflects confidence in the Egyptian market and investments opportunities that will be put up for grabs during that important event.
The group, in a statement on Tuesday, said it is keen on supporting the Egyptian economy and benefiting from the positive climate and incentives offered by the Egyptian government to investors.
The EEDC is a good chance to get firsthand information about promising investment projects meant to give the Egyptian economy a shot in the arm, the group said.
Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates.