Emaar Properties announces investments in Egypt set to reach approximately US$35 billion
Founder of UAE Company Emaar Properties, Mohamed Alabbar said his company plans to invest LE 900 billion in the Marassi Red project in Egypt’s Red Sea. Alabbar confirmed on CNBC Arabia that Emaar’s investments in Egypt will reach approximately US$35 billion after signing the Marassi Red contract. Egyptian Prime Minister Mostafa Madbouly saw the signing …
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Egypt Independent
September 8, 2025
