File - Prince Alwaleed bin Talal is seen leaving the High Court in London in this July 2, 2013.(REUTERS/Neil Hall)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Saudi Arabian billionaire Prince Alwaleed bin Talal will team with Egyptian developer Talaat Moustafa Group to invest $800 million in Egyptian hotel projects, one of the largest planned injections of foreign cash since Egypt embarked upon a major economic reform program.Egypt has said it hopes to exceed its $10 billion target for foreign direct investment this year, after taking a series of steps meant to restore investor confidence, including easing currency restrictions and cutting subsidies in a successful bid to win a $12 billion International Monetary Fund loan.
FOLLOW THIS ARTICLE