Monday, 20 May 2019 UAE’s Al Fahim and Zurich Capital to invest USD mn in Egypt
INVESTMENT WATCH- UAE’s Al Fahim, Zurich Capital to invest USD 500 mn in Egypt: The UAE’s Al Fahim Group will partner with Zurich Capital Funds Holding to invest USD 500 mn in Egypt, according to the local press. The two are looking at opportunities in tourism, real estate and finance sectors, among others. No further details on the planned investment or the structure of the partnership were provided. Al Fahim Group currently operates in the automotive, hospitality, industrial, property investment, and tourism industries in the UAE.