Cairo – Mubasher: UAE-based SEED Group is planning to expand in the Egyptian market and invest in several sectors in the country, CEO Hisham Al Gurg revealed.
SEED Group, which is owned by Sheikh Saeed bin Ahmed Al Maktoum, has recently signed a number of deals with a company operating in Egypt.
The signings are set to pave the way for other deals and investments currently under-study by the two parties, Al Shorouk newspaper reported.
SEED Group’s CEO did not uncover more details about the planned investments, but said all will be announced in due time.
SEED Group has many promising investments and subsidiaries in the fields of technology and communications, healthcare, tourism, and real estate, under its umbrella, with investments exceeding $1.6 billion around the world.
Our strength lies in our ability to establish strategic partnerships with companies and organisations, Al Gurg highlighted.
