Al Futtaim launches $9bn Cairo Festival City

Egypt: Tuesday, April 22 - 2008 at 07:32

UAE-based Al Futtaim Group has announced plans to develop Cairo Festival City, a three million square metre mixed-use development in the Egyptian Capital. The $9bn development, which will located 20 kilometres southeast of greater Cairo, will be home to a mix of 250 international and regional retail brands and 85 restaurants, cafes and bistros. The project also includes a 400-room luxury hotel and 480 villas.

Jeff  Florian Jeff Florian, Senior Reporter
Tuesday, April 22 - 2008 at 07:32 UAE local time (GMT+4)

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