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Country-Plan Projects and Tenders |
| 8963 Subject |
500 مليون دولار قيمة خطة إستثمار في مصر جديدة خلال العامين القادمين لمجموعة سافولا بالسعودية Weeks after it has acquired a tangible multimillion share in EFC - Egyptian Fertilizers Co. SAE, Safola Group of Saudi Arabia announcing plans to invest further $ 500 million in Egypt over the next 2 years. |
| Date Published | Sunday, July 31, 2005 |
| Source Name | Al Alam Al Yom |
| Location Name | Country Wide |
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Description Date Format: (mm/dd/yyyy) |
Weeks after it has acquired a tangible multimillion share in EFC - Egyptian Fertilizers Co. SAE, Safola Group of Saudi Arabia has announced plans to invest further $ 500 million in Egypt over the next 2 years. According to Mr. Sherif Nour, Financial & Investment Advisor to the Group, investments would be directed to buy out existing industrial companies, alternatively to implement new projects. N.B. Group major investments are in the edible oil industry and recently in the fertilizers industry. |
| Sectors Section | Beneficiary Sectors - Industry Food & Beverage |