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Posted on: Aug. 8, 2017, 10:33 a.m.
Saudi Arabian billionaire Prince Al Waleed Bin Talal is to invest more than $800 million (Dh2.93 billion) in hotels in Egypt. The announcement came after parliament in May adopted a new law aimed at attracting foreign investment as the authorities seek to reinvigorate the North African country’s struggling economy. Full investment news article