Egyptian Tourism Federation launches $1bn investment fund
05/06/2014 12:02 pm EDT


share with your network:




Egypt’s Federation of Chambers of Tourism has announced the launch of a $1bn investment fund, Daily News Egypt has reported. The federation established the fund at a minimum value of $1bn in its first phase, which will increase to $5bn in the coming phases, as a means to rescue troubled hotel projects and tourism companies, said chairman of the federation, Ilhamy Zayat.

About the Author



share with your network:


Share your view



© 1996-2015 Media quest FZ LLC A media and entertainment company
Middle East Main Office
[email protected]
© 2015 Dubai Business | Ameinfo . All rights Reserved.