Foreign Direct Investment

The National Bank of Egypt, successfully completed a US $1bn deal with Al Ghurair Group to establish the world’s largest beet sugar factory. The project champion is Emirati investor Jamal Al Ghurair. Mr. Jamal serves as Chairman and Managing Director at Al Khaleej Sugar Company L.L.C. He has a broad base of commercial experience in the sugar business. As well as, holding key posts in other public and private sectors. At the agreement signing was Hisham Okasha,…