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Al Hokair Group to Raise Egypt Investments, al-Madina Reports

Al Hokair Group, a Saudi entertainment and leisure company, plans to raise its investments in Egypt as the political situation stabilizes, al-Madina said, citing General Manager Ziad Maghrebiyeh.

The investments will include five commercial centers around the cities of Cairo and Alexandria, the newspaper said.

Al Hokair will have a total of 3.5 billion Egyptian pounds ($570 million) invested in Egypt, newspaper said.

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