The new projects include development of four shopping malls and other facilities in greater Cairo, and the introduction of VOX cinemas over the next five years.
The investments include drilling nearly 40 new development wells, a similar number of workovers on existing wells, building new pipelines and debottlenecking an existing plant.
Analysts say the Swedish government’s change of tack in foreign policy could jeopardise billions of dollars in sales, particularly for defence-related companies
The Gulf’s wealthy prefer to invest in the region with 83 per cent of the high net worth individuals wanting to keep their assets closer to home, a survey said.
Significant pay increases at C-level were among the factors driving overall salaries up over the last year, according to the Gulf Business 2015 Salary Survey.