The Group aims to provide outsourcing and joint services to its clients in several countries from its center in Egypt
Counselor Mohamed Abdel Wahab, CEO of the General Authority for Investment and Free Zones “GAFI”, participated in the opening of the headquarters of Majid Al Futtaim Global Solutions in "City Center Almaza" Investment Zone, which includes the establishment of a joint outsourcing services center in Egypt.
Counselor Mohamed Abdel Wahab assured that the decision of Majid Al Futtaim Global Solutions to invest in Egypt and the choice of Egypt as a center for outsourcing its operations in the region confirms that Egypt has an attractive investment climate and it is considered an important investment destination in this field, especially in light of the availability of young Egyptian skills and cadres qualified to export services related to business development and information technology. This comes in line with the State’s directions towards enhancing investment in human cadres, providing training programs and building the necessary capabilities for using the best modern technology and providing various services electronically, in line with the modern requirements of the labor market, noting that the Group aims to provide outsourcing services and joint services to its clients in several countries, starting from its center in Egypt.Khaled El Chidiac, CEO of Majid Al Futtaim Global Solutions, confirmed that this opening came as a result of the joint work between GAFI and the company. He praised the role of GAFI in the incorporation of the company, noting that the Investment Zones Framework has allowed the company to easily obtain the required approvals and licenses for "City Center Almaza" project.It is worth noting that the project is located on a surface area of 123,658 m2 in City Center Almaza Investment Zone, where the total investments of the Zone amounted to about EGP 9.350 billion. The mall accommodates 263 shops in various fields, in addition to many means of entertainment.
The mall is the first of its kind for Majid Al Futtaim Group, the leader in the development and management of shopping malls; integrated cities; retail and entertainment facilities in the Middle East, Africa and Asia. The company will contribute to the injection of more investments and creation of job opportunities for the youth. Currently, it provides more than 500 job opportunities for specialists of qualified Egyptian cadres at the highest level in the fields of joint services provision in finance, human resources, procurement and information technology services, with 1000 new opportunities being available in the near future.
On the sidelines of the opening, GAFI CEO held a meeting with the CEO of "Majid Al Futtaim Holding" Mr. Alain Bejjani, who asserted the company's aspiration to expand its investments in Egypt in the coming phase, and praised the success achieved by the company's existing investments in the current phase.
