Amer Abdulaziz Khansaheb, managing director of the UAE-based Khansaheb Investment, said that his company is studying the available opportunities of investment in the Egyptian market, adding, “the construction and health sectors are very attractive.”
Abdulaziz told Daily News Egypt that his company works in the fields of real state, health, retail, and consumer products, noting that he will take a decision regarding entering the Egyptian market by 2021.
“In recent years, we operated in new markets in the Arabian Gulf countries like Kuwait, Saudi Arabia, and Oman. We have projects there and we will wait to finish them to determine the situation of investing in the Egyptian market,” said Abdulaziz.
The company’s investments in the United Emirates are worth about AED 1bn, said Abdulaziz, adding that they have not decided yet the value of investments to be funnelled into the Egyptian market.
Abdulaziz said that the company chooses countries where it has good access and contacts, adding, “Egypt is the biggest country in the region and we would be happy to invest in it.”
