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Prince Alwaleed bin Talal of Saudi Arabia is planning to invest around $US 800 million on projects in Sharm el-Sheikh, the Mediterranean city of al-Alamein, and Madinaty, a recently completed compound near El Shorouk City, said Investment Minister Sahar Nasr on Monday. In a new partnership with Egypt’s real estate giant Talaat Moustafa Holding Group, the majority of the investment will be allocated to the expansion of the Four Seasons Resort in Sharm el-Sheikh, Nasr said in a statement. The…
