Egyptian business tycoon to invest millions in tourist industry

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Sep 27, 2013

ST. GEORGE’S, Grenada, CMC - Government officials have confirmed than Egyptian business tycoon Naguib Sawiris will be investing millions of dollars in Grenada’s hospitality industry.
Sawiris who flew into the island on his private jet, met with Prime Minister Dr Keith Mitchell on Thursday at the Maurice Bishop International Airport before departing.
He is said to be the unnamed investor who will be build a hotel on lands which was recently acquired by Government on the Grand Anse.

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