Bloomberg News

Kharafi Seeks to Bring Pinewood Studios to Egypt, National Says

May 11, 2012

Kuwait’s Kharafi Group is in talks to bring Pinewood Studios, a U.K. film and television company, to Egypt, where Kharafi is building a Red Sea tourism resort, the National reported, citing Adel Rady, who heads Kharafi’s Marsa Alam Tourism Development unit.

Talks that began two years ago and were postponed during Egypt’s revolution are being revived and Kharafi is seeking to establish a free zone for Pinewood, the newspaper said.

To contact the reporter on this story: Ayesha Daya in Dubai adaya1@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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