UAE, Egypt, Jordan agree to $10 billion investment partnership
UAE, Egypt, Jordan agree to $10 billion investment partnership
The United Arab Emirates, Egypt and Jordan announced a new industrial investment project Sunday.
What it means: The three countries signed the Industrial Partnership for Sustainable Economic Growth in Abu Dhabi. The partnership allocates $10 billion to an investment fund managed by ADQ, which functions as a sovereign wealth fund for the UAE. The countries will invest in the following sectors:
food