Egypt and the UAE sign a significant investment agreement for the Ras al-Hikma peninsula

  • Date: 01-Apr-2024
  • Source: Lebanon LBCI
  • Sector:Real Estate
  • Country:Egypt
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Egypt and the UAE sign a significant investment agreement for the Ras al-Hikma peninsula

Egypt signed an investment partnership agreement with the United Arab Emirates on Friday to develop the Ras al-Hikma peninsula west of Alexandria, one of its biggest deals.

The project will earn $150 billion, Egypt's Prime Minister Mostafa Madbouly said. Egypt and the UAE sign a significant investment agreement for the Ras al-Hikma peninsula