#foreign investment
Egyptian President Al-Sisi announced that initial funds from the UAE for the Ras El Hekma development project have been transferred to the Central Bank of Egypt, during the fifth edition of the "Kaderoun Bekhtelaf" (Differently-Abled) event on Wednesday, 28 February. This follows the recent signing of a USD 35 billion (EGP 1 trillion) agreement between Egypt and the UAE for the project. Last week, ADQ, an Emirati holding company, confirmed its investment in Ras El Hekma, securing development rights…
