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President Abdel Fattah al-Sisi has allocated around 1785 acres (7.5 million square meters) of state-owned land to the Egyptian Ministry of Civil Aviation to build Ras El-Hikma International Airport.  The Egyptian Cabinet approved the decision to build the airport in the northwest coastal area of Matrouh Governorate in April during a cabinet meeting. The deal for establishing the new economic zone, Ras El-Hikma Urban Development Project Company, in the city of Ras El-Hikma, was initially signed with the UAE in…