Search

Egypt Secures $35 Billion UAE Investment for Mediterranean Development

  • Egypt unveils a $35 billion UAE investment for Ras El Hekma’s development.
  • The deal could escalate to $150 billion, setting a historic benchmark for Egypt’s economic revival.

 

Egypt has inked a groundbreaking agreement with the United Arab Emirates to develop a prime section of its Mediterranean coast, projected to bring in $35billion in investments over the coming two months.

You need an active subscription to continue reading this article.

Recent Business

breaking_news
Côte d’Ivoire Inflation Slows to 0.5 %, a Five‑Year Low
Read More »
generic-1-1024x683
Egypt Cuts Key Rates by 225 Basis Points, Opening a Long‑Awaited Easing Cycle
Read More »
guilherme-cunha-4zwozQxDbD4-unsplash-2
Contract Impasse Halts $650 Million Temane Gas Plant in Mozambique
Read More »

Recent Politics

generic-1-1024x683
Militant Group Claims Pipeline Attacks in Niger Delta, Escalating Political Tensions
Read More »
yonko-kilasi-juex154AuVA-unsplash
Kenya Moves to Broaden Money Laundering Oversight in Exit Bid
Read More »
generic-1-1024x683
Tinubu’s Emergency Rule in Rivers Sparks Constitutional Backlash
Read More »

Latest Posts

Latest news insights