Egypt signs major multibillion development deal with UAE

A major development project deal was signed on the afternoon of 23 February 2024 between Egypt and the United Arab Emirates to develop the town of Ras al-Hekma on Egypt’s Mediterranean coast, some 170km west of Alexandria. The Egyptian-Emirati partnership deal will transform the coastal city of Ras al-Hekma into a global tourist destination built … Continue reading Egypt signs major multibillion development deal with UAE