Egyptian Prime Minister Mostafa Madbouly announced on Friday that the UAE plans to pump $35 billion ‘in direct investments’ into Egypt within two months in accordance with an agreement signed between the Egyptian and Emirati governments to develop 170.8 million square metres in the Ras El-Hekma region on the Mediterranean Sea in northwestern Egypt.
The prime minister stressed that this amount ‘will be used to solve the economic crisis’.
Egypt has been experiencing one of its worst economic crises in decades with fallout from the Covid-19 pandemic, the Ukraine war as well as the ongoing Israeli war on Gaza and its impact on Suez Canal revenues.
Read more: https://www.middleeastmonitor.com/20240224-egypt-pm-uae-to-pump-35bn-into-egypt-within-2-months/
عن هذه الصفقه الاستثماريه الكبرى اللي بتعتبر بكل المقاييس هي اضخم صفقه استثمار اجنبي مباشر في تاريخ مصر طول مدى المشروع سيكون للدوله المصريه حصه من ارباحه وان شاء الله تكون هذه المدينه بنتكلم بنستهبل المستويات على اعلى مستوى وتستقطب حجم سياح لن يقل الاحوال عن 8 مليون سائح اضافي i رو
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Sold out the Palestinians for some Jewish money