Скачать или смотреть Egypt-UAE deal of Ras El Hekma Development 2024 | Enjaz Property

In a historic event witnessed by Prime Minister Mostafa Madbouli, Egypt and the United Arab Emirates embarked on a transformative journey by signing an unprecedented investment agreement on February 23, 2023. The pact, inked at the New Administrative Capital, heralds the dawn of Ras Al-Hekma, a visionary urban oasis poised to redefine Egypt's coastal landscape. With an initial pump of $35 billion in foreign direct investment (FDI) to Egypt, this collaboration addresses Egypt's immediate economic needs while laying the groundwork for sustainable growth and development.

Nestled along the North Coast, Ras Al-Hekma's development project will expanse over 40,600 acres, embodying Egypt's commitment to innovation and progress. Led by the collaborative efforts of the New Urban Communities Authority and the Abu Dhabi Development Holding Company, the project aims to have a vibrant urban ecosystem comprising residential districts, fancy hotels and resorts, and cutting-edge road infrastructure.

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