Source: Spokesman for the Egyptian Presidency
President Abdel Fattah El-Sisi and Sheikh Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates, inaugurated the Ras El-Hikma Development Project today. The launch event was attended by Prime Minister Mostafa Madbouly and prominent business leaders from Egypt and the UAE.
The leaders viewed a presentation on the project's economic, investment, real estate, tourism, and environmental importance. They were briefed on the unique features of the region, the integrated services offered, and the economic and developmental opportunities the project will unlock. Additionally, Egyptian and Emirati companies signed contracts to initiate work on the project.
Both presidents expressed gratitude to those involved in the project, highlighting its significance in bolstering economic and investment relations between Egypt and the UAE. They noted that this initiative exemplifies a productive development partnership between the two nations.
The event also saw a new partnership launched between global, Egyptian, and Emirati companies to drive innovation in the electric vehicle sector across the Middle East and North Africa.
Disclaimer and Terms of Use
The data provided on any page at www.egvest.com aren't for any investment decision or taking any action of buy or sell of any asset or investments of any type; the information on this page has been obtained from sources that EGEVST believed to be reliable, we have not independently verified such information, and it may not be accurate or complete.
EGVEST.com published a delayed feed for the Egyptian stock exchange executed stocks and its leading indices through a previous contract with EGID "Egypt for Information Dissemination" the delayed feed is referred to below as "information."
The "information" displayed and published by EGVEST.com could lead to financial losses. It should be used on a personal and only personal responsibility. The "information" contains simplified mathematical calculations that clarify, simplify, and classify the "information" without using any financial valuation methods and don't represent any recommendation to buy, sell or hold financial assets.
The Data source is the Central Bank of Egypt website and on this system for display only without any analysis or recommendations
Comments