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Partnership with UAE private sector reflects growing confidence in Egyptian economy – PM (opens original article in a new tab)

TL;DR

Egyptian Prime Minister highlights UAE-Egypt private sector partnership as a sign of growing economic confidence and investment in a $3.1 billion urban development project.

  • Prime Minister Mostafa Madbouly stated that partnerships with UAE private sector investors reflect growing confidence in Egypt's economy.
  • The agreement involves a $3.1 billion urban development project in Mada, New Cairo, spanning 553 feddans.
  • The event took place at the cabinet headquarters in the New Capital, highlighting investor confidence in Egypt's opportunities.

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