You need to find a friendship like UAE and Egypt. Their incredible bond has led to a glow up of about AED 80 Billion coming soon!

The UAE will be developing a part of Egypt’s Ras el-Hekma coastline for a whopping AED 80 Billion, and a recent visit from MBZ is a reminder of how deep the bond between the two Arab nations is in these divisive times

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Like, look at this iconic video:

Last week, The president of the UAE HH Mohamed bin Zayed was spotted going around Egypt with El Sisi

The two leaders watched a football match, walked around the new AlAmein city, and even had some coffee. But a huge part of these conversations could be the grand project too!

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Ras el-Hekma is a beach strip about 350 kilometres north-west of Cairo

In Feb 2024, reports came out of a plan for the UAE to work with Egyptian businesses and develop the area. This multi-billion dollar deal will be a big boost for the Egyptian economy. It will also help the country’s current foreign exchange crisis.

 

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