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Egyptian President confirms transfer of money from UAE agreement to Central Bank

Middle East News

2024-02-28 | 07:01

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Egyptian President confirms transfer of money from UAE agreement to Central Bank

Egyptian President Abdel Fattah el-Sisi said on Wednesday that part of the money announced in the agreement signed by Egypt with the UAE regarding the development project of the Ras Al-Hikma area had reached the central bank.

Egypt and the UAE signed a strategic partnership agreement worth $35 billion to develop the coastal peninsula.

Reuters

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Egypt

Abdel Fattah El-Sisi

United Arab Emirates

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