Egypt approves establishing special free zone in Ras al-Hikma peninsula

Published: Updated:
Read Mode
100% Font Size
1 min read

Egypt approved establishing a special free zone and international touristic port in the Ras al-Hikma peninsula, west of Alexandria, a cabinet statement said on Wednesday.

For all the latest headlines follow our Google News channel online or via the app.

Egypt in February signed a $35 billion investment partnership agreement with the United Arab Emirates to develop the peninsula, in one of the biggest deals of its kind.

Read more:

Egypt draws up plans for south Sinai land after UAE investment deal

IMF official foresees gradual debt reduction for Egypt through loan program extension

Ras al-Hikma: Egypt receives first $5 bln payment from UAE for coastal city project

Top Content Trending