Egypt and UAE Strengthen Ties with $35 Billion Ras El-Hekma Project

  • Egypt-UAE discussions focused on the Ras El-Hekma project, a strategic development zone on Egypt’s northwest coast.
  • Egyptian PM Madbouly met UAE ministers to strengthen bilateral ties and review joint projects.
  • Ras El-Hekma project, backed by UAE’s ADQ with a $35 billion investment, aims to develop a smart, sustainable city with tourism hubs, infrastructure, and more.
  • Discussions included collaborations in petroleum, gas, data centers, and airport management sectors.
  • Focus on renewable energy projects like Benban solar hub aligns with Egypt’s economic goals for clean energy and infrastructure development.