By attracting foreign investments… A report reveals when will the economic crisis end in Egypt?
Salt “Numbers and Markets” program Broadcast on “Azhari” channel. A report on the Ras El-Hekma deal, and Egypt’s approaching receipt of the second batch of financial dues for the Ras El-Hekma city development project, as the Minister of Planning announced the arrival of this batch next May, estimated at about 14 billion dollars, out of a total of 35 billion value of the deal, after the process The signing took place last February, with the Emirati side and the Holding Company (ADQ), headed by Sheikh Tahnoon bin Zayed Al Nahyan.
According to Report This deal includes large investments in various sectors such as tourism, real estate, and infrastructure, as this deal is expected to have a significant positive impact on the Egyptian economy, as it will enhance economic growth, provide new job opportunities, and attract national and foreign investments.
The report confirmed that this deal is the largest in the history of the Egyptian economy, and its most important timing is a major reason for the country’s emergence from a crisis that lasted for many months, the title of which was the scarcity of foreign transactions with all the repercussions it caused.
- For more: Elrisala website and for social networking, you can follow us on Facebook
- Source of information and images “rosaelyoussef”“
