Ras al-Hikma

Second tranche of Ras al-Hikma deal expected to be deposited on Friday: Sisi
Economy

Second tranche of Ras al-Hikma deal expected to be deposited on Friday: Sisi

Egypt has received the first tranche of funds pledged by the UAE from a total of $35 billion. President Abdel…
International Monetary Fund comments on Egypt’s Ras al-Hikma deal
Business

International Monetary Fund comments on Egypt’s Ras al-Hikma deal

The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva, said that Egypt’s announcement on Friday of a $35…
Egyptian state to compensate people of Ras al-Hikma: Official
Egypt

Egyptian state to compensate people of Ras al-Hikma: Official

Egyptian Cabinet spokesperson Mohamed al-Hommosany assured that the state is fully committed to compensating the people of the Ras al-Hikma…
US dollar exchange rate to stabilize in six months: MP
Business

US dollar exchange rate to stabilize in six months: MP

The Chairman of the Plan and Budget Committee in the Egyptian House of Representatives and former expert at the IMF,…
Egypt, UAE agree to invest US$ 150 billion into Ras al-Hikma project
Egypt

Egypt, UAE agree to invest US$ 150 billion into Ras al-Hikma project

Egyptian Prime Minister Mostafa Madbouly on Friday revealed further details regarding the Ras al-Hikma development project, done in partnership between…
PM: “Ras al-Hikma” project biggest investment deal in Egypt’s history
Egypt

PM: “Ras al-Hikma” project biggest investment deal in Egypt’s history

Prime Minister Mostafa Madbouly said the development project of Ras al-Hikma city on the North Coast is the biggest foreign…
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