Abu Dhabi [UAE], February 24 (ANI/WAM): The Ministry of Investment of the UAE witnessed the signing of a landmark agreement between the Government of the Republic of Egypt and the Government of the UAE, represented by a private consortium led by ADQ, an Abu Dhabi-based sovereign investor. Under the agreement, which marks the largest foreign direct investment in the history of Egypt, ADQ will invest USD 35 billion in Ras El-Hekma, a coastal region located approximately 350 kilometres northwest of Cairo. In addition to acquiring the development rights for Ras El-Hekma for USD 24 billion, ADQ wil…
