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FinancialNews
16-11-19
UAE, Egypt to invest USD20bn on economic and social projects
(MENAFN) A USD20 billion joint investment program was launched by the United Arab Emirates and Egypt on Thursday to develop "economic and social projects".
Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al-Nahyan made the announcement during a visit to Abu Dhabi by Egyptian President Abdel Fattah el-Sisi.
Sheikh Mohammed said in a tweet "We launched a joint strategic investment platform between the UAE and Egypt worth USD20 billion to implement vital economic and social projects for our brotherly countries,"
He added that he and Sisi discussed ways to strengthen relations and enhance coordination.
MENAFN1611201900450000ID1099282437
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