Egypt received a substantial financial boost from the United Arab Emirates on Wednesday, securing a $14 billion payment for the ongoing development of the Ras al-Hikma peninsula, situated to the west of Alexandria.
This transaction is part of a larger agreement involving the Abu Dhabi sovereign fund ADQ, which totals $35 billion in investments, marking it as one of the most significant of its kind, according to a statement from the Egyptian cabinet.
The plan involves converting the deposit into Egyptian pounds (EGP), further bolstering Egypt's economic stability and cooperation with the UAE.
Sudan's agriculture minister, Abubakr al-Bushra, dismissed claims of famine in the country, questioning UN-backed data that 755,000
A heatwave in Morocco has claimed at least 21 lives within 24 hours in the central city of Beni Mellal,
Morocco's Economy and Finance Minister, Nadia Fettah Alaoui, announced on Thursday that the country's economy is
A Russian warship equipped with advanced hypersonic missiles docked at Algeria's Port of Oran Friday for a "
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