The Egyptian government is actively pursuing additional sales of state assets following a $35 billion deal in February, which involved selling beach land to the United Arab Emirates (UAE), according …
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Ras al-Hikmah
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The United Arab Emirates (UAE) has finalized a deal to purchase the coastal town of Ras al-Hikmah in Egypt for $35 billion. According to Egyptian Prime Minister Mostafa Madbouly, the …