Egypt receives first batch of $35bln from UAE for Ras El-Hekma project
Egypt has received the first batch of the $35 billion funds pledged by the UAE to finance the multi billion-dollar development of the country’s Mediterranean coast known as Ras El-Hekma
A total of 22.2723% of the total issued shares has been offloaded to Emirates Power Investment, making Dubai Holding group the largest shareholder in the company, the Burj Khalifa developer confirmed on Monday.
