GCC investments to plug Egypt’s funding gap up to $12bln
Egypt is expected to see a slowdown in foreign direct investments (FDI) due to new US tariffs, but Gulf states could help the country plug its funding shortage over the next two years
The portfolio acquisition comprises a multifamily community in New Jersey, and two senior housing properties in Orange County, California and Long Island, New York.
The agreement covers the construction and operation of a 360-kilometre railway linking the mining areas of Al-Shidiya and Ghor Al-Safi in Jordan to its Aqaba port.
