Egypt receives US$ 10 billion from Ras al-Hikma deal ...Egypt

EGYPT INDEPENDENT - Economy
Egypt receives US$ 10 billion from Ras al-Hikma deal
source : EGYPT INDEPENDENT ( Egypt ) () 150
Egyptian cabinet spokesperson Mohamed al-Hommosany announced that the government on Friday received another five billion dollars from the first installment of the Ras al-Hikma investment partnership deal with the UAE – thereby completing the first tranche worth a total of $10 billion. Prime Minister Mostafa Madbouly announced during the cabinet meeting on Thursday that measures have been taken to coordinate between the Central Bank of Egypt and the UAE to transfer five billion dollars from the deposit into the Egyptian pound. He assured that within two months, Egypt will receive the remaining amount announced to complete the $35 billion in direct investment entering the country from this dea

Hence then, the article about egypt receives us 10 billion from ras al hikma deal was published today ( ) and is available on EGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Egypt receives US$ 10 billion from Ras al-Hikma deal )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
SciBase announces that the board of directors has resolved on the record date for the reverse share split
PR Newswire - before 4 hours & 19 minute
Keystone Education Group launches State of Student Recruitment 2026, surveying 67,000+ students
PR Newswire - before 6 hours & 4 minute
Lightedge Expands IBM Hybrid Cloud Portfolio with Support for IBM Power Virtual Server
PR Newswire - before 6 hours & 51 minute
The $6 Billion Chinese Startup Trying to Build Hands for Every Robot
WIRED - before 3 hours & 48 minute
Chipotle is testing out new happy hour to bring customers back
INDEPENDENT - before 5 hours & 19 minute
US Crude Oil, Gasoline Inventories Continue Freefall
OILPRICE - before 7 hours & 10 minute
India's Energy Investment Set for Record $170 Billion in 2026
OILPRICE - before 9 hours & 50 minute
Uncle Giuseppe's Marketplace Pop-Up Returns to Fire Island for Summer Season
PR Newswire - before 5 hours & 31 minute
ABB report shows how a 0.2 percent motor efficiency gain could unlock billions for industry
PR Newswire - before 8 hours & 6 minute
Markem‑Imaje and iFoodDS Partner to Simplify FSMA 204 Traceability Compliance for Food Suppliers
PR Newswire - before 9 hours & 45 minute
Nu Stadium, Miami Freedom Park and Boldyn Networks deliver 360° connectivity experience at Inter Miami CF's new home
PR Newswire - before 7 hours & 34 minute
Iran Reconnects to the Internet After 88 Days in Digital Darkness
OILPRICE - before 5 hours & 22 minute


Latest News

U.S. Turns Cold War Plutonium Into Nuclear Fuel

before 14 minute

Omdia 1. štvrťrok 2026: Hisense posilňuje globálne prvenstvo v oblasti televízorov s uhlopriečkou 100 a viac palcov

before 30 minute

University of Phoenix releases Alumni Chronicles Magazine marking 50 years of serving adult learners

before 49 minute

SEMIFIVE Showcases Advanced 3D-IC and Big Die Solutions for AI Semiconductor Innovation at SAFE™ Forum 2026

before hour & 5 minute

Summer Heatwaves May Deepen the Global LNG Crunch

before hour & 6 minute

Vanadium Batteries Could Break Lithium's Grip on Energy Storage

before 2 hours & 12 minute

Prologis to Participate in REITWeek 2026: Nareit's Investor Conference

before 2 hours & 45 minute

Generate Biomedicines Inc. to Participate in Goldman Sachs 47th Annual Global Healthcare Conference

before 2 hours & 58 minute

Cracker Barrel set to give away free gas and food to lure customers back

before 3 hours & 32 minute

The $6 Billion Chinese Startup Trying to Build Hands for Every Robot

before 3 hours & 48 minute

Nationwide Reaches Reinsurance Agreement with MassMutual on Universal Life Policy Block

before 3 hours & 48 minute

Disrupting Wealth Transfer: How Forward Inheritance Turns Paperwork into Family Capital

before 4 hours & 3 minute

SciBase announces that the board of directors has resolved on the record date for the reverse share split

before 4 hours & 19 minute

Solar Stocks Surge on Breakout Signals Amid Rising Tariff Tensions

before 4 hours & 19 minute

IGEL prináša samity Now & Next Workspace & Endpoint Security do piatich európskych miest

before 4 hours & 48 minute