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
Europe’s Auto Industry Faces an Existential Test From China’s EV Surge
OILPRICE - before 4 hours & minute
Saudi Fintech "barq" emerges fastest-growing digital wallet in the region as e-payment volume hits $84 billion
ٍٍٍSaudi Gazette - before 4 hours & 40 minute
Fitkol Announces NB Series Featuring SportMind™ Intelligent Training System
PR Newswire - before 7 hours & 26 minute
The Renewable Energy That Trump Has Not Targeted
OILPRICE - before 6 hours & 11 minute
AI Labor Is Boring. AI Lust Is Big Business
WIRED - before 11 hour & minute
2026 Is Quietly Emerging as Tech’s Next IPO Year
OILPRICE - before 5 hours & 7 minute
China& 039;s total grain purchases in 2025 will reach 415 million tons
SABA NET - before hour & 37 minute
Could the Next Solar Flare Cripple Modern Technology?
OILPRICE - before 2 hours & 10 minute
South Korea& 039;s exports hit a record high last year
SABA NET - before 55 minute
SMRs Explained: Real-World Economics, Fuel Bottlenecks, and the Race to Scale
OILPRICE - before 8 minute


Latest News

SMRs Explained: Real-World Economics, Fuel Bottlenecks, and the Race to Scale

before 8 minute

South Korea& 039;s exports hit a record high last year

before 55 minute

China& 039;s total grain purchases in 2025 will reach 415 million tons

before hour & 37 minute

Could the Next Solar Flare Cripple Modern Technology?

before 2 hours & 10 minute

Europe’s Auto Industry Faces an Existential Test From China’s EV Surge

before 4 hours & minute

Saudi Fintech "barq" emerges fastest-growing digital wallet in the region as e-payment volume hits $84 billion

before 4 hours & 40 minute

The six-step plan to help you get your finances in order this year

before 5 hours & 2 minute

2026 Is Quietly Emerging as Tech’s Next IPO Year

before 5 hours & 7 minute

Uganda: 2025 in Review - The Prominent People Who Went With the Year

before 5 hours & 57 minute

RiseLink Showcases Ultra-Low-Power Edge AI and Wi-Fi SoCs Powering Next-Generation Smart Devices at CES® 2026

before 6 hours & 6 minute

The Renewable Energy That Trump Has Not Targeted

before 6 hours & 11 minute

Fitkol Announces NB Series Featuring SportMind™ Intelligent Training System

before 7 hours & 26 minute

AI Labor Is Boring. AI Lust Is Big Business

before 11 hour & minute

FTSE 100 records best performance since global financial crisis recovery despite slow UK growth

before 13 hour & 22 minute

Start the New Year with these BC.GAME-exclusive slots

before 18 hour & 45 minute