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UAE, Egypt launch $20 bn joint investment programme: Official

Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al-Nahyan made the announcement during a visit to the Emirati capital by Egyptian President Abdel Fattah El-Sisi.

November 14, 2019 / 03:58 PM IST

The United Arab Emirates and Egypt on Thursday launched a USD 20 billion joint investment programme to develop "economic and social projects".

Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al-Nahyan made the announcement during a visit to the Emirati capital by Egyptian President Abdel Fattah El-Sisi.

"We launched a joint strategic investment platform between the UAE and Egypt worth USD 20 billion to implement vital economic and social projects for our brotherly countries," Sheikh Mohammed said in a tweet.
PTI
first published: Nov 14, 2019 03:55 pm