Tag Archives: Abdel Fattah al-Sisi

Saudi Arabia and Egypt agree to a $10 billion deal to build a new mega-city

Cairo: Saudi Arabia and Egypt have agreed to create a $10 billion joint fund to develop a mega-city in Egypt’s southern Sinai Peninsula, with both countries committing more than 1,000 square kilometers (386 square miles) of land to the new project. The investment deal was announced on Sunday as Saudi …

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