In a significant boost to regional development, Egyptian President Abdel Fattah El-Sisi and His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates, inaugurated the Ras Al-Hikma Development Project. This landmark event was attended by Prime Minister Dr. Mostafa Madbouly alongside key Egyptian and Emirati business leaders.
The ceremony featured a comprehensive visual presentation outlining the project’s ambitious goals and multifaceted components. Emphasizing its critical role in economic growth, real estate, tourism, and environmental sustainability, the presentation highlighted the project’s transformative potential for the region. Both leaders were briefed on the strategic advantages, integrated services, and developmental opportunities that the initiative promises to unlock.
The event also saw the formal signing of agreements by several Egyptian and Emirati companies, signifying the project’s official commencement. Presidents El-Sisi and Sheikh Mohammed bin Zayed expressed sincere gratitude to all contributors from both nations, highlighting the project as a shining example of the robust economic and investment ties between Egypt and the UAE.
