President Abdel Fattah El-Sisi and Sheikh Mohammed bin Zayed Al Nahyan, the President of the UAE, witnessed the launch of the Ras Al Hikma development project. The event was also attended by Prime Minister Mostafa Madbouly and several prominent businessmen from both the Egyptian and Emirati sides.
During the launch project, a comprehensive presentation was made outlining the project's objectives and components, emphasizing its economic, investment, real estate, tourism, and environmental significance. The leaders listened to explanations regarding the advantages of the region, integrated services, and the developmental opportunities the project will provide. They also observed the signing of contracts to commence work among several Egyptian and Emirati companies.
The two leaders expressed their gratitude and appreciation for the efforts of those involved in executing the project, highlighting its role in strengthening economic and investment relations between the two countries. They regarded the project as a model for effective developmental partnership between Egypt and the UAE. Additionally, a new partnership was announced among several global, Egyptian, and Emirati companies to enhance innovation in the smart electric vehicle sector in the Middle East and North Africa.
