Egypt, UAE launch 35-bln-USD resort project in N. Egypt


CAIRO, Oct. 4 (Xinhua) -- Egyptian President Abdel-Fattah al-Sisi and visiting President of the United Arab Emirates (UAE) Sheikh Mohamed bin Zayed Al Nahyan on Friday launched the Ras Al-Hekma development project, a new resort city on Egypt's northern coast.

The Egyptian Presidency said in a statement that the two presidents witnessed the signing of contracts by several Egyptian and UAE companies, marking the commencement of work on the project.

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