Egypt plans all new capital city, Emaar to play key role

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Egypt plans all new capital city, Emaar to play key role

The Egyptian Prime Minister underlined the significant growth of Emirati investments in Egypt after the removal of all the obstacles that investors faced.

By (Wam)

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Published: Fri 13 Feb 2015, 9:41 AM

Last updated: Thu 25 Jun 2015, 8:17 PM

Dubai: Relations between the UAE and Egypt are growing stronger, Egyptian Prime Minister Ibrahim Mehleb has said.

“Egyptian people will never forget the firm stand the UAE took in their support,” Mehleb told journalists during a press conference at Mina Al Salam Hotel in Dubai.

The Egyptian Prime Minister underlined the significant growth of Emirati investments in Egypt after the removal of all the obstacles that investors faced.

He revealed plans for an all new capital city in Egypt, saying the UAE’s leading developer Emaar was expected to play a key role in the project.

 


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