AFRICA

Egypt Approves Creation Of Free Zone And Touristic Port In The Ras al-Hikma Peninsula

Egypt has greenlit the creation of a designated free zone and international touristic port in the Ras al-Hikma peninsula, located to the west of Alexandria, according to a statement released by the cabinet on Wednesday.

The decision follows Egypt’s signing of a significant $35 billion investment partnership agreement with the United Arab Emirates back in February. This landmark deal marks one of the largest of its kind, aimed at fostering the development of the Ras al-Hikma peninsula.

Melissa Enoch

Follow us on:

Melissa Enoch

Recent Posts

Court Dismisses Case Against Protesters Charged Over Protests, Releases Minors Charged With Treason

An Abuja court has struck out the case against #EndBadGovernance protesters as the AGF discontinued…

52 mins ago

Britain Detects Two Additional Cases Of New Mpox Variant, Total Reaches Three

The UK has confirmed two more cases of the new mpox variant, clade Ib

1 hour ago

Ekiti Chief Judge Oyewole Adeyeye Passes Away From Injuries Sustained In Court Building Collapse

Ekiti mourns as Chief Judge Justice Adeyeye dies, succumbing to injuries from a court building…

2 hours ago

Boeing Workers End Seven-Week Strike After Accepting 38% Pay Increase

Boeing workers have accepted a new contract with a 38% raise, ending a seven-week strike…

2 hours ago

Trial Underway for Eight People Accused of Inciting Murder of Teacher Samuel Paty

Eight individuals are on trial in Paris, accused of inciting the murder of teacher Samuel…

2 hours ago

Indonesian Government To Evacuate 16,000 Residents After Mount Lewotobi Eruption

Indonesia is evacuating 16,000 residents after Mount Lewotobi erupted, resulting in nine deaths and significant…

2 hours ago