Egypt seals massive $18.5 billion tourism project with UAE, Saudi partners
Covering 10m square meters, the development is expected to generate up to 170,000 jobs Last updated: September 09, 2025 A view of Cairo. Dubai: Egypt has sealed one of its largest investment agreements to date, a $18.5 billion venture with Emirati and Saudi partners to build a vast integrated tourism complex along the Red Sea coast. […]