Egypt reviews Ras El Hekma development progress with Modon Holding

Egypt’s Prime Minister Mostafa Madbouly reviewed the latest progress of the Ras El Hekma city development projects during a meeting with Jassem Al Zaabi, Chairman of the Abu Dhabi Department of Finance and Chairman of Modon Holding.

Madbouly highlighted the importance of continued coordination between Egyptian and Emirati authorities to ensure progress across the project’s components in line with the planned timeline, which aims to complete the development of the investment and development hub on Egypt’s northwestern coast.

Al Zaabi said the implementation of Ras El Hekma projects is proceeding according to schedule, allowing the first phase’s hotel, commercial, entertainment, and service components to begin operations as planned. He added that the project aims to provide a distinctive tourism experience by leveraging the area’s potential and attracting more tourism activity.

The two sides agreed to conduct a field visit to the Ras El Hekma development projects to review progress on the ground.

Attribution: Amwal Al Ghad English