In press statements, Minister of Housing Ibrahim Mahlab said that the United Arab Emirates (UAE) reviewed the protocol of the establishment of Sheikh Khalifa City as a prelude to signing it.
He added that Sheikh Khalifa City would be established on an area of 476 feddans in New Cairo and it would include about 15,000 housing units for Egyptian youth, asserting that the project would be financed by the UAE.
Source: SIS