الرئيسية / اقتصاد / Real Estate Chamber Head: Qatari deal similar to Ras Al-Hekma imminent

Real Estate Chamber Head: Qatari deal similar to Ras Al-Hekma imminent

فريق رجال الأعمال اقتصاد 19 April 2025 06:08 PM
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Real Estate Chamber Head: Qatari deal similar to Ras Al-Hekma imminent

Engineer Tarek Shoukry, Deputy of the Housing Committee in the House of Representatives and Head of the Real Estate Development Chamber, anticipated the near completion of a major investment deal between Egypt and Qatar, similar to the Ras El Hekma project deal with the UAE.

During televised statements, Engineer Shoukry indicated that the Qatari transaction is approaching the implementation phase, but without specifying a date for its completion or announcement. 

He also anticipated the near implementation of similar deals with the Kingdom of Saudi Arabia and Kuwait.He suggested the possibility of two distinct ventures: one situated along the North Coast, with the second located on the Red Sea coast, and perhaps in the New Administrative Capital.

Engineer Shoukry characterized the Ras El Hekma accord as a highly successful and economically advantageous for the Egyptian economy, expressing his belief that it will incentivize further international investment within the nation.