UAE to earmark $10 bln for investments in Egypt, Jordan

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Earlier on Sunday, the three countries launched a joint initiative of integrated industrial partnership for sustainable economic development in Abu Dhabi in the presence of Egyptian Prime Minister Mostafa Madbouly, Jordanian Prime Minister Bisher Khasawneh, and Emirati Minister of Industry and Advanced Technology Sultan Ahmed Al-Jaber.

More specifically, Abu Dhabi Development Holding (ADQ) will be allocating the funds for the projects of this partnership, said Al-Jaber according to UAE state news agency WAM.

More to follow…

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