Abu Dhabi will pay Cairo for Ras el-Hekma within two months, with the funds earmarked to alleviate Egypt's economic crisis Ras el-Hekma plan as shown on a government's projects website (Screengrab) Published date: 23 February 2024 15:17 GMT | Last update: 1 day 13 hours ago Egypt has agreed to a $35bn deal with the United Arab Emirates to develop the town of Ras el-Hekma town on its northwestern coast, Egyptian Prime Minister Mostafa Madbouly announced on Friday after weeks of speculations. Madb...