![A rendering of the Ras Al Hekma development plans. Photo: Egyptian Ministry of Housing](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/J7ZHA72VYRAP5I6QJ5H3MQQT3U.jpg?smart=true&auth=f7c40d351b8410e0b3cdac341b59b570d23a4b724f94f38e52fc8b1075759905&width=400&height=225)
A rendering of the Ras Al Hekma development plans. Photo: Egyptian Ministry of Housing
A rendering of the Ras Al Hekma development plans. Photo: Egyptian Ministry of Housing
UAE's $35bn investment to develop Ras Al Hekma provides lifeline for Egypt's economy
Officials hope the deal will help tackle the foreign exchange crunch and stabilise food prices