North coast

Egypt is reportedly planning to make a renewed push to offer prime Red Sea coastal land in Ras al-Ghamila (also Ras al-Gamila, Ras al-Jamila) in the Straits of Tiran in South Sinai for foreign investment, in the wake of a $35 billion deal with the UAE for the development of Ras al-Hekma on the North Coast. Egypt is reportedly targeting local and Gulf investors from Saudi Arabia and Qatar for the lucrative...