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Modi Highlights Egypt as a Development Hub
Egyptian Prime Minister Mustafa Madbouly confirmed that Egypt has become a major developmental hub in the Middle East, with the government focusing on leading the private sector in development projects. He pointed out the signing of an investment partnership agreement between the Egyptian and Emirati private sectors to develop an urban project worth over $3 billion in Madin (New Cairo), which is considered a significant step in boosting confidence in the Egyptian economy and attracting foreign investments.
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