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Ibrahim Mahlab: Egypt retains assets, Emirati support moves to investment
The article discusses the efforts of the Egyptian government in managing and developing the national economy through improving project management and increasing returns from them. It emphasizes projects aimed at eliminating informal settlements and developing hazardous areas, such as the "Asmarat" project. The article also highlights the importance of Egypt’s geographical location in attracting foreign investments, especially from the UAE, which has shifted from providing support to forming strong partnerships in real estate and assets. Additionally, it stresses that Egypt is following a strategy to preserve its cultural identity while improving asset management and maximizing returns from historic districts and sovereign funds. This approach aims to bolster the national economy and achieve good growth rates.
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