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Qatar's Al Diyar Company announced the start of the first phase of the "Ilm Al Rum" project along the North Coast in Egypt. It is one of the largest urban and tourist developments on the Mediterranean Sea, with a total cost of $29.7 billion. The project includes a mixed-use city featuring residences, hotels, marinas for yachts, and entertainment and tourism venues, with plans to deliver the first phase by 2030. The aim is to boost tourism and investment in the area, create approximately 30,000 jobs, and achieve sustainable urban development based on modern environmental standards and comfortable urban planning.
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