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2026-08-10T08:14:06.000Z

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Gulf Council urges global action vs Houthis

Gulf Council urges global action vs Houthis

The article concerns the Egyptian government's announcement of a plan to inject investments totaling 400 billion Egyptian pounds (approximately 21 billion dollars) during the period from 2023 to 2026. The plan aims to develop infrastructure and achieve comprehensive economic growth, with a focus on projects in sectors related to roads, electricity, housing, and the manufacturing industries. These investments are expected to contribute to the creation of more than 103,000 jobs and to facilitate significant increases in gross domestic product, emphasizing developmental projects aimed at improving living standards and increasing national productivity. A number of major projects and investment zones have been designated to implement this plan, aimed at promoting economic sustainability and sustainable development in Egypt.

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