Abu Dhabi, November 14: The United Arab Emirates and Egypt on Thursday launched a USD 20 billion joint investment programme to develop "economic and social projects".

Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al-Nahyan made the announcement during a visit to the Emirati capital by Egyptian President Abdel Fattah El-Sisi. Egypt to Release Al-Jazeera Journalist, Arrested for Spreading Fake News, After 2 Years.

"We launched a joint strategic investment platform between the UAE and Egypt worth USD 20 billion to implement vital economic and social projects for our brotherly countries," Sheikh Mohammed said in a tweet.

(The above story first appeared on LatestLY on Nov 14, 2019 04:16 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).