UAE, Egypt Launch USD 20 Billion Joint Investment Programme to Develop Economic and Social Projects: Official
Egyptian President Abdel Fattah al-Sisi and the Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed al-Nahyan. (Photo Credits: AFP)

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.