Business

Egypt secures $35 billion investment deal from UAE as Nigeria keeps waiting

Egypt announced on Friday a monumental $35 billion investment deal with the United Arab Emirates (UAE) to develop the Ras El Hikma peninsula.


This signals a new era of economic revitalization and foreign investment attraction that could serve as a model for Nigeria in its own forex and investment challenges.


This is also as Nigeria continues to await foreign investment from several countries including Arab countries.