{"id":617120,"date":"2024-03-17T00:00:00","date_gmt":"2024-03-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/17\/what-does-the-uae-stand-to-gain-from-its-investment-in-ras-el-hekma\/"},"modified":"2024-03-17T00:00:00","modified_gmt":"2024-03-17T00:00:00","slug":"what-does-the-uae-stand-to-gain-from-its-investment-in-ras-el-hekma","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/17\/what-does-the-uae-stand-to-gain-from-its-investment-in-ras-el-hekma\/","title":{"rendered":"What does the UAE stand to gain from its investment in Ras El Hekma?"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b0b97fcf-95b0-4d39-86ae-0a4989221520\" style=\"\" rel=\"noopener\">Ras El Hekma<\/a><\/strong><strong> is once again leading the conversation on Egypt in the international <\/strong><strong>pages: <\/strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/features\/2024-03-16\/oil-rich-abu-dhabi-s-35-billion-gamble-on-egypt?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> is out with a piece and a 48-minute <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/audio\/2024-03-16\/odd-lots-why-uae-is-pumping-35-billion-into-egypt-podcast\" style=\"\" rel=\"noopener\">podcast<\/a> exploring the strategic aims of the UAE that lie behind its decision to invest USD 35 bn in Egypt\u2019s North Coast.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fast fact that we here at Enterprise hadn\u2019t twigged to:<\/strong> The UAE is deploying a sum equal to 7% of its GDP, write Mirette Magdy, Ziad Daoud, and Michael Gunn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- A major fire broke out at Al Ahram Studio in Giza <\/strong>in the early hours of Saturday, destroying the 80-year-old production site and causing damage to the facades of seven neighboring buildings, according to a cabinet <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02V92jWTuvTh6Pyf5691kPuEQQvm4XrT13tZEGU3zK3QtvhdyEDBzeih3GNciskv7Al\" style=\"\" rel=\"noopener\">statement<\/a>. At <a target=\"_blank\" href=\"https:\/\/www.youm7.com\/6512698\" style=\"\" rel=\"noopener\">least 14 people<\/a> were injured.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story received ink from: <\/strong><a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/world-middle-east-68586063\" style=\"\" rel=\"noopener\">BBC<\/a> and <a target=\"_blank\" href=\"https:\/\/www.france24.com\/en\/live-news\/20240316-inferno-destroys-prestigious-arab-film-studio-in-cairo\" style=\"\" rel=\"noopener\">AFP<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ras El Hekma is once again leading the conversation on Egypt in the international pages: Bloomberg is out with a piece and a 48-minute podcast exploring the strategic aims of the UAE that lie behind its decision to invest USD 35 bn in Egypt\u2019s North Coast. Fast fact that we here at Enterprise hadn\u2019t twigged [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":617121,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7233],"tags":[6680,72,7388],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-617120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-egypt-in-the-news","tag-egypt-uae-relations","tag-enterpriseam","tag-ras-el-hekma","wpautop","entry"],"acf":{"mongo_id":"cd64b789-f90a-4aca-a166-cad19a42bf33","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/3\/1403.jpg","photo_position":"above","homepage_title":"","full_issue_title":"What does the UAE stand to gain from its investment in Egypt\u2019s Ras El Hekma?","related_issue":[617103],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.5f3b4248-66f9-45a8-8263-f7cda96b70ca.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What does the UAE stand to gain from its investment in Ras El Hekma? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/17\/what-does-the-uae-stand-to-gain-from-its-investment-in-ras-el-hekma\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What does the UAE stand to gain from its investment in Ras El Hekma?\" \/>\n<meta property=\"og:description\" content=\"Ras El Hekma is once again leading the conversation on Egypt in the international pages: Bloomberg is out with a piece and a 48-minute podcast exploring the strategic aims of the UAE that lie behind its decision to invest USD 35 bn in Egypt\u2019s North Coast. Fast fact that we here at Enterprise hadn\u2019t twigged [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/17\/what-does-the-uae-stand-to-gain-from-its-investment-in-ras-el-hekma\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-17T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1403.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/17\/what-does-the-uae-stand-to-gain-from-its-investment-in-ras-el-hekma\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/17\/what-does-the-uae-stand-to-gain-from-its-investment-in-ras-el-hekma\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What does the UAE stand to gain from its investment in Ras El Hekma?\",\"datePublished\":\"2024-03-17T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/17\/what-does-the-uae-stand-to-gain-from-its-investment-in-ras-el-hekma\/\"},\"wordCount\":141,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/17\/what-does-the-uae-stand-to-gain-from-its-investment-in-ras-el-hekma\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1403.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Egypt-UAE relations\",\"EnterpriseAM\",\"Ras El Hekma\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/17\/what-does-the-uae-stand-to-gain-from-its-investment-in-ras-el-hekma\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/17\/what-does-the-uae-stand-to-gain-from-its-investment-in-ras-el-hekma\/\",\"name\":\"What does the UAE stand to gain from its investment in Ras El Hekma? 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