This project represents the largest direct foreign investment of its kind. Ras el-Hekma, situated along the Mediterranean Sea, is set to transform into a modern city complete with residential ...

Over the past two weeks, residents of the Egyptian Mediterranean area of Ras el-Hekma have been in anguish, fearing displacement from their lands to pave the way for Emirati investments.

The Ras El-Hekma development is 350km (217 miles) northwest of Cairo The city is expected to contribute $25billion a year to Egypt’s economy READ MORE: The long-haul spots where Brits' pounds ...

Abu Dhabi-based investment group ADQ has appointed Modon Holding as the master developer for its Ras El Hekma megaproject in Egypt, which on completion will be home to two million people and ...