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Egypt Seals Biggest Deal Ever With UAE Investing $35 Billion

(Bloomberg) The United Arab Emirates agreed to invest $35 billion in Egypt, a breakthrough in Cairo’s efforts to end its worst foreign-exchange crisis in decades.Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesUS Unveils Fresh Sanctions on Russia After Navalny’s DeathT-Bills Without Tax Bills? This Fund Says It Cracked the CodeUS Lands on Moon in Historic Feat for Private SpacecraftAT&T Outage Triggered by Company Work on Network ExpansionThe plans include dev ....

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Egypt selling stakes in petrochemical, energy firms to boost private sector

Egypt is boosting the role of the private sector in its economy, including offering stakes in petrochemical and energy-related firms. ....

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