Gulf’s investments in Egypt keep its economy afloat and provide benefits in return
Real estate is a “classic investment sector” for companies and sovereign funds from the countries in the Gulf Cooperation Council since they guarantee a return.
Saudi Arabia's Crown Prince Mohammed bin Salman meets with Egypt's President Abdel Fattah al-Sisi during the second edition of the summit of the Green Middle East Initiative, held on the sidelines of the COP27 climate conference at Sharm el-Sheikh, in Egypt, November 7, 2022.(photo credit: BANDAR ALGALOUD/COURTESY OF SAUDI ROYAL COURT/HANDOUT VIA REUTERS)ByDEBBIE MOHNBLATT/THE MEDIA LINE