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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Adia may finance $28 billion projects in Egypt

Posted on 01 June 2009

From Menafn.com: Egyptian Minister of Investment, Mahmoud Mohieldin, said that the Abu Dhabi Investment Authority (Adia) is carrying out a study to finance 52 new investment projects in Egypt at a cost of $28 billion.

He added that special committees from Adia will visit Egypt in the upcoming two months to proceed with the projects, which will be focused mostly in infrastructure, agriculture and housing……Full Article: Source


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