Our News

Egypt pledges to Saudi Arabia a thousand square kilometers in south Sinai for the project NEOM

06-03-2018

Egypt to pledge 1,000 square kilometers of land in southern Sinai to the industrial city of NEOM,

which Saudi Arabia announced last year at a cost of $ 500 billion,

a Saudi official said.The Saudi official said: "Saudi Arabia will cooperate with Egypt

and Jordan to attract European shipping and tourism companies to work in the Red Sea

during the winter." The Red Sea land is part of a $ 10 billion mutual fund that

the two countries set up late on Sunday during Saudi Crown Prince Mohammed bin Salman's visit

to Cairo.

 


Contact

Sharm El Sheikh Real Estate

Sharm El Sheikh Real Estate: Address: Shops 5/6/7, Amwaj Hotel, Shopping Arcade, Peace Road, Nabq Bay, Sharm El Sheikh, Egypt Zip Code: 41669, PO Box: 355
Phone: 002 0122 76 76 650
Email: coordinator@sharmelsheikhrealestate.com
Website: http://www.sharmelsheikhrealestate.com
Working Hours: 10:00 am – 06:00 pm
Office Closed: Friday