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What is Egypt Economic Development Conference mean?
The Egypt Economic Development Conference (EEDC) was a three-day event that took place in the Egyptian Red Sea resort of Sharm El Sheikh. On March 13, 2015, over 2,000 delegates from 112 different countries arrived in Egypt to attend the conference.
On the first day, a proposal for a new Egyptian capital city was announced. Kuwait, Saudi Arabia and United Arab Emirates pledged $4 billion each; whilst Oman said it would provide $500 million. BG Group and BP both made a commitment to invest $4 billion and $12 billion respectively.
referencePosted on 26 Nov 2024, this text provides information on Miscellaneous in Community related to Community. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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