Arab Finance: The Egyptian Cabinet’s Urban Development Fund is targeting to invest EGP 20 billion in developing the governorates’ capitals within 2024, the fund’s Chairman Khaled Seddik told Asharq Business.
Seddik noted that the fund invested EGP 13 billion in Fustat Hills Park project within two years.
He also added that the fund allocated EGP 4.2 billion to revamp historic Cairo in 2024.