Egypt close to securing deal for up to 100 South Korean FA-50 light attack aircraft
Egypt is in advanced negotiations with South Korea to buy up to 100 FA-50 light attack aircraft, Egyptian Ambassador to
Egypt has earmarked five areas along its Red Sea coast for Saudi investments, Prime Minister Mostafa Madbouly announced. Speaking at a press conference, Madbouly outlined plans to link the Egyptian and Saudi electricity grids by summer 2025, alongside major investment projects. These include Ras Banas, a peninsula with nature reserves and a port, and a tourist zone in the Red Sea Governorate. Egypt aims to foster Saudi investment and expand cooperation between the two nations.
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