UAE, Egypt plan $20 billion spending on social, economic projects - Abu Dhabi crown prince
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DUBAI (Reuters) - The United Arab Emirates and Egypt plan to jointly invest $20 billion (£15.63 billion) in economic and social projects, under a bilateral project announced by the crown prince of Abu Dhabi Sheikh Mohammed bin Zayed al-Nahyan on Thursday.Sheikh Mohammed made the announcement on Twitter during a two-day visit to the UAE by Egypt's President Abdel Fattah al-Sisi. The UAE, and Saudi Arabia, have been the main backers of Sisi since he took power after the overthrow of president..