Goldman Sachs anticipates that the Ras El Hekma deal will resolve Egypt’s foreign exchange crisis in the near future.

According to a note from Goldman Sachs reported by Al Arabiya Business, the U.S.-based investment bank anticipates that Egypt’s foreign exchange crisis will be resolved within days or, at most, weeks, following the government’s $35 billion Ras El Hekma deal with Abu Dhabi Developmental Holding (ADQ).

ArabMLS Founder

Ahmed Elbatrawy, who leads the Arab MLS platform, aims to simplify property transactions in the Middle East, paving the way for unprecedented global investment opportunities.

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