UAE bought a whole Egyptian city

[Aurelian]

 

[datesfrompuntland]

pretty sure this is a resort popular with even international tourists - has nice water, ngl they did it for a pretty good price, but there's also some oil exploration of the shelf up until Crete... highly contentious bit of sea.

 

[Farah717]

All these investments are pointless considering the future demographic shift that's going to take place, in the future these 'developed' countries are going to witness a population collapse. The new world will belong to us in the south.

 

[Aurelian]

pretty sure this is a resort popular with even international tourists - has nice water, ngl they did it for a pretty good price, but there's also some oil exploration of the shelf up until Crete... highly contentious bit of sea.

Egypt already gave up on 2 islands, cashed out but money went buff.

 

[DivineMartial]

Egypt already gave up on 2 islands, cashed out but money went buff.

You mean the money went to Al-Sisi and his generals?

 

[Keep it a boqol]

Egypt is suffering from a lot of debt so this is a way for them to have more cash

 

[Dhiirane]

These Arabs are thinking ahead .

 

[Mayor]

Egypt must really be going broke, they sold land to the Saudis too

https://www.middleeasteye.net/news/ras-ghamila-egypt-about-sell-prime-red-sea-area-saudi-arabia