January 1, 2026
Egypt rejects claims of ceding Sokhna land to Qatari firm; clarifies details of $200 million investment

The Egyptian Cabinet’s Media Center has issued a formal statement to debunk widespread allegations regarding the purported “concession” of land in Sokhna to the Qatari company, Al-Mana Group, without financial or investment returns for the state. The General Authority for the Suez Canal Economic Zone (SCZONE) categorically denied these claims…
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