Crown prince signs $10 billion deal on mega-city during Cairo visit

CAIRO/RIYADH (Reuters) - Saudi Arabia and Egypt set up a $10 billion joint fund on Sunday to develop a planned mega-city, committing more than 1,000 square kilometers in the south Sinai, as Crown Prince Mohammed bin Salman met President Abdel Fattah al-Sisi in Cairo.

from Reuters: World News http://ift.tt/2oInlcJ