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> I don't know why any country would ever sell land under any circumstances Me neither, but that's not what happened here. They're "selling" the development of
by diggan 3y ago
> I don't know why any country would ever sell land under any circumstances
Me neither, but that's not what happened here. They're "selling" the development of the area, not the land itself. At least as far as I understand the article.
- nicklecompte 3y agoI believe it is a "sale" but that hardly means it becomes the UAE's sovereign territory! It means the UAE is diversifying their economy into absentee landlordism - it is totally valid for Egyptians to question if their government should get into this kind of commercial entanglement instead of selling that land to Egyptian developers, but it's hardly treason.