NEWSRAEL: Here is the Latest Arab conspiracy theory - Could it be true?
Ras al-Hakma is the area that we reported yesterday that Egypt is selling off to the UAE. Arab social media "smells a rat".
Arab bloggers allege a plot under the hashtag "Sisi sells Egypt."
The "conspiracy theory" says that the real estate deal reported pn yesterday is actually between that the US, Israel, the Emirates, Saudi Arabia and Egypt which was claimed to be promoting the sale of Egyptian land "as an investment" - but their real goal, they claim, is to displace citizens from Gaza to the region.
According to them, the project is called Ras al-Hakma.
According to them, Egypt is preparing for a similar deal in the "Ras Jamila" area in Sharm el-Sheikh with Saudi Arabia to create an "investment project" there.
RELATED ARTICLE: