Ras el-Hekma (Arabic: راس الحكمة) is a village on the coast of the Mediterranean Sea in Egypt.
Ras el-Hekma is located in the Egyptian Western Desert on a cape in the Mediterranean Sea, some 70 km east of Mersa Matruh and 200 km west of Alexandria.
[1] In 2024, Egypt's New Urban Communities Authority and the Abu Dhabi Developmental Holding Company (ADQ), a sovereign wealth fund based in the United Arab Emirates, signed a deal for the ADQ to invest $35 billion in developing the area "New Ras el-Hekma".
[2] Questions have been raised regarding the project's impact on Egypt's large debt burden[3] and the forced relocation of current residents.
[1] Abu Dhabi investment company Modon Holding PSC is the main developer of the project.