Egypt plans to build a new, ultra-modern capital just east of Cairo
In about seven years, Egypt hopes to have a shiny new capital just east of its current one, Cairo, Housing Minister Mostafa Madbouly told foreign investors at a conference in Sharm el-Sheikh. The project, estimated to cost $45 billion, would create a modern, sustainable metropolis "about the size of Singapore, with an airport larger than Heathrow," says the BBC's Orla Guerin. That is, if it gets built, she adds: "Egyptian bureaucracy can be as enduring as the pyramids."
This isn't just a vanity project of Egyptian President Abdel Fattah al-Sisi, though. Cairo's population, estimated at 18 million, is expected to double in the next 40 years, and the city is already overcrowded and a traffic nightmare. Also, the project would bring much-needed jobs to the area. The lead developer is Capital City Partners, based in Dubai. You can see some of the mockups in the BBC News video below. —Peter Weber
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
-
Will California’s Proposition 50 kill gerrymandering reform?Talking Points Or is opposing Trump the greater priority for voters?
-
‘The trickle of shutdowns could soon become a flood’Instant Opinion Opinion, comment and editorials of the day
-
Wikipedia: Is ‘neutrality’ still possible?Feature Wikipedia struggles to stay neutral as conservatives accuse the site of being left-leaning
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to ChinaSpeed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung
