POMED Report Looks At Al-Sisi’s $58 Billion New Capital City: A Bubble About to Burst?
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A report is examining the new capital city in Egypt, which has a price tag of $58 billion. The project, associated with President Al-Sisi, is being assessed for its potential viability, with some suggesting it may be at risk of failing. The initiative is part of a broader effort to build a "new Egypt", with the president being characterized as a key figure in its development.
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