Delays for Egypt's new desert capital as it battles for funds

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

South Africa Headlines News

The project, launched in 2015 by Abdel Fattah al-Sisi a year after he was first elected president, aims to offer a clean and efficient base for the government and finance industry, as well as homes for at least 6.5m people.

"We need very extensive financing and the state doesn't have money to give me," said Abdeen, adding that about 20% of investment so far had come from abroad, including up to $4.5bn from China.

With parks and tree-lined avenues, the city will consume an estimated 650,000 cubic metres a day of water from the North African nation's scarce resources. Abdeen said he hoped a $1.2bn electrified train link from Cairo to the city, also being built by a Chinese firm, would be ready in 18 months. Before then the city would be served by electric buses, he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sudan protesters threaten civil disobedience after army delays | News | Africa | M&GThousands of people remain camped outside the military headquarters in Khartoum nearly four weeks after the armed forces toppled Omar al-Bashir
Source: mailandguardian - 🏆 2. / 92 Read more »

Miss SA back on track after delaysMissSouthAfrica 2019 will be crowned in the month of August.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Late start at Glebelands Hostel has election officials on edgeLate start at KZN hotspot Glebelands has election officials on edge
Source: BDliveSA - 🏆 12. / 63 Read more »

#SAElections2019: Vote at your correct voting station to avoid delays urges IEC officer | The PostSAElections2019: Tensions flared up at the different voting stations because of long queues.MzansiVotes Elections2019 Left the q in Kuilsriver after 1h30 min before work this morning. Came to vote in Bellville later. Took 25 min. Very bad
Source: IOL - 🏆 46. / 51 Read more »

From golden visas to airplane deals – what we've learned from Steinhoff's 'real' resultsFrom golden visas to airplane deals – what we've learned from Steinhoff's 'real' results | BISouthAfrica
Source: News24 - 🏆 4. / 80 Read more »

Court awaits Rodrigues' stay of prosecution judgment in order to set trial dateThe criminal case against apartheid-era cop Joao 'Jan' Rodrigues is facing further delays as the court awaits a judgment from the bench hearing his stay of prosecution application.
Source: News24 - 🏆 4. / 80 Read more »

Voting in Western Cape went well despite some glitches, say observersThe fact that some voters could cast their ballots at stations other than the ones they were registered at was responsible for some delays in the Western Cape on election day.
Source: TimesLIVE - 🏆 28. / 59 Read more »

LIVESTREAM: IEC election updateAs election results trickle in, the IEC is facing several challenges, including allegations of double voting and counting delays.
Source: eNCA - 🏆 49. / 51 Read more »

eThekwini stutters as polling gets underwayService delivery protests and the continuing strike by council workers in the eThekwini Metro caused delays this morning to the opening of polling stations in the city and in several other areas in KwaZulu-Natal. SAElections2019
Source: mailandguardian - 🏆 2. / 92 Read more »

Sudan protesters threaten civil disobedience after army delays - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Sudanese protest leaders threatened to launch a nationwide campaign of civil disobedience after accusing the country’s military rulers of delaying the transfer of power to a civilian administration. sabcnews Sudan
Source: SABC News Online - 🏆 32. / 51 Read more »

NPA expresses dismay as Nelson Mandela funeral fraud case is withdrawnThe prosecuting authority has asked for an urgent report on the reason for the delays and what action will be taken to ensure that the matters are placed back on the roll as soon as possible Short of saying the Hawks are useless... Time for her to actually pitch up. One ☝️ must understand that Jiba and Mrwebi didn’t operate alone. There are more tsotsis in the NPA structures that must be rooted out
Source: BDliveSA - 🏆 12. / 63 Read more »