The new development promises a better life and a better city. CNBC’s Hadley Gamble reports from Cairo.
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Saudi Arabia paid for it.
Lie, lie
Saudi Arabia now don’t have money, the gas price going down, Saudi Arabia took loan from the international bank to provide their deficiency
No they didn’t.
Badir al-Otaibi nope they didnt pay anything. All done with our money
oh boy don’t be so rude . some of the money given to trump wouldn’t be a big deal 😂😂
You are lie
Shat up
My beloved country egypt
Yes for the development .no for corrpution and terrorism.mohamed fathalla aginst corruption.price is very expensive in the new capital not reasonble at all
How much does the average egyptian make? $57k here is extremely cheap, but of course its different in the developing world
thanks this is very helpful, Egypt will keep going and soon all of us will see Egypt Rise again.
haaaaaaaaahaha with Balaha ! haha
@Der könig 😂😂😂😂😂
+Der könig keep hating you sad fuck
ان شاء الله . تحياتي اخوك من تونس و باذن الله مشروع نيوم العربي المشترك بين الدول العربية بما فيهم مصر و السعودية و الاردن يكون عظيم
@Der könig Fuck turGAY
I liked it when he says the price is reasonable!!! Only rich people will live there as the average cost per sqm in the apartments is 12000 EGP. Where 88% of the Egyptians earn between 1000-2500 EGP per month! I have been there myself and asked the about the cost! But, I’m proud of my country that they are now very focused on developing huge projects in a short time.
Prices start from 9000 per square meter
بلدى 😍🇪🇬
سفاحين مصر- Sfa7en EG اشطة يا سفاح
@Majed Salha هي امك
hard life in Egypt but god with us
YKMVP1 and btw only minority of egypt are arabs
Arabs are only 17% of egyptians
Mohamed Ashraf yh but u guys aren’t try original Egyptians that what I’m trying to say u might not be fully Arab but have arab in u
YKMVP1 more than 65% of modern egyptian shares the same dna with our ancestors
YKMVP1 how we have arab in us and only 17% of 100 million egyptian are arabs ?
YKMVP1 the dna map for modern egyptians
North African: 68%
Arabs:17%
Jewish diaspora:4%
Eastern africa : 3%
Asian:3%
Southern Europe:3%
دايما تفضحونا ف موضوع اللغة هاتو حد بيعرف يكلم انجليزي. فضحتونا في مؤتمر الشباب العالمي المترجم خريج ابتدائي
هههه لا عادي
يسطي يعني هي بتعرف تتكلم عربي، اهدي بس حبة
مش مطلوب منو يبقي مترجم انجليزي يعني هو مصري مش امريكي
They should have sent someone who speaks better English to that interview
They should have sent a reporter who speaks and understands Arabic.
English is not the only language.
المشروع ده كان لازم يتعمل من زمان القاهرة بقت زحمة لاتطاق شكراً للرئيس السيسي انه اخد القرار ده
🇪🇬🇪🇬🇪🇬🇪🇬🇪🇬🇪🇬🇪🇬🇪🇬🇪🇬🇪🇬🇪🇬🇪🇬🇪🇬
Long live Egypt
😏
nice report ☝👌
Egypt going to the top nowadays
مصطفى احمد top from the other side
it’s hard to believe that 😂😂😂
مصطفى احمد from the other side sure whatever that makes you sisi supporters go to sleep at night.
Lol. İt s not
@El Masry
Found the Ikhwanji.
Sissy is a killer and a murderer who should be charged for killing his own people and jailing his political opponents. You can not build a free and civil society on top of dictatorship and corruption. The west and America need to understand that propping up and supporting these regimes is a bad long term investment.
Omar Al Ansari ento bas shatren tetshatro 3ala sha3bekom we el 3’alaba bas. We btw I still live in Egypt and I will continue to live and cherish my country. We hafdel masry khasben 3anak. Ana Aboya, we gedy, we e3mame we khelane khadome we mazalo beykhdome fe gaash we shortat Masr . We hanafdel nefade Masr ded fasadkom. We le akhar youm fe hyaty hafdel akol we akrar kalamet el Haq el bedeya2ko. Also, your comment about Rabaa is just pure evil and disgusting calling for a massacre of people who disagree with your opinion is disgusting and just shows how much of a disgusting and nasty Human being .Those are people just like you and me not your cattle that you just kill whenever you please. And I don’t need to play the Victim or pretend to do anything. I am just letting you know that scape goating the Ikhwan for all your failures is becoming old news. Try to find a new excuse. And your comment about sissy being the first to jail them is a complete lie and you know it and everyone knows it’s a lie. Every single President that ruled egypt jailed the ikhwan and jailed many who disagreed with them. This isn’t a recent practice it’s been going on for years. We will stay slaves to Qatar ( richest country on the planet) and Turkey ( the fastest developing Muslim country on the planet) and you stay slaves to Sissy , and al saud and most importantly the Zionist regime that you all serve so diligently. Ba2a 7amas the last line of resistance for the Palestinians is a terrorist organization and Israel the country that’s been occupying and killing Arabs( Muslims and Christians) is innocent. Walahi low agdadak dah low enta masry aslan Kano 3ayshan la Kano wala3o feek enta we el sissy. Just remember the script every time you are faced with logic and facts turn the conversation about Ikhwan and blame them for everything. Why is there so much corruption ? Ikhwan why are egypts Hospitals unsanitary ? Ikhwan why is egypts education so backwards ? Ikhwan why do police officers sexually abuse men and take videos ? Ikhwan why is 2/3 of Egypt’s population living under poverty ? Ikhwan why is Egypt giving Israel gas and buying it back for double the price ? Ikhwan why does egypt lack central planning and zoning ? Ikhwan Why did sissy give two very strategic islands to Saudi Arabia? Ikhwan. We lesa walahi ento lesa mashoftosh we taba7′ el seem hayde2o. We el fasad el ento a23den we sakten 3alah haykelkom wa7d wa7d.
Omar Al Ansari oh and your comment about ” Fuck Peace” wow your such a man very good at bullying civilians never an outside enemy .
I say peace is the only way, we alhamdelah the Ikhwan did not call for a blood bath or did anything to divide the country. They just gave it all up and decided to sacrifice themselves for the nation so it won’t be a another Syria . El beltagy never ran but instead you killed his 16 year old daughter and video tapped her slowly bleeding to death so you can show it to people
On TV. She was 16 years old and her name was Asmaa el beltagy. El beltagy did not hide behind his men or run away but instead stood
Like a man. My friend Muhammed ( zero interest in politics )was a doctor top of his class who volunteered to help people in “Ta2men el se7y” was shot in the head execution style by man wearing mask because he refused to stop helping a man that was dieing. NOTHING in the world will make me forget these people. Keep building your mega projects, keep running egypt in debt, keep taking Egypt’s education budget and give it to Amr Adeb, Lamis el hadedy etc keep imprisoning political activists but just remember death comes to us all.
El Masry and you’re still living in la la land with your fellow ikhwans enjoy it mate u got too personal and offended anyways so no point of that discussion from now on lets agree to disagree but the thing we cannot disagree with is that Ikhwan is a terrorist group
Omar Al Ansari Omar Al Ansari yeah I know it’s hard to respond to fact and truth. Use the Sissy methodology label your enemy as Ikhwan and then accuse them for working for the CIA and Ikhwan and neglect every possible form of debate on fact and logic. And accusing anyone who disagrees with you as being a CIA operative is very hypocritical. Given the fact that America gives your government 2-3 billion in foreign aid.
sorry I don’t agree with psychopaths on anything , that statement where you said ” Fuck peace with Ikhwan even if the whole world says it’s inhumane we deal with terrorist however we want to ” just discredits your whole conversation. That to me indicates your not someone that is capable of accepting any criticism or even capable of critical thinking. In your head anyone who disagrees with Sissy or the military establishment is labeled a terrorist. In society there is two types of people ones who will stand behind the truth and fight for it till there last breath and others who are just obsessed with compulsive power and shiny objects and personally benefit from injustice. You have all the characteristics of the latter. And remember there will never be peace without justice, there is no such thing as a democracy without an opposition and open dialogue. The Muslims brotherhood is an indispensable component of the egyptian social fabric and not you or sissy will ever change that.
I provided no accusations about CIA funding neither Hamas relations I provided facts that any reader can look up,, I do not accept or tolerate criticism of terrorists and neither my country has time to go back and forth with terrorists,, terrorists like Ikwhan, Hamas, Qaeda and the rest of the terrorists so called Islam gang get terrorists treatment
didn’t we argue about extradition of political rivals shit loads of times already lol or that’s what you always bring up when another valid points are provided like the rest of terrorist ikhwan?
You’re here again crying about how personally bad I am and how I’m a Sisi brainwashed repeating the same shit over and over again ignoring true facts that would flip the table on your argument
You still never replied to Ikhwan’s relation with Hamas, never replied about Hamas proven to be a terrorist group because Oh shit that’s reality you can never hide your relation with Hamas yet you’ll jump to the CIA topic saying it’s accusations yet if you connect the dots it’s enough to prove your CIA fund through your direct relations with terrorist organizations..
Ikhwan is definitely of Egyptian social fabric I never denied that , but their terrorist leaders are of Al Qaeda or Hamas social fabric who should be eliminated but their poor followers who bought ikhwan crab because they believe you’re true Muslims and that’s the way to heaven like you’ve convinced them with your media those
Half of those saw the real face of that terrorist group and already raised the middle finger, the other half will be fixed with education.. we’ve fought the leaders and won now it’s time to change the terrorist and extremist thought they’ve raised in them and by then we’ll be welcoming all political rivals unless they belong to that terrorist group…
Ikhwan=Hamas= Terrorizing civilians because they cannot come close fighting other military who funds them
I tried to give you reality check but you wanna live with them fake slogans in ikhwan la la land
Me as a Sisi drummer and m3arra9 whatever you wanna call me i’ll do what’s in my best with this country to wipe ikhwan of egypt’s history forever even thou I don’t fuck with Sisi nor understand wtf he doing but what am sure of that Ikhwan are terrorists and hypocrites from my own experience..
what’s hilarious that you’re still calling Rabaa a massacre and all your bullshit while you gave me the most uncertain number of victims I’ve seen in my entire life between 600-1400 imagine a school shooting that says victims between 2-200 who would ever take that shit seriously 😂
also the ones who didn’t die why didn’t they? They had the invisible Ikhwani duaa?
May all those who died R.I.P tab3an but the numbers you’ve provided makes it impossible to even take the whole massacre thing seriously…
don’t reply to me unless you wanna talk about facts like your relation with Hamas that you keep ignoring every and each time
Dystopia
ِِAnd in order to build this they spent billions of our tax money which in return made us sink in debt and inflation , Egyptian authoritarian regime is slowly ruining Egypt
You pay your taxes?
Our taxes can’t pay a fraction of this, if you’re illiterate leave the internet now
No it wasn’t really funded from tax money most of the latest projects are financed by sponsors and investors companies.. also from “Tahya Masr” Savings.. in addition to Saudi and Emirati support. if you don’t know shit about economy don’t share utter bullshit from your mind how is the regime is slowly ruining Egypt if we have an increasing and stable GDP growth rate of 5.4 in july 2018… it’s good we have haters like yourself it means we’re doing it right
Liar… The city and other new cities are built without any funding from government
Idiot you just want free shit. This wasn’t paid by taxes.
Ass Hole SISI ( Balaha)
zeyad abuzied I, too, support you in your quest to advocate for the public execution of people who say bad things about the current guy in charge of the country !
LOL
zeyad abuzied you’re dumb as fuck man the nigga said he supports you wtf u high on dude u fucked up lol
MO SALAH😍❤
Average annual income in Egypt is 2,500 USD and the are selling apartments in the new capital for a minimum of 57,000 USD
@some egyptian guy In egypt rent is like maybe 50 dollars a month if not less
60K is dirt cheap so what are you trying to say, a shitty apartment in Amsterdam is over a million
@Je Moeder If you actually took the time to see what the comment stated, it’s that the average income of an Egyptian citizen is very low and and 60k is not dirt cheap for an Egyptian that finds a hard time looking for a low salary job, and that’s if they’re lucky too.
@Jaguarnaut yes thanks for your information but im not a retard and im considering the average income and currency value. Try renting or buying a house in amsterdam
Ok stop doubting the project, mister “expert”.
what a bias PR.
تحيا مصر🇪🇬✌🇪🇬
The military steals our money to spend it on a garrison city for generals and rich people with all important buildings protected from any future riots
It will be huge , perfect, beautiful but it’s not for Egyptians benefits
@Basel Yaser yeah you tell me how the military is “stealing our money” and man u seem very intelligent rewriting the same comment u see unlike u I have some common sense I need to understand how people like u breath unassisted
He writes the same comment every time you write the same type of offensive replies without giving a reasonable answers. Be respectful , you sound like a child .
@hazem taha I don’t need to be respectful because I am defending my pride toward my nation and my president he didn’t even put one foot wrong the entire time he’s been leading its becoming better every day he’s in charge and sometimes u need to kill pests like these morons these idiots are literally defending the islamist Muslim brotherhood regime and saying it’s unfair to put terrorists on trial yeah that would work next time idiots but now we have a vision that we will complete for a brighter future
great report keep up the good work 👍
المزيعه :انت بتقول اه ؟
this is a failed project since it will give rise to extreme inflation, are there any economists thinking about this?
the economic situation in egypt in terms of the value of the Egyptian Pound is drastically in ruin, projects like these push the inflation further and aren’t worthy in the long run
zeyad abuzied Wow you sure debunked his comment with logic and facts !
How will it increase inflation?
zeyad abuzied you’re a worthless kid, your whole existence is as good as a rusty metal on a rat’s ass
ShoushaJr People why are we arguing? I will solve this and explain it: to respond your question Shousja Jr: This is not a failed project, i can understand why you thinking that but it is not a failed project. The place of the new capital is chosen in a logistic and very smart place, it’s between the suez canal and Cairo, it will be a huge city and it will have a high quality of life more than any other country. And because it’s in that place it will attract investments, Egypt is now stable and secure(if you compare between now and a few years ago) so it will attract much investment, and investments are very good for a economy from any country around the world, but if you want to attract this investments you’ve to have a clean and good and nice looking city, excellent infrastructure etc. The devaluation of the pound is also one of the reasons (to attract investments) this not mean that i don’t know how difficult it is for people right now to live with this inflation, i completely understand, and i think you’re right when you say that the new capital of Egypt is only for the rich, but believe me everything what our president and government is doing is not the wrong way, the problem by us Egyptians is when anyone says something(mostly negative) everyone will follow this, this is not correct, you have to follow the numbers and the good things you see, instead of all the negative things. I hope everyone will understand that what happens in Egypt is good and not bad, this is our future, our life, and our superpower country Egypt with a great population, huge civilization and modernity! I hope the next time that we all, when we want to say something, to say it with respect to each other (i’m speeking in common, not over 1 person specifically), and if there’s someone with another opinion, we respect that.
@J. S. Hello fellow, thanks for your respect. I agree the country is now more secure and much better than what it was in the former system. But thing is, it’s not GOOD ENOUGH. Building a new capital certainly has its merits, but overall it’s not good enough hence, an overall failure. Attracting investments are done through laws and regulations which the egyptian government simply doesn’t do on the note that they claim they can’t afford. Many foreign businesses find it extremely difficult to operate within Egypt due to tax issues not to mention domestic and custom issues as well. The bureaucratic nature of the Egyptian government hinders any form of true investment.
Now off to why I think the project isn’t good. The money and effort pumped into this project (regardless of where they come from) are much more needed in another sector; the industrial sector, building factories and evolving in this area, building machines, training workers to manufacture and use them. Investing in this regard much more needed. Uk/france average salary is 2000 euros while egypt’s is about 2000 pounds. A good Lenovo tablet is 250 euros which means 10% of their monthly salary while in Egypt it’s worth about 5000 pounds which is double our salary. We’re not in bad enough shape economically compared to other unfortunate countries, that i understand. But shouldn’t one wish for the projects and money invested to be done in more important and successful projects? Such as evolving our industry? How many efficient industrial factories do we possess and how do they affect our GDP? Insignificant. If you think a project to make cairo less crowded and an unsure promises of foreign investments a success, I disagree. Simply because, plebs will always keep procreating and producing and making children, that’s how uneducated people live, making giving them food or space isn’t the solution because eventually that space will be crowded AGAIN, and the food will replenish. Putting a system for them to work in is the solution via developing our industrial % in the GDP by making MORE effective and efficient factories and not factories to produce food. I’m talking about manufacturing factories.
Seriously they couldn’t find a better speaker for this shitty project. Military owned military built military vision .. you know where all this leads to.
Not military built tho
new administrative bullshit !
New capital for the RICH and Wealthy Egyptians , Most Egyptians cannot afford to live in this new capital
This is not made for the people , This is made for their people
There’s a massive housing project mostly for the poor ” it’s called the one million unit project ” read more about it, Listen i don’t like the current Egyptian regime as well but i can’t deny facts
Your comment is based on ZERO research dude you clearly don’t know what you’re talking about.. The new capital is built to house all social classes there are apartments that are 100 meters what rich and wealthy would live in a 100 meters apartment !?
you’re just hating for the sake of it
Moemen Yasser you are very emotional and you have no idea how the economy of country is managed. In other words we look for profit to use it for more investment or to reinvest . so clearly, it is for who can afford it and not just for the rich people .
What an idiot, you have no idea about what you are talking about so stfu
Shut up phleb.
People do not value long term investment, they will not wait to get income, But El-SISI doing the better for Egypt,
is this smhow sponsored? seems that the Egyptian state paid for it. dafuq are they doing
haha if the Egypt is paying foreign media that on it’s own is a “win” tbh why u hating !? and if they’re paid to display reality and real projects ain’t nothing wrong with that so what exactly is your point? hope you’re not another “Muslim brotherhood” sheep who do nothing but literally pick on anything trying to make people hate their lives and their homeland
Omar Al Ansari anotha MB’s sheep? MY OH MY..smiiiirks, anotha brainwashed sisi’s agitprop media slave who thinks any dissident is a MB particpant. That’s propaganda and the reportage is an apparent farce. It’s showin the tip of the berg overlooking the waste of resources and the mess such empty projects are creatin-suez canal project is anotha one-, watching this is a waste of time and absurd, but apparently you are a good citizen who trusts his dictator. btw, regarding the MBs “sheeps” here’s a quote for you punk by Hannah arendt, «العنف ينتج عن الغضب حين ينتقص إحساسنا بالعدالة».
yikes
cut the ghetto slang, trash. w pls don’t reply tany and “dwr 3la 7d taany” yla ya 7eletha mn hna.
lol dude you just proved what I said that you will ignore the main subject and important points and pick on a small detail such as if Arendt is known or not and how I need to get an educational course about world’s useless philosophers, that’s after you quoted a saying that has nothing to do with the discussion in first place!! you’re a typical sheep dude I can swear almost 95% if not all of MB’s sheep I debated do the same they can never stick to a point and reply to it 😂 gtfo even ur english seems like you’ve learned it from 9gag dude
u must be a 15-16 yo who happened to be born in an Ikhwan family who managed to teach you useless philosophy that always justifies you being a sheeple like terrorist group..
amro saeed ki555 ya baba ki55 you’re using inappropriate language for your age
Man all the butthurt western puppets are flocking to this video so they can find something to spend their worthless lives on and comment worthless insults toward our noble leader lol
Actually most of the negative comments seem to come from other Egyptians 😉 I hope the best for this development, Egypt has a bright future ahead.
Lol It seems you’re the foreigner here because the way I see it if you live in Egypt You should’ve known prices are going up and up. While most people can’t maintain their standard of living you over here expect people to have enough money to *INVEST* in new ‘developments’.
Well said, maybe the government should spend this money on development that is good for the average Egyptian. Becuase to me it seems that a lot of Egyptians think this project is a waste and will not affect them positively.
Jacob no it will dramatically change each citizen’s lifestyle and future, you don’t seem to have enough information about it or how economy works.. with over 1 million apartment for the poor and incapable how will that not effect positively ?
with new government buildings with new roads, bridges, with a whole new capital is not beneficial? you must be delusional or really don’t know anything about economy
@Omar Al Ansari why are y’all trying to pick a fight with the guy? 😂
It’s over egypt got fucked
CRAP. BULLSHIT. CORRUPTION
Hardly. For government security against Muslim Brotherhood. People pay for those apartments, and that profit pays for the government departments in modern facilities.
CRAP. BULLSHIT. CORRUPTION.
There was a lot of information purposefully left out, the city has designated places where those who live under the poverty line are meant to take free housing with all the previously mentioned amenities, that’s not to mention the other housing units being built corresponding to this that are given out to the public who can’t afford them at random. The investment in the capital city is not coming from public funds or mysterious companies as well, the investment is coming from the benefits that any company would have simply because as the land grows in prosperity the prices of the land grow and as such they make profits on the long run, it’s simple and it’s wonderful, it doesn’t take much money from the country’s own national funding but yields a whole capital as a result. One last point that I believe is important that was left out is that more than 5% (we’re 100 million citizens so that’s more than 5 million people) are government workers and they have their own buildings assigned to them for free as the government is going to move its headquarters to the capital. By the end of the project more than 6 million citizens would have free housing, those who lived under the poverty line with improper housing would have stable housing and so would government workers, that’s not to mention the housing which will be offered to the market, this *is* a wonderful project, it’s rapidly growing and not taking a toll on the public national funding as opposed to what was implied in the video
Government is going to provide free housing for 6 million people ROFL
Can’t stop laughing
Mohammad El-Saaidy Well tbh they said they will build and they did so if they said they’re going to provide free housing for people there is no reason to doubt that… except if the reason is that I’m an Ikhwan who is programmed to hate and spread negativity lol
@Mohammad El-Saaidy Sisi-Propaganda lol
Fuck Egypt! One of the worst countries on earth. I can’t wait to get out of this shithole.
Good report.
This city will make a great difference in Cairo itself, it will decrease trafiic which means lower population and better services.
And for those who say it’s for the rich, no one will take you out of your home, if you wanna buy in this new city, work and pay, and if you are poor plz let me remind you that Egypt is also building new cities and better communities for you.
#Egypt2030
عايزين ينقلوا في المرحلة الأولى من المشروع مليون و نص فرد والشقق اسعارها تبدأ من حوالي 57 الف دولار يعني حوالي مليون جنيه لا تعليق
ملايين المصريين قادرين على شراء هذه الوحدات. منهم العائدين من او المقيمين فى خارج مصر و منهم من يعملون لدى الشركات المالتى ناشونال داخل مصر و دخولهم عالية.
كل ما وحدات تتفتح هتخلص وافتخر كلامي
فى أراضي في الأقاليم بتتباع ب ١٥٠ الف جنيه المتر .. اضعاف العاصمة .. فى ناس معاها فلوس و فى اجانب وعرب
https://www.newcapital-projects.com/%D8%A7%D9%84%D8%A8%D9%88%D8%B3%D9%83%D9%88-%D8%A7%D9%84%D8%B9%D8%A7%D8%B5%D9%85%D8%A9-%D8%A7%D9%84%D8%A5%D8%AF%D8%A7%D8%B1%D9%8A%D8%A9-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-il-bosco-new-capital/
Désert illusion !! Alsissi is sick and he is waisting debt money on very big useless projet while Egyptians are suffering food and drug shortages and especially health care catastrophy
I don’t know why most Europeans & USA are disturbed by Chinese for its contribution for buildings in Egypt , anybody can noticed that obviously from this & many other reports .. but why?
They don’t want chinese influence to increase in ME and Africa.
There is a power struggle.
China’s government is under the Chinese Communist Party. Go live in China for a year/so and you will see with your own eyes what life is like for it’s citizens. The government there controls everything and can’t be trusted.
All nonsense the Governoment is just making a big project for the money not for the People. As you can see the prices are set for the rich only which only represent less than 1% of the population ! So how exactly are you planning to lessen the crowd in Cairo !!???
I’m Egyptian. CeCe’s my president. I support him with all my heart
same
He might cut out your heart.
@Vengeful Avenger … Nah
God please China they change the world
my ancestor built the great pyramid today young generation is building modern capital for our beloved Egypt.
am proud .
@Amoun study history
@Amoun in fact Arab invaded sudan so sudan people are Arab right tell me oh they didn’t change also Egyptian 90% of Egyptian copts and 10% Arab and other people
Copts word used by arab and Romans and Greek like word Egyptian in English but Arab used it when thay speak about non-arabs
@peter 99 Sudanese, Nubians and most East Africans are mixed these days
Kers Pertt lmao how the fuck u call a country with 17% only from its population are arabs ?
@Yihuda but die the people from Sudan build them? No totally wrong Sidan was part of ancient Egypt and the Egyptians build them not the Sudan population
This guy is freaking drunk lol creepy bullshitting
Do You know that the average salary of a doctor in Egypt is 200$ per month
because it isnot a wealthy country and the population there is crazy i guess u can
calculate through a simple formula
if u have 5 oranges and 5 people then an orange for each
but if u have the same 5 oranges and 100 people i think each will take less than a bite
apply that on ur case and i guess u will know why salaries are low there in egypt
This is not the first time Egypt has tried to build isolated satellite cities. They have all failed thus far. What is the point of this when the VAST majority of Egyptians are priced out? Who will buy these apartments?
sound good right but this is build for the rich not even for middle classes.
🇪🇬💵💎👮🏽🔪👀
sisi son of bitch
Hooot
الراجل ده هيفضحنا 😂
ههههههههههههه
ههههههههه
American puppet dictator
Fuck you
انجليزي ده يا مرس
😂😂
Viva egypt with sisi
Why interview and illiterate person representing the Egyptian side??? WTF
We are working together to strengthen Egypt and give Egyptians a framework so that they will have the tools they need to prosper. It is not easy and it doesn’t happen overnight, but soon bit by bit individuals will start to see personal improvements in their own status. Keep in mind that there are millions of people in Egypt, and until now many things have not been modernized due to many factors and it remained in this condition for a very long time. The task is daunting but do not worry there are many Nations making changes that will allow them to make the necessary investments that will lead to prosperity. If we can have everyone Unite as Egyptians and end some of the infighting and prejudices between different groups it would help very much and make our work go faster.
Purpose? Security for government departments and their families.
Cathedral?????? يا سيسي ماذا تفعل يا رجل
Jordan XVI it’s not your fucking business egypt has 20 million Christians
sisi has ruined egypt
No he’s made it better.
Are you dumb or something?
How could he ruined egypt when he is going to the right road?
You really such an idiot
How much they pay for showing this report in CNBC Life? 😂
🇪🇬🇪🇬🇪🇬🇪🇬🇪🇬🇪🇬
Development is always a good thing, congrats to Egypt
Some are calling this a vanity project. But actually I see it a bit different. Today my own City incorporates about 43 square miles. Along with the population density of about 3,200 per square mile.
With a population increase of about 6% a year. Not terrible but not great either. One of the factors that is contributing to our micro slow growth. Is the fact that we are a hundred year old city built on hundred-year-old infrastructure.
We are a small city carrying 6 lane traffic!! Which was designed for 2 lane horse carriages lol. We didn’t plan enough in our early days. To start incorporating that into the city’s growth forecast.
Larger cities, like New York, Chicago, have similar problems. But in their case they aren’t physically growing just getting more populated. Cairo’s problems are magnified 10 times over.
In that it’s a centuries Old City. Which is built on centuries-old infrastructure. There’s very little to gain there in terms of growth & investment. It just makes more sense to start over. Cairos new capital city has a rare opportunity here. 🙂
Egypt has %90 muslim population but building largest cathedral instead of mosque. Puppet cici doing his job
Copts are Egyptians, so it makes sense to build a church for them. The Coptic church was founded in Egypt, way before Islam was there and is part of Egyptian culture and history
When u starve ur people kill them imprison them for speaking the truth about ur stupid exonomical approach and then u take loans from every single country in the globe 🌎 to build a fortress for u and the thieves around u this capital is simply why Egyptians are poor
تحيا مصر
Smart way to boost employment and solve the overpopulation problem of Cairo at the same time.
@Capitan Barbosa , if people have jobs they pay taxes and debts can be paid off.
@Capitan Barbosa , the debts have to be payed with taxes, like taxes on wages, on sales, on property etc. As long as property prices are kept within reasonable range people may buy or rent. Enough commercial activity must be allowed and infrastructure must be good as well. This will generate more taxes.
The city is a center of government so many nations may want to relocate their embassies and many investors, local and foreign, may want to be close to the financial services offered in the city.
@Capitan Barbosa , if well-managed it can work.
Just $57k for a new apartment? Thats cheap for me hahaha
@Majed Salha Of course wages are different lol
NPC #74935 the minimum wage in Egypt is 2000EGP which is around $120 so that’s that
That’s bullshit btw
They only say that but keeps getting higher.
The apartments over there start from $355000
And that’s for the studio.
This city will be mostly white people and gulf people.
@Mohamed Ahmed why would the Egyptian government build a city of 6 million people only for Europeans and gulf people? is there even that much of Europeans and golf people interested in buying a property in Egypt? I highly doubt…
SAMA RANIS we’ll see
This report is sponsored
AMAZING THIS IS NOT BAD NEWS
they cannot afford food and have problem of overpopulaton so what do they do, they spend billions building more mosques n buildings for gov
Egyptians have never seen a president who appreciates the country’s potential and value like President AL SISI.
Love Egypt 🇪🇬
57k usd is a lot cheaper compare here in main cities of Malaysia where you can get a studio (1room) apartment about 500 sqft for around 125k usd up to 200k usd. These people might say the cheap apartment would be around 20k usd or so? the price of a car? lmao
There are actually Brand new two bedrooms for less than 20k .. but not in the high class regions and new big cities
So,..Come to Egypt😄
We going to divide Egypt and founds the nation of the Spirit of God there…is necessary the dedication because of all the history of God presence there to free the people
#unitingmiddleeast
We going to divide Egypt and founds the nation of the Spirit of God there…is necessary the dedication because of all the history of God presence there to free the people https://www.facebook.com/253770905063670/posts/647593149014775/
we going to divide Egypt also only by speaking in tongues
#speakingintongues
>>{https://youtu.be/X8VodvKMb7U
SHUT UP.
It’s 2019 now, is it done?
@Mostapha hamdy Its not done.
2020 will fiish 30/6
It will finish 2022
Massibe parts built,But whole project is not finished as it’s a city so it will take a while
The city will be officially opened jan 2021 but there are still parts of the city that will still be under construction (mind you this city is bigger than many capitals like Paris lol)
The key is jobs.northern Africa and India youths are worst in global youth unemployment syndrome you can see when visit, young people stand by the road side not doing anything not going anywhere
Egypt on the move.
The biggest Cathedral on Africa is in Islamic North. Just wow, respect egypt
Building Cathedral is ok but no equal rights for Coptic Christains. We have tons of Mosques in West and we don’t complain bro. Let Religious tolerance and equal rights progress for everyone.
Egypt has 20 millions Christians
I would prefer a proper well-connected metro network in Cairo for that money so that people do not need to move by car as much, but well, I do not live there, so it is none of my business.
arent they also updating the Metro?, and making a new line ??
@5cats
I know Cairo has a metro, but it is not fully developed as it should
Moscow has 440km of metro, Cairo has 70km
Both cities have around 10mio inhabitants (excluding the agglomeration)
@Franko Zrin Cairo metro is updated now.. the authorities are constructing Fourth and fifth lines.. Also an electric train will link w
ith Metro
cairo is bigger then China capital, I hate sisi but I think he is doing a good thing here
@zenubi china is building a high speed train in Egypt
Waste of money!! For what to they need this need this city to seperate poor from rich. This massive price label can be used to help solving more important issues in egypt, like education, pauverty etc. Or make current cities more better livable where the average egyptian can benefit from. Really why do they need this! Ask yourself no added value. New place for politics, why they csn use their current buildings. Only more money and nicer place for elite
God save Egypt 🇪🇬 x
sisi doing his best despite skepticism campaigns being launched by islamist extremist muslim brotherhood , no doubt egypt on the right way but we hope more improvements in many aspects .
Love🇪🇬
You all idiots to be happy. Egypt is already on China and imf debt trap. That’s what they do give tons of money to build projects no one can use and in the end you privatise your country
Icarus Digital Marketing go and make some research all new egyptian cities by Egyptian workers and Egyptian money
It is very nice 👍
Great work ❤💙
Misr!! Ahsann nas!!
Egypt is getting great day after day
Brothers country egpyt ..!
❤ love from Pakistan ❤🇵🇰🇵🇰🇵🇰
We love Pakistan too our brothers Alah bless you🇪🇬 ❤️🇵🇰😘
thanks Egypt.
all militry project ,,there is no free matkrts, dictator sisi
U certainly don’t know what dictator means
Stay in your country
It’s amazing
ممكن المصريين يبطلوا يتكلموا كأننا المفروض نتكلم غير لغتنا بلهجتهم و لو عادي اتاثرنا بلغتنا تبقي فضيحة. احنا مش مطلوب مننا نشبه حد حلو اوي اننا بتعرف نوصل المعلومة باكتر من اللغة . شكرا للراجل اللي بيشتغل و اللي بيتكلم عن بلده و علي الاقل هو اللي فهم المذيعة هي ماكنتش هتتكلم عربي و تفهم لوحدها
Cairo is built over 1000 years ago. Its not made for modern world with cars. New City will help allot.
Many people are suffering because of this. The government needs to pay the contractors that took the jobs and stop finding excuses to pay the money they put out of their own pockets.