New administrative capital is a hard sell -AFP

The new administrative capital has been “hard to sell,” according to the AFP. “Amid hesitation from foreign investors, only a few Gulf companies and a Chinese partner have expressed interest in the project,” the piece notes.

Also worth a skim this morning:

• Egypt, Saudi, and the UAE “ have a strong pipeline of announced and rumored IPOs” planned for late 2017 and early 2018, The National notes.
• Megan Van Groll recounts her experience visiting “post-revolutionary Cairo” in 2012 for Huffpost.