{"id":549959,"date":"2022-10-09T04:08:14","date_gmt":"2022-10-09T04:08:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/egypt-in-the-news-nyt-scrutinizes-the-new-capital\/"},"modified":"2022-10-09T04:08:14","modified_gmt":"2022-10-09T04:08:14","slug":"egypt-in-the-news-nyt-scrutinizes-the-new-capital","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/egypt-in-the-news-nyt-scrutinizes-the-new-capital\/","title":{"rendered":"Egypt in the News: NYT scrutinizes the new capital"},"content":{"rendered":"<p><strong>Funding the new capital: <\/strong>The <a href=\"https:\/\/www.nytimes.com\/2022\/10\/08\/world\/middleeast\/egypt-new-administrative-capital.html\">New York Times<\/a> is out with a feature examining what it thinks is the USD 59 bn cost of the new capital as the country struggles with rising inflation and interest rates. With the government issuing high-interest bonds to help cover the cost, the Gray Lady is worried about the risk of default.<\/p>\n<p><strong>Also making headlines: <\/strong><\/p>\n<ul>\n<li>An online petition demanding <strong>the repatriation of the <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/52700512-4104-4be2-9bb1-af2a1b158028\">Rosetta Stone<\/a><\/strong> from the UK has gathered some 2.5k signatures so far. (<a href=\"https:\/\/www.reuters.com\/world\/middle-east\/egypt-calls-return-rosetta-stone-200-years-after-it-was-deciphered-2022-10-05\/\">Reuters<\/a>)<\/li>\n<li><strong>Replanting mangroves<\/strong> is one way to combat the impacts of <strong>climate change<\/strong>. (<a href=\"https:\/\/www.thenationalnews.com\/mena\/2022\/10\/07\/egypt-replants-mangroves-to-fight-effects-of-climate-change\/\">AFP<\/a>)<\/li>\n<li><strong>Our human rights record <\/strong>is getting attention from the United Nations (<a href=\"https:\/\/www.ohchr.org\/en\/press-releases\/2022\/10\/egypt-un-experts-alarmed-restrictions-civil-society-ahead-climate-summit\">Statement<\/a> | <a href=\"https:\/\/apnews.com\/article\/middle-east-africa-egypt-cairo-united-nations-d7eaca040ac7975e6a2b7abadaf07e4b\">AP<\/a>) and the <a href=\"https:\/\/www.wsj.com\/articles\/egypt-released-hundreds-of-political-prisoners-this-year-some-say-they-were-tortured-11665048602?mod=Searchresults_pos1&page=1\">Wall Street Journal<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Funding the new capital: The New York Times is out with a feature examining what it thinks is the USD 59 bn cost of the new capital as the country struggles with rising inflation and interest rates. With the government issuing high-interest bonds to help cover the cost, the Gray Lady is worried about the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7233],"tags":[228,7106,72,210,2524,875],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-549959","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-cop27","tag-debt","tag-enterpriseam","tag-human-rights","tag-mangroves","tag-new-administrative-capital","wpautop","entry"],"acf":{"mongo_id":"59751d4e-cce9-4d1e-862b-ae185e26da15","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[549939],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt in the News: NYT scrutinizes the new capital - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/egypt-in-the-news-nyt-scrutinizes-the-new-capital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt in the News: NYT scrutinizes the new capital\" \/>\n<meta property=\"og:description\" content=\"Funding the new capital: The New York Times is out with a feature examining what it thinks is the USD 59 bn cost of the new capital as the country struggles with rising inflation and interest rates. With the government issuing high-interest bonds to help cover the cost, the Gray Lady is worried about the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/egypt-in-the-news-nyt-scrutinizes-the-new-capital\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-09T04:08:14+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/egypt-in-the-news-nyt-scrutinizes-the-new-capital\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/egypt-in-the-news-nyt-scrutinizes-the-new-capital\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt in the News: NYT scrutinizes the new capital\",\"datePublished\":\"2022-10-09T04:08:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/egypt-in-the-news-nyt-scrutinizes-the-new-capital\/\"},\"wordCount\":121,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"COP27\",\"debt\",\"EnterpriseAM\",\"human rights\",\"mangroves\",\"new administrative capital\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/egypt-in-the-news-nyt-scrutinizes-the-new-capital\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/egypt-in-the-news-nyt-scrutinizes-the-new-capital\/\",\"name\":\"Egypt in the News: NYT scrutinizes the new capital - 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Get outdoors. Egypt might be better known for its long coastlines, farmland and barren deserts but it is also home to tons of unique plant species in various enclaves around the country.The desert is greener than you think: The St.\u2026","rel":"","context":"In &quot;PLANTS IN THEIR NATURAL HABITATS&quot;","block_context":{"text":"PLANTS IN THEIR NATURAL HABITATS","link":"https:\/\/enterpriseam.com\/egypt\/category\/plants-in-their-natural-habitats\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/741.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596686,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/eib-expresses-interest-in-financing-cairo-new-capital-monorail\/","url_meta":{"origin":549959,"position":1},"title":"EIB expresses interest in financing Cairo-new capital monorail","author":"enterpriseam admin","date":"4 July 2019","format":false,"excerpt":"EIB wants in on new capital monorail financing: The European Investment Bank (EIB) is interested in joining forces with the European Bank for Reconstruction and Development (EBRD) and UK Export Finance to help finance the monorail project that will link Cairo to the new administrative capital, Transport Minister Kamel El\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599550,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/nat-to-sign-usd-1-2-bn-loan-agreement-with-china-exim-for-electric-rail-line\/","url_meta":{"origin":549959,"position":2},"title":"NAT to sign USD 1.2 bn loan agreement with China Exim for electric rail line","author":"enterpriseam admin","date":"2 January 2019","format":false,"excerpt":"The National Authority for Tunnels (NAT) will sign before mid-January a USD 1.2 bn low-interest loan agreement with the Export-Import Bank of China (China Exim) to fund the East Cairo electric rail line, according to a Transport Ministry statement. The new 67 km line will link Salam City with 10th\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599711,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/08\/naccud-to-hire-foreign-companies-to-manage-new-capital-services\/","url_meta":{"origin":549959,"position":3},"title":"NACCUD to hire foreign companies to manage new capital services","author":"enterpriseam admin","date":"8 January 2019","format":false,"excerpt":"The New Administrative Capital Company for Urban Development (NACCUD) is expected to sign soon contracts with Dutch, Chinese, and French companies to manage essential services, including transportation and sanitation, in the new capital, NACCUD Chairman Ahmed Zaki Abdeen told Egypt Today. Abdeen did not disclose company names or the expected\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546335,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/12\/total-eren-enara-capital-to-build-green-ammonia-facility-in-sczone\/","url_meta":{"origin":549959,"position":4},"title":"Total Eren + Enara Capital to build green ammonia facility in SCZone","author":"enterpriseam admin","date":"12 May 2022","format":false,"excerpt":"Another green ammonia project: Egypt inked a memorandum of understanding with an alliance that includes Total Eren and Africa-focused SME investor Enara Capital to build a green ammonia plant in the Suez Canal Economic Zone (SCZone), according to a cabinet statement. The facility will initially produce 300k tons of ammonia\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/151.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597056,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/egypt-begins-talks-with-chinese-european-consortium-to-build-new-capital-control-center\/","url_meta":{"origin":549959,"position":5},"title":"Egypt begins talks with Chinese-European consortium to build new capital control center","author":"enterpriseam admin","date":"15 July 2019","format":false,"excerpt":"The Electricity Ministry has begun talks with China\u2019s State Grid Corporation (SGCC), Siemens, and ABB to build an interactive control center for the new administrative capital, ministry sources told the local press. 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